4424&4428 Grindstone Ridge Rd
About This Property
The larger cabin has the classic mountain cabin feel with wood throughout, an open living and kitchen area, fireplace, spacious bedroom, jetted tub, and plenty of deck space to enjoy the wooded surroundings. One of the more unique features is the bed tucked inside a clear enclosed sleeping area, giving the cabin a fun and memorable touch you don't see every day.
The second cabin has a cozy studio-style layout with hardwood floors, a full kitchen, fireplace, pool table, king bed, and oversized heart-shaped Jacuzzi tub. Outside, you'll find a covered porch, hot tub, and fire pit.
Both cabins sit in a wooded setting, level parking, and easy access to Pigeon Forge, Dollywood, Great Smoky Mountains National Park, restaurants, shopping, and area attractions. Whether you're looking to add to your rental portfolio or want a place in the Smokies with a little more room for family and friends, having two separate cabins gives you options that are hard to find in one property. Properties are to be sold together.
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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%.
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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 10, 2026 | Listed by Realty Executives Associates | $515,000 | |
| Listed by Realty Executives Associates | |||
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 4, 2026 | Price Decreased |
$550,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| May 15, 2026 | Price Decreased |
$564,900
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Mar 7, 2026 | Listed by Elite Realty | $579,900 | |
| Listed by Elite Realty | |||
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Rare Two-for-One Smoky Mountain Investment Opportunity located just 5 miles from The Island in Pigeon Forge, yet privately tucked away in a peaceful wooded setting. Minutes from Dollywood, Gatlinburg, premier shopping, dining, entertainment, and the Great Smoky Mountains National Park, this unique property features two fully furnished, turnkey cabins designed to create unforgettable guest experiences--making it an ideal short-term rental investment, vacation retreat, or income-producing mountain property.
The first cabin, ''Wonderland in the Smokies,'' is a whimsical retreat inspired by Alice in Wonderland, offering approximately 702 sq ft with 1 bedroom and 2 bathrooms. The cabin features an updated kitchen with new cabinetry, countertops, oven, dishwasher, appliances, and washer/dryer, along with charming barrel sinks and new tile flooring in the bathrooms. The cozy living room showcases tongue-and-groove wood walls, rich cherry hardwood floors, and an electric fireplace. Upstairs, the private king suite includes a spacious bath with an oversized jacuzzi tub and its own private deck overlooking the wooded landscape. Outdoor amenities include a giant chess board, firepit seating area, hot tub, and a unique GEO Dome glamping retreat, allowing guests to sleep under the stars surrounded by nature.
The second cabin, the ''Hanky Panky Getaway,'' is a romantic honeymoon-style couples retreat featuring approximately 688 sq ft with an open-concept layout, fully equipped kitchen, living area with electric fireplace, and dining space for two. Romantic touches include a canopy round bed, heart-shaped jacuzzi tub, and large couples shower with waterfall shower heads. Guests can unwind on the private wraparound deck, relax in the hot tub, or enjoy the firepit and cozy outdoor seating in the secluded mountain setting.
Together, the cabins can accommodate 6-8 guests when rented together or individually, offering flexible vacation rental income potential. The property is currently part of a successful rental program with a 4.7-star guest rating and excellent reviews. Both cabins share a well, septic system, and driveway and must be sold together. With its prime Smoky Mountain location, distinctive themes, and proven guest appeal, this property offers a rare opportunity to own a high-demand vacation rental near Pigeon Forge and Gatlinburg. Seller has invested over $100K in recent property updates and improvements, including some new appliances, updated bathroom vanities and walk-in shower with waterfall shower heads, kitchen updates, GEO Dome for Glamping just to mention a few. Drone photography has been used.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017