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  • Price increase: $1K (7/23)
    $1,228,900

    655 Gatlinburg Falls Way, Gatlinburg, TN 37738

    4beds
    3,744sqft
    : 
    $7,133/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2018
    435 Square Feet Lot
    $-- Zestimate®
    $328/sqft
    $291/mo HOA

    What's special

    Well-maintained outdoor swimming poolFully finished layoutTri-level propertyWide easily accessible roadsStainless steel appliancesDedicated theater roomAction-packed game room
    Welcome to 655 Gatlinburg Falls Way, an exceptional, income-producing luxury cabin located in the highly sought-after Gatlinburg Falls Phase 1 subdivision in the heart of Gatlinburg. This beautifully decorated tri-level property offers the perfect blend of upscale mountain living and high-performing short-term rental investment. Designed with both comfort and entertainment in mind, this spacious cabin features multiple bedrooms each with its own cozy fireplace, providing a premium guest experience and strong repeat rental appeal. The open-concept main living area showcases granite countertops, stainless steel appliances, and ample space for hosting large groups. Entertainment is unmatched with a dedicated theater room and an action-packed game room, making this property a top choice for vacationers seeking a full experience. The fully finished layout offers generous sleeping capacity, ensuring maximum occupancy potential and excellent ROI. Located on wide, easily accessible roads within Gatlinburg Falls Resort, guests enjoy convenient year-round access along with access to a well-maintained outdoor swimming pool--an attractive amenity that enhances rental demand. Positioned just minutes from downtown Gatlinburg and only 6 miles to Pigeon Forge, this prime location places guests near top attractions, dining, and entertainment while still offering the privacy and charm of a mountain retreat. Turnkey, fully furnished, and rental-ready, this property is an outstanding opportunity for investors or buyers seeking a high-performing vacation home in one of the Smokies' most desirable resort communities. Schedule your showing today and capitalize on this income-producing property in a premier location.
    38 days
    100
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Vernon Corum 865-242-0445,

    eXp Realty 888-519-5113

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3304412MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Other
      Cooling
      • Other
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
      Features
      • High Ceilings
      • Flooring: Vinyl
      • Basement: Finished,Other
      • Number of fireplaces: 5
      • Fireplace features: Electric
      Interior area
      • Total structure area: 3,744
      • Total interior livable area: 3,744 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Deck, Covered
      Lot
      • Size: 435 Square Feet
      Details
      • Parcel number: 117PE00100023
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Log
      • Property subtype: Single Family Residence, Residential
      Materials
      • Frame, Log
      Condition
      • New construction: No
      • Year built: 2018

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Gatlinburg Falls
      HOA
      • Has HOA: Yes
      • HOA fee: $291 monthly
      Location
      • Region: Gatlinburg

      Financial & listing details

      • Price per square foot: $328/sqft
      • Tax assessed value: $642,400
      • Annual tax amount: $1,614
      • Date on market: 7/23/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/23/2026Price change$1,228,900+0.1%$328/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3304412 Report a problem
        7/17/2026Price change$1,227,900-0.1%$328/sqft
        Source: East Tennessee Realtors #1335633 Report a problem
        4/9/2026Listed for sale$1,228,9000%$328/sqft
        Source: East Tennessee Realtors #1335633 Report a problem
        3/19/2026Listing removed$1,229,000$328/sqft
        Source: East Tennessee Realtors #1321893 Report a problem
        11/15/2025Listed for sale$1,229,000-3.2%$328/sqft
        Source: East Tennessee Realtors #1321893 Report a problem
        5/20/2022Sold$1,269,000-0.1%$339/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3295150 Report a problem
        4/11/2022Pending sale$1,269,900$339/sqft
        Source: East Tennessee Realtors #1185843 Report a problem
        4/4/2022Listed for sale$1,269,900$339/sqft
        Source: East Tennessee Realtors #1185843 Report a problem
        4/4/2022Pending sale$1,269,900$339/sqft
        Source: GSMAR, GSMMLS #248365 Report a problem
        3/31/2022Listed for sale$1,269,900$339/sqft
        Source: GSMAR, GSMMLS #248365 Report a problem
        3/31/2022Pending sale$1,269,900+323.3%$339/sqft
        Source: East Tennessee Realtors #1185843 Report a problem
        10/19/2014Sold$300,000-30.2%$80/sqft
        Source: Public Record Report a problem
        4/21/2008Sold$430,000$115/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,126 $256,960
        2024$4,126 $256,960
        2023$4,126 +60%$256,960 +60%
        2022$2,579 $160,600
        2021-- $160,600 +100.9%
        2020$1,614 +8.6%$79,925
        2019$1,487 +685.3%$79,925 +752.5%
        2018$189 +0.2%$9,375
        2017$189 -87.2%$9,375 -87.1%
        2016$1,472 $72,900 -2.1%
        2015-- $74,475 0%
        2014$1,333 $74,478
        2013$1,333 0%$74,478
        2012$1,333 -3.2%$74,478 -3.2%
        2011$1,377 $76,978 -15.4%
        2010-- $90,978 -25.7%
        2009$2,068 $122,393
        2008$2,068 $122,393
        2007$2,068 +13.4%$122,393
        2006$1,823 -19%$122,393
        2005$2,249 +46.7%$122,393 +46.7%
        2004$1,533 $83,420
        Find assessor info on the county website

        Monthly payment

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        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

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