449 Lucerne Way, Gatlinburg, TN 37738

$1,125,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,600 Lot Size (sq. ft.): 27,443 Status: Active

Current Price: $1,125,000 List Date: 3/17/2025 Last Modified: 7/01/2025

Description

CABIN IN THE CLOUDS - BREATHTAKING MOUNTAIN VIEWS & PROVEN INCOME PRODUCER! Welcome to Cabin in the Clouds, the ultimate Smoky Mountain retreat that offers stunning panoramic views, unmatched privacy, and top-tier amenities! This income-generating gem has brought in over $115K in net income over the past two years, making it a fantastic investment opportunity. Located in the sought-after Cobbly Nob community, this 3-bedroom, 3-bathroom log home is situated at the end of a quiet dead-end street, ensuring peace and privacy while still being easily accessible via well-maintained roads. The spacious layout includes 8 beds, comfortably sleeping up to 12 guests, making it ideal for vacation rentals or personal mountain getaways. Inside, you'll find everything needed for a luxurious and entertaining stay: ✨ Sunroom with breathtaking views 🎥 Movie room with a projector 🎮 Game room for endless fun 🔥 Cozy fireplace for ultimate relaxation 🎤 Karaoke stage for unforgettable nights 🧖 Sauna for a spa-like retreat 🚗 Two-car garage for convenience Step outside to enjoy three expansive decks, where you can soak in the hot tub while taking in the mesmerizing mountain views or simply unwind in the fresh Smoky Mountain air. Whether you're looking for a turnkey investment property or a serene mountain escape, this home delivers the perfect blend of relaxation, adventure, and income potential. Don't miss this rare opportunity—schedule your showing today!

More Information MLS# 305441

Location Tax and Legal

Street Number: 449 Street Name: Lucerne Street Suffix: Way County: Sevier State: TN Zip Code: 37738 Property Sub Type: Cabin MLS Area Major: Gatlinburg Subdivision Name: Cobbly Nob-Ches Ridge 1

Contract Information

Current Price: $1,125,000 Original List Price: 1150000 List Price: $1,125,000 Status: Active Listing Contract Date: 2025-03-17 Auction YN: No Owner Name: Pharr & Russell Listing Agreement: Exclusive Right To Sell Occupancy: Either Rental History Gross Amount 1: 115422.39 Rental History Year 1: 2024 Rental History Gross Amount 2: 146561.38 Rental History Year 2: 2023 Association YN: Yes Association Fee: 1880 Association Fee Frequency: Annually Association Name: Cobbly Nob POA Association Phone: 865-436-9630 Association Email: admin@cpnoa.com Association Type: Mandatory

General Property Information

Stories Total: 2 Lot Size Acres: 0.63 Lot Size Source: Public Records Living Area: 3600 Living Area Source: Public Records Above Grade Finished Area: 2080 Below Grade Finished Area: 1520 Bedrooms Total: 3 Bathrooms Total: 3 Bathrooms Full: 2 Bathrooms Half: 1 Garage YN: Yes Attached Garage YN: Yes Garage Spaces: 2 Fireplace YN: Yes Year Built: 1997 Bonus Room YN: Yes Number of Bonus Rooms: 3 Bonus Room Type(s): Game Room/Sunroom/Movie Room Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: No Furnished: Furnished Property Attached YN: No Construction Type: Site Built Horse YN: No Planned Unit Development (PUD): No View YN: Yes Waterfront YN: No Accessibility Features YN: No List Price/SqFt: 312.5

Remarks and Miscellaneous

Public Remarks: CABIN IN THE CLOUDS - BREATHTAKING MOUNTAIN VIEWS & PROVEN INCOME PRODUCER! Welcome to Cabin in the Clouds, the ultimate Smoky Mountain retreat that offers stunning panoramic views, unmatched privacy, and top-tier amenities! This income-generating gem has brought in over $115K in net income over the past two years, making it a fantastic investment opportunity. Located in the sought-after Cobbly Nob community, this 3-bedroom, 3-bathroom log home is situated at the end of a quiet dead-end street, ensuring peace and privacy while still being easily accessible via well-maintained roads. The spacious layout includes 8 beds, comfortably sleeping up to 12 guests, making it ideal for vacation rentals or personal mountain getaways. Inside, you'll find everything needed for a luxurious and entertaining stay: ✨ Sunroom with breathtaking views 🎥 Movie room with a projector 🎮 Game room for endless fun 🔥 Cozy fireplace for ultimate relaxation 🎤 Karaoke stage for unforgettable nights 🧖 Sauna for a spa-like retreat 🚗 Two-car garage for convenience Step outside to enjoy three expansive decks, where you can soak in the hot tub while taking in the mesmerizing mountain views or simply unwind in the fresh Smoky Mountain air. Whether you're looking for a turnkey investment property or a serene mountain escape, this home delivers the perfect blend of relaxation, adventure, and income potential. Don't miss this rare opportunity—schedule your showing today! Directions: From the Gatlinburg Parkway, turn onto 321 E Parkway at traffic light #3. Go approximately 11 miles. Turn left into Cobbly Nob Resort onto Butler Branch Rd. Turn right onto Old Webb Creek Rd. Turn left onto Matterhorn Dr. Turn left onto Overview Dr. Cabin is at the dead end of Lucerne. Property is GPS friendly.

Status Change Information

Major Change Timestamp: 2025-06-10T23:07:41Z Major Change Type: Price Reduced Price Change Timestamp: 2025-06-10T23:07:41Z Status Change Timestamp: 2025-03-17

Fireplace Features

Fireplaces Total: 1

Property Features

Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Range; Electric Water Heater; Microwave; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin; Log Association Amenities: Clubhouse; Pool; Security; Tennis Court(s) Association Fee Includes: Roads; Security Attic Features: None Basement: Basement; Finished; Full; Walk-Out Access Community Features: Golf; Pool; Tennis Court(s) Construction Materials: Log Cooling: Central Air; Electric Current Use: Investment; Single Family Documents: TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex; TN Subsrfc Sewage Disp System Permit Documents Available: Covenants; Septic Permit Exterior Features: Lighting; Rain Gutters Fencing: None Fireplace Features: Gas Log Flooring: Hardwood; Tile Heating: Central; Electric Interior Features: Cathedral Ceiling(s); Granite Counters; Great Room; Kitchen Island; Walk-In Closet(s); Walk-In Shower(s) Laundry Features: Laundry Room Levels: Two Listing Terms: 1031 Exchange; Cash; Conventional Lock Box Information: See Remarks Lot Features: Private; Views Other Equipment: Fuel Tank(s); Generator Parking Features: Attached; Garage; Garage Door Opener; Main Level Garage Patio And Porch Features: Covered; Deck; Porch; Other Pool Features: Community; Outdoor Pool Possession: Close Of Escrow Rental: Rental History; Self Managed Road Frontage Type: Private Road Road Responsibility: Private Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Septic Tank Utilities: Electricity Connected; High Speed Internet Connected; Water Connected View: Mountain(s) Water Source: Public Window Features: Double Pane Windows; Skylight(s) Showing Requirements: Appointment Only; Call Listing Agent; See Remarks