Positioned in the highly desirable Great Smoky Arts & Crafts Community, this 3,000 + sq foot property offers a rare combination of size, location, and STR zoning- making it an exceptional opportunity for serious investors and developers. This property is projected if on the rental market to gross between $70,000 and $80,000 yearly. located just minutes from downtown Gatlinburg, this property gives guests convenient access tom top attractions while maintaining the charm and experience visitors seek in the arts and crafts district. Even more valuable, the property is connected to public water and sewer, eliminating the common development hurdles allowing for maximum build out potential. Whether you are looking to create a high income producing short term rental, expand into a multi-unit concept or develop a standout cabin concept this property checks ever box.
For sale
Price cut: $14.1K (7/15)
$649,900
1189 Cole Ln, Gatlinburg, TN 37738
4beds
3,055sqft
:
Get pre-qualified$3,789/mo
Single Family Residence
Built in 2016
0.51 Acres Lot
$-- Zestimate®
$213/sqft
$-- HOA
What's special
- 125 days |
- 197 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Scott Ogle 865-765-5485,
Scott Ogle Realty Group 865-765-5485
Source: East Tennessee Realtors,MLS#: 1334652
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bonus Room
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range
Features
- Bonus Room
- Flooring: Laminate
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,055
- Total interior livable area: 3,055 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Main Level
- Attached garage spaces: 2
Lot
- Size: 0.51 Acres
- Features: Level
Details
- Parcel number: 117E A 03900 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Block
Condition
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Whaley Subd
Location
- Region: Gatlinburg
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $353,800
- Annual tax amount: $1,420
- Date on market: 3/30/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $649,900-2.1%$213/sqft |
Source:  East Tennessee Realtors #1334652 Report a problem | ||
| 6/22/2026 | Price change | $664,000-0.7%$217/sqft |
Source: East Tennessee Realtors #1334652 Report a problem | ||
| 4/29/2026 | Price change | $669,000-2.3%$219/sqft |
Source: East Tennessee Realtors #1334652 Report a problem | ||
| 3/30/2026 | Listed for sale | $685,000+153.8%$224/sqft |
Source: East Tennessee Realtors #1334652 Report a problem | ||
| 4/11/2018 | Sold | $269,900$88/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3292234 Report a problem | ||
| 2/27/2018 | Pending sale | $269,900$88/sqft |
Source: CENTURY 21 MVP #212834 Report a problem | ||
| 12/11/2017 | Price change | $269,900-6.9%$88/sqft |
Source: CENTURY 21 MVP #212834 Report a problem | ||
| 9/25/2017 | Listed for sale | $289,900+346%$95/sqft |
Source: Owner Report a problem | ||
| 8/17/2016 | Sold | $65,000-7%$21/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3296540 Report a problem | ||
| 8/10/2016 | Pending sale | $69,900$23/sqft |
Source: Smoky Mountain Real Estate Corporation #204802 Report a problem | ||
| 8/3/2016 | Listed for sale | $69,900-35%$23/sqft |
Source: Smoky Mountain Real Estate Corporation #204802 Report a problem | ||
| 7/16/2003 | Sold | $107,500-47.6%$35/sqft |
Source: Public Record Report a problem | ||
| 9/17/1998 | Sold | $205,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,420 +6.1% | $88,450 +6.1% |
| 2024 | $1,339 | $83,375 |
| 2023 | $1,339 | $83,375 |
| 2022 | $1,339 | $83,375 |
| 2021 | -- | $83,375 +48.3% |
| 2020 | $1,135 +8.6% | $56,225 |
| 2019 | $1,046 -7.9% | $56,225 |
| 2018 | $1,135 +73.9% | $56,225 +73.9% |
| 2017 | $653 +0.2% | $32,325 |
| 2016 | $652 | $32,325 -14.7% |
| 2015 | -- | $37,900 0% |
| 2014 | $678 | $37,903 |
| 2013 | $678 +1% | $37,903 +1% |
| 2012 | $672 +0% | $37,520 |
| 2011 | $671 | $37,520 -38% |
| 2010 | -- | $60,560 -3.8% |
| 2009 | $1,064 | $62,964 |
| 2008 | $1,064 | $62,964 |
| 2007 | $1,064 +13.4% | $62,964 |
| 2006 | $938 -19% | $62,964 |
| 2005 | $1,157 +22.1% | $62,964 +22.1% |
| 2004 | $948 +12.9% | $51,579 |
| 2002 | $840 | $51,579 |
| 2001 | -- | $51,579 -75% |
| 2000 | -- | $206,315 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37738
Nearby schools
GreatSchools rating
- 6/10Pittman Center ElementaryGrades: PK-6Distance: 3 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 8.1 mi
- 8/10Gatlinburg Pittman High SchoolGrades: 10-12Distance: 0.9 mi
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- $140,0000.41 AcresLOT 1 Cole Ln, Gatlinburg, TN 37738Sold
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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