3402 Cherokee Ridge Way
About This Property
Discover the perfect combination of mountain charm, investment potential, and everyday comfort with this beautifully maintained 2-bedroom, 2-bath authentic log cabin in the highly desirable Wears Valley area of Sevierville. Offered fully furnished and operating as a successful short-term rental, this property presents an outstanding opportunity for investors or those seeking their own private Smoky Mountain getaway.
Unlike many mountain cabins, access to this property is exceptionally easy with a short drive from Wears Valley Road on well-maintained roads. There are no steep mountain climbs or difficult switchbacks, making year-round access simple for owners and guests alike.
Inside, you'll find warm all-wood interiors, soaring vaulted ceilings, an open-concept living area, a fully equipped kitchen, spacious bedrooms, and two full bathrooms. The flexible floor plan comfortably accommodates up to six guests and has consistently earned outstanding guest reviews for its comfort, cleanliness, and location.
Outdoor living is where this property truly shines. Relax on the expansive wraparound covered decks while taking in peaceful mountain and pasture views, unwind in the hot tub, or gather around the custom stone fire pit beneath the stars. The large fully fenced backyard is a rare amenity in the Smokies and has made this property especially popular with guests traveling with their dogs.
An added bonus is the dedicated RV carport complete with electrical hookup and RV waste dump connection--an uncommon feature that provides additional convenience for owners or guests traveling with recreational vehicles.
Located just minutes from the Great Smoky Mountains National Park, Townsend, Pigeon Forge, Gatlinburg, hiking, horseback riding, restaurants, wineries and area attractions, this cabin offers the perfect balance of peaceful country living while remaining close to everything visitors come to the Smokies to enjoy.
Whether you're looking for a vacation home, a second residence, or a proven income-producing investment, this turnkey property offers an exceptional opportunity in one of East Tennessee's most desirable mountain destinations.
Property Highlights:
-Proven turnkey short-term rental;
Fully furnished;
2 Bedrooms | 2 Bathrooms;
Sleeps up to 6 guests;
Wraparound covered decking;
Private hot tub;
Large fenced backyard dog run;
Custom stone fire pit;
Peaceful mountain and pasture views;
RV carport with electrical hookup and waste dump connection;
Two covered parking areas plus paved driveway;
Easy year-round access with no steep mountain roads;
Minutes to Great Smoky Mountains National Park, Pigeon Forge, Gatlinburg and Townsend
Listed By
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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 4, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Price Decreased |
$499,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by 10 Realty, LLC | $519,000 | |
| Listed by 10 Realty, LLC | |||
| Oct 22, 2021 | Sold | ||
| Sold | |||
| Aug 3, 2021 | Listed by Mountain Realty Group | $420,000 | |
| Listed by Mountain Realty Group | |||
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3 Level cabin in Wears Valley with easy access and VIEWS!! Wood burning fireplace on main level with kitchen, living.& full bath. Loft has a bedroom. The Lower level is the main bedroom, bath and laundry. 2 car detached carport high enough for you RV with hookups too. On the other side of cabin you have the car port for your vehicle or motorcycle parking for rentals. Coming fully furnished and really turnkey- come invest or live "Where you Love"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017