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  • $695,000

    1903 Elk Springs Way, Gatlinburg, TN 37738

    3beds
    1,795sqft
    Single Family Residence, Residential
    Built in 2006
    -- sqft lot
    $615,500 Zestimate®
    $387/sqft
    $2,568 Estimated rent

    Home value

    $615,500

    $560,000 - $677,000

    $2,568/mo

    Zestimate® history
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    What's special

    **HIGHEST & BEST with ALL offers due by 10:00am on Friday (9/22). Seller will respond to offers no later than 10:00am on Saturday (9/23).** Elk Springs Resort is located on 68 private acres bordering Smoky Mountain National Park. "Cowboy Way" is a beautiful 3-bedroom, true log cabin in the rarely available Elk Springs Resort where natural beauty meets easy ownership. This would be a great addition to your STR portfolio with a gross income of $94,801 in 2021, and $82,563.76 for 2022! It has performed consistently for current owners as a premium cabin rental over many years. It is set up to comfortably sleep 10 guests with inclusion of the Great Room sofa- sleeper. Main level has an open concept full kitchen, dramatic living room with floor to ceiling river rock fireplace (gas), dedicated dining area, and main level bedroom suite. Upstairs you'll find the loft with pool table plus second bedroom (w/Queen bed) and full bath. The lower level features a custom theater with 9-foot theater screen, full wet-bar, and a third bedroom with Queen-Over-Queen bunks and full bath. The main level deck has been updated to Trex, is very private, and offers additional seating and a hot tub (replaced 3 years ago). The HOA fee of $150 per month is quite possibly the best bang for your buck in all of Sevier County. It includes hi-speed Xfinity cable/internet, City water, trash, landline, (often well above $150 for cabins in our market), on-site Customer Service, Housekeeping and Maintenance dispatched 24/7 to attend to your guest's every need. One of many fire hydrants is located just up the street and helps with reducing homeowner insurance premiums. Additionally, the cabin offers a rarity for cabins in our market - natural gas (supplied by Sevier County Utility District). Agents, please see REALTOR addendum for Elk Springs Resort's superior performance, outstanding maintenance, and offer instructions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Maloney | The Maloney Team 865-453-4049,

    Prime Mountain Properties

    Bought with:

    Matthew Maloney | The Maloney Team, 335706

    Prime Mountain Properties

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3235112MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Electric, Other
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • High Ceilings, Ceiling Fan(s), Wet Bar
    • Flooring: Wood
    • Basement: Crawl Space,Full,Finished
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 1,795
    • Total interior livable area: 1,795 sqft

    Property

    Parking
    • Parking features: Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Patio & porch: Deck, Covered
    Lot
    • Features: Wooded
    • Topography: Wooded
    Details
    • Parcel number: 10711600090
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log
    • Property subtype: Single Family Residence, Residential
    Materials
    • Log, Stucco
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Shared Septic
    • Water: Public
    • Utilities for property: Electricity Available, Water Available, Cable Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Elk Springs Resort
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Internet, Maintenance Grounds, Water
    • HOA fee: $150 monthly
    Location
    • Region: Gatlinburg

    Financial & listing details

    • Price per square foot: $387/sqft
    • Tax assessed value: $329,700
    • Annual tax amount: $1,220
    • Date on market: 9/22/2023
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/5/2023Sold$695,000-0.7%$387/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3235112 Report a problem
    9/23/2023Pending sale$699,999$390/sqft
    Source: GSMAR, GSMMLS #261192 Report a problem
    9/16/2023Price change$699,999-7.9%$390/sqft
    Source: GSMAR, GSMMLS #261192 Report a problem
    9/4/2023Listed for sale$759,900-2.6%$423/sqft
    Source: GSMAR, GSMMLS #261192 Report a problem
    9/3/2023Listing removed--
    Source: GSMAR, GSMMLS #257946 Report a problem
    8/17/2023Price change$779,900-0.6%$434/sqft
    Source: GSMAR, GSMMLS #257946 Report a problem
    7/6/2023Price change$785,000-1.8%$437/sqft
    Source: GSMAR, GSMMLS #257946 Report a problem
    6/21/2023Listed for sale$799,000-0.1%$445/sqft
    Source: GSMAR, GSMMLS #257946 Report a problem
    11/13/2022Listing removed--
    Source: GSMAR, GSMMLS #253839 Report a problem
    10/18/2022Price change$799,900-3%$446/sqft
    Source: GSMAR, GSMMLS #253839 Report a problem
    9/9/2022Listed for sale$825,000$460/sqft
    Source: GSMAR, GSMMLS #253839 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,952 $131,880
    2024$1,952 $131,880
    2023$1,952 +60%$131,880 +60%
    2022$1,220 $82,425
    2021-- $82,425 +83.4%
    2020$836 $44,950
    2019$836 $44,950
    2018$836 +0%$44,950
    2017$836 $44,950
    2016$836 $44,950 -2.9%
    2015-- $46,275 0%
    2014$754 $46,278
    2013$754 $46,278
    2012$754 $46,278
    2011$754 $46,278
    2010-- $46,278 -57.7%
    2009$1,685 $109,384
    2008$1,685 +20.7%$109,384 +20.7%
    2007$1,396 +14.9%$90,634
    2006$1,215 +387.8%$90,634 +504.2%
    2005$249 $15,000
    Find assessor info on the county website

    Neighborhood: 37738

    Nearby schools

    GreatSchools rating
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