$799,900

1004 Condo Drive, Gatlinburg, TN 37738

  • 2 beds |
  • 2 baths |
  • 1,890 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2020
  • Property Lot Size Icon436sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $423/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

VIEWS!! Location! Private Flat Back Yard! Just three miles from downtown Gatlinburg, Lookout Loft is a high-performing short-term rental with sweeping views of Mt. LeConte, a flat usable backyard, and over $100K in gross annual income. This fully furnished two-bedroom, two-bathroom cabin with an open sleeping loft comfortably sleeps up to eight and is nestled in a quiet mountain resort that includes access to a seasonal community pool—an added bonus for guests and owners alike. The main level features vaulted ceilings, a wall of windows that frame the mountain view, and an open layout centered around a gas fireplace. The kitchen offers stainless steel appliances and a dining area that flows seamlessly into the living space and onto the covered deck. The main-level king suite includes a walk-in tiled shower and dual vanity. Upstairs, you'll find a second king bedroom, full bath, and an open sleeping loft that serves as a third sleeping area with its own mountain views and seating nook. Two large, covered porches provide plenty of outdoor space to relax, with a private hot tub situated to take in the full mountain backdrop. The private flat backyard is a rare find in the Smokies and offers the potential for creative outdoor upgrades to further boost guest enjoyment and rental revenue. Per seller, gross rental income was $116,227.64 in 2023 and $104,241.29 in 2024. As of July 7, 2025, the cabin has already secured $48,978.00 in bookings, with peak travel periods still ahead including fall foliage season, holidays, and New Year's. Additional features include high-speed internet, smart TVs, a washer and dryer, and paved access. Whether you're seeking a personal mountain escape or a proven income-generating property, Lookout Loft offers both comfort and consistent return.

Listing Status:
Active
Date Added:
July 7, 2025 at 05:00AM
Listing Office:
Real Broker : 844-591-7325
MLS ID:
1307425
  • Appliances: DishwasherMicrowaveRangeRefrigeratorSelf Cleaning OvenWasherDryer
  • Basement: Slab
  • Flooring: Hardwood
  • A/C: Central Air
  • Heating: Heat PumpPropaneElectric
  • Fireplace: Gas LogFireplaceFireplaces: 1

This listing courtesy of Real Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pi Beta Phi Elementary School

125 Cherokee Orchard Rd, Gatlinburg, TN, 37738

Grades PK-6

2.38 miles away

G

Gatlinburg Pittman Junior High School

150 Proffitt Rd, Gatlinburg, TN, 37738

Grades 7-9

2.35 miles away

G

Gatlinburg Pittman High School

150 Proffitt Rd, Gatlinburg, TN, 37738

Grades 10-12

2.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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