Price Reduction - Views - Golf Course - Primary on Main
Address
449 Lucerne Way, Gatlinburg, TN
Price
$ 929,900
Property Attributes
  • MLS#1335326
  • TypeSingle Family
  • Listing Status Active
  • CountySevier
  • CityGatlinburg
  • AreaSevier County
  • NeighborhoodCobbly Nob-Ches Ridge 1
  • Zip37738
  • StyleCabin
  • Year Built1997
  • Taxes$ 2660
  • Price$ 929,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage3440
  • Lot Size0.63 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description

Amazing Views!!! This cabin is a proven income-generating vacation rental. It earned $146,000.00 in 2023, $115,000.00 in 2024, $ 80,000.00 in 2025 (when the cabin was not rented due to a sale), and now, in 2026, it already has $62,000+ on the books and reserved. The cabin is expected to bring in over $120,000 this year! It features revenue-enhancing amenities, including a theater room, game room, sauna, hot tub, and expansive decks with panoramic Smoky Mountain views. Located in the desirable Cobbly Nob Resort near Gatlinburg and the Great Smoky Mountains National Park, this property offers investors a turnkey short-term rental with a strong historical performance and continued booking momentum.

Price History
4/3/2026 Listed $949,999
4/10/2026 Listed $949,990
4/17/2026 Listed $949,909
4/24/2026 Listed $949,900
8/14/2026 2$929,999
8/21/2026 Listed $929,990
8/28/2026 Listed $929,909
9/4/2026 Listed $929,900

General Features

Sewer Septic Tank
Heating Central,Propane
Cooling Central Cooling
Appliances Dryer,Refrigerator,Washer
HOA Fee 156
Garage Spaces 2
Architectural Style Cabin
Construction Materials Wood Siding,Log
Year Built 1997
View Mountain View
Property Subtype Single Family Residence
Assoc Fee Paid Per Monthly
County Sevier County - 27
Property Type Single Family
Association Amenities Swimming Pool,Tennis Courts,Club House,Golf Course
HOA true
Attached Garage false
Subdivision Name Cobbly Nob-Ches Ridge 1
Total Rooms 10
Full Baths 2
Status Active
Directions From the Gatlinburg Parkway, turn onto Hwy 321 E and continue approximately 11 miles. Turn left into Cobbly Nob Resort onto Butler Branch Rd, then right onto Old Webb Creek Rd. Turn left onto Matterhorn Dr, then left onto Overview Dr. Continue to the end of Lucerne Way at the dead end. Property is GPS-friendly.
City Gatlinburg
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 27442.8
Property Attached Y/N false
MLS Area Minor Sevier County - 27
Structure Type 2 Story
Standard Status Active
New Financing Cash true
New Financing VA Loan true
New Financing Coventional true

Interior Features

Basement Finished
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Gas Log
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 3
Total Baths 3

Exterior Features

Parking Features Garage Door Opener,Main Level
Lot Features Other,Private,Golf Community
Water Source Public
Lot Size Area 0.63
Building Area Total 3440
Lot Dimensions 170.49 X 210.71 IRR
Lot Size Acres 0.63
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
$930K
Taxes
AVG $2,595
$2,660
Year Built
AVG 2004
1997

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