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
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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.