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Active 155 days on market

3046 Walters Way

Sevierville, TN 37862 · Hidden Lake Est · Sevier County

$530,000

$24,000 price cut · Sep 30

Beds
2
Baths
2.5
Sq ft
1,672
Acres
0.42
Built
1998

Listing courtesy of Falaya, LLC · MLS #1342320

Description

EXCELLENT INVESTMENT OPPORTUNITY. Estimated INCOME if leased full time of $62K +. Already reduced for quick Sale. Perfect Location for You and Guests !!! Sitting in the beautiful Great Smoky Mountains, minutes from Pigeon Forge and Gatlinburg entertainment and restaurants. 'Happy Cub' cabin offers everything needed for Short-Term rentals - - fully furnished & fully equipped. The main floor with new paint and new rugs in the Living area and Kitchen can seat up to 6+ guests. A propane Fireplace offers ambiance and the fully-furnished 30-foot rear deck overlooks the forest. The newly furnished King-Master Suite includes a grand bathroom with jacuzzi plus shower/tub combo. Enjoy coffee or read a book on the private master back deck. In 2025 added a large 2nd bedroom in the lower level with a Queen suite coupled with two roll-out Futons. Overall the cabin sleeps 6-8. The outdoor Hot Tub is fully covered with large wood gazebo, a bench and a bistro table set. Guests can enjoy a long walk through the area and has a Privately-stocked Pond for all homeowners/guests to fish. Well-maintained cabin comes turnkey (Kitchen appliances, dishes and silverware, cookware, bowls, pots and pans, towels, linens and blankets, supplies for future guests, ironing board, washer & dryer, etc.) Owners currently lease part-time as short-term rental for instant income with an established Airbnb & VRBO guest list. The other 6 months of year Owners visit/stay in their Cabin. All rooms have TV's which remain. Cabin is truly move-in ready and has a Solid Short Term Lease clientele list into 2027.

Details

Home

Type
Residential · Single Family Residence
Style
3 Story
Year built
1998
Living area
1,672 sq ft
Bedrooms
2
Bathrooms
2 full, 1 half
Basement
Finished, Walk-Out Access

Interior

Rooms
Basement Rec Room
Flooring
Tile, Hardwood
Fireplaces
1
Appliances
Dishwasher, Microwave, Washer, Dryer
Features
Cathedral Ceiling(s)
Also
Washer/Dryer Connect, Hot Tub, Cathedral Ceiling(s)

Exterior

Construction
Block, Frame, Log, Wood Siding
Architecture
Cabin
Porch & patio
Porch - Covered

Land

Lot size
0.42 acres
Lot
Wooded, Irregular Lot, Private, Lake/Water Access
Views
Wooded
Deed restrictions
Yes

Utilities

Water
Public
Sewer
Septic
Heating
Central, Heat Pump, Electric

Listing

MLS #
1342320
Status
Active
On market
155 days
Listed
May 26, 2026
Finances
Property tax
County only
Outside city limits
HOA
$42/mo
Mandatory dues
Price per sq ft
$317
1,672 sq ft

Price history

Sep 30, 2026
Price cut
$530,000 −$24,000
Before
Listed
$554,000

Accepted

  • Cash
  • VA Loan
  • Conventional
  • FHA

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Location
Neighborhood
Hidden Lake Est
County
Sevier
ZIP
37862

Drive times

  • Pigeon Forge 20 min
  • Sevierville 30 min
  • Douglas Lake 60 min
  • Maryville 60 min
  • McGhee Tyson Airport 60 min
Approximate, by road

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Listing courtesy of Falaya, LLC. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1342320.