by Lee Lin

See Home Value
Sevier 37862
3049 Brothers Way
$495,000
● House - Off Market

3049 Brothers Way

Sevierville, TN 37862
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,200 Ft²
$2,826
Est. Monthly
$300
HOA / Fees

About This Property

Located in the gated Brothers Cove Resort , this 1 bed, 1.5 bath cabin is a high performing short term rental that produced $63K in 2025 and $70K in 2024. Situated on 0.65 private wooded acres, the cabin offers a peaceful mountain retreat with custom woodwork and design throughout.  The main level features an open layout with a family room anchored by a beautiful stone fireplace. The kitchen is fully equipped and connects to a dining area and a half bathroom. Upstairs, the primary bedroom is accompanied by a full bathroom and a versatile bonus room. Both rooms on the upper level feature their own fireplaces and direct access to a large deck with seasonal views of the Smoky Mountains. Outdoor spaces include 2 levels of decks and a private hot tub on a newly added cedar deck. Recent updates include partial new walkway decking, new gutters, and a metal roof. Brothers Cove Resort provides premier amenities including gated security , a community pool with incredible mountain views, and a banquet facility. Located less than 10 miles from the Pigeon Forge Parkway, the drive offers beautiful mountain backdrops and a true mountain environment. This turnkey cabin is perfect for an investor seeking a well maintained and successful short term rental in a premier resort setting.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$413
Property Type
House
Property Taxes
$95
HOA Dues
$300
Year Built
1999

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Last updated: 2 months ago ( #311709)

Price History

Date / Event Date Event Price
Sep 17, 2026 Temporarily off market -
Temporarily off market
Aug 14, 2026 Price Decreased $495,000
↓ $15K (2.9%)
Price Decreased
May 4, 2026 Listed by LPT Realty, LLC $510,000
Listed by LPT Realty, LLC
Oct 24, 2022 Sold
Sold
Sep 5, 2022 Listed by Smoky Mountain Real Estate Corp $474,900
Listed by Smoky Mountain Real Estate Corp
You've found the quintessential "cabin in the woods". The cabin, "Dancing Bear", is what many envision as the ideal cabin getaway when visiting our area. It sits on 0.65 private, treed acres within Brothers Cove Resort. The resort is a gated community with covered bridge, community swimming pool, banquet facility, and ideal for wedding featured in several magazines as one of the best destination wedding facilities. The cabin itself shines as the custom woodwork and design creates a wonderful cabin feel. The main level offers the kitchen, family room (with fireplace with locally sourced stone), dining area, half bath, and washer/dryer. Along with a wonderfully private deck off the rear of the cabin. Upstairs offers a full bath, bedroom, and extra bonus room currently used as a bedroom. Both rooms upstairs offer a fireplace and access to a large deck overlooking the serenity of the Smoky Mountains. The cabin has been lovingly cared for and maintained by the current owners as a second home for more than a decade. So it doesn't have the typical wear and tear from the operations of a short term rental cabin. However, the property is perfectly setup as an overnight rental and should excel as a short term rental. The cabin can be self managed or use any management company a new owner desires, adding flexibility in ownership. The current owners have completed numerous updates including a new metal roof in May 2021. The owners have certainly lovingly cared for the property and have it decorated exceptionally well. With the property being a second home, access is easy to view and show the property. Take a look at the cabin today - it's a short (less than 10 mile) scenic drive from Light #3 on the Parkway in Pigeon Forge. The subdivision is one of the few well located resorts that truly feels like you are in a mountain environment.
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 28,314
  • Lot Size Depth Feet: 1,827
  • Lot Size Frontage Feet: 1,608
  • Total Building Area: 1,638
  • Gross Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROTHERS COVE
  • Land Acres: 0000000650
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: BROTHERS COVE PB 30 PG 109 LOT 8 160.76 X 182.72 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080901

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 112D
  • District: 16
  • Parcel: 112D-A-008.00
  • Lot: 8
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7486
  • Longitude: -83.6926

    Address

  • Full Address: 3049 Brothers Way
  • Address - House Number: 3049
  • Address - Street Name: Brothers
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R011
  • 4-Digit Zip Code: 7801
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 819
  • Tax Year: 2023
  • Tax Amount: $71,000
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.0876
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 452,090
  • High Value: 491,703
  • Low Value: 412,477

    Market Valuation

  • Market Total Value: $191,900
  • Market Land Value: $24,000
  • Market Improvement Value: $167,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $47,975
  • Assessed Land Value: $6,000
  • Assessed Improvements Value: $41,975

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40565
  • Previous Sale Recording Date: Jun 17, 2011
  • Previous Sale Contract Date: Jun 15, 2011
  • Previous Sale Amount: $99,900
  • Previous Sale Document Type: 68
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

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Frequently Asked Questions

When was property at 3049 Brothers Way built and last sold?
The property at 3049 Brothers Way was built in 1999 and last sold on Oct 11, 2022 for $447,000.
How much is this home worth?
The estimated value of the home located at 3049 Brothers Way is $498,762.
What are some comparable homes to 3049 Brothers Way?
There are currently no comparable homes to 3049 Brothers Way.