4314 Carolina Cove Way, Pigeon Forge, TN

$3,870,000

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3,051

Square feet

2.24

Acres

About 4314 Carolina Cove Way

Seller offering a $75,000 buydown credit! 3 properties included! $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.

Features of 4314 Carolina Cove Way

MLS® # 1311792
Price $3,870,000
Square Footage 3,051
Acres 2.24
Year Built 2008
Status Active

Community Information

Address 4314 Carolina Cove Way
Area Sevier County - 27
Subdivision Serenity Cove Unit 2
City Pigeon Forge
County Sevier County - 27
State TN
Zip Code 37863

Amenities

Features Cathedral Ceiling(s), Hot Tub, Indoor Pool, Walk-in Shower, WasherDryer Connect, Wired for Internet
Parking Off-Street Parking, On Premise Parking
Has Pool No

Interior

Interior Features Cathedral Ceiling(s)
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Other
Heating Heat Pump, Central, Natural Gas
Cooling Central Cooling, Ceiling Fan(s)
Fireplace No
Has Basement No

Exterior

Exterior Log, Block, Frame, Other
Exterior Features Balcony
Construction Log, Block, Frame, Other

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeEpique Realty

Listing Map

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