new - 1 day on rocket

703 Poplar Falls Way, Gatlinburg, TN, 37738

$515,000

Home List Price

$6,116*

Closing Credit

2 Bedrooms
2 Full Baths
1,012 SqFt
$509/SqFt
House

Location

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703 Poplar Falls Way, Gatlinburg$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingMain Level, Off-Street Parking
Year Built2005
HeatingHeat Pump, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas Log
MLS #1282670
Lot Size0.01 Acres
StatusActive

About 703 Poplar Falls Way

This meticulously maintained 2-bedroom, 2-bathroom cabin in the prestigious Black Bear Falls Resort offers an exceptional investment opportunity in the heart of Gatlinburg. Perfectly located within city limits and just 10 minutes from downtown, this property combines convenience, charm, and strong rental performance to appeal to both investors and guests alike. The cabin's cathedral ceilings in the living area create a spacious and inviting atmosphere, complemented by tasteful Smoky Mountain décor that resonates with vacationers seeking an authentic mountain retreat. The main level features a cozy living room, a full bathroom, and a well-appointed bedroom, while the upper level boasts a private master suite with a full bathroom, offering an ideal layout for short-term rental guests. The property is equipped with all city utilities, ensuring reliable service and efficient operations. Additionally, there are no management restrictions, providing investors with the flexibility to self-manage or hire professional rental management to maximize income. Financials, including income and expense details, are available in the MLS documents for your review. Black Bear Falls Resort is known for its pristine landscaping, well-maintained amenities, and easy access to Gatlinburg's top attractions, making it a favorite among travelers. The cabin is easy to show, giving you a seamless opportunity to view this outstanding investment property. Whether you're looking to expand your portfolio or enter the short-term rental market, this turn-key cabin is ready to generate consistent rental income while offering a memorable Smoky Mountain experience for guests. Schedule your showing today to explore this prime investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Log
  • Year Built: 2005
  • Living Area: 1,012 SqFt

Listing Office:

  • Office Name: Prime Mountain Properties
  • Office Phone: (865) 453-4049

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Gatlinburg head east on 321 to a left at light 2A (Dudley Creek/Ridge Rd) to a quick right on Cartertown Rd. Follow for 1.2 miles to Black Bear Falls on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $509/SqFt

HOA Fees:

  • Amount: $872
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $720
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gatlinburg, TN.

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Gatlinburg, TN

City

Med. Sold Price

$635.7K

Med. Price/SqFt

$400

Avg. Days On Market

89

# of Sold Homes

5

703 Poplar Falls Way vs Gatlinburg

1 DAY ON ROCKET

-88 Days

$515,000

-$120.7K Less

$509/SqFt

+$108 More

KEY TAKEAWAY

This property is $120.7K less than the Median Sold Price and $108/SqFt more than other homes in Gatlinburg, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1282670

Listing Office:

  • Office Name: Prime Mountain Properties
  • Office Phone: (865) 453-4049

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2020Home Sold
$350,000
Nov 14, 2013Home Sold
$160,000
Jul 18, 2011Home Sold
$125,750
Sep 14, 2005Home Sold
$221,125

Tax History

YEARPROP. TAXASSESSMENT
2020$720$73,300
2019$721$35,700
2018$721$35,700
2017$721$35,700

History based on county public records data.

Payment Calculator

$2,928

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-282321
4
/10

  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 2.52 miles

  • Public District Grades PK-6

school-card-donut-282322
5
/10

  • Pittman Center Elementary School

  • 2455 E Parkway

  • 4.07 miles

  • Public District Grades PK-6

school-card-donut-282323
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 4.70 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,043. Most Gatlinburg, TN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 703 Poplar Falls Way

What is the listing price of this property?

The listing price of 703 Poplar Falls Way property is $515,000.

What type of property is this?

The property 703 Poplar Falls Way is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 703 Poplar Falls Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $720 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 23, 2020 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 703 Poplar Falls Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 703 Poplar Falls Way is 1,012 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 703 Poplar Falls Way is 2005.

Rocket Homes›Tennessee›Sevier County›Gatlinburg›37738›703 Poplar Falls Way

This home is located at 703 Poplar Falls Way in Gatlinburg, TN and zip code 37738. This 1,012 square foot home, which was built in 2005, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $515,000.

While more than 1 listings in Gatlinburg, TN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below. In October 2024 in Gatlinburg, TN there were 11% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $635,715, while the average time on the real estate market was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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