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623 Iron Mountain Road
About This Property
R-1 zoning provides for permanent residential use, offering the consistency of a residential setting without the revolving traffic of short-term rental guests.
Inside, rich tongue-and-groove walls and ceilings, floor-to-ceiling windows, and a stunning freestanding double-sided gas fireplace create an impressive mountain atmosphere. The spacious lower level adds exceptional flexibility and is currently outfitted as a game room with a pool table, arcade games, foosball, and electric fireplace, while offering plenty of room for guests, a den, media room, office, or additional living space.
Outside, mature trees create a peaceful backdrop for the covered porch, porch swing, fire pit, and picnic area. Two driveway accesses and additional parking make gathering with family and friends easy, while seasonal mountain views add to the Smoky Mountain setting.
Whether you're looking for an impressive full-time residence, second home, or private mountain retreat, this cabin brings together luxury, flexibility, privacy, and the convenience of being close to everything Pigeon Forge has to offer. Drone photography was used.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$514,000
↓ $20K
(3.8%) | |
| Price Decreased | |||
| Aug 17, 2026 | Price Decreased |
$534,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$544,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by Century 21 MVP | $569,000 | |
| Listed by Century 21 MVP | |||
| Sep 9, 2024 | Listed by All Star Realty | $699,900 | |
| Listed by All Star Realty | |||
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Looking for a cabin with privacy, here it is. The exterior has had lots of decking upgrades and siding stained. The interior has had flooring updated. Large 5 bed/ 3 bath cabin with a pool table in the game area. Outside you will find plenty of seating to enjoy the hot tub or the fire pit area. Gas log see through fireplace. Whirlpool tub. Home is being sold furnished. All information was obtained from the county tax records and the buyer should verify all information. This home can not be used as an overnight rental without a permit from the city.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017