$ 670,000 $ 679,000 1.3%

720 Octagon DR

Gatlinburg, TN 37738

  • 3 Beds
  • 3 Baths
    Full Baths: 3
  • 1,684 SqFt
  • 435 Lot Size
  • 1997 Year Built
Tucked in the heart of Gatlinburg with a beautiful mountain view, this fully updated 3 bedroom cabin is a proven income-producing short-term rental and a turnkey investment. The property grossed approximately $70,000 while operating only ¾ of the year in 2025 and before recent improvements. Since completion of updates, bookings have surged, positioning this cabin to realistically achieve $100,000-$115,000+ in annual rental income.

Recent upgrades include freshly painted exterior siding, an updated kitchen, and interior enhancements that elevate both guest experience and nightly rates. The layout is ideal for vacationers, offering comfortable sleeping arrangements, inviting living spaces, and a setting that captures the Smokies while remaining close to all the attractions Gatlinburg is known for.

Whether you're looking for a high-performing short-term rental or a mountain getaway that pays for itself, this cabin checks every box. Strong historical performance, upgraded condition, and a desirable view make this a standout opportunity in one of the Smokies' most in-demand markets.
Listed by eXp Realty, LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $670,0001.3%

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 1, 684 sqft

    Price per Sqft $397

    Subdivision Condo Villas Iii

    MLS Listing ID 1328110

    Sold Date 03/10/26

    Style Cabin

    Bedrooms 3

    Full Baths 3

    HOA Fees $231/qua

    Year Built 1997

    Lot Size 435 Sqft

    Acres 0.01

    Property Sub-Type Single Family Residence

    Source East Tennessee REALTORS® MLS

  • Location

    State TN

    County Sevier County - 27

    Area 0.01

  • Rooms

    Other Rooms Basement Rec Room, Mstr Bedroom Main Level

    Basement Walkout, Finished

  • Building

    Lot Description Irregular Lot

    Faces From Gatlinburg turn onto Hwy 321N East Parkway. Turn left onto Ridge Rd. Turn right onto Cartertown Rd. Go 1.1 miles turn left onto E Foothills Dr. Follow E. Foothills Dr. and turn right on Octagon Dr. Follow to property on left.

    Sewer Septic Tank

    Water Public

    Architectural Style Cabin

    Structure Type Wood Siding,Block,Frame

  • Interior

    Interior Features Cathedral Ceiling(s)

    Heating Central, Propane, Electric

    Cooling Central Cooling, Ceiling Fan(s)

    Fireplaces Number 1

    Fireplaces Type Gas Log

    Fireplace Yes

    Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

    Heat Source Central, Propane, Electric

  • Exterior

    Exterior Feature Deck

    Parking Features Designated Parking

    Garage Description Designated Parking

    View Mountain View

    Garage No

  • Others

    HOA Fee Include Some Amenities,Grounds Maintenance

    Restrictions Yes

    Tax ID 117G A 001.00

    Energy Description Electric, Propane

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CONTACT

Brandon Thompson
Brandon Thompson

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