1103 Villa Lane Gatlinburg, TN $ 389,900
1103 Villa Lane
$ 389,900
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1103 Villa Lane

Gatlinburg, TN, 37738
$ 389,900
Bedrooms2 Baths1.1 Sq 864

Monthly Estimate*

$ 2,462

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Single Family Home for sale in Gatlinburg, TN

for $389,900 with 2 bedrooms and 1 full bath, 1 half bath. This 864 square foot home was built in 1986.

BRAND-NEW METAL ROOF, NEW EXTERIOR PAINT & NOW OFFERED AT A REDUCED PRICE! The seller has made major improvements AND reduced the price, creating an even stronger opportunity to own a proven short-term rental just 3 miles from downtown Gatlinburg. This turn-key 2BR/1.5BA cabin generated $53,000 in gross rental income in 2024 and $49,500 in 2025 and ranks among the Top 1% of homes on Airbnb based on guest ratings, reviews, and reliability. With an established rental history already in place, this is an opportunity for investors looking for an income-producing Smoky Mountain property without starting from scratch. The unique octagon design helps this cabin stand out from the crowd, while vaulted ceilings, an open layout, and a stone fireplace deliver the mountain-cabin experience guests come to Gatlinburg looking for. A private covered deck with hot tub, wooded privacy, picnic area, and access to a community swimming pool add to its rental appeal. LOCATION, RENTAL PERFORMANCE AND BIG-TICKET IMPROVEMENTS--the combination investors are looking for. With a brand-new metal roof, newly painted exterior, proven rental history, Top 1% Airbnb ranking, and a newly reduced price, the seller has positioned this property to be one of the more compelling STR opportunities in its price range. Just minutes from downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Dollywood, shopping, dining, and area attractions. If you've been waiting for the right Gatlinburg investment, this one deserves another look!

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Single Family Active

Price

$ 389,900

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,007

Style

Year Built

1986

Town/City

Gatlinburg

County/Region

Sevier

MLS | Web ID

310296

Features
General
Sewer Septic Tank
Heating Electric Heat Pump
Cooling Central Air Electric Heat Pump
Utilities Cable Available Electricity Connected Internet Connected Phone Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Dryer Electric Range Microwave Range Hood Refrigerator Washer
Zoning R1
HOA Fee 235
Garage Spaces 0
Association Fee Includes Maintenance Grounds
Patio/Porch Features Covered Deck
Architectural Style Cottage
Construction Materials Frame Wood Siding
Year Built 1986
View Seasonal Trees/Woods
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Community Features Pool
Assoc Fee Paid Per Monthly
County Sevier
New Construction false
Property Type Residential
Association Amenities Pool
HOA true
Attached Garage false
Subdivision Name Condo Villas
Garage Y/N false
Total Rooms 0
Full Baths 1
Status Active
Directions From the Spur coming into Gatlingburg take Dudley Creek Rd to a Left onto Cartertown Rd Left onto E Foothills Dr Left onto Villa Drive. Follow up and Rd will curve to the right onto Villa Ln. Follow to the house all the way at the end.
City Gatlinburg
Disclosures Seller Disclosure
Association Name Condo Villas of Gatlinburg/Kelly Whited
MLS Area Gatlinburg
Tax Annual Amount 1007.58
Home Warranty Y/N false
MLS Area Minor Gatlinburg
Standard Status Active
Tax Lot 504
Occupancy Either
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Interior
Interior Amenities Ceiling Fan(s) Granite Counters Kitchen/Dining Combo Living/Dining Combo
Basement Crawl Space
Flooring Laminate Luxury Vinyl
Furnished Y/N Furnished
Total Fireplaces 1
Fireplace Features Gas Log
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 864
Half Baths 1
Laundry Features Electric Dryer Hookup Main Level Washer Hookup
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Main Level Bathrooms 15
Total Baths 2
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Exterior
Exterior Amenities Rain Gutters
Parking Features Asphalt Driveway Off Street
Lot Features Level Sloped Wooded
Water Source See Remarks
Building Area Total 864
Lot Size Acres 0
Road Surface Type Paved
Road Frontage Type County Road
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Wallace Real Estate

Broker

jodi.movingmtns@gmail.com

Email

Affordability Calculator

$2,546
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$84
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2026$389,900 -7.17% Price Down
9/2/2026$420,000 -1.18% Price Down
3/16/2026$425,000 -1.14% Price Down
3/15/2026$429,900 Listed Price

Map


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1103 Villa Lane, Gatlinburg, TN, 37738 is a Single Family Home for sale at $389,900 with 864 sqft. 1103 Villa Lane has 2 bedrooms, 1.1 baths, and was built in 1986. The property's zip code is 37738 which is in Gatlinburg, TN