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.
For sale by owner
Price cut: $75K (9/5)
$3,674,000
1311 Ina Grace Ln, Sevierville, TN 37862
13beds
6,918sqft
MultiFamily
Built in 1990
-- sqft lot
$-- Zestimate®
$531/sqft
$-- HOA
What's special
New roofsRefreshed interiors throughout
- 101 days
- 432
- 33
Listed by:
Property Owner (865) 712-5344
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: Yes
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: $531/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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Price change | $3,674,000-2%$531/sqft |
Source: Owner Report a problem | ||
| 7/23/2026 | Price change | $3,749,000-1.3%$542/sqft |
Source: Owner Report a problem | ||
| 6/19/2026 | Listed for sale | $3,799,000+123.5%$549/sqft |
Source: Owner Report a problem | ||
| 2/6/2026 | Sold | $1,700,000-43.3%$246/sqft |
Source: | ||
| 12/23/2025 | Pending sale | $2,999,999$434/sqft |
Source: | ||
| 8/5/2025 | Listed for sale | $2,999,999-33.3%$434/sqft |
Source: | ||
| 3/29/2024 | Listing removed | -- |
Source: | ||
| 11/13/2023 | Price change | $4,500,000-5.3%$650/sqft |
Source: | ||
| 8/25/2023 | Listed for sale | $4,750,000+546.3%$687/sqft |
Source: | ||
| 11/1/2008 | Listing removed | $735,000$106/sqft |
Source: Homes & Land #122684 Report a problem | ||
| 5/24/2008 | Listed for sale | $735,000+84.7%$106/sqft |
Source: Homes & Land #122684 Report a problem | ||
| 7/2/1997 | Sold | $398,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






