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4314 Carolina Cove Way, Pigeon Forge, TN 37863
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$3,970,000
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Home Details for 4314 Carolina Cove Way
Price
$3,970,000
Type
Multi Family
Year Build
2008
Lot Size
2.24
County
Sevier County - 27
MLS®️ Listing#
1311792
On exitrealty.com
165 days
Property Description
$440,000+ combined gross income from July 2024 to June 2025 from this exceptional short-term rental package featuring three high-performing cabins. This rare trifecta includes small, medium, and large cabins—offering a variety of guest experiences and income streams for the discerning 1031 exchange investor.
The small and medium cabins are located in the sought-after Chalet Village area of Gatlinburg, where bookings remain strong even through the winter months. The large cabin, located at 4314 Carolina Cove in Pigeon Forge, offers an amenity rarely found in the Smokies—its own outdoor swimming pool—making it a highly desirable choice for larger groups and extended bookings.
1256 Bear Cub Way, Gatlinburg - 3 beds, 3 abths - Stunning mountain views, including the slopes at Ober Gatlinburg.
2226 St Moritz Ct, Gatlinburg - 2 bed, 2 bath- Beautiful mountain views and a direct overlook of Ober Gatlinburg.
4314 Carolina Cove, Sevierville - 5 bed, 5 baths - Resort-style retreat with private outdoor pool, ideal for larger parties.
This turnkey investment includes established bookings, professional property management in place (with the option to retain or self-manage), and the potential for bonus depreciation if closed in 2025. Seller is willing to assist with a smooth transition, including PM referrals, cost segregation referrals, and transfer of VRBO ratings and reviews:
Large cabin: 10.0 rating (https://www.vrbo.com/3973745)
Medium cabin: 10.0 rating (https://www.vrbo.com/4005922)
Small cabin: 9.4 rating
(https://www.vrbo.com/3973746)
A rare opportunity to own three of the Smokies' top-producing STR properties with proven performance and exceptional guest appeal. Current property manage is willing to continue managing if wanted.
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- Heating Information
- Heat Pump
- Central
- Natural Gas
- Cooling Information
- Central Air
- Ceiling Fan(s)
- Parking
- Off Street
- On Site
- House Interior
- Cathedral Ceiling(s)
Listing Courtesy: Epique Realty - 888-893-3537
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright ©2026 Knoxville Area Association of REALTORS® Multiple Listing Service. All Rights Reserved.
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EXIT TENNESSEE REALTY PROS
3278 Wears Valley Rd, Sevierville, TN 37862
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$3,970,000
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EXIT TENNESSEE REALTY PROS
3278 Wears Valley Rd, Sevierville, TN 37862