by Lee Lin

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Sevier 37862
3046 Walters Way
$530,000
↓ $24K (4.3%)
● House - For Sale

3046 Walters Way

Sevierville, TN 37862
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,672 Ft²
$2,761
Est. Monthly
$42
HOA / Fees

About This Property

LOCATION LOCATION LOCATION !!! In the beautiful Great Smoky Mountains, EXCELLENT INVESTMENT OPPORTUNITY. Estimated INCOME if leased full time of $62K +. Already reduced for quick Sale. Perfect Location for You and Guests !!! Sitting in the beautiful Great Smoky Mountains, minutes from Pigeon Forge and Gatlinburg entertainment and restaurants. 'Happy Cub' cabin offers everything needed for Short-Term rentals - - fully furnished & fully equipped. The main floor with new paint and new rugs in the Living area and Kitchen can seat up to 6+ guests. A propane Fireplace offers ambiance and the fully-furnished 30-foot rear deck overlooks the forest. The newly furnished King-Master Suite includes a grand bathroom with jacuzzi plus shower/tub combo. Enjoy coffee or read a book on the private master back deck. In 2025 added a large 2nd bedroom in the lower level with a Queen suite coupled with two roll-out Futons. Overall the cabin sleeps 6-8. The outdoor Hot Tub is fully covered with large wood gazebo, a bench and a bistro table set. Guests can enjoy a long walk through the area and has a Privately-stocked Pond for all homeowners/guests to fish. Well-maintained cabin comes turnkey (Kitchen appliances, dishes and silverware, cookware, bowls, pots and pans, towels, linens and blankets, supplies for future guests, ironing board, washer & dryer, etc.) Owners currently lease part-time as short-term rental for instant income with an established Airbnb & VRBO guest list. The other 6 months of year Owners visit/stay in their Cabin. All rooms have TV's which remain. Cabin is truly move-in ready and has a Solid Short Term Lease clientele list into 2027.
Unit Size
1,672 Ft²
Days on Market
88 days
Land Size
0.42 acres
Price per sqft
$317
Property Type
House
Property Taxes
$117
HOA Dues
$42
Year Built
1998

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Last updated: 7 days ago (Realtracs #RTC3336227)

Price History

Date / Event Date Event Price
Oct 1, 2026 Price Decreased $530,000
↓ $24K (4.3%)
Price Decreased
Aug 6, 2026 Listed by Falaya $554,000
Listed by Falaya
May 26, 2026 Listed by Falaya, LLC $554,000
Listed by Falaya, LLC
EXCELLENT INVESTMENT OPPORTUNITY. Estimated INCOME if leased full time of $62K +. Already reduced for quick Sale. Perfect Location for You and Guests !!! Sitting in the beautiful Great Smoky Mountains, minutes from Pigeon Forge and Gatlinburg entertainment and restaurants. 'Happy Cub' cabin offers everything needed for Short-Term rentals - - fully furnished & fully equipped. The main floor with new paint and new rugs in the Living area and Kitchen can seat up to 6+ guests. A propane Fireplace offers ambiance and the fully-furnished 30-foot rear deck overlooks the forest. The newly furnished King-Master Suite includes a grand bathroom with jacuzzi plus shower/tub combo. Enjoy coffee or read a book on the private master back deck. In 2025 added a large 2nd bedroom in the lower level with a Queen suite coupled with two roll-out Futons. Overall the cabin sleeps 6-8. The outdoor Hot Tub is fully covered with large wood gazebo, a bench and a bistro table set. Guests can enjoy a long walk through the area and has a Privately-stocked Pond for all homeowners/guests to fish. Well-maintained cabin comes turnkey (Kitchen appliances, dishes and silverware, cookware, bowls, pots and pans, towels, linens and blankets, supplies for future guests, ironing board, washer & dryer, etc.) Owners currently lease part-time as short-term rental for instant income with an established Airbnb & VRBO guest list. The other 6 months of year Owners visit/stay in their Cabin. All rooms have TV's which remain. Cabin is truly move-in ready and has a Solid Short Term Lease clientele list into 2027.
Aug 24, 2023 Listed by Mountain Realty Group $499,000
Listed by Mountain Realty Group
This cozy 1 bedroom, 2 1/2 bath cabin is in the beautiful setting of Wears Valley. It is located in Hidden Lake Estates within minutes to the Smoky Mountain National Park, 5.6 miles to Pigeon Forge, and approx. 12.3 miles to Gatlinburg. Great location for guests to access all the activities for tourists. It has easy access to the main road. Enjoy the great room with kitchen and dining table and fireplace. Just outside of the great room is a deck . Upstairs you have your primary bedroom with an ensuite including a jacuzzi tub. There is another deck for you to enjoy right off the primary bedroom. Head downstairs from the main level and enjoy a game room with a pool table. Off the game room step outdoors to a gazebo with a hot tub. This cabin offers relaxation and recreation. Recent improvements include a new roof and new a/c. It is a great overnight rental or you could have your own permanent mountain retreat! Home is currently under a home warranty until December 10th 2026 and should be transferable to the buyer.
Sep 24, 2020 Sold
Sold
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Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Hot Tub
Appliances: Dishwasher, Microwave, Washer
Flooring Type: Wood, Tile
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Basement: Finished, Walk-Out Access
Exterior Details
Square Footage: 1672
Square Footage Source: $0
Architectural Style: Cabin
Year Built: 1998
Building Area Total: 1672
Levels: One
Building Area Units: Square Feet
Construction Materials: Block, Frame
Patio and Porch Features: Porch, Covered
Lot Features: Views, Wooded
Lot Size Area: 0.42
Lot Size Units: Acres
Lot Size Acres: 0.42
Lot Size Square Feet: 18295.2
Lot Size Dimensions: 116.28 X 279.50 IRR
Water Source: Public
Financial Details
Tax Annual Amount: $1,399
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Heat Pump
Sewer : Septic Tank
Location Details
HOA Fee: $500
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Depth Feet: 2,795
  • Lot Size Frontage Feet: 1,163
  • Total Building Area: 1,672
  • Gross Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: R

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: HIDDEN LAKE EST
  • Land Acres: 0000000420
  • Standard Land Use Code: 2000
  • County Land Use Code: 08
  • State Land Use Code: C00
  • Legal Description 1: HIDDEN LAKE EST PB 28 PG 208 LOT 35 116.28 X 279.50 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 104N
  • District: 06
  • Parcel: 104N-C-032.00
  • Lot: 35
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7543
  • Longitude: -83.6132

    Address

  • Full Address: 3046 Walters Way
  • Address - House Number: 3046
  • Address - Street Name: Walters
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 628
  • Tax Year: 2023
  • Tax Amount: $139,900
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 485,065
  • High Value: 527,567
  • Low Value: 442,563

    Market Valuation

  • Market Total Value: $236,400
  • Market Land Value: $24,000
  • Market Improvement Value: $212,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $94,560
  • Assessed Land Value: $9,600
  • Assessed Improvements Value: $84,960

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20033085
  • Previous Sale Recording Date: Aug 05, 2013
  • Previous Sale Contract Date: Jul 25, 2013
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sevier


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Frequently Asked Questions

When was property at 3046 Walters Way built and last sold?
The property at 3046 Walters Way was built in 1998 and last sold on Sep 23, 2020 for $260,100.
How much is this home worth?
The estimated value of the home located at 3046 Walters Way is $538,188.
What are some comparable homes to 3046 Walters Way?
There are currently no comparable homes to 3046 Walters Way.