About 242 Lily Jo Way
2025 income was $68,299 NET!! And YTD payout NET is $55,098!! Motivated Seller, bring an offer!! Tucked away at the end of a quiet road, this brand-new 3BD/3BA plus bonus sleeping room, contemporary-style cabin offers the perfect balance of privacy and proximity, just minutes to downtown Sevierville, Douglas Lake, and the Great Smoky Mountains! With over 2,100 square feet of thoughtfully designed space, this home is already performing on a well-established short-term rental program and offers exceptional income potential. Inside, you'll find a spacious open-concept great room featuring a sleek granite kitchen, cozy living room with fireplace, and plenty of room for entertaining. The main level includes a private bedroom and full bath, while upstairs you'll find three additional bedrooms, including a generous primary suite with its own walk-in closet and spa-like bath.Step outside to a large rear deck surrounded by natural beauty--complete with an outdoor fireplace, hot tub, and multiple seating areas to enjoy peaceful mountain mornings or relaxing evenings under the stars. Whether you're looking for a high-performing investment or a private mountain getaway, this beautifully appointed chalet checks all the boxes. Schedule your showing today!
Features of 242 Lily Jo Way
| MLS® # | 3510532 |
|---|---|
| Price | $709,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,133 |
| Acres | 0.77 |
| Year Built | 2023 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 242 Lily Jo Way |
|---|---|
| Subdivision | Other |
| City | Sevierville |
| County | Sevier County, TN |
| State | TN |
| Zip Code | 37876 |
Amenities
| Utilities | Electricity Available, Water Available, Cable Connected |
|---|---|
| Garages | Detached, Driveway |
| View | Mountain(s), Trees/Woods |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | High Ceilings, Ceiling Fan(s), Walk-In Closet(s), High Speed Internet |
|---|---|
| Appliances | Dishwasher, Dryer, Cooktop, Electric Range, Microwave, Refrigerator, Oven, Washer |
| Heating | Electric, Heat Pump |
| Cooling | Electric, Other |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| # of Stories | 2 |
Exterior
| Lot Description | Cul-De-Sac, Sloped, Views, Wooded |
|---|---|
| Roof | Shingle |
| Construction | Frame, Wood Siding |
Additional Information
| Date Listed | August 12th, 2026 |
|---|---|
| Days on Market | 203 |
| Foreclosure | No |
| Short Sale | No |
| Data Source | REALTRACS as distributed by MLS GRID |
Listing Details
| Office | Century 21 Legacy |
|---|