CASH FLOW CABIN in the Gated commumity of Sherwood Forest Resort. $92,482 gross rental income for 2019!!! Approx 1 mile from the Parkway and less than 10 minutes to Dollywood and all the attractions of Pigeon Forge. Due to Sherwood Forests location on the very southern end of Pigeon Forge, you can be in the Great Smoky Mountain National Park in 15 minutes via the Gatlinburg by-Pass, with out hitting the crazy Gatlinburg traffic. No steep roads, ALL city utilities, and a community pool, yet reasonable HOA. This log home offers everything the guests are looking for in a vacation rental: Rec room loft with arcade games, Theater room, and 4 bedrooms on 3 levels to afford privacy for the whole family. Relax in the hot tub while looking out to Sherwoods FOREST view. The owners are experienced VRBO sellers with multiple properties and will help new owners get started as a successful "rent by owner" business. Cabin was professionally stained less than 1 year ago. HVAC is 4 years old. Plenty of parking for a cabin of this size. Documented 2019 gross rental income 0f $92,482 from AirBNB and VRBO. Come enjoy your own family vacation cabin in the Great Smoky Mountains while profiting from this wonderfull investment.
Sold for $515,000
$515,000
707 Ridgewood Way, Sevierville, TN 37863
4beds
2,165sqft
SingleFamily
Built in 2003
1 Acres Lot
$862,100 Zestimate®
$238/sqft
$3,635 Estimated rent
Home value
$862,100
$802,000 - $940,000
$3,635/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heat pump
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- W/D Connection, Wood Floors, Ceiling Fan(s), Furniture, Window Treatment, Cathedral Ceiling, Great Room, Loft, Whirlpool, Recreation Room, Large Master Bedroom, Media Room, High Speed Internet, Solid Surface Counter Top
- Flooring: Tile, Carpet, Hardwood
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,165 sqft
Property
Features
- Exterior features: Wood
- Has spa: Yes
Lot
- Size: 1 Acres
Details
- Parcel number: 105LB00100011
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Footing
- Roof: Other
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Community System
Community & neighborhood
Location
- Region: Sevierville
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $75 monthly
Other
Other facts
- Construction Type: Site Built
- Zoning Entity: Sevier County
- Occupancy: Either
- FOUNDATION: Crawl Space
- INTERIOR FEATURES: W/D Connection, Wood Floors, Ceiling Fan(s), Furniture, Window Treatment, Cathedral Ceiling, Great Room, Loft, Whirlpool, Recreation Room, Large Master Bedroom, Media Room, High Speed Internet, Solid Surface Counter Top
- ROOF: Metal
- WATER: Utility
- Zoning: R-1
- Bedroom 2 Level: 1
- Kitchen Level: 1
- ACCESS: Paved Road, Private Road, County Road, Gated Community
- COOLING: Central Electric
- HEATING: Central
- APPLIANCES: Dryer, Electric Range, Refrigerator, Washer, Dishwasher, Microwave, Smoke Detector
- EXTERIOR FEATURES: Deck, Wooded, Gutters, Surfaced Drive, Double Window
- CONSTRUCTION: Log
- STYLE: Log
- Dining Room Level: 1
- BASEMENT: Walkout, Finished All
- Great Room Level: 1
- FIREPLACE: Gas Log, Electric
- RENTAL: Off Site, Rental History
- MISCELLANEOUS: Hot Tub, Planned Unit Development
- Master Bedroom Level: 2
- Loft Level: 2
- Bedroom 3 Level: B
- Bedroom 4 Level: B
- NUMBER OF STORIES: Three +
- Recreation Room Level: B
- SEWER: Community System
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Sold | $515,000-42.8%$238/sqft |
Source: Public Record Report a problem | ||
| 12/19/2022 | Sold | $900,000-2.7%$416/sqft |
Source:  GSMAR, GSMMLS #253609 Report a problem | ||
| 10/23/2022 | Pending sale | $925,000$427/sqft |
Source: GSMAR, GSMMLS #253609 Report a problem | ||
| 10/1/2022 | Price change | $925,000-5.1%$427/sqft |
Source: GSMAR, GSMMLS #253609 Report a problem | ||
| 8/25/2022 | Listed for sale | $975,000-2.5%$450/sqft |
Source: GSMAR, GSMMLS #253609 Report a problem | ||
| 8/18/2022 | Listing removed | -- |
Source: GSMAR, GSMMLS #249129 Report a problem | ||
| 6/22/2022 | Price change | $1,000,000-14.9%$462/sqft |
Source: GSMAR, GSMMLS #249129 Report a problem | ||
| 5/16/2022 | Price change | $1,175,000-2.1%$543/sqft |
Source: GSMAR, GSMMLS #249129 Report a problem | ||
| 5/4/2022 | Listed for sale | $1,200,000+101.7%$554/sqft |
Source: GSMAR, GSMMLS #249129 Report a problem | ||
| 8/7/2020 | Sold | $595,000-0.8%$275/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3240107 Report a problem | ||
| 7/10/2020 | Pending sale | $599,900$277/sqft |
Source: All Pro REALTORS Inc. #229006 Report a problem | ||
| 7/3/2020 | Listed for sale | $599,900$277/sqft |
Source: All Pro REALTORS Inc. #229006 Report a problem | ||
| 3/31/2020 | Listing removed | $599,900$277/sqft |
Source: All Pro REALTORS Inc. #227079 Report a problem | ||
| 3/1/2020 | Pending sale | $599,900$277/sqft |
Source: All Pro REALTORS Inc. #227079 Report a problem | ||
| 2/25/2020 | Listed for sale | $599,900+200%$277/sqft |
Source: All Pro REALTORS Inc. #227079 Report a problem | ||
| 11/25/2014 | Listing removed | $200,000-2.9%$92/sqft |
Source: RE/MAX All Pro, Realtors #860941 Report a problem | ||
| 8/28/2014 | Sold | $206,000+3.5%$95/sqft |
Source: Public Record Report a problem | ||
| 5/29/2014 | Sold | $199,000-0.5%$92/sqft |
Source: Public Record Report a problem | ||
| 2/5/2014 | Pending sale | $200,000$92/sqft |
Source: RE/MAX All Pro, Realtors #860941 Report a problem | ||
| 1/29/2014 | Listed for sale | $200,000$92/sqft |
Source: RE/MAX All Pro, Realtors #860941 Report a problem | ||
| 10/12/2013 | Pending sale | $200,000$92/sqft |
Source: RE/MAX All Pro, Realtors #860941 Report a problem | ||
| 9/24/2013 | Listed for sale | $200,000$92/sqft |
Source: RE/MAX All Pro, Realtors #860941 Report a problem | ||
| 9/19/2013 | Pending sale | $200,000$92/sqft |
Source: RE/MAX All Pro, Realtors #860941 Report a problem | ||
| 9/11/2013 | Listed for sale | $200,000-43.2%$92/sqft |
Source: All Pro Realtors Report a problem | ||
| 12/30/2005 | Sold | $352,000$163/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,887 | $195,080 |
| 2024 | $2,887 | $195,080 |
| 2023 | $2,887 +60% | $195,080 +60% |
| 2022 | $1,804 | $121,925 |
| 2021 | -- | $121,925 +112.4% |
| 2020 | $1,068 | $57,400 |
| 2019 | $1,068 | $57,400 |
| 2018 | $1,068 0% | $57,400 |
| 2017 | $1,068 | $57,400 |
| 2016 | $1,068 | $57,400 +9.4% |
| 2015 | -- | $52,450 |
| 2014 | $855 | $52,450 |
| 2013 | $855 | $52,450 |
| 2012 | $855 | $52,450 |
| 2011 | $855 | $52,450 |
| 2010 | -- | $52,450 -31.9% |
| 2009 | $1,186 | $77,027 |
| 2008 | $1,186 | $77,027 |
| 2007 | $1,186 +14.9% | $77,027 |
| 2006 | $1,032 -19.3% | $77,027 |
| 2005 | $1,279 +20.4% | $77,027 +20.4% |
| 2004 | $1,062 +14.5% | $63,976 |
| 2002 | $928 | $63,976 +468.7% |
| 2001 | -- | $11,250 |
Find assessor info on the county website
Neighborhood: 37863
Nearby schools
GreatSchools rating
- 7/10Pi Beta Phi Elementary SchoolGrades: PK-6Distance: 4.1 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 3.4 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 3.6 mi
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- Tennessee
- Sevier County
- Pigeon Forge
- 37863
- 707 Ridgewood Way
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