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For saleReduced $53,000 from $499,999

$446,999

1 beds540 sq ft0.01 acres

505 Hoot Owl WayGatlinburg, TN 37738

Homes, condos and townhomes · MLS 11855687 · Listed 126 days ago (Jun 26, 2026)

5.8 mi straight line to Ober Gatlinburg Ski Area & Adventure Park (alpine resort) · Ski access details

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For sale: On the market and available to show.

About this property

INCOME PRODUCING PROPERTY DSCR loans available -- qualify on the property's income, not your tax returns. Skip the guesswork. This property has a proven booking history and conveys furnished and ready for guests. Actual income and occupancy figures are available on request. --------------- This is a Certified Pre-Owned Home: 12-month Home Warranty plus our 24-month Satisfaction Guarantee. Investor benefits available with this property: - DSCR financing available -- the loan qualifies on the property's income rather than your personal tax returns - Documented rental income and booking history -- ask your agent for the actual numbers - Conveys turnkey and furnished -- revenue from day one, no setup gap - $2,500 buyer credit and free appraisal for qualifying buyers using AnnieMac Home Mortgage, paid by AnnieMac - Full Choice Ultimate Home Warranty coverage available, negotiated and purchased at closing - EXCLUSIVE BUY BACK GUARANTEE up to 24 months -- up to a $16,000 value - 1031 exchange buyers welcome -- ask your agent and your tax advisor --------------- AWESOME MONEY-MAKING HONEYMOON CABIN with 2025 ACTUALS of $58,897 and 2024 of $54,248!! TOP NOTCH for your guests and future bookings to convey! PRIME LOCATION and UPDATES INCLUDE: NEW HOT TUB (2024), NEW TANKLESS WATER HEATER (2023), NEW APPLIANCES (2023), GAS GRILL LINE and NEW STAINING!! INVESTORS-SCOOP THIS UP AND ADD THIS TO YOUR PORTFOLIO! OR NEW INVESTORS-TAKE ONE OVER THAT IS ALREADY INCOME-PRODUCING!! Don't wait!! Schedule to see this beautiful cabin TODAY!! --------------- EVERY DAY OPEN HOUSE -- call today for available times! --------------- Own a home you need to sell first? Buy this property and we will buy yours. Ask your agent for a free report on how this exclusive offer works. --------------- Any and all of these programs are for qualifying buyers using our preferred lender and must be included in the buyer's offer. Investor financing terms vary by program and qualification. Listing agent and seller must agree on price and possession date.

Description provided by the listing brokerage.

Ski access and nearby skiing

Why this listing is on Where2Ski: Measured distance to a ski area. It sits within 25 straight-line miles of an operating ski area's mapped entrance or base.

Nearby ski areas with straight-line distance
Ski areaTypeStraight-line distanceMeasured to
Ober Gatlinburg Ski Area & Adventure ParkTN · homes near itAlpine resort5.8 miBase areaBase area (mapped point)
Cataloochee Ski AreaNC · homes near itAlpine resort24 miVisitor entranceVisitor entrance, lodge or trailhead
Ski Sapphire ValleyNC · homes near itLocal ski area47 miResort parking lot (unnamed OSM lot inside Sapphire Valley Ski Resort area)Visitor entrance, lodge or trailhead

Straight-line miles to each ski area's base or entrance, measured Oct 30, 2026, 5:17 PM UTC. Winter drives can take longer.

Ski access claims

The listing doesn't describe ski-in, ski-out, a short walk or a shuttle. The agent can tell you how owners get to the slopes.

Ski access is as described by the listing brokerage. Confirm trail access, easements and any pass or membership with Tannor Giles of Your Home Sold Guaranteed Realty TN.

Features for skiers

  • Hot tub or spa (mentioned in description)

How listings qualify · Report a wrong distance or ski-access claim

Facts

List price
$446,999
Original list price
$499,999
Status
For sale
Property type
House (Ranch)
Bedrooms
1
Full baths
1
Interior area
540 sq ft
Lot size
0.01 acres
Year built
2000
Stories
1
County
Sevier County
HOA / association fee
$92 monthly
MLS number
11855687
Annual property tax (2025)
$1,062

Facts are provided by the listing brokerage.

Features

Appliances

  • Range
  • Refrigerator

Flooring

  • Hardwood

Heating

  • Heat Pump
  • Other
  • Natural Gas
  • Electric

Construction

  • Log Siding

Roof

  • Metal

Water

  • Public (Water Source)

Sewer

  • Other

Location

Pin placed from the listing's coordinates, which can be approximate. See more listings in Gatlinburg.

Price and status history

  • Original list price reported by the brokerage: $499,999

Changes seen in MyStateMLS data since Oct 29, 2026. Sold prices are not published.

Estimate a monthly payment

$89,400
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2025). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.

Estimated monthly payment

$2,570 per month

Principal and interest$2,260
Property tax$89
Homeowners insurance$129
HOA dues$92
Loan amount$357,599
Total interest over the term$456,098

An estimate for comparison only. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

Similar listings near Ober Gatlinburg Ski Area & Adventure Park

The same type of property, priced $335,249 to $558,749 and a similar distance from Ober Gatlinburg Ski Area & Adventure Park, newest first. See all matches

Questions to ask before you buy

Good questions for any home near the slopes.

  1. How is the property reached in winter, and who plows the road and driveway?A short straight-line distance can still mean a long or seasonal drive. Private roads, gates and mountain passes all shape winter access.
  2. Is there documented ski access from the property (trail, easement, lift), and does it transfer to a buyer?Rights to cross neighboring land or use a lift come from recorded easements and agreements, so a ski-in or ski-out description is where the question starts.
  3. Are there association, resort or club fees, and what do they cover?Some ski-area communities charge fees that cover only certain amenities, so ask what lift tickets, passes and services are included.
  4. Are there rules on renting the home short-term or long-term?Local ordinances, association covenants and deed restrictions all set rental rules, and they differ from place to place.
  5. What do heating, snow removal, winterization and utilities cost over a season?Ownership costs in snow country often run higher than the mortgage estimate suggests.
  6. For land: is there legal year-round access, and what utilities, septic and building rules apply?Seasonal roads and steep lots can limit what can be built and when it can be reached.

Printable due-diligence checklist · Ski home ownership budget

Guides and next steps

Listing courtesy of Your Home Sold Guaranteed Realty TN. Listing agent: Tannor Giles. Listings provided by MyStateMLS.

Listing updated Oct 22, 2026, 10:35 AM UTC, MyStateMLS data received Oct 30, 2026, 5:01 PM UTC. Information deemed reliable but not guaranteed.