3721 Clabo Mountain Lane
About This Property
Welcome to a one-of-a-kind modern contemporary ''treehouse'' retreat in the heart of Wears Valley, perfectly positioned on a private 1.5+ acre, tree-studded lot. Designed to stand out in the Smoky Mountains rental market.
Striking architecture sets the tone--an exterior wrapped in expansive glass, Hardie board, poplar, and metal, seamlessly blending with its natural surroundings. Inside, craftsmanship takes center stage with custom-cut oak floors, stairways, and tongue-and-groove finishes, all framed by soaring ceilings and walls of glass that bring the outdoors in--offering uninterrupted views of trees, sky, and wildlife.
The showstopper! A 13x26 heated indoor pool room designed for year-round enjoyment, featuring:
Built-in hot tub
Floor-to-ceiling windows
Hand-painted mountain mural
Wet bar and lounge area
Space for games and entertainment
The main living area features a dramatic floor-to-ceiling see-through stone fireplace shared between the gathering room and the primary suite, creating a warm, luxurious atmosphere throughout. The primary bedroom also offers direct access to the private deck for a true indoor-outdoor experience.
The kitchen is equally impressive with quartz countertops and top-of-the-line appliances, flowing seamlessly into dining and living spaces.
Step outside to a screened porch with swings and outdoor dining, where you'll feel immersed in the Smoky Mountain setting. Additional outdoor highlights include a firepit with Adirondack seating, perfect for unforgettable ''S'mores nights.''
Layout Highlights:
Main Level: Primary suite, full bath, gathering room, dining area, kitchen, screened porch
Lower Level: Game room, 3 additional bedrooms, full bath
Bonus: Detached exterior game room with bunk space for kids
With sleeping capacity for 14-16 guests, this property is purpose-built for high-performing short-term rental income while still offering the privacy and comfort of a personal mountain escape.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$1,150,000
↓ $100K
(8%) | |
| Price Decreased | |||
| Mar 28, 2026 | Listed by eXp Realty, LLC 7720 | $1,250,000 | |
| Listed by eXp Realty, LLC 7720 | |||
| May 10, 2022 | Listed by East Tennessee Realty Group, LLC | $1,425,000 | |
| Listed by East Tennessee Realty Group, LLC | |||
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Newly constructed home in beautiful Wears Valley location offering a totally unique construction with contemporary-craftsman design and situated beautifully on 1.52 acres. Quiet private wooded setting with great views. The enclosed heated pool offers relaxing enjoyment in all seasons. This property offers a unique investment opportunity for maximum overnight rental income or could use as permanent/second. High-end upgrades in kitchen and fine interior finishes throughout. The additional outbuilding features games and activities. Firepit for evening enjoyment of s'mores and hot chocolate. Check out this very unique style in one of the best locations in the entire area.
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| Apr 10, 2022 | No longer available | - | |
| No longer available | |||
| Apr 7, 2022 | Listed by East Tennessee Realty Group LLC | $1,499,000 | |
| Listed by East Tennessee Realty Group LLC | |||
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Newly constructed home in beautiful Wears Valley location. This home offers a totally unique construction with contemporary-craftsman design situated beautifully on 2 acres. Offering quiet private wooded setting with great views. The enclosed heated pool offers relaxing enjoyment in all seasons. This property offers a unique investment opportunity for maximum overnight rental income or could use as permanent/second. High-in upgrades in kitchen and fine interior finishes throughout. The additional outbuilding features games and activities. Check out this very unique style in one of the best locations in the entire area. The manager has listed the unit size as 3000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017