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For sale
  • Price cut: $25K (7/26)
    $2,449,900

    986 Chestnut Dr, Gatlinburg, TN 37738

    6beds
    4,980sqft
    : 
    $13,365/mo
    Get pre-qualified
    Single Family Residence
    Built in 2021
    0.43 Acres Lot
    $-- Zestimate®
    $492/sqft
    $42/mo HOA

    What's special

    6 BEDROOM + SLEEPING BUNK ROOM | 8.5 BATH | OVER $100K IN BOOKINGS FOR 2026 (REALIZED + FUTURE RESERVATIONS) | INCREDIBLE YEAR-ROUND LONG-RANGE VIEWS | INDOOR POOL + RESORT-STYLE WATERFALL SPA + OUTDOOR HOT TUB | THEATER ROOM | SLEEPS 20 | 3.4 MILES TO GATLINBURG Welcome to Splash 'N Heavenly Views -- a luxury 6-bedroom, 8.5-bath cabin with an additional sleeping bunk room, built in 2021 and perfectly positioned on a quiet cul-de-sac in the highly sought-after Chalet Village area of Gatlinburg. Showings begin 03/27/2026 -- this cabin is consistently booked and in high demand, schedule early to secure your opportunity. This turnkey investment property offers over $100,000 in bookings for 2026 (realized income + future reservations), providing immediate and forward-looking revenue. Full Property Tour Video: Take a full walkthrough of the cabin, showcasing the layout, amenities, and breathtaking views: https://www.youtube.com/watch?v=dS_OkJuCyEg Designed to accommodate up to 20 guests, the cabin features an open-concept layout with expansive windows that showcase breathtaking year-round long-range mountain views. The fully equipped kitchen includes granite countertops, stainless steel appliances, and ample space for hosting large groups. Each bedroom is thoughtfully designed for comfort and privacy, featuring multiple king suites with private bathrooms, while the bunk room adds additional sleeping capacity -- maximizing occupancy and rental potential. OPEN LOFT / REC AREA The upper-level open loft / rec area features cathedral ceilings, exposed beams, and large windows showcasing incredible mountain views. Designed for entertainment, this space includes a pool table, arcade basketball game, multi-game arcade unit, and a comfortable TV lounge with sofa -- creating the perfect gathering space for guests of all ages. PRIVATE THEATER ROOM The private theater room offers a true cinematic experience, featuring stylish tin ceilings, custom wall paneling, theater-style seating with cup holders, and a large-screen TV -- perfect for movie nights and guest entertainment. INDOOR POOL + RESORT-STYLE WATERFALL SPA + OUTDOOR HOT TUB This property delivers a true resort-style experience with a private indoor pool featuring a resort-style waterfall spa, plus an additional outdoor hot tub -- offering multiple relaxation areas and enhancing the overall guest experience. OUTDOOR LIVING Enjoy the best of Smoky Mountain living with three spacious decks showcasing breathtaking long-range mountain views. Unwind by the outdoor stone wood-burning fireplace, relax under the stars in the outdoor hot tub, and take in the peaceful mountain setting -- perfect for gathering, entertaining, and creating unforgettable guest experiences. LOCATION + ACCESS Located on a cul-de-sac with excellent parking and easy access -- a rare and highly desirable feature for large-group rentals. Ideally situated just 3.4 miles to downtown Gatlinburg, offering quick access to top attractions, dining, and entertainment. Whether you're looking to expand your portfolio or secure a premier Smoky Mountain retreat, this property offers immediate income, strong forward bookings, and long-term upside.
    129 days
    |
    537
    |
    41
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Morris 865-282-4886,

    LPT Realty, LLC 877-366-2213,

    Jillian Anderson 865-978-2627,

    LPT Realty, LLC

    Source: East Tennessee Realtors,MLS#: 1333915MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 9
      • Full bathrooms: 8
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Kitchen Island, Eat-in Kitchen
      • Flooring: Other
      • Basement: Walk-Out Access,Finished
      • Number of fireplaces: 2
      • Fireplace features: Stone, Wood Burning
      Interior area
      • Total structure area: 4,980
      • Total interior livable area: 4,980 sqft

      Property

      Parking
      • Parking features: Main Level
      Features
      • Has private pool: Yes
      • Pool features: In Ground
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.43 Acres
      • Dimensions: 130.85 x 142
      • Features: Level, Rolling Slope
      Details
      • Parcel number: 116O B 046.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet
      • Property subtype: Single Family Residence
      Materials
      • Stone, Wood Siding, Shingle Siding, Frame
      Condition
      • Year built: 2021

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Chalet Village North
      HOA
      • Has HOA: Yes
      • Amenities included: Sauna
      • HOA fee: $42 monthly
      Location
      • Region: Gatlinburg

      Financial & listing details

      • Price per square foot: $492/sqft
      • Tax assessed value: $934,200
      • Annual tax amount: $5,530
      • Date on market: 3/27/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/26/2026Price change$2,449,900-1%$492/sqft
        Source: East Tennessee Realtors #1333915 Report a problem
        7/9/2026Price change$2,474,900-1%$497/sqft
        Source: East Tennessee Realtors #1333915 Report a problem
        6/24/2026Price change$2,499,900-2%$502/sqft
        Source: East Tennessee Realtors #1333915 Report a problem
        6/5/2026Price change$2,549,900-1.7%$512/sqft
        Source: East Tennessee Realtors #1333915 Report a problem
        5/6/2026Price change$2,595,000-2.1%$521/sqft
        Source: East Tennessee Realtors #1333915 Report a problem
        3/27/2026Listed for sale$2,650,000+1518.3%$532/sqft
        Source: East Tennessee Realtors #1333915 Report a problem
        3/4/2020Sold$163,750-3.7%$33/sqft
        Source: Public Record Report a problem
        2/6/2020Pending sale$170,000$34/sqft
        Source: Mighty Peaks Realty, LLC #219903 Report a problem
        12/18/2019Price change$170,000-0.6%$34/sqft
        Source: Mighty Peaks Realty, LLC #219903 Report a problem
        10/7/2019Price change$171,000+0.6%$34/sqft
        Source: Mighty Peaks Realty, LLC #219903 Report a problem
        1/8/2019Price change$170,000-2.9%$34/sqft
        Source: MIGHTY PEAKS REALTY, LLC #219903 Report a problem
        12/19/2018Listed for sale$175,000-69.8%$35/sqft
        Source: MIGHTY PEAKS REALTY, LLC #219903 Report a problem
        12/16/2016Listing removed$579,000$116/sqft
        Source: LeConte Real Estate, LLC #205962 Report a problem
        10/10/2016Price change$579,000-1%$116/sqft
        Source: LeConte Real Estate, LLC #205962 Report a problem
        12/2/2015Listed for sale$585,000+95%$117/sqft
        Source: LeConte Real Estate, LLC #199257 Report a problem
        12/22/2014Sold$300,000-45.4%$60/sqft
        Source: Public Record Report a problem
        8/28/2013Listing removed$549,900$110/sqft
        Source: CENTURY 21 FOUR SEASONS CV #179610 Report a problem
        2/26/2013Listed for sale$549,900$110/sqft
        Source: CENTURY 21 FOUR SEASONS CV #179610 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,530 $373,680
        2024$5,530 $373,680
        2023$5,530 +60%$373,680 +60%
        2022$3,457 $233,550 +21.7%
        2021-- $191,850 +1151.9%
        2020$285 $15,325
        2019$285 $15,325
        2018$285 +0%$15,325
        2017$285 -89.4%$15,325 -89.4%
        2016$2,695 $144,875 -6.8%
        2015-- $155,475 +0%
        2014$2,534 $155,465
        2013$2,534 $155,465
        2012$2,534 $155,465
        2011$2,534 $155,465
        2010-- $155,465 -7.3%
        2009$2,584 $167,784
        2008$2,584 $167,784
        2007$2,584 +14.9%$167,784
        2006$2,248 -19.3%$167,784
        2005$2,785 +26.9%$167,784 +26.9%
        2004$2,195 +14.5%$132,226
        2002$1,917 $132,226
        2001-- $132,226 -75%
        2000-- $528,905
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37738

        Getting around

        7 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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