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35 photos

$929,900

449 Lucerne Way, Gatlinburg, TN 37738
Gatlinburg, TN 37738
Listed by AJ Alford · Your Home Sold Guaranteed Real
Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
1997

About this home

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.

Highlights

Fireplace

Property details

MLS #
1335326
Property type
Single Family Residence
Subdivision
Cobbly Nob-Ches Ridge 1
Status
Active
Days on market
154
On market date
April 3, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.63 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Pittman Center Elementary
4.07 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
314
Student:teacher ratio
17.4:1
District
Sevier County
Middle
Gatlinburg Pittman Junior High
6.39 mi away · Grades 7-9
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
410
Student:teacher ratio
12.4:1
District
Sevier County
High
Greenbrier Alternative Learning Center
3.06 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2
Student:teacher ratio
0.7:1
District
Sevier County

Walkability

Blended score for Gatlinburg's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

19
Very car-dependent
out of 100
EPA National Walkability Index
6.2 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Gatlinburg, from live MLS data.

On the market 154 days -- 26 more days than Gatlinburg's current average of 128 days.
For reference, the median list price across 365 active listings in Gatlinburg right now is $488,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,750/mo
$185,980 down
$743,920 loan
Principal & interest$4,825
Property tax (est.)$775
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated September 4, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.