#1290719
1440 Red Cedar Ln Sevierville, TN 37876
Property details
About 1440 Red Cedar Ln
Walk-through video attached. High-Yield Investment Opportunity: Contemporary Cabin in Sevierville, TN This inviting 2-bedroom, 2-bathroom ranch-style cabin, encompassing 1,262 sq. ft., presents a compelling investment with a projected gross income of $70,000 and an impressive 7% cap rate. The property appeals to a wide variety of vacationers, including both short-term leisure guests and long-term business travelers. With a reliable internet connection, the cabin is well-suited for remote workers or extended stays. Its location strikes the perfect balance—close enough to top attractions such as the Great Smoky Mountains National Park, Dollywood, and Gatlinburg to provide entertainment and convenience while still offering a private, tranquil setting ideal for rest and relaxation. Strategically located in Sevierville, the property offers proximity to shopping centers, restaurants, and entertainment venues, further contributing to its desirability among short-term renters. The combination of modern amenities, strategic location, and high-income potential positions this property as an exceptional opportunity for investors seeking a profitable addition to their real estate portfolio.
Highlights
Summary
- MLS Number: 1280689
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Realty Executives Associates
- Office Phone: (865) 588-3232
- Office Email: JIMEOAKLEY@GMAIL.COM
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Last updated on: 4/6/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$539,000
1440 Red Cedar Ln
$6,401
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 03, 2020 | Home Sold | $285,000 |
Nov 24, 2003 | Home Sold | $165,900 |
Sep 06, 2002 | Home Sold | $50,000 |
Jan 23, 2002 | Home Sold | $10,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $69,575 | $1,030 |
2022 | $69,575 | $1,030 |
2021 | $69,575 | $1,030 |
2020 | $69,575 | $1,030 |
2019 | $34,375 | $639 |
2018 | $34,375 | $639 |
2017 | $34,375 | $639 |
History based on county public records data.
Nearby schools
5
Catons Chapel Elementary School
Public District PK-6
3.1 mi
•3135 Catons Chapel Rd
5
Pittman Center Elementary School
Public District PK-6
6.4 mi
•2455 E Parkway
2
Sevierville Intermediate School
Public District 3-5
7.9 mi
•416 High St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,500. Residents of Sevierville, TN typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
Living in Sevierville, TN
About 1440 Red Cedar Ln
This home is located at 1440 Red Cedar Ln in Sevierville, TN and zip code 37876. This 1,262 square foot home, which was built in 2002, sits on a 0.35 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $539,000.
In March 2025 more than 2 listings in Sevierville, TN were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 77 were sold below. Between February and March 2025, Sevierville, TN real estate market has seen increase in the number of listings by 20.9%. In March 2025 median list price was $502,259 and the average listing age was 97 days.