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Sold for $630,000
  • $630,000

    114 Laurel Way, Gatlinburg, TN 37738

    2beds
    1,466sqft
    Single Family Residence
    Built in 2024
    0.34 Acres Lot
    $623,700 Zestimate®
    $430/sqft
    $3,048 Estimated rent

    Home value

    $623,700

    $580,000 - $667,000

    $3,048/mo

    Zestimate® history
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    What's special

    Location, Location, Location, Charming Modern Cabin in between Pigeon Forge and Gatlinburg!! This Brand-New turnkey exquisite contemporary Cabin offers a lucrative investment opportunity near the most visited National Park (Smoky Mountains) with an estimated 13 million visitors annually. The open floor concept design ensures a seamless flow between living room with a wall of windows to enjoy the natural light and the modern fully equipped stylish kitchen. Two spacious bedrooms and two full baths with spa like amenities for ultimate relaxation. Well-appointed Bedrooms w/ comfortable bedding and ample storage space. Cabin can comfortably sleep 6-8 and has plenty of room for the kids to have fun playing games! Enjoy the View from your large warp around deck or patio with a private hot tub or gather around outdoor fire pit for memorable evening under the Stars! Please be careful while viewing a lot of Bear activity!! With its prime location and visitor traffic, make it ready to be a powerhouse as an overnight rental and generate substantial income. It's very hard to find a new turnkey cabin with first year rental projections between 65K-72K.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gary Gibson,

    Prime Mountain Properties

    Bought with:

    Non Member Non Member

    Non-Member Office

    Source: East Tennessee Realtors,MLS#: 1263894MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Cathedral Ceiling(s), Eat-in Kitchen
    • Flooring: Laminate, Tile
    • Windows: Windows - Vinyl, ENERGY STAR Qualified Windows
    • Basement: Slab
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,466
    • Total interior livable area: 1,466 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Prof Landscaped, Balcony
    • Has view: Yes
    • View description: Country Setting
    Lot
    • Size: 0.34 Acres
    • Features: Private
    Details
    • Parcel number: 116C C 023.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman,Cabin,Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Frame, Other
    Condition
    • Year built: 2024

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Hemlock Hills
    Location
    • Region: Gatlinburg

    Financial & listing details

    • Price per square foot: $430/sqft
    • Tax assessed value: $359,300
    • Annual tax amount: $2,127
    • Date on market: 5/23/2024
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/26/2024Sold$630,000-4.5%$430/sqft
    Source: East Tennessee Realtors #1263894 Report a problem
    7/30/2024Pending sale$659,900$450/sqft
    Source: East Tennessee Realtors #1263894 Report a problem
    7/13/2024Price change$659,900-5.6%$450/sqft
    Source: East Tennessee Realtors #1263894 Report a problem
    6/25/2024Price change$699,000-5.5%$477/sqft
    Source: East Tennessee Realtors #1263894 Report a problem
    6/13/2024Price change$739,900-7.5%$505/sqft
    Source: East Tennessee Realtors #1263894 Report a problem
    5/23/2024Listed for sale$799,900+53226.7%$546/sqft
    Source: GSMAR, GSMMLS #301164 Report a problem
    2/13/2023Sold$1,500-97.4%$1/sqft
    Source: Public Record Report a problem
    4/7/2011Sold$58,275-2.7%$40/sqft
    Source: Public Record Report a problem
    3/8/2011Price change$59,900+299.3%$41/sqft
    Source: RE/MAX Preferred Properties #743508 Report a problem
    3/1/2011Price change$15,000-76.9%$10/sqft
    Source: Auction.com #7428707392 Report a problem
    2/26/2011Price change$64,900+332.7%$44/sqft
    Source: RE/MAX Preferred Properties #7428707392 Report a problem
    2/7/2011Price change$15,000-76.9%$10/sqft
    Source: Auction.com #7428707392 Report a problem
    1/31/2011Price change$64,900-13.4%$44/sqft
    Source: RE/MAX Preferred Properties #7428707392 Report a problem
    11/29/2010Listed for sale$74,900-6.3%$51/sqft
    Source: RE/MAX Preferred Properties #739146 Report a problem
    10/3/2010Listing removed$79,900$55/sqft
    Source: RE/MAX Preferred Properties #728734 Report a problem
    9/11/2010Price change$79,900-11.1%$55/sqft
    Source: RE/MAX Preferred Properties #728734 Report a problem
    8/27/2010Listed for sale$89,900-0.1%$61/sqft
    Source: RE/MAX Preferred Properties #728734 Report a problem
    7/15/2010Sold$90,000-35.7%$61/sqft
    Source: Public Record Report a problem
    5/1/2008Listing removed$139,900$95/sqft
    Source: Postlets #133644 Report a problem
    4/25/2008Price change$139,900+7.7%$95/sqft
    Source: Postlets #133644 Report a problem
    2/14/2008Price change$129,900-7.1%$89/sqft
    Source: Homes & Land #133644 Report a problem
    2/2/2008Listed for sale$139,900+33.2%$95/sqft
    Source: Homes & Land #133644 Report a problem
    7/13/2006Sold$105,000+2.4%$72/sqft
    Source: Public Record Report a problem
    7/3/2003Sold$102,500+25%$70/sqft
    Source: Public Record Report a problem
    7/3/2002Sold$82,000$56/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,127 +119.9%$143,720 +119.9%
    2024$967 +771.5%$65,360 +771.5%
    2023$111 $7,500
    2022$111 $7,500
    2021-- $7,500
    2020$140 $7,500
    2019$140 $7,500
    2018$140 -0.4%$7,500
    2017$140 -73.8%$7,500 -73.9%
    2016$534 $28,700 -3.3%
    2015-- $29,675 +0%
    2014$484 $29,663
    2013$484 $29,663
    2012$484 $29,663
    2011$484 $29,663
    2010-- $29,663 +6.3%
    2009$430 $27,903
    2008$430 $27,903
    2007$430 +14.9%$27,903
    2006$374 -19.3%$27,903
    2005$463 +13%$27,903 +13%
    2004$410 +14.5%$24,690
    2002$358 $24,690
    2001-- $24,690 -75%
    2000-- $98,760
    Find assessor info on the county website

    Neighborhood: 37738

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $623,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $623,700