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$679,000
New Listing

720 Octagon Drive
Gatlinburg, TN 37738

For Sale|Cabin|Active
3
Beds
3
Total Baths
3
Full Baths
1,684
SqFt
$403
/SqFt
1997
Built
Subdivision:
Condo Villas Iii
County:
Sevier County - 27

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720 Octagon Drive720 Octagon Drive720 Octagon Drive720 Octagon Drive
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Tucked in the heart of Gatlinburg with a beautiful mountain view, this fully updated 3 bedroom cabin is a proven income-producing short-term rental and a turnkey investment. The property grossed approximately $70,000 while operating only ¾ of the year in 2025 and before recent improvements. Since completion of updates, bookings have surged, positioning this cabin to realistically achieve $100,000-$115,000+ in annual rental income. Recent upgrades include freshly painted exterior siding, an updated kitchen, and interior enhancements that elevate both guest experience and nightly rates. The layout is ideal for vacationers, offering comfortable sleeping arrangements, inviting living spaces, and a setting that captures the Smokies while remaining close to all the attractions Gatlinburg is known for. Whether you're looking for a high-performing short-term rental or a mountain getaway that pays for itself, this cabin checks every box. Strong historical performance, upgraded condition, and a desirable view make this a standout opportunity in one of the Smokies' most in-demand markets.

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Listing Snapshot
Price 
$679,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,684 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.01 Acres
Year Built 
1997
MLS® Number 
1328110
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$231.67 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing first seen on site
9 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.01
Number Of Stories 
2
Parking 
Assigned
Property Sub Type 
Cabin
Sewer 
Septic Tank
SqFt Total 
1684
Style 
Cabin
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerMicrowaveRangeRefrigeratorWasher
Basement 
FinishedWalk-Out Access
Cooling 
Central AirCeiling Fan(s)
Fireplace 
Yes
Fireplace Features 
Gas Log
Fireplaces 
1
Heating 
CentralPropaneElectric
Interior 
Cathedral Ceiling(s)
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Exterior Features
Construction Details 
Wood SidingBlockFrame
Lot Features 
Irregular Lot
Patio And Porch 
Deck
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Association Dues 
695
HOA Fee Frequency 
Quarterly
MLS Area 
Sevier County - 27
Listing courtesy of Brandon Thompson of eXp Realty, LLC

Copyright © 2026 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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