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Residential Land with Home for Sale in Gatlinburg, Tennessee

519 Picadilly Ln, Gatlinburg, TN 37738

$555,000
2.5 acres
Active
$43k drop
Est $2,823/mo

This True Appalachian Log Cabin sits on approximately 3+ acres and is located in the desirable vacation spot of Gatlinburg, Tennessee inside Cobbly Nob Resort. This cabin has been used as a vacation home and rented only on one platform and has a great projected rental income according. It sleeps 8 comfortable in its currently configuration with 4 Queen beds, on 3 Levels and 3 Full Bathrooms. *For tax purposes, the 3 lots are combined BUT they are actually still 3 separate lots. The cabin sits on 2 but there MAY be possibility to build on the other lot. Location! Location! Location! Cobbly Nob Resort is a vacation spot that vacationers return to year after year, as it is just ''tried and true'' because of its perfect distance to all the areas attractions yet it's far enough out for travelers to have peace and quiet in the Great Smokies. Arriving at Cobbly Nob, once you pass the 24 hour security building, you'll wind through Bent Creek Golf Course as you enter the development. The drive is beautiful and welcoming. Cobbly Nob Amenities include: 24 hour security, 3 community pools, a pickle ball court and the HOA plows the streets when it snows. ------------------------------------------------------ The cabin itself is warm and inviting and many past guests mention that it is much larger than it appears from the outside. The cabin is approximately 2,080 SF with 832 on the main, 832 on the lower and 416 on the upper. Improvements that have been done to the cabin during the past 4 years include but not limited to: new roof, new wood flooring, totally renovated kitchen and bathrooms, new hot tub, new retaining wall at street, new lighting, new appliances, new wood interior doors, LVP flooring in lower, exterior re-stained, new risers on septic etc. There has definitely been love poured into this cabin. This cabin is not your cookie cutter or modern cabin- it screams ''Appalachian'', with a true Great Smoky Mountain vibe. -------------------

2,080
Sq feet
2
Beds
3
Full baths
1987
Built

Location

Street address
519 Picadilly Ln
Community
Cobbly Nob Foxwoods
Elevation
1,772 feet
Coordinates
35.7707, -83.3375

Directions

From 321, headed towards Cosby, take a Left into Cobbly Nob on Butler Branch Rd. Wind through the golf course, then take a Left onto Picadilly Lane, Cabin is first on left- if you make it to the stop sign, you've gone too far.

Property details

Acreage
2.5 acres
Zoning
A-1
MLS #
GSMAR 305585
Posted

Property taxes

2024
$1,249

Parcels

  • 099O C 040.00

Details and features

Listing

Type
Residential

Lot

Features
Irregular Lot

Structure

Stories
3
Basement
Finished, Walk-Out Access
Water
Public
Sewer
Septic Tank
Heating
Central
Cooling
Central Air
Materials
Log
Windows
Wood Frames

Interior

Rooms
Basement, Bathroom x 3, Bedroom x 2, Dining Room, Laundry Room
Flooring
Carpet, Vinyl, Wood
Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Microwave Range Hood Combo, Washer
Features
Ceiling Fan(s), Eat-In Kitchen, Formal Dining, Granite Counters, High Speed Internet, Soaking Tub, Walk-In Shower(s)

Listing history

DateEventPriceChangeSource
Oct 20, 2025Price drop$555,000$43,000 -7.2%GSMAR
May 30, 2025Price drop$598,000$52,000 -8%GSMAR
Mar 26, 2025New listing$650,000GSMAR
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This 2.5-acre property is located at 519 Picadilly Ln in Gatlinburg, TN 37738. The property is available for sale for $555,000. It has a 2,080 sq ft 2 bedroom, 3 bath house built in 1987.

Checked 59 mins ago — Updated

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