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720 Octagon Drive, Gatlinburg, TN 37738

Sold: 670000
Sold on: Mar 10th, 2026
$ Per Square Foot: $398
Sold: 670000
Sold on: Mar 10th, 2026
$ Per Square Foot: $398
BEDS3 BATHS3 full SQUARE FEET1,684 MLS#1328110
STATUSClosed PROPERTY TYPEResidential - Single Family SUBDIVISIONCondo Villas Iii


Property Description

Tucked in the heart of Gatlinburg with a beautiful mountain view, this fully updated 3 bedroom cabin is a proven income-producing short-term rental and a turnkey investment. The property grossed approximately $70,000 while operating only ¾ of the year in 2025 and before recent improvements. Since completion of updates, bookings have surged, positioning this cabin to realistically achieve $100,000-$115,000+ in annual rental income.Recent upgrades include freshly painted exterior siding, an updated kitchen, and interior enhancements that elevate both guest experience and nightly rates. The layout is ideal for vacationers, offering comfortable sleeping arrangements, inviting living spaces, and a setting that captures the Smokies while remaining close to all the attractions Gatlinburg is known for.Whether you're looking for a high-performing short-term rental or a mountain getaway that pays for itself, this cabin checks every box. Strong historical performance, upgraded condition, and a desirable view make this a standout opportunity in one of the Smokies' most in-demand markets.

Property Features

Basement: Yes
Cooling: Central Cooling, Ceiling Fan(s)
Days on Market: 38
Fireplaces: 1
Fuel Type: Electric, Propane
Heating: Central, Propane, Electric
Lot Size: 0.01 Acres
Year Built: 1997

Amenities

Cathedral Ceiling(s)

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Association/Condo Fee: 695/Quarterly
Exterior: Wood Siding, Block, Frame
Fireplace: Gas Log
HOA Y/N: Yes
Lot: Irregular Lot
Parcel #: 117G A 001.00
Parking: Designated Parking
Sewer: Septic Tank
Special View Info: Mountain View
SQFT Total: 1684
View: Mountain View
Water: Public

Listed By / Sold By

Listed By

Agency Name: eXp Realty, LLC

Shown By

Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660

Sold By

Agency Name: eXp Realty, LLC
Agency Phone: 888-519-5113
Agent Name: Jeana Rose Maddux

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