1031 Elm Circle
About This Property
Located in the highly sought-after Sky Harbor community, this charming cabin sits perfectly between Pigeon Forge and Gatlinburg, giving you quick access to both without paying city taxes to either. You are just a short drive to the Parkway, putting you close to all the attractions while still enjoying privacy and a true mountain setting.
Inside, the cabin features an updated main-level bathroom conveniently located next to the primary bedroom. The open-concept living area offers a warm and inviting space with a beautiful fireplace, seamlessly connecting the kitchen and living room--perfect for entertaining or relaxing after a day in the mountains.
Downstairs, the game room adds that must-have Airbnb appeal, with plenty of space to expand and customize for even greater rental performance. Step outside onto the private deck surrounded by wooded views--your own peaceful retreat. Whether you are soaking in the hot tub or unwinding in the fresh mountain air, this space is designed for guests to escape the crowds.
Parking is simple and convenient with easy parallel access right in front of the cabin.
This property is being sold fully furnished and turnkey, currently used as a second home with short-term rental usage. Major updates include a roof that is only 1.5 years old and an HVAC system replaced in 2020, giving buyers added peace of mind. The cabin is serviced by well and septic, with an average electric bill of approximately $150 per month and internet/cable around $100 per month.
This cabin has been well maintained, is truly turnkey, and is just waiting for you to step in and enjoy your own peaceful Smoky Mountain retreat.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Sold | ||
| Sold | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by United Real Estate Solutions | $450,000 | |
| Listed by United Real Estate Solutions | |||
| Apr 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 22, 2026 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017