1418 School House Gap Rd, Sevierville, TN 37876

$400,000
1
BD
2
BA
1,152
SqFt

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Sold Price
$400,000
List Price
$400,000
Closing Date
Oct 07, 2026
MLS#
3512483
Status
CLOSED
Type
Single Family Residential
City
Sevierville
County
Sevier
Bedrooms
1
Bathrooms
2
Living Area
1,152
Lot Size
10,018
Year Built
2004
Subdivision
Sky Harbor

Property Description

OWNER FINANCING AVAILABLE ! ! ! See below for seller's acceptable terms and ask Listing Agent for more details on how to proceed. 2025 GROSS RENTAL INCOME @ 42,386 ! ! ! 430+ REVIEWS with a RATING OF 4.9+ !!! Unbelievable long term performance! Well-seasoned and proven STR rental cabin strategically located halfway between Pigeon Forge and Gatlinburg. Main floor features an open concept living area with living room and kitchen with dine-in table. Top floor features an open concept bedroom with ensuite bathroom. Both floors have a walkout deck with a seasonal mountain view. This cabin is SELF-MANAGED, so the owner has the option to ''transfer'' future rental reservations with an acceptable offer and agreed upon in writing by both Buyer and Seller. Seller can ensure as close to a TURNKEY change of ownership as possible by giving the new buyer their CLEANING COMPANY, any HANDYMEN/CONTRACTORS and/or any other vendors they use to self-manage from afar. *** OWNER FINANCING TERMS *** Seller requests: - 20% or more down payment - 7% interest rate - 5 yr balloon payment - 30 year amortization - interest only monthly payments are acceptable - No pre-payment penalty if paid in full or refinanced early.

Additional Information

Acres
0.23
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Basement
Crawl Space
Cooling
Electric
Living Area
1,152
Lot Dimensions
98M X 150M X IRR
Style
Cabin
Year Built
2004

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Calculator source: Real Geeks

Agent: Matt Castle | matt@theshorttermshop.com

Office: eXp Realty | 8885195113

Selling Office: Realtracs, Inc..

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.