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1029 Street Of Dreams Rd, Gatlinburg, TN 37738
$1,250,000
Property Type:
Residential
Bedrooms:
3
Baths:
4
Square Footage:
3,840
Lot Size (sq. ft.):
21,344
Status:
Closed
Current Price:
$1,250,000
List Date:
4/04/2025
Last Modified:
7/08/2025
Overview
Description
...
(Read more)
No management restrictions, a gated community, and breathtaking mountain views make this 2020-built cabin a prime investment opportunity in the Great Smoky Mountains short-term rental market. This stunning property sleeps 14 guests and has consistently generated over $140,000 in annual revenue for the past two years under self-management. To further enhance its potential, the owners recently partnered with Avada, a top local management company, to maximize occupancy and revenue.
Inside, the cabin features a large game room on the third floor with a pool table, air hockey, and an arcade. Three spacious bedrooms on this level each open onto a covered deck, offering guests incredible mountain views. The lower level boasts a full theater with theater seating and additional space to customize. Just steps from the theater room, guests can enjoy a private indoor pool, perfect for year-round use. Step out onto the deck and relax in the large hot tub while taking in the stunning natural surroundings. This property is designed to offer an exceptional guest experience, making it an attractive option for short-term rental success.
This turn-key cabin is ready to start generating income from day one after closing. Whether you are looking to self-manage or work with a management company, this investment offers complete flexibility with no restrictions. Some properties in this community have management limitations, but this one does not, making it a rare find for serious investors. Check out the full video walkthrough on YouTube by searching the property address and review the documents provided to confirm its unrestricted status. This is a true win-win for those looking to enter or expand in the Great Smoky Mountains Airbnb and short-term rental market.
Listing Details MLS# 305774
General Property Information
- Stories Total
- 3
- Lot Size Acres
- 0.49
- Living Area
- 3840
- Above Grade Finished Area
- 2560
- Below Grade Finished Area
- 1280
- Bedrooms Total
- 3
- Bathrooms Total
- 4
- Bathrooms Full
- 3
- Bathrooms Half
- Yes
- Garage YN
- No
- Fireplace YN
- Yes
- Year Built
- 2020
- Bonus Room YN
- Yes
- Number of Bonus Rooms
- Yes
- Bonus Room Type(s)
- Game room
- List Price/SqFt
- 338.28
- Sold Price/SqFt
- 325.52
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Microwave; Refrigerator; Self Cleaning Oven; Washer
Architectural Style:
Cabin
Basement:
Finished
Construction Materials:
Block; Frame
Cooling:
Central Air
Documents:
TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex; TN Subsrfc Sewage Disp System Permit
Fireplace Features:
Electric
Flooring:
Hardwood; Tile
Heating:
Forced Air; Heat Pump
Interior Features:
Cathedral Ceiling(s); Kitchen Island; Walk-In Closet(s)
Laundry Features:
Electric Dryer Hookup
Levels:
Three Or More
Listing Terms:
1031 Exchange; Cash; Conventional
Lot Features:
Wooded
Parking Features:
Off Street
Patio And Porch Features:
Deck
Pool Features:
Indoor; Private
Possession:
Close Of Escrow
Roof:
Metal
Sewer:
Septic Tank
Water Source:
Public
Showing Requirements:
Call Listing Agent; See Remarks
Location Tax and Legal
- Street Number
- 1029
- Street Name
- Street Of Dreams Rd
- County
- Sevier
- State
- TN
- Zip Code
- 37738
- Property Sub Type
- Cabin
- MLS Area Major
- Gatlinburg
- Subdivision Name
- Other
Contract Information
- Original List Price
- 1300000
- Listing Contract Date
- 2025-04-04
- Auction YN
- No
- Owner Name
- Jessalyn Wanlim
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Association YN
- Yes
- Association Fee
- 300
- Association Fee Frequency
- Monthly
- Association Name
- Outback Downunder
- Association Phone
- NA
- Association Type
- Mandatory
Remarks and Miscellaneous
- Public Remarks
- No management restrictions, a gated community, and breathtaking mountain views make this 2020-built cabin a prime investment opportunity in the Great Smoky Mountains short-term rental market. This stunning property sleeps 14 guests and has consistently generated over $140,000 in annual revenue for the past two years under self-management. To further enhance its potential, the owners recently partnered with Avada, a top local management company, to maximize occupancy and revenue. Inside, the cabin features a large game room on the third floor with a pool table, air hockey, and an arcade. Three spacious bedrooms on this level each open onto a covered deck, offering guests incredible mountain views. The lower level boasts a full theater with theater seating and additional space to customize. Just steps from the theater room, guests can enjoy a private indoor pool, perfect for year-round use. Step out onto the deck and relax in the large hot tub while taking in the stunning natural surroundings. This property is designed to offer an exceptional guest experience, making it an attractive option for short-term rental success. This turn-key cabin is ready to start generating income from day one after closing. Whether you are looking to self-manage or work with a management company, this investment offers complete flexibility with no restrictions. Some properties in this community have management limitations, but this one does not, making it a rare find for serious investors. Check out the full video walkthrough on YouTube by searching the property address and review the documents provided to confirm its unrestricted status. This is a true win-win for those looking to enter or expand in the Great Smoky Mountains Airbnb and short-term rental market.
- Directions
- From Pigeon Forge, head toward Gatlinburg on US 321/US441 (Parkway). Turn RIGHT onto Wiley Oakley Dr. Keep straight to get onto N Woodland Dr. Turn LEFT onto Street Of Dreams, cabin will be on your Left.
Status Change Information
- Major Change Timestamp
- 2025-07-08T13:31:52Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2025-05-17T01:13:44Z
- Status Change Timestamp
- 2025-07-08
- Purchase Contract Date
- 2025-06-14
- Close Date
- 2025-06-27
- Close Price
- 1250000
- Buyer Financing
- Cash
- Concessions Comments
- 3,500
- Anticipated Closing Date
- 2025-06-27
More Information
Fireplace Features
- Fireplaces Total
- Yes
- Electric
- Yes
Location, Tax, and Legal
- New Construction YN
- No
- Restrictive Covenants YN
- Yes
- Zoning
- R-1
- Zoning Entity
- Sevier County
- Parcel Number
- 116O C 010.00
- Tax Lot
- 10
- Tax Annual Amount
- 4135.71
- Tax Year
- 2024
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Self Cleaning Oven
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
Basement
- Finished
- Yes
Construction Materials
- Block
- Yes
- Frame
- Yes
Cooling
- Central Air
- Yes
Documents
- TN Confirmation of Agency
- Yes
- TN Prop Residential Condition Disc or Ex
- Yes
- TN Subsrfc Sewage Disp System Permit
- Yes
Flooring
- Hardwood
- Yes
- Tile
- Yes
Heating
- Forced Air
- Yes
- Heat Pump
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Kitchen Island
- Yes
- Walk-In Closet(s)
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
Levels
- Three Or More
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Wooded
- Yes
Parking Features
- Off Street
- Yes
Patio And Porch Features
- Deck
- Yes
Pool Features
- Indoor
- Yes
- Private
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Metal
- Yes
Sewer
- Septic Tank
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- See Remarks
- Yes
Listing Office:
United Real Estate Solutions
Last Updated: July - 08 - 2025
Information deemed reliable but not guaranteed.
TN Confirmation of Agency ›