1949 Orchard Drive
About This Property
Officially a 3 bedroom, 3 bathroom cabin, it lives like a 5 bedroom with two bonus sleeping rooms, featuring 3 king beds, 2 queen beds, 2 bunk beds, and 2 sleeper sofas. The grandfathered occupancy of 20 is a rare advantage in today's STR market, allowing owners to accommodate larger groups and maximize revenue.
Inside, you'll find a beautifully remodeled kitchen with granite countertops, stainless steel appliances, and a boutique-style coffee bar that opens to a spacious living area with a 65 inch HDTV. Two bathrooms have also been tastefully updated, while the upstairs game room features a pool table and arcade games. Outside, dual wraparound decks capture incredible mountain and Pigeon Forge views, complete with swing chairs, a hot tub, and a fire pit for unforgettable evenings.
For investors looking to maximize returns, there's an excellent value-add opportunity to expand the hot tub deck and create a standout amenity such as a barrel sauna or a stargazing observatory dome. Conveniently located just minutes from Pigeon Forge, Gatlinburg, and Dollywood, A Walk in the Clouds is a rare opportunity to own a high-performing Smoky Mountain retreat with immediate income, proven cash flow, and exceptional upside.
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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 |
|---|---|---|---|
| Jan 24, 2026 | Listed by Real Broker | $1,299,000 | |
| Listed by Real Broker | |||
| Nov 3, 2022 | Sold | ||
| Sold | |||
| Aug 6, 2022 | Listed by ListWithFreedom.com | $1,135,000 | |
| Listed by ListWithFreedom.com | |||
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WHAT A VIEW! A Walk In The Clouds is a cabin you're sure to remember. Perfect STR where your guests can get away from it all and feel like they are on top of the world in this 5 bed /3 bath cabin with tons of character and a true cabin feel. Newly renovated and furnished and ready to list on Airbnb or VRBO next week! Close to the action, but far enough away to escape the crowds. The upper level features a king master suite, sitting room, pool table, bunk room, double queen room, soaking tub with some of the best views around, and a covered deck. On the main level, you'll find 2 king rooms, the living room, kitchen, and a wrap-around deck. All furnishings, decor, amenities, & professional photos convey. All that's left to do is create the listing online and you'll be hosting guests for this season's getaways in the Great Smoky Mountains.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017