Price Reduction - Views
Address
218 Pinnacle Drive, Gatlinburg, TN
Price
$ 1,375,000
Property Attributes
  • MLS#3302057
  • TypeSingle Family
  • Listing Status Active
  • CountySEVIER
  • CityGatlinburg
  • NeighborhoodPinnacle
  • Zip37738
  • Style
  • Year Built2020
  • Taxes$ 6612
  • Price$ 1,375,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size0.2 Acres
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

Welcome to your opportunity to own a proven Smoky Mountain short term rental investment property with breathtaking panoramic views of the Great Smoky Mountains National Park. Built in 2020, this stunning 3 bedroom cabin is the perfect combination of luxury mountain living, high performing Airbnb income potential, and turnkey ownership in one of the most sought after vacation rental markets in the country. This guest favorite cabin has earned consistent five star reviews and delivered an impressive $160,000 in gross rental revenue in 2025 while being brand new on the rental platform with its current cohost. The current cohost has built an exceptional operation around this property and would love to continue cohosting for the next owner, creating a seamless transition for investors looking for a high performing short term rental already operating at a professional level. Future bookings are already in place and the buyer will need to honor a minimum 90 day transition period for existing reservations. Current gross rental income August 2025-Aug 2026: $174,386 When investors talk about finding the right Smoky Mountain cabin investment, this is exactly what they are searching for. Incredible mountain views, proven income history, turnkey furnished, future bookings already secured, excellent guest experience, and a location guests truly love. Properties with views like this overlooking the Smoky Mountains are incredibly difficult to find, especially this close to downtown Gatlinburg and all of the area's top attractions, restaurants, hiking, and entertainment. For investors looking ahead to 2026, this property may also offer powerful tax advantages through 100% bonus depreciation opportunities when paired with a cost segregation study. Buyers should consult with their CPA or tax professional regarding potential tax strategies and benefits associated with short term rental real estate investing.

Price History
7/22/2026 Listed $1,400,000
9/19/2026 2$1,375,000

General Features

Living Area 3000
Sewer Public Sewer
Heating Central,Electric,Other
Cooling Central Air
Utilities Electricity Available,Water Available
Possession Close Of Escrow
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Oven,Washer
Patio/Porch Features Deck
Architectural Style Other
Security Features Smoke Detector(s)
Construction Materials Frame,Other
Year Built 2020
View Mountain(s)
Topography Other
Levels Three Or More
Property Subtype Single Family Residence
County Sevier County,TN
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Pinnacle
Full Baths 3
Status Active
Directions From the East Parkway in Gatlinburg,turn onto Oglewood Ln,Turn right onto Pinnacle Dr,Take the second Left onto Pinnacle Dr,Cabin will be on the Left hand side.
City Gatlinburg
Senior Community Y/N No
Lot Size Units Acres
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 6612
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Basement Finished
Flooring Wood
Total Fireplaces 4
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 2000
Laundry Features Washer Hookup,Electric Dryer Hookup
Total Bedrooms 3
Below Grade Finished Area 1000
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Owner
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
Total Baths 3

Exterior Features

Lot Features Other
Water Source Public
Lot Size Area 0.2
Building Area Total 3000
Lot Dimensions 73.70 X 134.78 IRR
Lot Size Acres 0.2
Lot Size Source Assessor
Waterfront Y/N No

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
AVG $890K
$1.38M
Taxes
AVG $3,054
$6,612
Year Built
AVG 2003
2020
Visits
AVG 1
19
Data Provided by Inside Real Estate®

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