4314 Carolina Cove Way, Pigeon Forge, TN 37863
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
4314 Carolina Cove Way,Pigeon Forge, TN 37863
$3,970,000
- - Beds
- - Baths
- 3,051 sq. ft.
- Multi-family
- Active
Listed by:brianne miller
Office:epique realty
MLS#:1311792
Source:TN_KAAR
Price summary
- Price:$3,970,000
- Price per sq. ft.:$1,301.21
About this home
$440,000+ combined gross income from July 2024 to June 2025 from this exceptional short-term rental package featuring three high-performing cabins. This rare trifecta includes small, medium, and large cabins—offering a variety of guest experiences and income streams for the discerning 1031 exchange investor.
The small and medium cabins are located in the sought-after Chalet Village area of Gatlinburg, where bookings remain strong even through the winter months. The large cabin, located at 4314 Carolina Cove in Pigeon Forge, offers an amenity rarely found in the Smokies—its own outdoor swimming pool—making it a highly desirable choice for larger groups and extended bookings.
1256 Bear Cub Way, Gatlinburg - 3 beds, 3 abths - Stunning mountain views, including the slopes at Ober Gatlinburg.
2226 St Moritz Ct, Gatlinburg - 2 bed, 2 bath- Beautiful mountain views and a direct overlook of Ober Gatlinburg.
4314 Carolina Cove, Sevierville - 5 bed, 5 baths - Resort-style retreat with private outdoor pool, ideal for larger parties.
This turnkey investment includes established bookings, professional property management in place (with the option to retain or self-manage), and the potential for bonus depreciation if closed in 2025. Seller is willing to assist with a smooth transition, including PM referrals, cost segregation referrals, and transfer of VRBO ratings and reviews:
Large cabin: 10.0 rating (https://www.vrbo.com/3973745)
Medium cabin: 10.0 rating (https://www.vrbo.com/4005922)
Small cabin: 9.4 rating
(https://www.vrbo.com/3973746)
A rare opportunity to own three of the Smokies' top-producing STR properties with proven performance and exceptional guest appeal. Current property manage is willing to continue managing if wanted.
Contact an agent
Home facts
- Year built:2008
- Listing Id #:1311792
- Added:2 day(s) ago
- Updated:August 12, 2025 at 04:09 PM
Rooms and interior
- Living area:3,051 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Heat Pump
Structure and exterior
- Year built:2008
- Building area:3,051 sq. ft.
- Lot area:2.24 Acres
Finances and disclosures
- Price:$3,970,000
- Price per sq. ft.:$1,301.21
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