1960 Blackthorn Trl - Residential Income FOR SALE


Sevierville, TN 37876
$2,299,900 USD
865-770-4030
1960 Blackthorn Trl, Sevierville, TN for Sale
$2,299,900 USD
Residential Income - FOR SALE
1/75
null | 10% Cap Rate

1960 Blackthorn Trl
Sevierville, TN 37876


HIGHLIGHTS

  • 12 bedrooms, 13 bathrooms — designed and built to maximize group occupancy
  • Breathtaking mountain views including Mt. Le Conte — premium guest experience, Located minutes from Pigeon Forge, Gatlinburg, and Dollywood — premier
  • Legally approved for 56 guests — grandfathered status under Sevier County STR ordinance

OVERVIEW

ONE OF SEVIER COUNTY'S LAST FULLY GRANDFATHERED 56-GUEST STR PERMITS -- A REGULATORY STATUS THAT CANNOT BE BOUGHT, BUILT, OR REPLICATED UNDER CURRENT LAW. This is not just a cabin -- it's a permitted, income-producing lodge business with irreplaceable legal standing. Sevier County's STR ordinance changes have made large-group permits like this virtually impossible to obtain for new properties. Buying 1960 Blackthorn Trail means acquiring a protected operating right that gives you a permanent competitive advantage in the Smoky Mountain rental market. THE PROPERTY: Custom-built luxury log lodge, 12 bedrooms, 13 bathrooms, 5,856 SF, legally approved for 56 guests. Built in 2012 -- prior to current sprinkler requirements -- preserving its full grandfathered, compliant operating status. Breathtaking mountain views including Mt. Le Conte by day, star-filled skies at night. Fully furnished and turnkey with all-new furnishings and updates within the past 24 months. Located minutes from Pigeon Forge, Gatlinburg, and Dollywood. PROVEN INCOME HISTORY: 2021: $284,912 | 2022: $295,721 (peak) | 2023: $269,565 | 2024: $198,211 (renovation year -- property fully updated) | 2026 Projected: $275,000 with $140,000+ already booked and collected. 2024 CONTEXT FOR INVESTORS: The 2024 income dip reflects a deliberate investment period -- the property underwent a full interior renovation and refurnishing. It was not a demand or market issue. Forward bookings for 2026 confirm the full recovery, with $140,000+ already secured, tracking toward the $275,000 projection. WHY INVESTORS ARE BUYING THIS: Gross yield over 12% at peak. Immediate income from existing 2026 bookings. Zero exposure to future STR regulation changes -- legally grandfathered. Turnkey asset, nothing to update or furnish. Premier Smoky Mountain location in the most-visited national park destination in the United States attracting over 12 million visitors annually. Offered fully furnished. Seller is motivated and open to qualified investor conversations. Financials and booking history available upon request to serious buyers.

FOR SALE DETAILS

PRICE

$2,299,900 USD

PRICE/SF

$393 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grandview Lodge

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,738 SF

ZONING

C

APN/PARCEL ID

096A-B-022.00

ASK ABOUT THIS PROPERTY

Kelly WhiteThe Real Estate Firm, Inc. SevierMore Info
865-770-4030

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Kelly WhiteThe Real Estate Firm, Inc. SevierMore Info
865-770-4030

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.