3219 Old Mountain Road
About This Property
The main level features an open-concept living area with vaulted ceilings and a dramatic floor-to-ceiling electric fireplace, creating a spacious gathering area for groups. Two well-appointed bedrooms, two full bathrooms with walk-in showers, and an additional half bath provide comfortable accommodations for guests. The upper deck extends the living space outdoors with a stone electric fireplace, seating area, and a peaceful Smoky Mountain setting.
The lower level is designed around entertainment and increased guest capacity, featuring a game room with multiple arcade machines, pool table, and two custom queen-over-queen bunk beds. This level also includes an additional half bath, laundry room, and a private indoor gunite pool with stone accents and waterfall feature.
Outdoor amenities continue on the lower deck with a private putt-putt course, hot tub, outdoor sauna, BBQ kitchen with mini refrigerator, and a creekside fire pit. An EV charger and ample parking add additional convenience for guests.
Located across from a property owned by a well-known East Tennessee icon, this cabin offers a unique marketing angle in addition to an extensive amenity package. With strong existing rental income, furnishings included, established permitting, and multiple features designed to increase occupancy and booking appeal, this property offers investors the opportunity to acquire an established Smoky Mountain STR without starting from the ground up.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$1,185,000
↓ $15K
(1.3%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$1,200,000
↓ $50K
(4%) | |
| Price Decreased | |||
| Aug 11, 2026 | Listed by eXp Realty, LLC 7720 | $1,250,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 21, 2026 | Price Decreased |
$1,198,000
↓ $2K
(0.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017