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720 Octagon Drive, Gatlinburg, TN 37738

$679,000
  • 720 Octagon Drive, Gatlinburg, TN 37738 Main Photo

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Pending - Continue to Show - Inspection
BEDS3 BATHS3 full SQUARE FEET1,684 MLS#1328110
STATUSPending - Continue to Show - Inspection PROPERTY TYPEResidential - Single Family SUBDIVISIONCondo Villas Iii NEIGHBORHOODSevier County - 27

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 3/4 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.

720 Octagon Drive | MLS# 1328110

This single family home located at 720 Octagon Drive, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $679,000. This property was built in 1997 and has 3 bedrooms and 3 full baths with 1684 sq. ft. Octagon Drive is located in the Condo Villas Iii subdivision. Search Condo Villas Iii real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric, Propane
Heating: Central, Propane, Electric
Home Style: Cabin
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
Days on Site: 32
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 / Shown By

Listed By

Agency Name: eXp Realty, LLC

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: East Tennessee REALTORS

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Estimated Payment

$ 1,709.20 per month $1,511.16 Principal & Interest $0.00 Property Tax (data not provided by mls) $198.04 Homeowner's Insurance

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