4523 Forest Vista Way
About This Property
Designed with today's vacation travelers in mind, this spacious 4-bedroom floor plan offers an excellent balance of privacy and gathering space, making it perfect for families and groups. The soaring cathedral ceilings and dramatic wall of glass fill the home with natural light while showcasing beautiful mountain views. The open-concept living area creates an inviting atmosphere, while the updated tile showers, dedicated game room, and resort swimming pool provide the amenities guests consistently seek when booking a Smoky Mountain getaway.
Whether you're looking to expand your investment portfolio or purchase your first vacation rental, this cabin checks the boxes that drive bookings: an unbeatable location, desirable amenities, mountain views, and a guest-friendly layout. Well-managed cabins of this caliber have the potential to generate approximately $80,000-$100,000+ in annual gross rental revenue (performance varies based on management, pricing strategy, seasonality, and occupancy), while also offering potential tax advantages associated with owning an income-producing vacation property. A strong opportunity to invest in one of the Smokies' most desirable short-term rental markets.
Extremely well-maintained cabin is ready to start performing from day one!
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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 |
|---|---|---|---|
| Sep 10, 2026 | Sold | ||
| Sold | |||
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Aug 5, 2026 | Price Decreased |
$749,900
↓ $15K
(2%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by Century 21 MVP | $764,900 | |
| Listed by Century 21 MVP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017