Residential Land with Home for Sale in Cosby, Tennessee
5145 East Pkwy, Cosby, TN 37722
*UPDATE* Seller is super motivated due to unforeseen circumstances. Don't sleep on this one, bring us an offer today! - Discover a remarkable investment opportunity in the stunning Smoky Mountains with this expansive 6+ acre property that combines natural beauty, privacy, and excellent income potential. Situated adjacent to the National Forest, this parcel offers unparalleled seclusion and a true mountain retreat experience, making it an ideal location for both short-term rentals and future development. The property features six fully furnished, modern-style cabins that are currently operating within a rental program, providing immediate income and a strong foundation for your investment portfolio. Each cabin has been thoughtfully designed and meticulously built, showcasing quality craftsmanship and contemporary amenities that appeal to a wide range of guests seeking a peaceful getaway in the mountains. Beyond the existing cabins, the property boasts significant development potential. There are three ready-to-build lots on the lower portion of the land, already cleared and prepared for construction, offering flexibility for expanding your rental offerings or creating a custom estate. Additionally, the upper level of the property, boasting amazing mountain views, is already permitted for the construction of up to a four-bedroom cabin, providing a perfect opportunity to tailor the space to your vision or increase rental capacity. This property isn't just a collection of rental cabins-it's a carefully curated mountain retreat designed to maximize privacy, comfort, and revenue. Whether you're looking to expand your rental business, build a private mountain sanctuary, or both, this property offers endless possibilities. The natural surroundings, combined with easy access and well-planned development infrastructure, make this a unique chance to own a slice of the Smoky Mountains that promises both beauty and substantial returns. Seize this incredible opportunity to create your mountain paradise with a proven rental operation in one of the most sought-after destinations in the country. Contact us today to learn more about this exceptional property and start your journey toward owning a premier Smoky Mountain investment. ***Total Sq Ft is the combined 6 cabins at 600 sq ft each.
Location
- Street address
- 5145 East Pkwy
- County
- Sevier County
- Elevation
- 1,913 feet
Directions
Follow TN-416 S/Pittman Center Rd and TN-454 to US-321 N/East Pkwy Turn right onto US-411 S/Dolly Parton Pkwy Turn left onto Old Tennessee 35 N Continue onto TN-416 S/Pittman Center Rd Continue straight onto TN-454 Turn left onto US-321 N/East Pkwy
Property details
- Acreage
- 6.08 acres
- MLS #
- KAARMLS 1304882
- Posted
Property taxes
- Recent
- $215
Parcels
- 111 007.00
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Private, Wooded
Structure
- Condition
- Under Construction
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Central, Electric
- Cooling
- Ceiling Fan(s), Central Air
- Materials
- Frame
Interior
- Room Count
- 3
- Rooms
- Bathroom x 6, Bedroom x 6
- Flooring
- Hardwood
- Appliances
- Dishwasher, Microwave, Refrigerator
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 3, 2026 | Back on market | $1,500,000 | — | KAARMLS |
| Oct 21, 2025 | Under contract | $1,500,000 | — | REALTRACS |
| Oct 1, 2025 | Price drop | $1,500,000 | $250,000 -14.3% | KAARMLS |
| Sept 18, 2025 | Price drop | $1,750,000 | $700,000 -28.6% | KAARMLS |
| Aug 29, 2025 | Price drop | $2,450,000 | $250,000 -9.3% | KAARMLS |
| Aug 13, 2025 | Price drop | $2,700,000 | $250,000 -8.5% | KAARMLS |
| June 16, 2025 | New listing | $2,950,000 | — | KAARMLS |
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Copyright (C) 2025 East Tennessee Realtors(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.