4416 Whetstone Road
About This Property
Welcome to your own slice of paradise in the heart of the Great Smoky Mountains! This beautiful 5.37-acre property boasts gently rolling, walkable terrain and sweeping mountain views that set the stage for your dream home or vacation getaway. It comes with a 3-bedroom septic approval already in place-plus the possibility to expand with county permission.
Seller financing available, 15% down and 3.5% interest.
Nestled within The Homestead, one of the Smokies' most prestigious communities, you'll enjoy the perfect balance of refined mountain living and natural serenity. With large estate-sized parcels, stunning vistas, and a mix of elegant residences and successful short-term rentals, this neighborhood offers both privacy and investment potential.
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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 |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Listed by TN Smoky Mtn Realty | $139,900 | |
| Listed by TN Smoky Mtn Realty | |||
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Seller financing available: 15% down at 3.75% interest, creating an exceptional opportunity to secure acreage in the Smoky Mountains.
Experience the beauty of the Smoky Mountains on this stunning 5.37-acre parcel featuring gently rolling, walkable terrain and sweeping mountain views--the perfect setting for a private mountain retreat or income-producing cabin.
A 3-bedroom septic approval is already in place, with the potential to expand with county approval, giving you flexibility for your future build. The generous acreage offers privacy, usable land, and multiple possibilities for site placement to capture the surrounding views. Survey on file
Located within The Homestead, one of the Smokies' most desirable mountain communities, the property is surrounded by large estate parcels, luxury homes, and successful short-term rentals--making it ideal for both personal enjoyment and investment.
Build your dream mountain escape while taking advantage of the strong vacation rental market in the Great Smoky Mountains.
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| Nov 28, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 3, 2025 | Listed by TN Smoky Mtn Realty | $139,900 | |
| Listed by TN Smoky Mtn Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017