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Active · MLS 1354951

829 Wiley Oakley Drive, Gatlinburg, TN 37738

Gatlinburg, TN, 37738

ActiveSingle Family Residence6 days on market

$2,350,000

4Beds
5.5Baths
3,736Sq Ft
0.32 acresLot
2025Built

Property Description

This is the kind of Smoky Mountain short term rental investment that rarely comes to market: a nearly new, fully furnished, turnkey luxury cabin with exceptional mountain views, an established rental history, future bookings already on the calendar, and a proven management company in place. Located in Chalet Village, one of Gatlinburg's most desirable vacation rental communities, this one of a kind property checks the boxes investors are searching for and then goes far beyond them. With approximately $330,000 in forward twelve-month projection, this cabin has already demonstrated its earning potential. The current luxury management company has done an outstanding job positioning and operating the property, earning it the prestigious Airbnb Luxe distinction. The cabin must remain with the existing management company for at least 90 days after closing, allowing the new owner to benefit from a smooth transition, an established operating system, and existing reservations without having to start over. For investors considering a 1031 exchange, cost segregation, or potential 100% bonus depreciation benefits, this property may offer a compelling opportunity to acquire a high performing real estate asset before year end. The management company can explain its operations and discuss options for owner involvement, while the buyer's qualified CPA or tax professional can provide guidance regarding material participation requirements, eligibility, and the buyer's individual tax strategy. The five bedroom floor plan offers an excellent bedroom to bathroom ratio and was thoughtfully designed around the elevated guest experience. From the moment you enter, the Smoky Mountain views take center stage. The open concept living area features a dramatic floor to ceiling stone fireplace, high end finishes, and expansive windows that fill the cabin with natural light while showcasing the surrounding mountains. The kitchen flows seamlessly into the living and dining areas and includes a window opening directly to an outdoor bar top. Guests can gather for meals inside or dine outdoors while overlooking the unforgettable scenery of Great Smoky Mountains National Park. Every detail encourages guests to slow down, relax, and stay awhile. A swim spa overlooks the mountains, while two outdoor gas fireplaces connected directly to the property's propane system create inviting gathering spaces without the inconvenience of replacing portable tanks. The private sauna even features a window framing the Smoky Mountain views. Spa inspired bedroom suites continue the experience with luxurious shower and tub combinations and beautiful upscale finishes. Ownership in Chalet Village provides access to three community pools, tennis courts that also accommodate two pickleball courts, basketball, a fitness center, and a community game room. The combination of desirable amenities, luxury accommodations, outstanding views, established rental performance, and proximity to downtown Gatlinburg makes this an exceptional addition to an investor's short term rental portfolio. There is nothing left to build, furnish, launch, or establish. Close, step into an operating luxury vacation rental, honor the existing reservations, and continue moving forward. This is a true plug and play Gatlinburg investment opportunity with proven revenue, professional management, future bookings, and the kind of guest experience that is difficult to recreate. A 3D tour is available, and a complete video walkthrough can be found by searching the property address on YouTube. Do not wait for this opportunity to pass you by. Contact the listing agent today to schedule a private showing and receive the full rental performance details.

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