206 Cobblestone Way
About This Property
Inside, you'll find soaring cathedral ceilings, exposed beams, and a stunning stone fireplace anchoring the open-concept living space. The kitchen features custom wood cabinetry, stainless appliances, and a large breakfast bar for easy entertaining. A versatile loft overlooks the main living area--perfect for a home office or additional lounge space.
The primary suite offers a private retreat with an ensuite bath and direct access to a screened-in deck for year-round enjoyment. Two additional bedrooms each have convenient access to full baths, making the layout ideal for guests or renters.
A standout feature is the fully insulated, soundproofed workshop--complete with ventilation and all tools included--perfect for woodworking or hobbies.
Outside, enjoy the expansive wraparound deck surrounded by peaceful woods, ideal for morning coffee or winding down after a day in the mountains.
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | Listed by eXp Realty | $799,000 | |
| Listed by eXp Realty | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 2, 2025 | Listed by eXp Realty, LLC 7720 | $824,900 | |
| Listed by eXp Realty, LLC 7720 | |||
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Escape to the peaceful side of the Smokies with this breathtaking 3-bedroom, 3-bathroom log cabin, expertly crafted from premium Western Red Cedar logs sourced from Canada. Nestled in the heart of Townsend, TN, this stunning retreat offers the perfect blend of rustic elegance and modern comfort, making it an ideal primary residence, vacation home, or short-term rental investment.
Step inside to be greeted by soaring cathedral ceilings, exposed cedar beams, and a grand stone fireplace, creating a warm and inviting atmosphere. The spacious, open-concept living area flows seamlessly into the kitchen, which features custom wood cabinetry, stainless steel appliances, and a large breakfast bar counter—perfect for casual dining or gathering with family and friends.
Overlooking the living area is a versatile loft space, ideal for a home office, reading nook, or additional hangout area. Whether you need a quiet workspace or a cozy retreat for relaxing, this loft offers endless possibilities.
The primary suite provides a private sanctuary with its own en-suite bath, and just outside the bedroom, you'll find a screened-in portion of the deck, offering a peaceful, enclosed outdoor space to enjoy the fresh mountain air year-round. The additional two bedrooms have convenient access to their own full bathrooms, making this cabin ideal for hosting family, friends, or rental guests.
A true highlight of this property is the woodworker's dream workshop—a fully equipped, insulated space designed for serious craftsmanship. Thoughtfully constructed with a ventilation system for dust control and soundproofing to prevent noise from reaching the rest of the home, this workshop is the perfect environment for woodworking, crafting, or any hands-on hobby. Best of all, all tools and equipment are included, making it a turnkey setup.
Step outside onto the expansive wraparound deck, where you can relax in the rocking chairs and take in the tranquil wooded surroundings. Whether you're enjoying your morning coffee or unwinding under the stars, this cabin provides the ultimate Smoky Mountain escape.
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| Oct 1, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017