December 20: 9 Potential STRs
ππ€ Canal-front, turnkey, and built to book β this 3-bed stunner blends lifestyle + cash flow at $579K, with water views guests will pay a premium for.

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Here it sits, your quintessential "A-Frame" located in Lake Arrowhead with Lake Rights in a coveted neighborhood. built in 1964 this is the epitome of A-Frames, located in a cul-de-sac on a gradual downslope, near level lot, with lots of parking and close to the Tavern Bay Beach Club. With only one step up to the front door upon entering you'll be wowed by the soaring vaulted ceilings, captivating open space and flood of natural light. It almost feels effortless to glide through this space. On the main floor you'll find the living room, renovated kitchen, dining space, 2 bedrooms a main floor bath, and access to the back deck. Upstairs is a an open loft "primary suite" bedroom with full bath, secret nook, and the laundry/storage closet. The outside space is highly usable and you'll find little areas to sit and rest allowing you to take in the towering pine and oak trees. There is even a small shed out back that is currently bing used as an art space. Some of the renovations include, dual pain windows, front hardiebacker siding, light fixtures, paint and more. Home is equipped with central AC and comes furnished, minus sellers exclusions. This is a highly active STR, Don't let this one slip out of your hands.
$735,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $407
Expected Occupancy Rate: 57%
Monthly Expected Income: $7,056
Monthly Expected Expenses: $5,864
Monthly Expected Cash Flow: $1,192
Expected Cash on Cash Return: 7.8%

Tucked away in a private setting, yet conveniently located just minutes from some of East Tennessee's most sought-after destinations including Sevierville, Pigeon Forge, and Gatlinburg, this property may also present an excellent Airbnb or short-term rental opportunity for the right buyer.
$299,900
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $255
Expected Occupancy Rate: 55%
Monthly Expected Income: $4,266
Monthly Expected Expenses: $2,675
Monthly Expected Cash Flow: $1,591
Expected Cash on Cash Return: 25.5%

Located just minutes from Downtown Banner Elk, this exceptional custom log home offers a rare combination of privacy, panoramic views, and in town convenience. This is a Southland Log Home, which is known for high quality craftsmanship, precision milled large logs, and long term structural integrity. This home blends classic mountain character with modern comfort. The property sits on a 1.56 acre lot on Klonteska Dr. with direct access to Main Street in Banner Elk, right near the stoplight and within close proximity to local restaurants, shops, Lees-McRae College, and everything this vibrant mountain town has to offer.
$1,495,000
4 Bedrooms, 4 Bathrooms
Average Daily Rate: $613
Expected Occupancy Rate: 62%
Monthly Expected Income: $11,560
Monthly Expected Expenses: $9,832
Monthly Expected Cash Flow: $1,728
Expected Cash on Cash Return: 5.6%
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