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635 Black Bear Falls Way, Gatlinburg, TN, 37738

3beds
3baths
1,824sqft
$710,000
$389price/sqft
$4,946/moest. monthly cost
$197,840/yrincome needed

About This Home

Set within Gatlinburg's coveted Black Bear Falls Resort, this fully updated luxury log cabin offers an exceptional blend of classic Smoky Mountain character, modern refinement, and proven investment appeal. Thoughtfully enhanced throughout, the residence is equally suited as a private second home or a high-performing vacation rental in one of East Tennessee's most sought-after resort communities. The great room sets a dramatic tone, defined by soaring beamed ceilings, a striking stacked-stone fireplace, and a full wall of windows that invites natural light and forested views into the space. Rich hardwood floors extend into an open dining area with seating for eight, while the refreshed kitchen features new stainless-steel appliances, granite countertops, and generous workspace--ideal for both everyday living and entertaining. The well-designed floor plan prioritizes comfort and flexibility, offering multiple king suites across three levels. A main-level king bedroom enjoys convenient Jack-and-Jill bath access, while the upper level hosts a private deluxe king suite with its own ensuite. On the lower level, a spacious recreation lounge with pool table anchors an additional king suite, creating a private retreat for guests or extended stays. New flooring on the upper and lower levels provides a clean, contemporary finish throughout. Outdoor living is a highlight, with two covered decks offering ample space to relax, entertain, or unwind in the brand-new hot tub while taking in seasonal views of Mount LeConte. All-new furnishings ensure a truly turnkey experience. As part of Black Bear Falls Resort, owners and guests enjoy access to a clubhouse and community pool, enhancing both lifestyle and rental desirability. The location is equally compelling--minutes from downtown Gatlinburg, grocery and dining conveniences, Rocky Top Sports World, Dollywood, and the entrance to Great Smoky Mountains National Park. With extensive updates, resort amenities, and a prime Gatlinburg location, this cabin represents a compelling opportunity to enjoy or invest in luxury Smoky Mountain living--where charm, convenience, and performance align.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
4/10
8/10

Construction

Condition

  • Year built: 2001

Materials

  • Construction materials: Wood Siding,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Eat-in Kitchen
  • Flooring: Other
  • Number of fireplaces: 1
  • Fireplace features: Gas Log
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 1,824
  • Total interior livable area: 1,824 sqft

Property

Details

  • Parcel number: 117J C 001.00

Lot

  • Lot size: 435.60 sqft
  • Features: Rolling Slope

Parking

  • Parking features: None

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

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning

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 $3,590$43,080
Home Insurance $232$2,784
Property Taxes $949$11,388
Electricity $175$2,103
Total$4,946$59,352

Income You'd Need if You Spent...

35% on housing$169,577/yr
40% on housing$148,380/yr
45% on housing$131,893/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

$389This listing

vs Other Active Listings

Avg $/sqft

ZIP 37738$288
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
2026-03-06Price change$710,000
2025-09-09Listed for sale$730,000
2019-03-22Sold$380,000
2019-02-19Pending sale$369,900
2019-02-15Listed for sale$369,900
2018-02-08Listing removed$2,886
2018-02-03Price change$2,886
2018-01-22Price change$2,576
2017-11-19Price change$2,651
2017-11-06Price change$2,792
2017-10-25Price change$2,768
2017-10-08Price change$3,286
2017-09-14Price change$2,924
2017-08-10Listed for rent$5,457
2015-01-31Listing removed$255,000
2014-10-20Sold$214,000
2014-10-02Listed for sale$255,000
2014-06-16Listing removed$255,000
2014-02-05Listed for sale$255,000
2013-06-27Listing removed$229,000
2013-03-29Listed for sale$229,000
2010-06-30Listing removed$234,900
2010-06-02Price change$234,900
2010-03-20Listed for sale$249,900
2004-10-08Sold$255,000

For Sale by Agent

AgentJanet Giffee
BrokerageeXp Realty, LLC

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