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For sale
  • Price cut: $100K (8/7)
    $950,000

    531 Gatlin Dr, Gatlinburg, TN 37738

    5beds
    2,808sqft
    : 
    $5,479/mo
    Get pre-qualified
    Single Family Residence
    Built in 2000
    0.57 Acres Lot
    $-- Zestimate®
    $338/sqft
    $-- HOA

    What's special

    Strong indoor-outdoor flowFire-pit settingLuxury five-bedroom cabinPrivate hot tubFive-bedroom three-bath residenceOutdoor dining areas
    $100,000+ in Annual Rental Revenue | Luxury Five-Bedroom Cabin Near Downtown Gatlinburg An exceptional opportunity to acquire a proven, income-producing luxury cabin in one of East Tennessee's most coveted mountain destinations—offering both immediate performance and long-term upside. Producing over $100,000 in annual rental revenue in both 2024 and 2025, reflecting consistent performance in a competitive and challenging STR market. This 2,800-square-foot Smoky Mountain retreat presents a compelling acquisition for buyers seeking lifestyle, location, and return. Thoughtfully designed for group travel and multi-generational gatherings, the five-bedroom, three-bath residence combines generous scale with practical luxury. Open living areas, flexible sleeping arrangements, and strong indoor-outdoor flow create an environment that appeals to today's discerning vacationers while allowing an owner the opportunity to further elevate the home with personal design touches. Set just minutes from downtown Gatlinburg and conveniently accessed via Highway 321, the property benefits from city utilities, ease of year-round access, and proximity to the area's most visited attractions. Rocky Top Sports World lies less than three miles away, while the entrance to Great Smoky Mountains National Park is under five miles—an ideal positioning that consistently drives demand among families, sports groups, and destination travelers. Outdoor living is a defining feature. Expansive decks overlook wooded privacy with filtered mountain views, offering multiple spaces to gather, dine, or unwind. A private hot tub, fire-pit setting, and outdoor dining areas create a quintessential Smoky Mountain experience—equally suited to personal enjoyment or high-performing short-term rental use. Whether acquired as a luxury vacation rental, a second home with meaningful income, or a strategic foothold in one of Tennessee's most resilient mountain markets, this property delivers a rare balance of location, performance, and lifestyle appeal. Well-established income history, strong guest demand, and the ability to further refine and personalize the asset make this a standout offering in the Gatlinburg luxury cabin market
    193 days
    |
    1,711
    |
    120
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Janet Giffee 865-405-3662,

    eXp Realty, LLC 888-519-5113

    Source: East Tennessee Realtors,MLS#: 1328940MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Heat Pump, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Flooring: Other, Hardwood
      • Basement: Finished
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 2,808
      • Total interior livable area: 2,808 sqft

      Property

      Parking
      • Parking features: None
      Lot
      • Size: 0.57 Acres
      • Features: Wooded, Level
      Details
      • Parcel number: 117N A 00103 000

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Frame
      Condition
      • Year built: 2000

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Montgomery Woods Addn 3
      Location
      • Region: Gatlinburg

      Financial & listing details

      • Price per square foot: $338/sqft
      • Tax assessed value: $494,300
      • Annual tax amount: $3,175
      • Date on market: 2/10/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/7/2026Price change$950,000-9.5%$338/sqft
        Source: East Tennessee Realtors #1328940 Report a problem
        8/4/2026Price change$1,050,000-4.5%$374/sqft
        Source: East Tennessee Realtors #1328940 Report a problem
        2/10/2026Listed for sale$1,100,000+10.6%$392/sqft
        Source: GSMAR, GSMMLS #310113 Report a problem
        1/1/2026Listing removed$995,000$354/sqft
        Source: GSMAR, GSMMLS #304467 Report a problem
        9/10/2025Price change$995,000-5.7%$354/sqft
        Source: East Tennessee Realtors #1287511 Report a problem
        8/7/2025Price change$1,055,000-1.4%$376/sqft
        Source: GSMAR, GSMMLS #304467 Report a problem
        5/31/2025Listed for sale$1,070,000+1.9%$381/sqft
        Source: East Tennessee Realtors #1287511 Report a problem
        3/12/2025Listing removed$1,049,900$374/sqft
        Source: GSMAR, GSMMLS #304467 Report a problem
        3/4/2025Price change$1,049,900-1.9%$374/sqft
        Source: GSMAR, GSMMLS #304467 Report a problem
        2/25/2025Price change$1,069,900-0.9%$381/sqft
        Source: East Tennessee Realtors #1287511 Report a problem
        2/16/2025Price change$1,079,900-0.9%$385/sqft
        Source: GSMAR, GSMMLS #304467 Report a problem
        2/3/2025Price change$1,089,900-0.9%$388/sqft
        Source: GSMAR, GSMMLS #304467 Report a problem
        1/18/2025Listed for sale$1,099,900-2.2%$392/sqft
        Source: GSMAR, GSMMLS #304467 Report a problem
        12/30/2024Listing removed$1,125,000$401/sqft
        Source: GSMAR, GSMMLS #301705 Report a problem
        12/7/2024Price change$1,125,000-2.2%$401/sqft
        Source: GSMAR, GSMMLS #301705 Report a problem
        8/7/2024Price change$1,150,000-4.2%$410/sqft
        Source: GSMAR, GSMMLS #301705 Report a problem
        6/23/2024Listed for sale$1,200,000+16.5%$427/sqft
        Source: GSMAR, GSMMLS #301705 Report a problem
        9/28/2023Sold$1,030,000+15.5%$367/sqft
        Source: Public Record Report a problem
        11/12/2021Sold$891,500+4.9%$317/sqft
        Source: East Tennessee Realtors #1168225 Report a problem
        9/24/2021Pending sale$849,900$303/sqft
        Source: East Tennessee Realtors #1168225 Report a problem
        9/21/2021Listed for sale$849,900+88.9%$303/sqft
        Source: GSMAR, GSMMLS #245136 Report a problem
        11/13/2002Sold$450,000+900%$160/sqft
        Source: Public Record Report a problem
        8/9/1999Sold$45,000$16/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,175 $197,720
        2024$3,175 $197,720
        2023$3,175 +60%$197,720 +60%
        2022$1,984 $123,575
        2021-- $123,575 +74.1%
        2020$1,433 +8.6%$70,975
        2019$1,320 -7.9%$70,975
        2018$1,433 +0%$70,975
        2017$1,433 $70,975
        2016$1,433 $70,975 +2.5%
        2015-- $69,275 0%
        2014$1,240 $69,280
        2013$1,240 0%$69,280
        2012$1,240 +0%$69,280
        2011$1,240 $69,280
        2010-- $69,280 -4.3%
        2009$1,223 $72,379
        2008$1,223 $72,379
        2007$1,223 +13.4%$72,379
        2006$1,078 -19%$72,379
        2005$1,330 +16.9%$72,379 +16.9%
        2004$1,137 +12.9%$61,890
        2002$1,007 $61,890
        2001-- $61,890 -75%
        2000-- $247,558
        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.
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        Climate risks

        Neighborhood: 37738

        Getting around

        3 / 100
        Car-Dependent
        3 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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