1583 Nicoha Blvd
About This Property
Set in the sought-after Nicoha Estates, this 3-bedroom, 3-bathroom cabin offers 2,352 square feet of well-appointed mountain living with sweeping Smoky Mountain views. Currently operated as a successful vacation rental, this turnkey property is equally suited as a full-time residence, second home, or continued income-producing investment.
The cabin is built for both relaxing and entertaining, with a hot tub, outdoor fire pit, and multiple fireplaces creating cozy gathering spots year-round. A standout lower-level game room delivers built-in entertainment with a jukebox, foosball table, and multicade arcade game -- a favorite feature for guests and owners alike. Spacious common areas and three well-sized bedrooms provide comfortable accommodations, with plenty of room to host family and friends.
Tucked into the natural beauty of the Smokies yet just minutes from Gatlinburg's shops, dining, and attractions, this cabin combines mountain seclusion with everyday convenience. Whether you're looking to continue its track record as a rental or make it your own mountain getaway, Nicoha offers a rare combination of location, amenities, and income potential.
Highlights:
3 bedrooms, 3 bathrooms, 2,352 sq ft
Located in Nicoha Estates near Gatlinburg, TN
Hot tub and outdoor fire pit
Multiple fireplaces
Lower-level game room with jukebox, foosball, and multicade arcade
Smoky Mountain views
Proven vacation rental with strong amenity package
Disclaimer: Information deemed reliable but not guaranteed. Buyer to verify all square footage, amenities, rental history, and other details independently. Furnishings, decor, and included items are subject to change at the seller's discretion.
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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%.
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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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Real Broker | $825,000 | |
| Listed by Real Broker | |||
| Feb 23, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by Reliant Realty ERA Powered | $899,999 | |
| Listed by Reliant Realty ERA Powered | |||
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With incredible sunrises, sunsets, and a view of the mountains, Nicoha Lodge is your perfect mountain retreat! The area is peaceful, the cabin is spacious, & there are 3 large master suites. Each master suite has their own full bathroom with Ultra-Bath whirlpools and private entrance onto the back decks. Two half-bathrooms (for a total of 5 bathrooms), one upstairs in the main living area, one downstairs off the game room/second living area. Huge open living/dining/kitchen. Refrigerator, dishwasher, microwave, and stove/oven all new as of 2020/2021. Gas fireplace in the upstairs living room and two exits to the back deck. Total of 3 decks on the cabin, bottom back deck has a hot tub. Level drive-thru parking for multiple cars on this corner lot. No HOA fees. Cabin stained in 2020. 3 King beds and 3 sleeper sofas for a total sleeping space of 12 guests. 2021 gross revenue $115,101 from Airbnb only. Nicoha Lodge currently has bookings as far as into June. Showing available 1/27/22 until 2:30pm. COMPLETELY TURNKEY!
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| Jan 13, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017