Price Reduction - Views
Address
309 Elk Cove Way, Gatlinburg, TN
Price
$ 499,500

Your Agent

Tyson Stowers

Tyson Stowers

Affiliate Broker, REALTOR®

865-582-5607

Property Attributes
  • MLS#1337145
  • TypeSingle Family
  • Listing Status Active
  • CountySevier
  • CityGatlinburg
  • AreaSevier County
  • NeighborhoodElk Cove Resort
  • Zip37738
  • StyleCabin
  • Year Built2005
  • Taxes$ 1942
  • Price$ 499,500
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1286
  • Lot Size0.3 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description

Perched in the peaceful, tree-lined setting of Elk Cove Resort, this charming Gatlinburg log cabin offers the ideal blend of Smoky Mountain serenity, proven short-term rental performance, and unbeatable proximity to the area's most visited attractions. Just minutes from downtown Gatlinburg, the Great Smoky Mountains National Park, and a short drive to Pigeon Forge and Dollywood, this 2-bedroom plus loft, 2-bath retreat captures the essence of East Tennessee mountain living while delivering strong investment appeal. Built in 2005 and offering approximately 1,286 square feet of thoughtfully designed living space, this true log cabin features warm wood interiors, hardwood flooring, and an inviting two-story layout that maximizes both comfort and functionality. The main level includes an open living area anchored by a cozy fireplace, a well-equipped kitchen with essential appliances, and seamless flow into dining and gathering spaces - perfect for hosting guests or enjoying quiet evenings after a day in the Smokies. One of the home's standout features is the flexible loft space, adding additional sleeping capacity and versatility to comfortably accommodate up to 9 guests. This expanded layout makes the property especially attractive for vacation rentals, family getaways, and group stays, enhancing both occupancy potential and income performance. Step outside and experience one of the most desirable features of mountain living - a covered porch and private outdoor space designed for relaxation. Whether enjoying morning coffee in the cool mountain air, unwinding in the hot tub under the stars, or listening to the sounds of nature from the screened porch, the outdoor experience is every bit as inviting as the interior. Set within Elk Cove Resort, residents and guests benefit from maintained common areas, trash service, and a quiet mountain community atmosphere. The setting offers a peaceful escape while still keeping you close to everything that makes Gatlinburg one of the most visited destinations in the United States. From this location, guests and owners alike enjoy quick access to downtown Gatlinburg's restaurants, shops, and attractions, along with scenic drives, hiking trails, and year-round recreation in the Great Smoky Mountains National Park. Pigeon Forge, The Island, dinner shows, and Dollywood are all just a short drive away, making this an ideal base for vacationers seeking both adventure and convenience. This property is being offered fully furnished and turnkey, allowing for immediate continued use as a short-term rental or private mountain getaway. With established income potential, strong tourism demand, and a layout designed for guest comfort, 309 Elk Cove Way presents a compelling opportunity to own a classic Smoky Mountain cabin in one of East Tennessee's most consistently sought-after vacation markets. Whether you're looking to expand your investment portfolio or secure a personal mountain retreat that can also generate income, this Gatlinburg cabin delivers the perfect combination of location, lifestyle, and long-term value in the heart of the Smokies.

Elementary School
Pittman Center Elementary School
Price History
4/17/2026 Listed $519,999
5/16/2026 1$514,999
6/13/2026 2$505,000
7/7/2026 1$499,999
8/6/2026 Listed $499,899
9/3/2026 Listed $499,500

General Features

Sewer Public Sewer
Heating Central,Electric
Cooling Central Cooling
Appliances Dishwasher,Microwave,Range,Refrigerator
HOA Fee 85
Association Fee Includes Trash,Grounds Maintenance
Architectural Style Cabin
Security Features Smoke Detector
Construction Materials Log
Year Built 2005
View Mountain View,Country Setting
Property Subtype Single Family Residence
Assoc Fee Paid Per Monthly
County Sevier County - 27
Property Type Single Family
HOA true
Attached Garage false
Subdivision Name Elk Cove Resort
Total Rooms 7
Full Baths 2
Status Active
Directions Turn onto the resort entrance, make a left then a right down the hill.
City Gatlinburg
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 13068
Elementary School Pittman Center
Property Attached Y/N false
MLS Area Minor Sevier County - 27
Virtual Tour https://www.zillow.com/view-imx/17629180-c8f7-4579-a16d-c9598c94fd29?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Structure Type 2 Story
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing Exchange true

Interior Features

Basement None
Flooring Hardwood
Total Fireplaces 1
Fireplace Features None
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 2
Total Baths 2

Exterior Features

Parking Features Off-Street Parking
Lot Features Level
Water Source Public
Lot Size Area 0.3
Building Area Total 1286
Lot Size Acres 0.3
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37738

Price
AVG $920K
$500K
Taxes
AVG $2,595
$1,942
Year Built
AVG 2004
2005

Your Agent

Tyson Stowers

Tyson Stowers

Affiliate Broker, REALTOR®

865-582-5607

Listed By
Realty Executives Associates

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