$849,000
↓ $40K (4.5%)
●
House -
For Sale
2607 Sunset Circle
Sevierville, TN 37862
3 Beds
3 Baths
3,352 Ft²
$4,449
Est. Monthly
$63
HOA / Fees
About This Property
An established short-term rental sold fully furnished and turnkey.
This custom log home sleeps 10 with a rare layout advantage: a king
master suite with private ensuite bath on all three levels, plus a
loft with two twin daybeds and trundles that sleeps four more. The
amenity set is exactly what drives bookings in this market right
now: a private sauna, hot tub, mountain views off two oversized
decks, and a whole home generator for peace of mind.
This was built in 2008 as a custom home, not a rental spec build, and the quality shows: metal roof, cathedral ceilings, hardwood floors, tongue and groove throughout, two gas log fireplaces, hickory cabinets, zoned HVAC, and a true laundry room. The main level has an open concept living, dining and kitchen with a wall of windows, the first king suite, and a wrap-around deck with the hot tub. Upstairs is the second king suite with a whirlpool tub and the open loft. The lower level is handicapped accessible with a roll-in shower and 36-inch wide doorways, and holds the third king suite plus a second family room with space for a pool table.
It all sits inside Shagbark, a 1,300-acre gated community with a 24/7 staffed gate, seasonal pool, tennis and basketball courts, on the Wears Valley side of Pigeon Forge with back-road routes around Parkway traffic.
This was built in 2008 as a custom home, not a rental spec build, and the quality shows: metal roof, cathedral ceilings, hardwood floors, tongue and groove throughout, two gas log fireplaces, hickory cabinets, zoned HVAC, and a true laundry room. The main level has an open concept living, dining and kitchen with a wall of windows, the first king suite, and a wrap-around deck with the hot tub. Upstairs is the second king suite with a whirlpool tub and the open loft. The lower level is handicapped accessible with a roll-in shower and 36-inch wide doorways, and holds the third king suite plus a second family room with space for a pool table.
It all sits inside Shagbark, a 1,300-acre gated community with a 24/7 staffed gate, seasonal pool, tennis and basketball courts, on the Wears Valley side of Pigeon Forge with back-road routes around Parkway traffic.
Unit Size
3,352 Ft²
Days on Market
94 days
Land Size
0.46 acres
Price per sqft
$253
Property Type
House
Property Taxes
$217
HOA Dues
$63
Year Built
2008
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago ( #312745)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2026 | Price Decreased |
$849,000
↓ $40K
(4.5%) | |
| Price Decreased | |||
| Jun 29, 2026 | Listed by eXp Realty, LLC 7720 | $889,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| Sep 16, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by Smoky Mountain Real Estate Corp | $499,900 | |
| Listed by Smoky Mountain Real Estate Corp | |||
   | |||
|
Never on rental! And this home offers so much... 3BR/3BA log sided home Plus huge loft area as well as second downstairs seating area with space to fit a pool table. Located close to pigeon forge in the Gated Shagbark community with beautiful views and privacy! Enjoy mountain sunrises from the many covered decks or Gazebo that was built to hold a Hot-tub. Designed to be a permenant home with an open floor plan on the main level and handicapped accessible on the lower level with roll in shower and 36in wide door. This beautiful home boasts 3 levels, each with a master suite, 2 whirlpool tubs, and tileshowers. Boasting hardwood floors, cathedral ceilings, lots of large windows for plenty of natural lighting, spacious loft with excellent views and room for a bed and game area or just extra sleeping, 2 gas log fireplaces, hickory cabinets, and tongue and groove throughout. Includes appliances, An actual laundry room with front load Washer and Dryer as well as utility sink. The home has been very well taken care of. The Shagbark community has monitored security, along with a clubhouse, pool, and tennis courts. It has storage and closets. There is a built in office in the basement that can easially be turned into a wet bar. Make this your Home in the smokies, Second home or a great upscale rental investment. The home speaks for itself. Perfect Rent it till you retire cabin... newer zoned HVAC as well 650 ft well so 480 Gal of water storage in the well. Don't overlook this one it is a must see.
| |||
| Nov 18, 2019 | Listed by Smoky Mountain Real Estate Corp | $525,000 | |
| Listed by Smoky Mountain Real Estate Corp | |||
   | |||
|
Never on rental! 3BR/3BA log home in Gated Shagbark community with beautiful views and privacy! Enjoy mountain sunrises from the many covered decks or Gazebo that was built to hold a Hot-tub. Designed with an open floor plan on the main level and handicapped accessible on the lower level with roll in shower and 36in wide door. This beautiful home boasts 3 levels, each with a master suite, whirlpool tubs, and tile showers. Boasting hardwood floors, cathedral ceilings, lots of large windows for plenty of natural lighting, spacious loft with excellent views, 2 gas log fireplaces, hickory cabinets, and tongue and groove throughout. Includes appliances, An actual laundry room with Washer and Dryer as well as utility sink. This home has never been on rental and has been very well taken care of. Professionally landscaped! Located in the Shagbark gated community w/ monitored security, along with a clubhouse, pool, and tennis courts. This home was built to be a permenant home so it has storage. There is a built in office in the basement that can easially be turned into a wet bar. Make this your Home in the smokies, Second home or a great upscale rental investment. The home speaks for itself. Lots of decks, newer zoned HVAC. This one truly won't last!!
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Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 3
Interior Features: Cathedral Ceiling(s), Ceiling Fan(s)
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
Flooring Type: Wood
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 2
Exterior Details
Square Footage: 3352
Architectural Style: Cabin
Year Built: 2008
Building Area Total: 3352
Levels: Three Or More
Construction Materials: Log
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Acres: 0.46
Lot Size Square Feet: 20037.6
Tax Lot: 14
Water Source: Well
Financial Details
Tax Annual Amount: $2,609
Utilities Details
Cooling Type: Electric, Heat Pump, Zoned
Heating Type: Electric, Heat Pump, Zoned
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Security, Roads
HOA/Condo/Coop Amenities: Clubhouse, Pool, Security, Tennis Court(s)
HOA Fee: $750
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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