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1149 Tranquility Hills Way
About This Property
Don't miss this charming 2-bedroom, 2-bath home with a bonus room, offering plenty of space, storage, and convenience. In addition to the home's generous storage areas, you'll find a detached workshop with its own private driveway and an outdoor storage shed--perfect for hobbies, tools, or extra workspace.
Conveniently located across from Jones Cove Elementary School, this property offers easy access to Sevierville, Pigeon Forge, Gatlinburg, Cosby, and Newport and is eligible for short-term rental use, making it an excellent opportunity for both homeowners and/or investors.
Inside, you'll love the open-concept floor plan featuring beautiful plank flooring throughout the main living area, warm tongue-and-groove walls, and a cozy gas log fireplace that creates the perfect gathering space. The spacious kitchen flows seamlessly into the living and dining areas, making it ideal for everyday living and entertaining.
Step outside to enjoy the large covered deck, where you can take in distant mountain views, or unwind in the private, secluded hot tub after a long day.
Additional features include utility water, multiple high-speed internet and cable provider options (no satellite dish required), and a location that combines peaceful country living with convenient access to the area's attractions, dining, shopping, and outdoor recreation.
This is a rare opportunity to own a versatile property in a prime Sevier County location--whether you're looking for a primary residence, vacation home, or investment property. Schedule your private showing today!
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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 2, 2026 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Aug 6, 2026 | Listed by Prime Mountain Properties | $329,900 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017