$10,000 Closing Credit¹
#268264, Listing Office: All Star Realty
$10,000
closing credit¹
708 Octagon Dr Gatlinburg, TN 37738
$859,900 List price
$10,000
Closing credit¹
2 beds
3 full
1,561 sqft
0.01 acres
$551 / sqft
House
Property details
About 708 Octagon Dr
Nestled in the heart of Gatlinburg, this stunning octagon shaped cabin offers an unparalleled opportunity for both homeownership and investment. This exquisite cabin, recently fully remodeled, stands as a testament to quality craftsmanship and thoughtful design, ensuring a comfortable and luxurious living experience. Property Features Located in desired Blue Ridge Mountain Resort, this home boasts a unique architectural design that harmonizes with the natural beauty of the Smoky Mountains. The property features spacious living areas, high ceilings, and an abundance of natural light, creating an inviting and comfortable atmosphere. The interior is tastefully appointed with modern amenities and finishes, ensuring a luxurious living experience. Investment Potential Gatlinburg is renowned for its vibrant tourism industry, attracting millions of visitors annually who come to explore the Great Smoky Mountains National Park, enjoy the lively downtown area, and partake in a variety of outdoor activities. This steady influx of tourists makes this property an ideal candidate for an overnight rental income property. Sort Term Rental Income As an overnight rental, this property offers significant income potential. The home's location provides easy access to popular attractions, dining, and entertainment options, making it highly desirable for short-term renters. The picturesque views and proximity to nature trails and outdoor adventures further enhance its appeal to vacationers seeking a memorable stay. Key Highlights Prime Location: Situated in a sought-after area of Gatlinburg, close to major tourist attractions and amenities. Modern Amenities: Equipped with state-of-the-art appliances, comfortable furnishings, and high-speed internet. Scenic Views: Stunning vistas of the Smoky Mountains, providing a serene and captivating backdrop. Outdoor Spaces: Ample outdoor areas for relaxation and recreation, including a spacious deck with gas fire pit. Tourist Attraction Proximity: Minutes away from the Great Smoky Mountains National Park, Ober Gatlinburg, and the bustling downtown area. Investing in this property is not just about acquiring a beautiful home; it's about capitalizing on the robust tourism market of Gatlinburg, TN. Whether you envision it as a permanent residence or a lucrative Airbnb/VRBO rental, this property offers the best of both worlds. Seize the opportunity to own a piece of this thriving community and enjoy the financial benefits of an income-generating rental property in one of Tennessee's most popular tourist destinations. For more information on how to make this dream a reality, or to schedule a viewing, please contact us at your earliest convenience. Buyer to verify all information.
Highlights
Home typeResidential
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,561 sqft
BasementYes
Lot size0.01 Acres
Year built1987
ParkingDesignated Parking, Off-Street Parking
MLS #1266240
FireplaceElectric
ViewMountain(s)
Summary
- MLS Number: 1266240
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: United Real Estate Solutions
- Office Phone: (865) 444-2400
- Office Email: broker@unitedknoxville.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: 2/2/2025, 6:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$859,900
708 Octagon Dr
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 25, 2022 | Home Sold | $561,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $80,200 | $742 |
| 2022 | $50,125 | $742 |
| 2021 | $50,125 | $742 |
| 2020 | $50,125 | $742 |
History based on county public records data.
Nearby schools
4
Pi Beta Phi Elementary School
Public District PK-6
2.7 mi
•125 Cherokee Orchard Rd
5
Pittman Center Elementary School
Public District PK-6
4.3 mi
•2455 E Parkway
5
Catons Chapel Elementary School
Public District PK-6
4.4 mi
•3135 Catons Chapel 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. Residents of this area typically 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 708 Octagon Dr
This home is located at 708 Octagon Dr in Gatlinburg, TN and zip code 37738. This 1,561 square foot home, which was built in 1987, sits on a 0.01 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $859,900.
While more than 3 listings in Gatlinburg, TN in January 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 14 were sold below. Between December and January 2025, Gatlinburg, TN real estate market has seen increase in the number of listings by 10.7%. In January 2025 median list price was $648,749 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.