1196 Iris Way, Cosby, TN 37722 (MLS# 1317058)


$506,900
1196 Iris Way
Cosby, TN 37722
MLS# 1317058
4 beds  |  2688 sqft


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Property Description
Investment Opportunity or Private Mountain Retreat - Renovated Cabin on 3 Acres Nestled in the heart of the Smoky Mountains, this beautifully renovated 4-bedroom, 3-bath cabin sits on a private 3-acre parcel, offering a rare blend of rustic charm, modern comfort, and income-generating potential. Surrounded by towering hardwoods and sweeping mountain views, this turn-key property offers the best of both worlds: a tranquil escape from city life and close proximity to top tourist destinations like Dollywood, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park. Property Features: Fully Renovated Interior blending traditional log cabin aesthetics with modern finishes Spacious living area with wood accents, cozy furnishings, and abundant natural light Chef's kitchen with butcherblock countertops, stainless steel appliances, and ample cabinetry Dining area with serene forest views - ideal for family gatherings or quiet meals 4 comfortable bedrooms and 3 full bathrooms to accommodate families or groups Expansive deck perfect for relaxing, entertaining, or stargazing Outdoor Lifestyle at Your Doorstep: Enjoy quick access to hiking, fishing, ziplining, waterfalls, and year-round attractions. Whether it's a peaceful morning coffee on the deck or an adrenaline-packed day of mountain adventures, this location offers something for everyone. Short-Term Rental Potential: With its prime location, updated amenities, and authentic mountain appeal, this property is ideal for vacation rental investors. The Smoky Mountains area consistently ranks among the top-performing short-term rental markets in the U.S., with high occupancy rates and strong seasonal demand. Whether you're looking for a profitable vacation rental or a serene mountain hideaway, this property checks all the boxes. Don't miss your chance to own a piece of Smoky Mountain paradise.

Details
Maps
Contract Info
Service Level Provided: MLS Entry Only
Auction Y/N: No
Listing Price: 506900
Current Price: $506,900
Status: Active
Listing Date: 2025-09-30
Location, Tax & Legal Info
Area: Cocke County - 39
Property Sub-Type: Residential
City/County Code: County
Total Tax: 618.27
General Property Description
Type: 2 Story
# Bedrooms: 4
Acres: 3
Acre Source: Tax Records
# of Rooms: 11
Restrictions: No
Site Built: Yes
Fireplace: No
Property Status: N/A
SqFt - Main Lvl: 1344
SqFt - Down Lvl: 1344
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: No
Basement: Yes
Bonus Room: Yes
SqFt - Total (Aprox): 2688
Baths - Full: 3
Year Built: 1998
Remarks & Misc
Directions: From I-40 heading towards Gatlinburg take exit 435 to Newport TN-32 S for about 4 miles. Take a right onto Bogart. In about 5 miles make a right at Sunset Gap on Iris Way. Driveway os hidden. Head up the driveway and when you see a house with a red tin roof the driveway with be on the left. Heat all the way up until you get to the house.
Public Remarks: Investment Opportunity or Private Mountain Retreat - Renovated Cabin on 3 Acres Nestled in the heart of the Smoky Mountains, this beautifully renovated 4-bedroom, 3-bath cabin sits on a private 3-acre parcel, offering a rare blend of rustic charm, modern comfort, and income-generating potential. Surrounded by towering hardwoods and sweeping mountain views, this turn-key property offers the best of both worlds: a tranquil escape from city life and close proximity to top tourist destinations like Dollywood, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park. Property Features: Fully Renovated Interior blending traditional log cabin aesthetics with modern finishes Spacious living area with wood accents, cozy furnishings, and abundant natural light Chef's kitchen with butcherblock countertops, stainless steel appliances, and ample cabinetry Dining area with serene forest views - ideal for family gatherings or quiet meals 4 comfortable bedrooms and 3 full bathrooms to accommodate families or groups Expansive deck perfect for relaxing, entertaining, or stargazing Outdoor Lifestyle at Your Doorstep: Enjoy quick access to hiking, fishing, ziplining, waterfalls, and year-round attractions. Whether it's a peaceful morning coffee on the deck or an adrenaline-packed day of mountain adventures, this location offers something for everyone. Short-Term Rental Potential: With its prime location, updated amenities, and authentic mountain appeal, this property is ideal for vacation rental investors. The Smoky Mountains area consistently ranks among the top-performing short-term rental markets in the U.S., with high occupancy rates and strong seasonal demand. Whether you're looking for a profitable vacation rental or a serene mountain hideaway, this property checks all the boxes. Don't miss your chance to own a piece of Smoky Mountain paradise.
Atchd/Dtchd Type
Detached: 1
Style
Cabin: 1
Traditional: 1
Construction
Block: 1
Frame: 1
Siding
Wood: 1
Fireplace
None: 1
Cooling
Central Cooling: 1
Floors
Hardwood: 1
Luxury Vinyl Plank: 1
Tile: 1
Garage/Parking
None: 1
Basement
Finished: 1
Walkout: 1
Lot Description
Irregular Lot: 1
Wooded: 1
Fuel
Electric: 1
View
Country Setting: 1
Mountain View: 1
Seasonal Mountain View: 1
Wooded: 1
Heat
Forced Air: 1
Heat Pump: 1
Dining Area
Breakfast Bar: 1
Eat-in Kitchen: 1
Formal Dining Area: 1
Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Other Rooms
Addl Living Quarter: 1
Basement Rec Room: 1
Bedroom Main Level: 1
Extra Storage: 1
Family Room: 1
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Exterior Features
Deck: 1
Porch - Covered: 1
Prof Landscaped: 1
Windows - Aluminum: 1
Windows - Insulated: 1
Misc Features
Cathedral Ceiling(s): 1
Walk-in Shower: 1
Walk-In Closet(s): 1
Washer/Dryer Connect: 1
Whirlpool Tub: 1
Sewer
Septic Tank: 1
Water
Well: 1
Outbuildings
Barn: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 1196
Street Name: Iris
St Suffix: Way
State/Province: TN
Zip Code: 37722
PIN #: 055 034.01
Geo Lat: 35.864229
Geo Lon: -83.297207
Status Change Info
Status Change Date: 2025-09-30
Property Features
Style: Cabin; Traditional
Construction: Block; Frame
Siding: Wood
Basement: Finished; Walkout
Lot Description: Irregular Lot; Wooded
View: Country Setting; Mountain View; Seasonal Mountain View; Wooded
Fireplace: None
Floors: Hardwood; Luxury Vinyl Plank; Tile
Fuel: Electric
Heat: Forced Air; Heat Pump
Cooling: Central Cooling
Appliances: Dishwasher; Microwave; Range; Refrigerator; Smoke Detector
Sewer: Septic Tank
Water: Well
Other Rooms: Addl Living Quarter; Basement Rec Room; Bedroom Main Level; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level
Misc Features: Cathedral Ceiling(s); Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Whirlpool Tub
Exterior Features: Deck; Porch - Covered; Prof Landscaped; Windows - Aluminum; Windows - Insulated
Outbuildings: Barn
Dining Area: Breakfast Bar; Eat-in Kitchen; Formal Dining Area
Showing: See Agent Instructns
New Financing: Cash; Conventional

IDX
Listing Office: The Real Estate Firm, Inc.

Office Phone: 865-770-4030

Last Updated: March - 19 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.



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