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For sale
  • $424,999

    1523 Gillespie Way, Gatlinburg, TN 37738

    1beds
    1,384sqft
    : 
    $2,451/mo
    Get pre-qualified
    Single Family Residence
    Built in 1993
    0.27 Acres Lot
    $-- Zestimate®
    $307/sqft
    $-- HOA

    What's special

    Stack-stone gas fireplaceOpen-concept living spaceGaming tableVaulted ceilingsUpdated fixturesCustom wood accent walls
    Awesome proven income producing chalet located in Chalet Village less than 3 miles from the Gatlinburg strip! This property is being sold completely turnkey, all furnishings, electronics, décor, game room setups, and the cozy hot tub convey to the buyer. This beautifully renovated mountain home offers fresh updates throughout, featuring custom wood accent walls, updated fixtures, and gaming table. Additional features include an open-concept living space with a stack-stone gas fireplace and vaulted ceilings, a primary bedroom with an electric fireplace, and a spacious loft set up as a game room and second sleeping area with its own half bath. Outside, enjoy a large open deck with hot tub to relax and unwind, plus full community access to Chalet Village pools, clubhouses, tennis courts, and playgrounds. Enjoy all of this mountain charm and revenue potential with no work needed and location just minutes to everything downtown Gatlinburg has to offer!
    10 days
    |
    247
    |
    5
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Durham 865-548-7676,

    Keyo Homes 865-548-7676

    Source: East Tennessee Realtors,MLS#: 1349993MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bonus Room
      Heating
      • Central, Propane, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Cathedral Ceiling(s), Eat-in Kitchen, Bonus Room
      • Flooring: Carpet, Tile
      • Basement: Crawl Space
      • Number of fireplaces: 2
      • Fireplace features: Electric, Stone, Gas Log
      Interior area
      • Total structure area: 1,384
      • Total interior livable area: 1,384 sqft

      Property

      Parking
      • Parking features: Off Street, Main Level
      Features
      • Has view: Yes
      • View description: Country Setting, Trees/Woods
      Lot
      • Size: 0.27 Acres
      • Dimensions: 108.64 x 148.18 IRR
      • Features: Cul-De-Sac, Private, Rolling Slope
      Details
      • Parcel number: 136D A 03400 000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet
      • Property subtype: Single Family Residence
      Materials
      • Block, Frame
      Condition
      • Year built: 1993

      Utilities & green energy

      • Sewer: Perc Test On File
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Tyrolea Sec 1
      HOA
      • Has HOA: Yes
      • Amenities included: Playground
      Location
      • Region: Gatlinburg

      Financial & listing details

      • Price per square foot: $307/sqft
      • Tax assessed value: $281,300
      • Annual tax amount: $1,807
      • Date on market: 7/30/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/6/2026Price change$424,9990%$307/sqft
        Source: East Tennessee Realtors #1349993 Report a problem
        7/30/2026Listed for sale$425,000-5.6%$307/sqft
        Source: East Tennessee Realtors #1349993 Report a problem
        1/19/2026Listing removed$450,000$325/sqft
        Source: East Tennessee Realtors #1309281 Report a problem
        10/18/2025Price change$450,000-5.3%$325/sqft
        Source: East Tennessee Realtors #1309281 Report a problem
        7/25/2025Listed for sale$475,000+3.3%$343/sqft
        Source: East Tennessee Realtors #1309281 Report a problem
        8/31/2021Sold$460,000+2.2%$332/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2826037 Report a problem
        6/27/2021Listed for sale$450,000-2.2%$325/sqft
        Source: Realty Executives Broker of Record #1157799 Report a problem
        6/8/2021Listing removed--
        Source: Realty Executives Broker of Record Report a problem
        6/4/2021Price change$459,900-1.1%$332/sqft
        Source: Realty Executives Broker of Record #1148622 Report a problem
        5/28/2021Price change$464,900-2.1%$336/sqft
        Source: Realty Executives Broker of Record #1148622 Report a problem
        5/21/2021Price change$474,900-1%$343/sqft
        Source: Realty Executives Broker of Record #1148622 Report a problem
        5/14/2021Price change$479,900-1.1%$347/sqft
        Source: Realty Executives Broker of Record #1148622 Report a problem
        4/10/2021Listed for sale$485,000+94%$350/sqft
        Source: Realty Executives Broker of Record #1148622 Report a problem
        2/24/2020Sold$250,000+0.4%$181/sqft
        Source: GSMAR, GSMMLS #226492 Report a problem
        1/22/2020Pending sale$249,000$180/sqft
        Source: Era In The Smokies Realty & Rentals #226492 Report a problem
        1/21/2020Price change$249,000-7.4%$180/sqft
        Source: Era In The Smokies Realty & Rentals #226492 Report a problem
        1/17/2020Listed for sale$269,000+22.8%$194/sqft
        Source: Era In The Smokies Realty & Rentals #226492 Report a problem
        3/23/2019Listing removed$219,000$158/sqft
        Source: Ogle, Morris, & James Group #220561 Report a problem
        2/28/2019Price change$219,000-4.8%$158/sqft
        Source: Ogle, Morris, & James Group #220561 Report a problem
        2/15/2019Price change$230,000-6.1%$166/sqft
        Source: Ogle, Morris, & James Group #220561 Report a problem
        2/7/2019Listed for sale$245,000+69%$177/sqft
        Source: Ogle, Morris, & James Group #220561 Report a problem
        2/9/2018Sold$145,000-3.3%$105/sqft
        Source: Public Record Report a problem
        12/12/2017Pending sale$149,900$108/sqft
        Source: PRIME MOUNTAIN PROPERTIES #212280 Report a problem
        11/29/2017Price change$149,900-9.1%$108/sqft
        Source: PRIME MOUNTAIN PROPERTIES #212280 Report a problem
        9/21/2017Listed for sale$164,900+49.9%$119/sqft
        Source: PRIME MOUNTAIN PROPERTIES #212280 Report a problem
        6/22/2009Sold$110,000-12%$79/sqft
        Source: Public Record Report a problem
        3/24/1995Sold$125,000$90/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,807 $112,520
        2024$1,807 $112,520
        2023$1,807 +60%$112,520 +60%
        2022$1,129 $70,325
        2021-- $70,325 +67.9%
        2020$846 +8.6%$41,875
        2019$779 -7.9%$41,875
        2018$846 -0.1%$41,875
        2017$846 $41,875
        2016$846 $41,875 -3.1%
        2015-- $43,200 0%
        2014$773 $43,204
        2013$773 0%$43,204
        2012$773 +0%$43,204
        2011$773 $43,204
        2010-- $43,204 -3.7%
        2009$758 $44,855
        2008$758 $44,855
        2007$758 +13.4%$44,855
        2006$668 -19%$44,855
        2005$824 +13.3%$44,855 +13.3%
        2004$727 +12.9%$39,575
        2002$644 $39,575
        2001-- $39,575 -75%
        2000-- $158,299
        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: 37738

        Getting around

        3 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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