Crown And Anchor Can Help You Purchase This Home

Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!

712 Octagon Drive, Gatlinburg, 37738

Priced At: $659,900

Property Details for ID: 1347381

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SqFt: 1,650
Price SqFt: $400
Total Bedrooms: 2
Full Baths: 3 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-07-08T08:00:00Z
Subdivision: Condo Villa III

Public Remarks: Some cabins offer mountain views. Others offer convenience. Very few deliver both--while offering a proven history as a successful short-term rental. Welcome to The Reserve--a beautifully renovated mountain retreat where modern design, privacy, and one of the Smokies' most sought-after locations come together. Officially offered as a two-bedroom, three-bath cabin, its thoughtfully designed layout has been successfully advertised on Airbnb as a three-bedroom vacation rental accommodating up to six guests, creating exceptional flexibility for buyers seeking a personal mountain retreat, a proven short-term rental investment, or the best of both. Just 4.1 miles from downtown Gatlinburg, 6.7 miles from the entrance to Great Smoky Mountains National Park, and only 13 miles from Dollywood, this property places owners and guests within minutes of the area's most popular attractions while still feeling peacefully tucked away among the trees with beautiful mountain views from the expansive deck. Inside, approximately 1,650 square feet of thoughtfully designed living space welcomes you with oversized windows that frame the mountains, a warm stone fireplace, an open-concept gathering space, a fully equipped kitchen, and three full bathrooms that comfortably accommodate family and guests. Multiple outdoor living areas, including a spacious deck with a hot tub, create the perfect setting to enjoy sunrise coffee, evening sunsets, or quiet nights beneath the stars. The private lower level, complete with its own living space, full bath, coffee bar, and separate exterior entrance, provides additional privacy that guests and owners alike will appreciate. For investors, this isn't simply a cabin with potential--it's a property with demonstrated performance, generating $87,568 in gross rental revenue during 2025 while earning a 4.85-star Airbnb rating, reflecting a history of satisfied guests and consistent demand. Whether you're searching for a turnkey investment, a mountain getaway to enjoy with family, or a second home that helps offset ownership costs, The Reserve offers the rare combination of proven income potential, breathtaking mountain views, modern finishes, and a location that keeps visitors returning to the Smokies year after year.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Cabin, Chalet
Type: 2 Story Basement
Site Built: Yes
Year Built: 1987
Total Rooms: 8
SqFt (Total): 1,650
SqFt (Main Lvl): 850
SqFt (Down Lvl): 800
Full Baths: 3
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Finished, Plumbed, Outside Entr Only

  Exterior Features

Features: Balcony, Deck, Doors - Energy Star, Window - Energy Star
Construction: Block, Other
Siding: Wood

  Appliances

Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector

  Room Dimensions

  Interior Features

Dining Area: Eat-in Kitchen, KitchenDining Rm Co
Floors: Laminate
Other Rooms: Addl Living Quarter, Basement Rec Room, Bedroom Main Level, Extra Storage, Family Room, LaundryUtility, Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling, Hot Tub, Internet Available, Walk-in Shower, WasherDryer Connect, Wet Bar, Whirlpool Tub

  Property Details

Acreages: 0.01
Lot Description: Irregular Lot, Rolling Slope, Wooded
View: Country Setting, Mountain View, Wooded

Utilities

Fuel Types: Electric, Propane

Financing

Finance Options: Cash, Conventional, FHA, Other

  HOA Information

Restrictions: Yes
HOA: Mandatory
HOA Fee: 695
HOA Freq: Quarterly
HOA Contact: [email protected]

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 1
Fireplace Type(s): Gas Log, Stone
Cooling Type(s): Ceiling Fan(s), Central Cooling, Zoned
Heat Type(s): Central, Zoned

Garage / Parking

Designated Parking, Main Level, Off-Street Parking

  Community Features

Club House, Swimming Pool

Outbuildings


Presented By: / Keller Williams West Knoxville

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From Gatlinburg turn onto Hwy 321N East Parkway. Turn left onto Ridge Rd. Turn right onto Cartertown Rd. Go 1.1 miles turn left onto E Foothills Dr. Follow E. Foothills Dr. and turn right on Octagon Dr. Follow to property on left. Sign on Property.



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( Departing today at 8:00am )


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