4521 Shangrila Way, Sevierville, TN 37876

$1,100,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,400 Lot Size (sq. ft.): 436 Status: Active

Current Price: $1,100,000 List Date: 1/09/2026 Last Modified: 4/11/2026

Overview

Description

Gorgeous 2021 luxury pool cabin perfectly situated between Pigeon Forge and Gatlinburg, just minutes from Dollywood and the Great Smoky Mountains National Park. This 3BR, 3.5BA income-producing cabin is a standout performer in one of the hottest short-term rental markets in the country. Step inside to a bright, open-concept layout with custom cabinetry, granite countertops, and massive windows framing stunning mountain views. The main level features a king primary suite with a spa-style tiled shower. Upstairs offers a spacious game/family room, second fireplace, and two king suites, each with a private balcony and incredible views. Premium features that consistently boost guest appeal and nightly rates. The lower level is a true showstopper with an inground heated pool, pool table, large TV, cornhole, and a relaxing hot tub on the deck--a proven revenue driver that keeps this cabin booked year-round. Already performing exceptionally well as a short-term rental and sold turnkey, full ... (Read more)

Listing Details MLS# 309646

General Property Information

Stories Total: 3
Lot Size Dimensions: PUD
Lot Size Acres: 0.01
Living Area: 3400
Above Grade Finished Area: 2266
Below Grade Finished Area: 1134
Bedrooms Total: 3
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Garage YN: No
Fireplace YN: Yes
Year Built: 2021
Bonus Room YN: No
Furnished: Furnished
Construction Type: Site Built
Planned Unit Development (PUD): Yes
View YN: Yes
List Price/SqFt: 323.53
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Cabin; Chalet; Contemporary; Craftsman Association Fee Includes: Insurance; Roads Attic Features: None Basement: Finished Construction Materials: Frame Cooling: Central Air; Electric Current Use: Investment; Single Family Documents: TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex Door Features: French Doors; Sliding Doors Exterior Features: Lighting; Rain Gutters Fireplace Features: Electric Flooring: Luxury Vinyl Heating: Electric; Heat Pump Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Granite Counters; Great Room; Walk-In Shower(s) Laundry Features: Laundry Room Levels: Three Or More Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lock Box Information: See Remarks Lot Features: Views; Zero Lot Line Patio And Porch Features: Covered; Deck Pool Features: Heated; Hot Tub; Indoor; Private Possession: Close Of Escrow Property Condition: New Construction Road Surface Type: Paved Roof: Composition Sewer: Shared Septic View: Mountain(s) Water Source: Shared Well Showing Requirements: See Remarks Room Types: Recreation Room

Location Tax and Legal

Street Number: 4521
Street Name: Shangrila
Street Suffix: Way
County: Sevier
State: TN
Zip Code: 37876
Property Sub Type: Cabin
MLS Area Major: Pigeon Forge
Subdivision Name: Mountain Shangrila

Contract Information

Original List Price: 1149000
Listing Contract Date: 2026-01-09
Auction YN: No
Owner Name: Derek Koenig. Scott Koenig
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: Yes
Association Fee: 100
Association Fee Frequency: Monthly
Association Name: Mountain Shangrila HOA
Association Phone: 305 978 9294
Association Type: Mandatory

Remarks and Miscellaneous

Public Remarks: Gorgeous 2021 luxury pool cabin perfectly situated between Pigeon Forge and Gatlinburg, just minutes from Dollywood and the Great Smoky Mountains National Park. This 3BR, 3.5BA income-producing cabin is a standout performer in one of the hottest short-term rental markets in the country. Step inside to a bright, open-concept layout with custom cabinetry, granite countertops, and massive windows framing stunning mountain views. The main level features a king primary suite with a spa-style tiled shower. Upstairs offers a spacious game/family room, second fireplace, and two king suites, each with a private balcony and incredible views. Premium features that consistently boost guest appeal and nightly rates. The lower level is a true showstopper with an inground heated pool, pool table, large TV, cornhole, and a relaxing hot tub on the deck--a proven revenue driver that keeps this cabin booked year-round. Already performing exceptionally well as a short-term rental and sold turnkey, fully furnished, and beautifully decorated, this property is ready to generate income from day one. Self-manage or choose your preferred management company. Opportunities like this are rare--a high-demand luxury pool cabin in a prime Smokies location. Come see it today!.
Directions: From Pigeon Forge Parkway go towards Gatlinburg on HWY 441. In approx. 1 mile take a left across the bridge to King Branch rd., to left on Gnatty Branch Road. In approx. 1 mile Shangri-La subdivision will be on the left. Follow to 4521 Shangri-La way on left.

Status Change Information

Major Change Timestamp: 2026-04-11T12:24:24Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-04-11T12:24:24Z
Status Change Timestamp: 2026-01-09

More Information

Fireplace Features

Fireplaces Total: 2
Electric: Yes

Main Room Levels

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Room Types

Recreation Room Level: Basement
Recreation Room: Yes

Location, Tax, and Legal

New Construction YN: No
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Sevier County
Parcel Number: 051.00
Tax Lot: 19
Tax Annual Amount: 3940.94
Tax Year: 2025

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Architectural Style

Cabin: Yes
Chalet: Yes
Contemporary: Yes
Craftsman: Yes

Association Fee Includes

Insurance: Yes
Roads: Yes

Attic Features

None: Yes

Basement

Finished: Yes

Construction Materials

Frame: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Investment: Yes
Single Family: Yes

Documents

TN Confirmation of Agency: Yes
TN Prop Residential Condition Disc or Ex: Yes

Door Features

French Doors: Yes
Sliding Doors: Yes

Exterior Features

Lighting: Yes
Rain Gutters: Yes

Flooring

Luxury Vinyl: Yes

Heating

Electric: Yes
Heat Pump: Yes

Interior Features

Cathedral Ceiling(s): Yes
Ceiling Fan(s): Yes
Granite Counters: Yes
Great Room: Yes
Walk-In Shower(s): Yes

Laundry Features

Laundry Room: Yes

Levels

Three Or More: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lock Box Information

See Remarks: Yes

Lot Features

Views: Yes
Zero Lot Line: Yes

Patio And Porch Features

Covered: Yes
Deck: Yes

Pool Features

Heated: Yes
Hot Tub: Yes
Indoor: Yes
Private: Yes

Possession

Close Of Escrow: Yes

Property Condition

New Construction: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes

Sewer

Shared Septic: Yes

View

Mountain(s): Yes

Water Source

Shared Well: Yes

Showing Requirements

See Remarks: Yes

Room Information

Room Name	Level	Remarks
Recreation Room	Basement	Large private swimming pool room with pooltable

Documents

TN Confirmation of Agency ›

TN Prop Residential Condition Disc or Ex ›

sewage disclosure ›

Rental projection ›

Listing Office: Smoky Mountain Real Estate Cor

Last Updated: April - 11 - 2026

Information deemed reliable but not guaranteed.

4521 Shangrila Way, Sevierville, TN 37876 (MLS# 309646)