Pigeon Forge, TN 37863,4314 Carolina Cove WAY
Pigeon Forge, TN 37863,4314 Carolina Cove WAY
Pigeon Forge, TN 37863,4314 Carolina Cove WAY
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$3,970,000
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3,051 SqFt
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4314 Carolina Cove WAY Pigeon Forge, TN 37863

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,051 sqft

Price per Sqft $1,301

Subdivision Serenity Cove Unit 2

MLS Listing ID 1311792

Year Built 2008

Lot Size 2.240 Acres

Acres 2.24

Lot Dimensions 2.24 acres

Source East Tennessee REALTORS® MLS

Property Description

$440,000+ combined gross income from July 2024 to June 2025 from this exceptional short-term rental package featuring three high-performing cabins. This rare trifecta includes small, medium, and large cabins—offering a variety of guest experiences and income streams for the discerning 1031 exchange investor.

The small and medium cabins are located in the sought-after Chalet Village area of Gatlinburg, where bookings remain strong even through the winter months. The large cabin, located at 4314 Carolina Cove in Pigeon Forge, offers an amenity rarely found in the Smokies—its own outdoor swimming pool—making it a highly desirable choice for larger groups and extended bookings.

1256 Bear Cub Way, Gatlinburg - 3 beds, 3 abths - Stunning mountain views, including the slopes at Ober Gatlinburg.

2226 St Moritz Ct, Gatlinburg - 2 bed, 2 bath- Beautiful mountain views and a direct overlook of Ober Gatlinburg.

4314 Carolina Cove, Sevierville - 5 bed, 5 baths - Resort-style retreat with private outdoor pool, ideal for larger parties.

This turnkey investment includes established bookings, professional property management in place (with the option to retain or self-manage), and the potential for bonus depreciation if closed in 2025. Seller is willing to assist with a smooth transition, including PM referrals, cost segregation referrals, and transfer of VRBO ratings and reviews:

Large cabin: 10.0 rating (https://www.vrbo.com/3973745)

Medium cabin: 10.0 rating (https://www.vrbo.com/4005922)

Small cabin: 9.4 rating
(https://www.vrbo.com/3973746)

A rare opportunity to own three of the Smokies' top-producing STR properties with proven performance and exceptional guest appeal. Current property manage is willing to continue managing if wanted.

Location

State TN

County Sevier County - 27

Area 97574.0

Rooms

Other Rooms 2nd Rec Room

Interior

Interior Features Cathedral Ceiling(s)

Heating Heat Pump, Central, Natural Gas

Cooling Central Cooling, Ceiling Fan(s)

Flooring Laminate, Hardwood, Carpet, Vinyl, Tile

Furnishings true

Window Features Windows - Storm,Windows - Insulated

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Other

Heat Source Heat Pump, Central, Natural Gas

Exterior

Exterior Feature Balcony

Parking Features Off-Street Parking, On Premise Parking

Garage Description Off-Street Parking, On Premise Parking

Roof Type Metal, Shingle

Porch true

Garage No

Building

Faces Turn right at Light 10 on Parkway, Conner Heights Rd becomes Mill Creek Rd. Left at horse ranch to stay on Mill Creek Rd. Left on Carolina Cove Way. 2nd driveway on Right.

Structure Type Log,Block,Frame,Other

Others

Tax ID 115F A 002.00

Energy Description Gas(Natural)

Acceptable Financing Other, New Loan, Cash, Conventional

Listing Terms Other, New Loan, Cash, Conventional


Listed by Epique Realty

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agent

Brianne Miller

Agent | License ID: 353627

+1(865) 384-0310

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4314 Carolina Cove WAY