5 months on rocket

368 Wild Orchid Way, Gatlinburg, TN, 37738

$724,898

Home List Price

$8,608*

Closing Credit

2 Bedrooms
2 Full Baths
1,700 SqFt
$426/SqFt
House
Schools Nearby

Location

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368 Wild Orchid Way, Gatlinburg$724,898

Buyer Closing Credits

$8,608*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingCommon
Year Built2004
HeatingCentral, Propane
CoolingCentral Air
FireplaceStone, Gas Log
ViewTrees/Woods
MLS #1247637
Lot Size0.01 Acres
StatusActive

About 368 Wild Orchid Way

INVESTORS - Fully renovated cabin in EXCELLENT Location! This cash cow is on track to produce around $100,000 annually. It has produced nearly $50,000 in just the past 6 months. Guests love being just a short 10 minute drive from both Pigeon Forge and Gatlinburg! This beautiful cabin is the complete package - Desirable Location, Fully Turnkey, privacy galore, repeat guest clientele, & MUCH more. This cabin sleeps up to 8 and features plenty of entertainment options, including a pool table, multicade arcade machine, board games, etc. All furniture, appliances, & entertainment to convey to buyer at closing with no restriction on what rental management company the buyer can use! This cabin features a jetted tub in the master, hot tub, loft with en-suite bathroom and plenty more. Get all this with LOW taxes - the cherry on top. Don't miss out on this cabin, put your offer in today before it's too late!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 2004
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: Freedom Real Estate
  • Office Phone: (865) 302-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Cathedral Ceiling(s)
  • Fireplace: Stone, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Common

Lot Features

Lot Information:

  • Lot: Private, Wooded
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Propane
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gatlinburg Pittman High School, Public District Grades 9-12
  • Pigeon Forge High School, Public District Grades 9-12
  • Sevier County High School, Public District Grades 9-12
  • Pi Beta Phi Elementary School, Public District Grades KG-8
  • Pigeon Forge Middle School, Public District Grades 5-8
  • Catons Chapel Elementary School, Public District Grades PK-8
  • Pigeon Forge Primary School, Public District Grades PK-4
  • Sevierville Intermediate School, Public District Grades 3-5
  • Catlettsburg Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Sevierville, take the parkway towards Gatlinburg. At the Spur turn right onto Norton Creek Road, then take the first left onto Wild Orchid Way. Stay left at the split, and proceed to top to 368 Wild Orchid Way. Cabin name is Nestled Nook. Sign says 'Nestled Nook' at top of driveway pointing to cabin.

Price Information

Listing Price Info

Price Summary:

  • List Price: $724,898
  • Price Per SqFt: $426/SqFt

HOA Fees:

  • Amount: $370
  • Frequency: Annually

Tax Information:

  • Annual Amount: $748
  • 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

$575K

Med. Price/SqFt

$393

Avg. Days On Market

132

# of Sold Homes

23

368 Wild Orchid Way vs Gatlinburg

157 DAYS ON ROCKET

+25 Days

$724,898

+$149.8K More

$426/SqFt

+$32 More

KEY TAKEAWAY

This property is $149.8K more than the Median Sold Price and $32/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: #1247637

Listing Office:

  • Office Name: Freedom Real Estate
  • Office Phone: (865) 302-3232

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: 5/13/2024, 10:20:39 PM 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 13, 2020Home Sold
$303,500
Jul 24, 2013Home Sold
$117,900
Nov 06, 2012Home Sold
$117,900
Dec 06, 2007Home Sold
$215,400

Tax History

YEARPROP. TAXASSESSMENT
2020$748$75,125
2019$748$40,200
2018$748$40,200
2017$748$40,200

History based on county public records data.

Payment Calculator

$3,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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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.

Elementary School

school-card-donut-201551
3
/10

  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 6.78 miles

  • Public District Grades PK-4

school-card-donut-201552
2
/10

  • Sevierville Intermediate School

  • 416 High St

  • 8.76 miles

  • Public District Grades 3-5

school-card-donut-201553
5
/10

  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 12.11 miles

  • Public District Grades KG-6

Middle School

school-card-donut-201554
4
/10

  • Pi Beta Phi Elementary School

  • 125 Cherokee Orchard Rd

  • 2.03 miles

  • Public District Grades KG-8

school-card-donut-201555
4
/10

  • Pigeon Forge Middle School

  • 300 Wears Valley Rd

  • 5.50 miles

  • Public District Grades 5-8

school-card-donut-201556
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 5.98 miles

  • Public District Grades PK-8

High School

school-card-donut-201557
7
/10

  • Gatlinburg Pittman High School

  • 150 Proffitt Rd

  • 4.42 miles

  • Public District Grades 9-12

school-card-donut-201558
5
/10

  • Pigeon Forge High School

  • 414 Tiger Dr

  • 5.68 miles

  • Public District Grades 9-12

school-card-donut-201559
5
/10

  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 8.78 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,375. Typical income of Gatlinburg, TN residents is between $35k-100k annually. Typical family type is married, 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 368 Wild Orchid Way

What is the listing price of this property?

The listing price of 368 Wild Orchid Way property is $724,898.

What type of property is this?

The property 368 Wild Orchid Way is a house located in Gatlinburg, Tennessee, 37738.

Is this property for sale now?

Active Listing: 368 Wild Orchid Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 368 Wild Orchid Way are:
Pigeon Forge Primary School: GreatSchools Rating 3/10
Sevierville Intermediate School: GreatSchools Rating 2/10
Catlettsburg Elementary School: GreatSchools Rating 5/10
Pi Beta Phi Elementary School: GreatSchools Rating 4/10
Pigeon Forge Middle School: GreatSchools Rating 4/10
Catons Chapel Elementary School: GreatSchools Rating 5/10
Gatlinburg Pittman High School: GreatSchools Rating 7/10
Pigeon Forge High School: GreatSchools Rating 5/10
Sevier County High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $748 (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 13, 2020 for $303,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 368 Wild Orchid Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 368 Wild Orchid Way is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 368 Wild Orchid Way is 2004.

Rocket Homes›Tennessee›Sevier County›Gatlinburg›37738›368 Wild Orchid Way

This home is located at 368 Wild Orchid Way in Gatlinburg, TN and zip code 37738. This 1,700 square foot home, which was built in 2004, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $724,898.

In April 2024, from all listings sold in Gatlinburg, TN there were more than 1 sold above asking price, over 16 sold below and more than 6 were sold right at the asked price. Between March 2024 and April 2024, Gatlinburg, TN real estate market has seen increase in the number of listings by 11.8%. In April 2024 median list price was $575,000 and the average listing age was 132 days.

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

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