1131 Tanrac Trail, Gatlinburg, TN 37738
Limberlost · Sevier County
Key Facts
Description
Fantastic 2-for-1 investment opportunity just minutes from the heart of Gatlinburg! This versatile property is ideal as a short-term rental. It also works perfectly as a long-term rental or primary residence with a private in-law suite. Each level offers its own driveway, entrance, kitchen, living area, and sleeping quarters. Recent updates include new roof, LVP flooring upstairs, paint, walk-in shower, railing around back deck, countertops, oven, refrigerator, detached shed/workshop, and more. Conveniently located just 6 minutes to the Arts & Crafts Community and 10 minutes to Downtown Gatlinburg, with low county-only taxes and no HOA dues.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Cottage
Year Built
1976
Stories
2
Living Area
1,920 sq ft
Lot Size
0.38 acres
Zoning
R-1
MLS® Listing#
312546
Property Features
Interior
Exterior
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Lot Features
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$583
Tax year 2025
Parcel Number
117B B 00800 000
Directions
Take exit 407 from I-40 E Follow TN-66 S/Winfield Dunn Pkwy to E Main St Take Dolly Parton Pkwy to Old Tennessee 35 N Take TN-416 S/Pittman Center Rd and TN-454 to Tanrac Trail
Affordability Calculator
$89,000
Estimated monthly payment
$2,368/mo
Principal $356,000 · Est. interest $496,652 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gatlinburg, TN
- $649,359
- Median Listing Price
- 88
- Median Days on Market
- 1,885
- Median Sq Ft
- $367
- Median Price / Sq Ft
- 798
- Active Listings
- This home’s price is 31% below the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gatlinburg, TN.
Location
Points of Interest in Gatlinburg, TN
Showing the Gatlinburg area map.
Nearby Schools
Gatlinburg Pittman High School
Secondary · 2.0 mi away
PI Beta Phi Elementary
Elementary · 2.9 mi away
Pittman Center Elementary School
Elementary · 4.0 mi away
Catons Chapel Elementary
Elementary · 4.2 mi away
Eugene W Huskey Environmental Center
School · 4.9 mi away
Pigeon Forge Middle School
School · 7.2 mi away
Pigeon Forge High School
Secondary · 7.2 mi away
Pigeon Forge Intermediate School
Secondary · 7.3 mi away
Sevierville Primary
Elementary · 8.2 mi away
Sevier County High School
Secondary · 8.7 mi away
Pigeon Forge Primary
Elementary · 8.9 mi away
T Lawson Early Childhood Education Center
School · 9.1 mi away
Sevierville Intermediate School
Secondary · 9.2 mi away
St Andrew's School
School · 9.3 mi away
Wearwood Elementary
Elementary · 9.3 mi away
Sevier County School District
Elementary · 9.4 mi away
Whites Adult High School
Secondary · 9.4 mi away
New Center Elementary
Elementary · 9.6 mi away
Little Greenbrier School
School · 9.9 mi away
Jones Cove Elementary
Elementary · 11.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1260 Ski View Drive APT 5204, Gatlinburg, TN | $314,995 | 2 | 2 | 823 |
| 102 Baskins Creek Bypass 207, Gatlinburg, TN | $319,500 | 2 | 2 | 773 |
| 1380 Ski View Drive APT 3303, Gatlinburg, TN | $324,900 | 2 | 2 | 930 |
| 315 Elbow Lane, Gatlinburg, TN | $325,000 | 2 | 2 | 951 |
| 616 Turkey Nest Rd APT 205, Gatlinburg, TN | $325,000 | 2 | 2 | 888 |
| 616 Turkey Nest Road APT 205, Gatlinburg, TN | $325,000 | 2 | 2 | 888 |
Moving Cost Estimate
EXIT Agents in Gatlinburg
Listing Courtesy: LPT Realty, LLC - 8773662213