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For sale by owner
  • $3,799,000

    1311 Ina Grace Ln, Sevierville, TN 37862

    13beds
    6,918sqft
    : 
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    MultiFamily
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $549/sqft
    $-- HOA

    What's special

    New roofsRefreshed interiors throughout
    Grace Hills is a purpose-built, six-cabin short-term rental property situated on 5.6 acres located minutes from Dollywood and the Great Smoky Mountains National Park — one of the most visited tourist destinations in the United States. The portfolio consists of one 4-bedroom cabin, one 3-bedroom cabin, three 2-bedroom cabins, and one 1-bedroom cabin on a single contiguous parcel. Beyond individual STR income, the property’s shared grounds are ideally suited for event venue rentals — weddings, family reunions, corporate retreats, and group getaways. Total estimated STR and Event Revenue: $436,800. The event model assumes two bookings per weekend (Friday and Saturday) at 60% of available weekends, generating $3,000–$6,000 per booking depending on season. This alone adds an estimated $136,800 in annual revenue on top of STR income ($300,000). All six cabins are fully renovated and turn-key at closing, with new roofs, appliances, kitchens, baths, lighting, furniture, MEP upgrades, landscaping, and refreshed interiors throughout.
    6 days
    |
    243
    |
    15
    |
    Listed by:

    Property Owner (865) 712-5344

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 14
      • Full bathrooms: 10
      • 1/2 bathrooms: 4
      Heating
      • Other
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Laminate
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 6,918 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      Features
      • Exterior features: Stone, Vinyl, Wood, Wood products
      • Has spa: Yes
      • Has view: Yes
      • View description: Mountain
      Lot
      • Size: 6 Acres
      Details
      • Parcel number: 07304301000

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Foundation: Footing
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1990

      Community & HOA

      Location
      • Region: Sevierville

      Financial & listing details

      • Price per square foot: $549/sqft
      • Tax assessed value: $93,900
      • Annual tax amount: $347
      • Date on market: 6/19/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,754/mo

        Price history

        DateEventPrice
        6/19/2026Listed for sale$3,799,000+123.5%$549/sqft
        Source: Owner Report a problem
        2/6/2026Sold$1,700,000-43.3%$246/sqft
        Source: GSMAR, GSMMLS #307710 Report a problem
        12/23/2025Pending sale$2,999,999$434/sqft
        Source: GSMAR, GSMMLS #307710 Report a problem
        8/5/2025Listed for sale$2,999,999-33.3%$434/sqft
        Source: GSMAR, GSMMLS #307710 Report a problem
        3/29/2024Listing removed--
        Source: East Tennessee Realtors #1237752 Report a problem
        11/13/2023Price change$4,500,000-5.3%$650/sqft
        Source: East Tennessee Realtors #1237752 Report a problem
        8/25/2023Listed for sale$4,750,000+546.3%$687/sqft
        Source: East Tennessee Realtors #1237752 Report a problem
        11/1/2008Listing removed$735,000$106/sqft
        Source: Homes & Land #122684 Report a problem
        5/24/2008Listed for sale$735,000+84.7%$106/sqft
        Source: Homes & Land #122684 Report a problem
        7/2/1997Sold$398,000$58/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$347 $23,475
        2024$347 $23,475
        2023$347 $23,475
        2022$347 $23,475
        2021-- $23,475 +12.3%
        2020$389 $20,900
        2019$389 $20,900
        2018$389 -0.1%$20,900
        2017$389 $20,900
        2016$389 $20,900 -3.2%
        2015-- $21,600 +0.1%
        2014$352 -51.3%$21,585 -51.3%
        2013$722 $44,288
        2012$722 $44,288
        2011$722 $44,288
        2010-- $44,288 -3.5%
        2009$707 $45,897
        2008$707 $45,897
        2007$707 +14.9%$45,897
        2006$615 -19.3%$45,897
        2005$762 +22.1%$45,897 +22.1%
        2004$624 +14.5%$37,595
        2002$545 $37,595
        2001-- $37,595 -75%
        2000-- $150,380

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 37862

          Getting around

          4 / 100
          Car-Dependent
          2 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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