Improved Residential Land for Sale in Pigeon Forge, Tennessee
4314 Carolina Cove Way, Pigeon Forge, TN 37863
$373,000+ combined gross income from Sept. 2024 to Aug. 2025 in this short term rental package comprising two cream of the crop cabins. Seller offering $25,000 buydown credit! Medium STR cabin located in the coveted Chalet Village where bookings continue through winter months. One-of-a-kind large STR cabin in Pigeon Forge with its own extremely rare outdoor swimming pool and real Canadian logs. Larger parties book these cabins months in advance. Turnkey for investors as the best Smokies property manager, in Seller's opinion, is willing to continue managing these top producing STR cabins for new owners though buyers are free to choose their own PM or self-manage. Close the deal in 2025 to capture bonus depreciation for self-managing buyers. Seller will help buyers with seamless transition including referrals for property manager and cost segregation analyst to capture bonus depreciation, transfer of VRBO reviews and ratings to buyer: 9.6 on large cabin, and 10.0 on medium cabin .
Location
- Street address
- 4314 Carolina Cove Way
- County
- Sevier County
- Community
- Serenity Cove Unit 2
- Elevation
- 1,459 feet
Directions
Turn right at Light 10 on Parkway, Conner Heights Rd becomes Mill Creek Rd. Left at horse ranch to stay on Mill Creek Rd. Left on Carolina Cove Way. 2nd driveway on Right.
Property details
- Acreage
- 2.24 acres
- MLS #
- KAARMLS 1311792
- Posted
Property taxes
- Recent
- $4,406
Parcels
- 115F A 002.00
Details and features
Listing
- Type
- Residential Multi Family
- Unit Count
- 3
Exterior
- Parking
- Off Street
- Pool
- Patio, Porch
- Features
- Balcony
Structure
- Heating
- Central, Heat Pump, Natural Gas
- Cooling
- Ceiling Fan(s), Central Air
- Materials
- Block, Frame, Log
- Roof
- Metal, Shingle
Interior
- Flooring
- Carpet, Hardwood, Laminate, Tile, Vinyl
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Features
- Cathedral Ceiling(s)
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 3, 2025 | Price drop | $3,250,000 | $620,000 -16% | KAARMLS |
| Sept 30, 2025 | New listing | $3,870,000 | — | KAARMLS |
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