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123 Laurel Way, Gatlinburg, TN, 37738

2beds
2baths
1,400sqft
$599,000
$428price/sqft
$4,138/moest. monthly cost
$165,520/yrincome needed

About This Home

Welcome to 123 Laurel Way. This gorgeous two bedroom, two bathroom cabin will not disappoint. Located within minutes of Pigeon Forge and Gatlinburg. Sleeps 6-8 guest. Good income producing cabin. Total turnkey with furnishings and appliances conveying. Features full equipped kitchen with stainless steel appliances, cathedral ceilings with an open loft upstairs. Has hardwood floors and a whirlpool tub in the master suite. Enjoy sitting by the fireplace or some quiet time in the hot tub on the back deck. This is a place you'll want to come to again and again. Book your showing today!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
4/10
8/10

Construction

Condition

  • Year built: 2017

Materials

  • Construction materials: Wood Siding,Log,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Log
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Cathedral Ceiling(s),Bonus Room
  • Window features: Windows - Vinyl
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,400
  • Total interior livable area: 1,400 sqft

Property

Details

  • Parcel number: 1020617

Features

  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 0.36 Acres
  • Features: Wooded

Parking

  • Parking features: Common

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Landslide
Lightning
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance $196$2,352
Property Taxes $739$8,868
Electricity $175$2,103
Total$4,138$49,656

Income You'd Need if You Spent...

35% on housing$141,874/yr
40% on housing$124,140/yr
45% on housing$110,346/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$428This listing

vs Other Active Listings

Avg $/sqft

ZIP 37738$289
Sevier County$279

vs Homes Sold Last Month

Median $/sqft

ZIP 37738$352
Sevier County$286

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-01Listed for sale$599,000
2017-11-16Sold$245,000
2002-02-15Sold$15,000

For Sale by Agent

AgentSally Shankles
BrokerageRealty Executives Associates

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