Price Reduction
Address
1189 Cole Lane, Gatlinburg, TN
Price
$ 599,900
Property Attributes
  • MLS#1334652
  • TypeSingle Family
  • Listing Status Active
  • CountySevier
  • CityGatlinburg
  • AreaSevier County
  • NeighborhoodWhaley Subd
  • Zip37738
  • StyleTraditional
  • Year Built2016
  • Taxes$ 1420
  • Price$ 599,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3055
  • Lot Size0.51 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description

Positioned in the highly desirable Great Smoky Arts & Crafts Community, this 3,000 + sq foot property offers a rare combination of size, location, and STR zoning- making it an exceptional opportunity for serious investors and developers. This property is projected if on the rental market to gross between $70,000 and $80,000 yearly. located just minutes from downtown Gatlinburg, this property gives guests convenient access tom top attractions while maintaining the charm and experience visitors seek in the arts and crafts district. Even more valuable, the property is connected to public water and sewer, eliminating the common development hurdles allowing for maximum build out potential. Whether you are looking to create a high income producing short term rental, expand into a multi-unit concept or develop a standout cabin concept this property checks ever box.

Price History
3/30/2026 Listed $685,000
4/29/2026 2$669,000
6/22/2026 1$664,000
7/15/2026 2$649,900
8/27/2026 8$599,900

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Central Cooling
Appliances Dishwasher,Microwave,Range
Garage Spaces 2
Architectural Style Traditional
Construction Materials Vinyl Siding,Block
Year Built 2016
Property Subtype Single Family Residence
County Sevier County - 27
Property Type Single Family
Attached Garage true
Subdivision Name Whaley Subd
Total Rooms 7
Full Baths 2
Status Active
Directions Start on the Gatlinburg Parkway (US- 411) turn in downtown. Turn at traffic light #3 onto east Parkway (US - 321) continue on East Parkway for about 4 miles. Turn left onto Glades rd. Go approximately 1-2 miles on Galdes Rd. Turn left onto Cole Lane. the house will be on your right.
City Gatlinburg
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 22215.6
Property Attached Y/N false
MLS Area Minor Sevier County - 27
Virtual Tour https://tourmkr.com/F1YEhyC8EL/47022858p&349.16h&83.87t
Structure Type Other
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing Exchange true

Interior Features

Basement Crawl Space
Flooring Laminate
Fireplace Features None
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 4
Total Baths 2

Exterior Features

Parking Features Attached,Main Level
Lot Features Level
Water Source Public
Lot Size Area 0.51
Building Area Total 3055
Lot Size Acres 0.51
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37738

Price
AVG $920K
$600K
Taxes
AVG $2,595
$1,420
Year Built
AVG 2004
2016

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