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$3,970,000
1 Day On Site

4314 Carolina Cove Way
Pigeon Forge, TN 37863

For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,051
SqFt
$1,301
/SqFt
2008
Built
Subdivision:
Serenity Cove Unit 2
County:
Sevier County - 27

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4314 Carolina Cove Way4314 Carolina Cove Way4314 Carolina Cove Way4314 Carolina Cove Way
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$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.

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Listing Snapshot
Price 
$3,970,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
3,051 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.24 Acres
Year Built 
2008
MLS® Number 
1311792
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
2.24
Parking 
Off StreetOn Site
Property Sub Type 
Multi Family
SqFt Total 
3051
Interior Features
Appliances 
DishwasherDryerMicrowaveRangeRefrigeratorSelf Cleaning OvenWasherOther
Cooling 
Central AirCeiling Fan(s)
Flooring 
LaminateHardwoodCarpetVinylTile
Heating 
Heat PumpCentralNatural Gas
Interior 
Cathedral Ceiling(s)
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Exterior Features
Construction Details 
LogBlockFrameOther
Exterior 
Balcony
Patio And Porch 
PatioPorchCoveredDeck
Pool Features 
In Ground
Roof 
ShingleMetal
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Sevier County - 27
Listing courtesy of Brianne Miller of Epique Realty

Copyright © 2025 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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