1274 Bear Cub Way , #4

Description

Turnkey, cash-flowing Gatlinburg pool cabin with an active short-term rental permit, sleeping up to 12 guests and offering wide panoramic views of the Great Smoky Mountains. Perched above downtown Gatlinburg, the expansive back decks showcase breathtaking views of downtown and the peaks of the Great Smoky Mountains National Park. Ideally located just 1 mile from Ober Mountain and only 3 miles from downtown Gatlinburg. Owners and guests enjoy access to Chalet Village amenities, including community pools, a fitness center, and tennis courts. This spacious cabin features 3 bedrooms, 4.5 bathrooms, with a pool table and an indoor pool room, making it an ideal retreat for large families and groups. The property underwent a comprehensive top-to-bottom renovation in 2026, with more than $150,000 invested in upgrades. Major improvements include brand new front and rear decks, new windows, two fully renovated primary bathrooms, and a beautifully updated kitchen with new countertops, flooring, backsplash, refrigerator, and dishwasher. Additional improvements include roof repairs, a complete water line replacement, and extensive structural and foundation repairs to both the cabin and the pool area. The private indoor pool and hot tub have also been refreshed with new equipment, a dedicated pool room HVAC unit, a new exhaust fan, and a dehumidifier. An added bonus is city water and sewer, with both utilities included in the monthly HOA dues, eliminating the need to maintain a septic system. Recently added to the rental program for the summer season, the cabin is already averaging approximately 90% occupancy through the summer, with Thanksgiving bookings already secured. Based on current performance and adjusted for seasonality, the property is pacing at an annualized run rate of $120,000+ The property is performing strongly on the rental program with approximate gross rents below: July- 12k August - 10k Sept - 8k October- 15k This is a rare opportunity