1103 Villa Lane

Gatlinburg, TN
$ 389,900 Beds 2 Baths 1.5 Sq 864
Monthly Estimate* How much can I afford?

BRAND-NEW METAL ROOF • NEW EXTERIOR PAINT • REDUCED PRICE • POSITIVE CASH FLOW Proven Gatlinburg STR just 3 miles from downtown with an established rental history and room to take it to the next level. This 2BR/1.5BA cabin generated $49,500 in gross rental revenue in 2025 and ranks in the Top 1% on Airbnb for guest ratings, reviews and reliability. Offered at $389,900, the property shows an estimated $1,145/month positive cash flow based on 2025 gross rental revenue and current estimated monthly expenses.* With a few strategic interior and outdoor updates, imagine the potential to elevate the guest experience, strengthen the property's marketability and build on an already successful rental history. The seller has already handled two major improvements with a brand-new metal roof and newly painted exterior--and is now offering $5,000 toward buyer closing costs upon an acceptable contract that closes. Proven income. Positive cash flow. Big-ticket improvements completed. Opportunity for additional upside. Minutes from downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Dollywood and area attractions. *Cash-flow projection is an estimate based on $49,500 in 2025 gross rental revenue and provided expenses. Actual expenses, financing terms, management costs and rental performance may vary.

Active

  • Price
  • $ 389,900
  • City
  • Gatlinburg
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • Sevier
  • Half Bathrooms
  • 1
  • Area
  • Gatlinburg
  • Lot Size
  • Zip
  • 37738
  • Sqr Footage
  • 864
  • Year Built
  • 1986
  • Taxes
  • $ 1007
  • Style
  • MLS#
  • 310296
Listed By: Wallace Real Estate
Data Source: Great Smoky Mountains MLS (GSMMLS)

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
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
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

Interior Features

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
Main Level Bedrooms 2
Main Level Bathrooms 15
Total Baths 2

Exterior Features

Exterior Amenities Rain Gutters
Parking Features Asphalt,Driveway,Off Street
Lot Features Level,Sloped,Wooded
Water Source See Remarks
Building Area Total 864
Road Surface Type Paved
Road Frontage Type County Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Dandridge, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/15/2026 Listed $429,900
3/16/2026 1% - $425,000
9/2/2026 1% - $420,000
9/5/2026 7% - $389,900

Property vs Zip Code Average in 37738

Price
AVG $890K
$390K
Taxes
AVG $2,523
$1,007
Year Built
AVG 2003
1986

In The Neighborhood

Areas That We Cover

1103 Villa Lane Gatlinburg, TN is a Single Family Home for sale at $389900 with 864 sqft and a lot size of Acre(s). 1103 Villa Lane Gatlinburg has 2 bedrooms, 1 baths and was built in 1986. The property's zip code is 37738 which is in Gatlinburg, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Terence Wilson

Terence Wilson

865-344-1064

Find your home's value