2004 Kerr Rd
About This Property
The asking price reflects the TLC and updates needed, while the setting gives you plenty to work toward: a cozy cabin-in-the-woods feel, room to spread out, and downtown Sevierville just 6.8 miles away. Morning coffee on the covered back porch overlooking the lake. Afternoons chasing crappie and striped bass or cruising the lake with mountain scenery in the distance. Evenings back at your own quiet place in the trees.
The finished interior includes 3 bedrooms, 2 bathrooms, hardwood floors throughout the living spaces and bedrooms, and tile in the bathrooms. Large windows welcome natural light and draw the wooded surroundings inside, while the open-concept upstairs loft adds another place to unwind. A manicured front landscape sets the tone on arrival, and the owners have cleared the lake view from the covered back porch. Pull up a chair, linger over dinner, and settle into the slower pace you came here to find.
Below, the unfinished walkout basement offers a blank canvas, with French doors already in place and plumbing roughed in for a third bathroom. Imagine a spacious gathering room, a game room for rainy lake days, or additional space for hosting guests.
With the main channel and Douglas Dam nearby, the setting puts fishing, boating, and exploring Douglas Lake at the heart of your getaway. For buyers exploring short-term rental potential, this location offers appeal across two vacation markets: travelers seeking a Douglas Lake escape and visitors drawn to the nearby Smoky Mountains, national park, and Sevier County attractions.
Whether your vision is a personal getaway or a place to welcome guests, it starts with the same feeling: a day on the water, dinner on the porch, and a quiet evening tucked into the trees. Bring your ideas and make this stretch of Douglas Lake a place worth coming back to.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Keller Williams West Knoxville | $579,900 | |
| Listed by Keller Williams West Knoxville | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017