449 Lucerne Way, Gatlinburg, TN 37738

$949,909
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,440 Lot Size (sq. ft.): 27,443 Status: Active
Current Price: $949,909 List Date: 4/03/2026 Last Modified: 4/17/2026

Overview

Description

Amazing Views!!! This cabin is a proven income-generating vacation rental. It earned $146,000.00 in 2023, $115,000.00 in 2024, $ 80,000.00 in 2025 (when the cabin was not rented due to a sale), and now, in 2026, it already has $62,000+ on the books and reserved. The cabin is expected to bring in over $120,000 this year! It features revenue-enhancing amenities, including a theater room, game room, sauna, hot tub, and expansive decks with panoramic Smoky Mountain views. Located in the desirable Cobbly Nob Resort near Gatlinburg and the Great Smoky Mountains National Park, this property offers investors a turnkey short-term rental with a strong historical performance and continued booking momentum.

Listing Details MLS# 311090

General Property Information

Stories Total
2
Lot Size Dimensions
170.49 X 210.71 IRR
Lot Size Acres
0.63
Lot Size Source
Public Records
Living Area
3440
Living Area Source
Public Records
Above Grade Finished Area
3440
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Garage YN
Yes
Garage Spaces
2
Fireplace YN
Yes
Year Built
1997
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
---
Property Attached YN
No
Construction Type
Site Built
Planned Unit Development (PUD)
No
View YN
Yes
List Price/SqFt
276.14
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Unfinished Area Total
0
Carport Spaces
0

Property Features

Appliances: Dryer; Microwave Range Hood Combo; Refrigerator; Washer Architectural Style: Cabin Association Amenities: Clubhouse; Pool; Tennis Court(s); Other Attic Features: None Basement: Finished Community Features: Clubhouse; Golf; Pool Construction Materials: Log; Log Siding; Wood Siding Cooling: Central Air Fireplace Features: Gas Log Flooring: Hardwood Heating: Central Interior Features: Other Listing Terms: Cash; Conventional; VA Loan Lot Features: Near Golf Course; Private; Views Parking Features: Asphalt; Garage Door Opener; Main Level Garage Sewer: Septic Tank View: Mountain(s) Water Source: Public

Location Tax and Legal

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

Contract Information

Original List Price
949999
Listing Contract Date
2026-04-03
Auction YN
No
Owner Name
Pharr & Russell II
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
Yes
Association Fee
156
Association Fee Frequency
Monthly
Association Name
Cobbly Nob POA
Association Phone
865-436-9630
Association Email
admin@cpnoa.com
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Amazing Views!!! This cabin is a proven income-generating vacation rental. It earned $146,000.00 in 2023, $115,000.00 in 2024, $ 80,000.00 in 2025 (when the cabin was not rented due to a sale), and now, in 2026, it already has $62,000+ on the books and reserved. The cabin is expected to bring in over $120,000 this year! It features revenue-enhancing amenities, including a theater room, game room, sauna, hot tub, and expansive decks with panoramic Smoky Mountain views. Located in the desirable Cobbly Nob Resort near Gatlinburg and the Great Smoky Mountains National Park, this property offers investors a turnkey short-term rental with a strong historical performance and continued booking momentum.
Directions
From the Gatlinburg Parkway, turn onto Hwy 321 E and continue approximately 11 miles. Turn left into Cobbly Nob Resort onto Butler Branch Rd, then right onto Old Webb Creek Rd. Turn left onto Matterho

Status Change Information

Major Change Timestamp
2026-04-17T12:11:55Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-17T12:11:55Z
Status Change Timestamp
2026-04-03

More Information

Fireplace Features

Fireplaces Total
Yes
Gas Log
Yes

Location, Tax, and Legal

Zip +4
6419
New Construction YN
No
Restrictive Covenants YN
Yes
Zoning
A 1
Zoning Entity
---
Parcel Number
110B B 038.00
Tax Lot
57
Book/Page/Doc #
5898/648/21035955
Tax Annual Amount
2660.45
Tax Year
2025
City Tax
0
County Tax
2660.45

Appliances

Dryer
Yes
Microwave Range Hood Combo
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes

Association Amenities

Clubhouse
Yes
Pool
Yes
Tennis Court(s)
Yes
Other
Yes

Attic Features

None
Yes

Basement

Finished
Yes

Community Features

Clubhouse
Yes
Golf
Yes
Pool
Yes

Construction Materials

Log
Yes
Log Siding
Yes
Wood Siding
Yes

Cooling

Central Air
Yes

Flooring

Hardwood
Yes

Heating

Central
Yes

Interior Features

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Lot Features

Near Golf Course
Yes
Private
Yes
Views
Yes

Parking Features

Asphalt
Yes
Garage Door Opener
Yes
Main Level Garage
Yes

Sewer

Septic Tank
Yes

View

Mountain(s)
Yes

Water Source

Public
Yes
Listing Office: Your Home Sold Guaranteed Real
Last Updated: April - 17 - 2026
Information deemed reliable but not guaranteed.