4 days on Rocket
$6,234 Closing Credit¹
#1305897, Listing office: Prime Mountain Properties
$530,000 List price
1520 Lake Dr Gatlinburg, TN 37738
$6,294
Closing credit¹
2 beds
2 full
1,290 sqft
0.5 acres
$411 / sqft
House
Property details
About 1520 Lake Dr
Price has been slashed due to death in the family. This charmer on private lake in Gatlinburg did $78k in 2022 and due to illness and death of one of the owners was utilized a lot for family and friends. Did $40k each of the last two years around the owner blocks and is ready for top rentals again. Seller's husband passed away and she is selling this cabin in ideal location. Adorable cabin with lake frontage in Oak Valley Subdivision. Main level offers great room with fireplace and eat in kitchen, master suite with deck overlooking the lush greenery and small lake behind it. Upstairs has open loft bedroom with private bath and large windows to enjoy the views also. There is a pavilion with walkway attached to the house that has comfortable seating and firepit overlooking the water Location is just off the beaten path in the Arts and Crafts community of Gatlinburg making this an excellent choice for your second home or rental. Cabin is set up with a king bed, queen sleeper and full sleeper and is perfect for a couple or up to six people so this is a no brainer if you are looking for a good investment property .Game tables and pool table are upstairs ini the loft and offers gaming for all ages.
Highlights
Home typeSingle Family Residence
HeatingCentral, Heat Pump, Propane, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,290 sqft
Lot size0.5 Acres
Year built2017
ParkingOff-Street Parking
MLS #1290786
FireplaceGas, Stone, Gas Log
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Basement: No
- Flooring Type: Laminate, Hardwood
- Interior: Cathedral Ceiling(s), Eat-in Kitchen
- Fireplace: Gas, Stone, Gas Log
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Off-Street Parking
- Architectural Style: Cabin, A-Frame
- Heating: Central, Heat Pump, Propane, Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $530,000
- Price/SqFt: $410
- Annual Tax Amount: $1,112
- Tax Year: 2023
- Lot: Wooded, Corner Lot, Irregular Lot, Level, Rolling/Hilly
- Directions: East Pkwy to left on Glades Rd. Left onto Powdermill Rd and left onto Valley Drive. Merges with Lake Drive, stay left. On the corner of Lake Drive and N. Highland Drive just past the lake.
- Year Built: 2017
- Living Area: 1,290 SqFt
- Lot Size: 0.5 Acres
- MLS Number: 1290786
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Prime Choice Realty, LLC
- Office Phone: (865) 365-1316
- Office Email: rjernigan25@gmail.com
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 © 2025 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: 6/28/2025, 3:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$530,000
1520 Lake Dr
$6,294
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 03, 2017 | Home Sold | $174,500 |
| Oct 05, 2016 | Home Sold | $27,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $120,240 | $1,112 |
| 2022 | $75,150 | $1,112 |
| 2021 | $75,150 | $1,112 |
| 2020 | $75,150 | $1,112 |
History based on county public records data.
Nearby schools
5
Pittman Center Elementary School
Public District PK-6
3.0 mi
•2455 E Parkway
5
Catons Chapel Elementary School
Public District PK-6
3.6 mi
•3135 Catons Chapel Rd
4
Pi Beta Phi Elementary School
Public District PK-6
3.9 mi
•125 Cherokee Orchard Rd
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 $46,006. The most common annual income of people living in Gatlinburg, TN is between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
33%
<35k
54%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
46%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Monster Trucks
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Chevrolet
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1520 Lake Dr
The listing price of 1520 Lake Dr property is $530,000.
The property 1520 Lake Dr is a house located in Gatlinburg, Tennessee, 37738.
Active Listing: 1520 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1520 Lake Dr are: Pittman Center Elementary School (GreatSchools Rating 5/10), Catons Chapel Elementary School (GreatSchools Rating 5/10), Pi Beta Phi Elementary School (GreatSchools Rating 4/10), Gatlinburg Pittman Junior High School (GreatSchools Rating 6/10), Pigeon Forge Junior High School (GreatSchools Rating 4/10), Pigeon Forge Intermediate School (GreatSchools Rating 4/10), Gatlinburg Pittman High School (GreatSchools Rating 7/10), Pigeon Forge High School (GreatSchools Rating 5/10), Sevier County High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,112 (source: MLS/based on county public records data).
The last sale was on April 3, 2017 for $174,500 (source: MLS/tax record).
The property at 1520 Lake Dr has 2 bedrooms and 2 bathrooms.
The property 1520 Lake Dr is 1,290 SqFt (source: MLS/tax record).
The year of construction for 1520 Lake Dr is 2017.
This home is located at 1520 Lake Dr in Gatlinburg, TN and zip code 37738. This 1,290 square foot home, which was built in 2017, sits on a 0.50 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $530,000.
In May 2025 more than 1 listings in Gatlinburg, TN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 19 were sold below. The inventory of homes for sale in Gatlinburg, TN between April and May 2025 increased by 13%. The median list price of listings available in May 2025 was $641,500, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.