$989,250
↓ $101K (9.2%)
●
House -
Active
3119 Lexy Lane
Sevierville, TN 37862
3 Beds
3 Baths,
1
Half Bath
2,500 Ft²
$5,181
Est. Monthly
$46
HOA / Fees
About This Property
3BR/3.5BA CUSTOM CABIN WITH MOUNTAIN VIEWS
Located on 1.2 acres in the desirable Wears Valley area of Sevierville, TN, this furnished cabin offers luxury finishes, proven rental income, and unmatched convenience. The property is situated in a quiet neighborhood away from the hustle and bustle, yet only minutes to the Smoky Mountains National Park, Foothills Parkway, and major area attractions. Pigeon Forge and Gatlinburg--ranked among the nation's top destinations for family fun, recreation, and entertainment--are a short drive away, providing year-round demand for vacation rentals.
INTERIOR FEATURES:
Open floorplan with vaulted ceilings, wood walls/ceilings, recessed lighting, and luxury vinyl plank flooring. Living room with stone-accented gas fireplace and ample seating. Kitchen with upgraded stainless appliances including convection oven, granite countertops, stone backsplash, pantry, soft-close cabinetry, and snack bar seating for four. Dining area with seating for six and barnwood accent wall.
Main-level master suite with walk-in tiled shower, stone floors, glass enclosure, walk-in closet, and double vanity. Two additional upper-level master suites with vaulted ceilings, en suite baths, tile tub/shower combos, and walk-in closets. Lower-level gameroom with separate entrance, half bath, laundry area, and two-car garage with finished wood walls/ceilings.
UPGRADES AND SYSTEMS:
Whole-house water filtration system. Tankless water heater. Flood lights on all corners.
Pocket doors, USB charger outlets, built-in king headboards with floating shelves, and built-in blinds on entry doors.
OUTDOOR LIVING: Expansive 10-ft-wide composite decks with covered seating areas, ceiling fans, stone-accented outdoor fireplace, and durable composite furniture. Ample parking on level concrete drive with room for basketball, cornhole, or additional recreation. Gated, shared driveway and low HOA fees.
INVESTMENT OPPORTUNITY: Currently operating as a successful AirBnB rental. Cabin is ''like new,'' used as a second home and actively generating rental income. Sold furnished- turnkey.
This modern rustic cabin combines luxury, functionality, and location, making it a premier overnight rental investment, vacation home, or permanent residence in Sevier County.
Located on 1.2 acres in the desirable Wears Valley area of Sevierville, TN, this furnished cabin offers luxury finishes, proven rental income, and unmatched convenience. The property is situated in a quiet neighborhood away from the hustle and bustle, yet only minutes to the Smoky Mountains National Park, Foothills Parkway, and major area attractions. Pigeon Forge and Gatlinburg--ranked among the nation's top destinations for family fun, recreation, and entertainment--are a short drive away, providing year-round demand for vacation rentals.
INTERIOR FEATURES:
Open floorplan with vaulted ceilings, wood walls/ceilings, recessed lighting, and luxury vinyl plank flooring. Living room with stone-accented gas fireplace and ample seating. Kitchen with upgraded stainless appliances including convection oven, granite countertops, stone backsplash, pantry, soft-close cabinetry, and snack bar seating for four. Dining area with seating for six and barnwood accent wall.
Main-level master suite with walk-in tiled shower, stone floors, glass enclosure, walk-in closet, and double vanity. Two additional upper-level master suites with vaulted ceilings, en suite baths, tile tub/shower combos, and walk-in closets. Lower-level gameroom with separate entrance, half bath, laundry area, and two-car garage with finished wood walls/ceilings.
UPGRADES AND SYSTEMS:
Whole-house water filtration system. Tankless water heater. Flood lights on all corners.
Pocket doors, USB charger outlets, built-in king headboards with floating shelves, and built-in blinds on entry doors.
OUTDOOR LIVING: Expansive 10-ft-wide composite decks with covered seating areas, ceiling fans, stone-accented outdoor fireplace, and durable composite furniture. Ample parking on level concrete drive with room for basketball, cornhole, or additional recreation. Gated, shared driveway and low HOA fees.
INVESTMENT OPPORTUNITY: Currently operating as a successful AirBnB rental. Cabin is ''like new,'' used as a second home and actively generating rental income. Sold furnished- turnkey.
This modern rustic cabin combines luxury, functionality, and location, making it a premier overnight rental investment, vacation home, or permanent residence in Sevier County.
Unit Size
2,500 Ft²
Days on Market
415 days
Land Size
1.20 acres
Price per sqft
$396
Property Type
House
Property Taxes
$278
HOA Dues
$46
Year Built
2021
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 14 days ago (East Tennessee Realtors #1313763)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2026 | Price Decreased |
$989,250
↓ $101K
(9.2%) | |
| Price Decreased | |||
| Aug 29, 2025 | Listed by United Country Real Estate/Tennessee Real Properties | $1,090,000 | |
| Listed by United Country Real Estate/Tennessee Real Properties | |||
| Mar 17, 2024 | Listed by Prime Mountain Properties | $1,099,000 | |
| Listed by Prime Mountain Properties | |||
   | |||
|
Escape to this exquisite cabin, perfectly situated in Wears Valley for easy access yet offers a peaceful retreat amidst breathtaking scenery. Unwind in wide-open spaces ideal for family vacations or gatherings. Immerse yourself in amenities with expansive decks with secure railings for year-round enjoyment. Indoor and outdoor fireplaces for cozy ambiance or relax and rejuvenate in the jacuzzi. Entertain family and friends in the theatre room and game room. Grill up a feast on the BBQ and gather around the outdoor firepit. The open-concept main floor seamlessly blends the kitchen, dining area, living room, and fireplace, creating a perfect space for togetherness. Master suite on the main level features a king bed, HDTV, walk-in closet, and private bathroom. Two upper-level master suites boast HDTVs, walk-in closets, private bathrooms, and trundle beds offering additional sleeping for four (twin size). The converted garage provides a game room complete with a pool table and ping pong table. Enjoy movie nights in the private theatre room with plush seating and a large screen HDTV. (Garage access via separate outdoor staircase). $120k projected for 2024. This luxurious cabin offers everything you need for an unforgettable escape. Don't miss out on this opportunity to create lasting memories or to add an incredible rental investment to your portfolio!
| |||
| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by Tennessee Elite Realty | $1,200,000 | |
| Listed by Tennessee Elite Realty | |||
   | |||
|
FIRST TIME OFFERED FOR SALE! IMMACULATE 3BR/3.5BA CUSTOM BUILT CABIN WITH MODERN FLARE AND BREATHTAKING MOUNTAIN VIEWS! SITUATED ON 1.2 ACRES IN SEVIERVILLE, TN AND READY FOR OVERNIGHT RENTAL! This "like new" top notch modern rustic cabin with cedar and stone exterior is being sold furnished and ready for rental with only a few minor things to be added to be turnkey. Interior features included soaring vaulted ceilings, luxury vinyl plank flooring, upscale furnishings, recessed lighting, and wood walls and ceilings. Spacious open floorplan with living room featuring a stone accented gas fireplace for relaxing and plenty of seating. Open eat in kitchen with upgraded stainless appliances with a convection oven stove, granite countertops, stone backsplash, pantry, and modern style kitchen cabinets with slow close latches on the doors and drawers. Also, you have a snack bar with seating for 4. The dining area is sure to impress with additional seating for six and a barnwood wall accent that sets this cabin off! Master Suite on the main level with its own spacious en suite bathroom with walk-in tiled shower with glass enclosure, stone floors, and a walk-in closet . On the second level, you have two additional Master Suites with vaulted ceilings, en suite bathrooms, tub/shower combos with tile surrounds, and walk in closets. The rooms are very spacious with potential to add bunk beds. Separate entrance to the lower level gameroom with ping pong and room to add additional games, half bathroom with granite top vanity, laundry area with stackable washer/dryer, and a two car garage with wood walls and ceilings that could be used for many possibilities. Enjoy the covered deck with ceiling fans while sipping your coffee and enjoying the views for miles, or sit in front of the stone accented gas fireplace on the back deck while having a nice warm meal at the large table to seat several.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Basement
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Walk-In Closet(s), Cathedral Ceiling(s), Pantry
Appliances: Tankless Water Heater, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Carpet, Vinyl, Tile
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 2
Basement: Walk-Out Access, Partially Finished
Exterior Details
Square Footage: 2500
Security Features: Smoke Detector(s)
Architectural Style: Cabin, Log
Year Built: 2021
Building Area Total: 2500
Construction Materials: Wood Siding, Log, Brick, Frame
Patio and Porch Features: Covered, Deck
Lot Features: Wooded
Lot Size Area: 1.2
Lot Size Units: Acres
Lot Size Acres: 1.2
Lot Size Square Feet: 52272
Water Source: Shared Well
Financial Details
Tax Annual Amount: $3,332
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Heat Pump, Propane
Sewer : Septic Tank
Location Details
HOA Fee: $550
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sevier
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Stephanie Cross
Listed Office: United Country Real Estate/Tennessee Real Properties - Listing courtesy of East Tennessee Realtors
Phone: 931-248-6785
Last Updated: 2026-10-04 15:03:20
Last Checked: 14 days
Data Source: East Tennessee Realtors, MLS# 1313763
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
Listed Office: United Country Real Estate/Tennessee Real Properties - Listing courtesy of East Tennessee Realtors
Phone: 931-248-6785
Last Updated: 2026-10-04 15:03:20
Last Checked: 14 days
Data Source: East Tennessee Realtors, MLS# 1313763
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017