244 Palmer Rd, Gatlinburg, TN 37738

$550,000
3
BD
2
BA
2,895
SqFt

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Sold Price
$550,000
List Price
$599,000
Closing Date
Oct 15, 2026
MLS#
1315613
Status
CLOSED
Type
Single Family Residential
City
Gatlinburg
County
Sevier
Bedrooms
3
Bathrooms
2
Baths Full
2
Living Area
2,895
Year Built
1984

Property Description

PRICE REDUCED TO SELL FAST! Spacious 3BR/2BA Log Cabin in Gatlinburg's Arts & Crafts District - Prime Investment Opportunity in the Great Smoky Mountains! Prime location, charm, and income potential with this stunning 3-bedroom, 2-bath log cabin is nestled in a private setting in the highly desirable Arts & Crafts District of Gatlinburg--just minutes from downtown attractions, dining, shopping, and the Trolley stop. Step inside to discover vaulted and beamed ceilings, a warm and inviting living room with a floor-to-ceiling stacked stone hearth, and a wood-burning stove that creates the perfect mountain cabin ambiance. The fully furnished, turn-key home is ready to move in or rent immediately and is already a proven short-term rental income producer, making it a fantastic investment opportunity. The main level features a spacious primary suite with a king-size bed and an updated en-suite bath with a custom stone walk-in shower. Upstairs, you'll find all-new flooring, a recently updated modern full bath, and two additional generously sized bedrooms. The extra-large second bedroom includes another king-size bed, while the oversized bonus area is perfect for groups, offering built-in bunk beds (3 twins), a queen bed, Air Hockey, and Foosball--comfortably accommodating up to 9 guests. The kitchen is fully equipped with stainless steel appliances, granite countertops, a breakfast bar, and a cozy eat-in dining area--ideal for entertaining. Enjoy the great outdoors on the expansive wrap-around covered porch, complete with rocking chairs, porch swings, hammocks, a hot tub, and a high-top table and chairs--plus a stone patio with grill space for evenings under the stars. Additional features include: Smart Home technology with Google integration & Nest thermostat system. -Walking distance to Trolley stop and local restaurants -Close to downtown Gatlinburg, the Parkway, and Dollywood -Sleeps up to 9 comfortably Strong past rental history with impressive ROI potential Don't miss this rare opportunity to own a beautiful, income-generating cabin in one of Gatlinburg's most popular and walkable locations. Whether you're seeking a personal mountain retreat, a vacation rental, or an investment property--this cabin checks all the boxes!

Additional Information

Acres
0.66
Appliances
Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer
Construction
Block, Frame, Log
Cooling
Ceiling Fan(s), Central Air
Fireplace
Yes
Floors
Tile, Vinyl
Garage
None
Living Area
2,895
Lot Description
Wooded, Rolling Slope, Corner Lot, Irregular Lot
Lot Dimensions
221x70x143x190x36
Style
Log, Cabin
Subdivision
Ely Acres
View
Mountain View, Wooded, Seasonal
Year Built
1984
Subdivision
Ely Acres
Heating
Central, Heat Pump, Electric
Num Of Rooms
8
Restrictions
Yes
Fireplaces
1
Hoa
No
Water
Public
Sewer
Septic Tank

Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.

How It Works

Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.

Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.

Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.

Frequently Asked Questions

Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.

Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.

Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.

Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.

Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578

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Listing courtesy of Wallace. Selling Office: .

Agent: Rob Johnson |

Office: Wallace |