Address
1103 Villa Lane, Gatlinburg, TN
Price
$ 389,900
Property Attributes
- MLS#310296
- TypeSingle Family
- Listing Status Active
- CountySevier
- CityGatlinburg
- AreaGatlinburg
- NeighborhoodCondo Villas
- Zip37738
- Style
- Year Built1986
- Taxes$ 1007
- Price$ 389,900
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage864
Data Source:
Great Smoky Mountains MLS (GSMMLS)
Property Description
BRAND-NEW METAL ROOF • NEW EXTERIOR PAINT • REDUCED PRICE • POSITIVE CASH FLOW Proven Gatlinburg STR just 3 miles from downtown with an established rental history and room to take it to the next level. This 2BR/1.5BA cabin generated $49,500 in gross rental revenue in 2025 and ranks in the Top 1% on Airbnb for guest ratings, reviews and reliability. Offered at $389,900, the property shows an estimated $1,145/month positive cash flow based on 2025 gross rental revenue and current estimated monthly expenses.* With a few strategic interior and outdoor updates, imagine the potential to elevate the guest experience, strengthen the property's marketability and build on an already successful rental history. The seller has already handled two major improvements with a brand-new metal roof and newly painted exterior--and is now offering $5,000 toward buyer closing costs upon an acceptable contract that closes. Proven income. Positive cash flow. Big-ticket improvements completed. Opportunity for additional upside. Minutes from downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Dollywood and area attractions. *Cash-flow projection is an estimate based on $49,500 in 2025 gross rental revenue and provided expenses. Actual expenses, financing terms, management costs and rental performance may vary.
| Price History | |
|---|---|
| 3/15/2026 | Listed $429,900 |
| 3/16/2026 | 1$425,000 |
| 9/2/2026 | 1$420,000 |
| 9/5/2026 | 7$389,900 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Electric,Heat Pump |
| Cooling | Central Air,Electric,Heat Pump |
| Utilities | Cable Available,Electricity Connected,Internet Connected,Phone Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Electric Range,Microwave,Range Hood,Refrigerator,Washer |
| Zoning | R1 |
| HOA Fee | 235 |
| Association Fee Includes | Maintenance Grounds |
| Patio/Porch Features | Covered,Deck |
| Architectural Style | Cottage |
| Construction Materials | Frame,Wood Siding |
| Year Built | 1986 |
| View | Seasonal,Trees/Woods |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Pool |
| Assoc Fee Paid Per | Monthly |
| County | Sevier |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Pool |
| HOA | true |
| Attached Garage | false |
| Subdivision Name | Condo Villas |
| Garage Y/N | false |
| Full Baths | 1 |
| Status | Active |
| Directions | From the Spur coming into Gatlingburg take Dudley Creek Rd to a Left onto Cartertown Rd, Left onto E Foothills Dr, Left onto Villa Drive. Follow up and Rd will curve to the right onto Villa Ln. Follow to the house all the way at the end. |
| City | Gatlinburg |
| Disclosures | Seller Disclosure |
| Association Name | Condo Villas of Gatlinburg/Kelly Whited |
| MLS Area | Gatlinburg |
| Tax Annual Amount | 1007.58 |
| Home Warranty Y/N | false |
| MLS Area Minor | Gatlinburg |
| Standard Status | Active |
| Tax Lot | 504 |
| Occupancy | Either |
Interior Features
| Interior Amenities | Ceiling Fan(s),Granite Counters,Kitchen/Dining Combo,Living/Dining Combo |
|---|---|
| Basement | Crawl Space |
| Flooring | Laminate,Luxury Vinyl |
| Furnished Y/N | Furnished |
| Total Fireplaces | 1 |
| Fireplace Features | Gas Log |
| Total Stories | 1 |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Above Grade Finished Area | 864 |
| Half Baths | 1 |
| Laundry Features | Electric Dryer Hookup,Main Level,Washer Hookup |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 15 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Rain Gutters |
|---|---|
| Parking Features | Asphalt,Driveway,Off Street |
| Lot Features | Level,Sloped,Wooded |
| Water Source | See Remarks |
| Building Area Total | 864 |
| Road Surface Type | Paved |
| Road Frontage Type | County Road |
| Road Responsibility | Public Maintained Road |
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
Taxes
Year Built
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026 All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information was updated September 28, 2026 4:03 AM UTC Some properties may subsequently have sold
Great Smoky Mountains Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
