2241 Legend Drive
About This Property
Built in 2006, the home showcases massive Canadian timbers, rich wood finishes, and a dramatic great room with cathedral ceilings, walls of glass, and an oversized stacked-stone fireplace with a custom-carved mantel. Natural light fills the open living spaces, highlighting warm textures and the panoramic mountain backdrop. Multiple ensuite bedrooms offer comfort and privacy, and the kitchen and oversized dining area provide easy flow for serving large gatherings.
Designed for year-round enjoyment, the property includes a heated indoor swimming pool, a game room, and wrap-around covered decks that extend the living area outdoors. This lodge offers multiple zones for dining, relaxing, or simply taking in the mountain scenery. Set on a 0.64-acre lot with mature landscaping and wooded privacy, the home feels like a serene retreat while remaining just minutes from Dollywood, the Pigeon Forge Parkway, The Island in Pigeon Forge, downtown Gatlinburg, Ober Mountain, and the Great Smoky Mountains National Park-some of the most sought-after destinations in East Tennessee.
With its flexible floor plan, multiple gathering areas, private suites, and impressive amenities, this residence stands out in Smoky Mountain real estate. It offers a rare opportunity for buyers seeking a luxurious mountain retreat, a multigenerational getaway, or a high-demand vacation property in one of the most visited destinations in the Southeast. Schedule your private showing and experience this remarkable lodge for yourself.
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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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | Listed by eXp Realty | $1,800,000 | |
| Listed by eXp Realty | |||
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | Listed by Century 21 MVP | $2,999,900 | |
| Listed by Century 21 MVP | |||
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ONE OF A KIND Smoky Mountain Lodge with INDOOR swimming pool and well established rental history! Gorgeous large Canadian Timbers adorn this lodge and give it a unique character and feel. Generous great room is complete with walls of glass and soaring cathedral ceilings that draws your focus to the oversized stacked stone fireplace and custom carved mantel. 6 full generous suits provide ample space for guests. Fully outfitted game room and heated indoor swimming pool round out the property and make it a high income producer. Extensive landscaping provides additional outdoor livings space that pairs extremely well with he generous wrap around and covered decks. Spacious kitchen is open and great for entertaining large parties! This property boasts an estimated 12.9% ROI for a cash purchase and 42% ROI with a 20% down purchase. This investment can cash flow! Multiple recent updates and upgrades including: new furniture, dishwasher, landscaping, 32' retaining wall, and deck railing replacements!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017