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Active 212 days on market

1189 Cole Lane

Gatlinburg, TN 37738 · Whaley Subd · Sevier County

$599,900

$50,000 price cut · Aug 27

Beds
4
Baths
2
Sq ft
3,055
Acres
0.51
Built
2016

Listing courtesy of Scott Ogle Realty Group · MLS #1334652

Description

Positioned in the highly desirable Great Smoky Arts & Crafts Community, this 3,000 + sq foot property offers a rare combination of size, location, and STR zoning- making it an exceptional opportunity for serious investors and developers. This property is projected if on the rental market to gross between $70,000 and $80,000 yearly. located just minutes from downtown Gatlinburg, this property gives guests convenient access tom top attractions while maintaining the charm and experience visitors seek in the arts and crafts district. Even more valuable, the property is connected to public water and sewer, eliminating the common development hurdles allowing for maximum build out potential. Whether you are looking to create a high income producing short term rental, expand into a multi-unit concept or develop a standout cabin concept this property checks ever box.

Details

Home

Type
Residential · Single Family Residence
Style
Other
Year built
2016
Living area
3,055 sq ft
Bedrooms
4
Bathrooms
2 full
Basement
Crawl Space
Garage
2-car
Parking
Attached, Main Level

Interior

Rooms
Bedroom Main Level
Flooring
Laminate
Appliances
Dishwasher, Microwave, Range
Also
Washer/Dryer Connect

Exterior

Construction
Block, Vinyl Siding
Architecture
Traditional
Fencing
Wood, Fenced Yard

Land

Lot size
0.51 acres
Deed restrictions
None
Permitted use
Overnight or permanent

Utilities

Water
Public
Sewer
Public sewer
Heating
Central, Electric

Listing

MLS #
1334652
Status
Active
On market
212 days
Listed
Mar 30, 2026
Finances
Property tax
City + county
Inside city limits
HOA
None
No association dues
Price per sq ft
$196
3,055 sq ft

Price history

Aug 27, 2026
Price cut
$599,900 −$50,000
Before
Listed
$649,900

Accepted

  • Cash
  • Conventional
  • 1031 Exchange

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Location
Neighborhood
Whaley Subd
County
Sevier
ZIP
37738

Drive times

  • Pigeon Forge 25 min
  • Sevierville 45 min
  • Douglas Lake 60 min
Approximate, by road

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Listing courtesy of Scott Ogle Realty Group. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1334652.