4140 Mountain Rest Way
About This Property
Tucked away in a peaceful, wooded setting, this fantastic cabin delivers the privacy guests crave while still offering the convenience of a proven short-term rental layout designed for groups.
The main level features a spacious king-sized bedroom and a full bathroom, along with an open living area that flows seamlessly onto a large covered deck, perfect for enjoying the fresh mountain air and partial mountain views year-round.
Upstairs, you'll find a private king suite complete with its own full bathroom, plus a versatile loft space that can comfortably sleep additional guests with a futon or bunk setup, ideal for maximizing occupancy.
The lower level is built with fun in mind and perfectly suited for kids or group stays, featuring two sets of bunk beds, a full bathroom, and ample space to add games, arcade systems, or pool table area to further boost rental appeal.
Outdoor living shines with expansive covered decking on two levels, offering multiple gathering spaces to relax, entertain, or simply take in the surrounding nature. The property also includes a storage shed and plenty of usable land to create guest-favorite amenities like a fire pit area, outdoor games, or even a mini putt-putt course.
A durable metal roof adds long-term value and peace of mind, while the cabin conveys fully furnished (minus select personal items), making it truly turnkey for immediate short-term rental income.
What sets this property apart is the additional adjoining lot giving you the rare ability to build a second cabin, expand your STR portfolio, or create a multi-cabin compound in one of the Smokies' most desirable
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | Listed by Keller Williams | $505,000 | |
| Listed by Keller Williams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017