1004 Condo Drive, Gatlinburg, TN 37738
- 2 beds |
- 2 baths |
- 1,890 sqft
Single-Family Home
Built in 2020
436sqft lot
—— car garage
$423/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Pi Beta Phi Elementary School
125 Cherokee Orchard Rd, Gatlinburg, TN, 37738
Grades PK-6
2.38 miles away
Gatlinburg Pittman Junior High School
150 Proffitt Rd, Gatlinburg, TN, 37738
Grades 7-9
2.35 miles away
Gatlinburg Pittman High School
150 Proffitt Rd, Gatlinburg, TN, 37738
Grades 10-12
2.35 miles away