4150 High Ridge Way
About This Property
Situated on a scenic ridge with views of Wears Valley, this three-story cabin offers a refined take on the traditional Smoky Mountain vacation experience. The property is ideally located for the short-term rental market, providing guests with a peaceful mountain atmosphere while remaining just 15 minutes from the Pigeon Forge Parkway. The interior design successfully bridges the gap between classic log cabin charm and modern mountain living, featuring an open-concept layout and large windows that emphasize the natural surroundings. Sold fully furnished, the home is a turnkey solution for those looking to enter the overnight rental market or secure a move-in-ready vacation home.
The floor plan is intentionally versatile, utilizing its three levels to sleep like a four-bedroom cabin, which maximizes occupancy potential and rental ROI. Each floor offers a sense of separation, allowing large groups or multiple families to vacation together while maintaining individual privacy. Outside, the property features multiple levels of decking designed for relaxation, including space for the hot tub and outdoor dining. Unlike many area rentals, this cabin includes spacious, level parking, a highly-requested amenity that simplifies logistics for guests arriving with several vehicles.
This property is engineered for the vacation lifestyle, blending high-end comfort with the functional requirements of a successful rental. From the stone fireplace in the vaulted great room to the lower-level recreation space, every detail is tailored to the Smoky Mountain guest experience. With its proximity to the National Park and the major attractions of Sevier County, this cabin represents a well-positioned asset for owners seeking a blend of personal enjoyment and investment performance.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Price Decreased |
$1,029,000
↓ $10K
(1%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$1,039,000
↓ $10K
(1%) | |
| Price Decreased | |||
| May 4, 2026 | Listed by Local Realty Group | $1,049,000 | |
| Listed by Local Realty Group | |||
| Sep 17, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by Your Home Sold Guaranteed Realty | $1,000,000 | |
| Listed by Your Home Sold Guaranteed Realty | |||
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World class cabin with awesome views.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017