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    4314 Carolina Cove Way Pigeon Forge, TN 37863

    For Sale
    $3,250,000

    MULTI_FAMILY - Pigeon Forge, TN

    Property size:
    3,051 SF
    Lot size:
    2.24 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 4314 Carolina Cove Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    115F A 002.00
    Parking features
    Off Street
    Patio and Porch features
    Porch, Patio
    Interior features
    Cathedral Ceiling(s)
    Exterior features
    Balcony
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
    Size
    3,051 SF
    Lot size
    2.24 Acres

    Utilities

    Heating system
    Natural Gas, Heat Pump (Heating), Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2008
    Number of units
    3
    Flooring type
    Laminate, Vinyl, Hardwood, Carpet, Tile
    Building materials
    Log, Block, Frame
    Roof type
    Metal, Shingle

    EPIQUE REALTY (850) 582-1122 [email protected]

    Listing agent Brianne Miller (865) 384-0310

    Listing date Nov 3, 2025

    MLS# 1311792 Listing URL

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pigeon Forge Short Term Rental Package

    This short term rental package features two cabins with a combined gross income exceeding $373,000 from September 2024 to August 2025. One cabin is located in Chalet Village, ensuring bookings throughout the winter months. The other is a unique, large cabin in Pigeon Forge, distinguished by its rare outdoor swimming pool and real Canadian logs. These cabins attract larger parties and are often booked months in advance. The property is turnkey for investors, with the current property manager willing to continue managing the cabins for new owners. Buyers can also choose their own property manager or self-manage. The seller is offering a $25,000 buydown credit and will assist buyers with a seamless transition, including referrals for a property manager and cost segregation analyst to capture bonus depreciation, and transfer of VRBO reviews and ratings. The larger cabin has a rating of 9.6, and the medium cabin has a rating of 10.0. The property is situated on a 2.24-acre lot. The property offers 3,051 square feet of living space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Hotel & Motel Bed & Breakfast Travel Agency Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pigeon Forge
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.563446
    Latitude
    35.74171

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    FAQs

    What type of property is this?
    Short term rental property - Two turnkey cabins with high gross income and rare amenities.
    Where is this short term rental property located?
    The property is located at 4314 Carolina Cove Way Pigeon Forge, TN.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - $373,000+ combined gross income (Sept. 2024 - Aug. 2025) from two short-term rental cabins.; - Includes a **large cabin with a rare outdoor swimming pool and real Canadian logs.**; - Seller offering $25,000 buydown credit.
    (865) 384-0310
    Request Owner's contact information
    4314 Carolina Cove Way Pigeon Forge, TN 37863
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4314 Carolina Cove Way Pigeon Forge, TN 37863
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