970 Douglas Dam Rd, Kodak, TN 37764

Here is your last chance to own a part of the most magical rental community in the Smokies--The Forgotten Forest in Sevier County, Tennessee! This charming two-bedroom Fairy house, filled with handcrafted details, is sure to be a big hit with locals and tourists, offering incredible income potential, or as a perfect family vacation home. The cozy woodland retreat is the last new construction home that will be sold in the development. With creatures carved into the wood, a fanciful ceiling of clouds and birds, secret fairy diorama, a wondrous tree climbing from the first floor to the second, and woods or acreage outside every window, this fairytale cottage is a quiet, private retreat, close to all the favorite tourist spots, but still hidden from the bustle. The 983-square-foot cottage features two bedrooms, and two hidden nooks for twin beds, meaning the home can comfortably sleep six in beds. Or the upstairs open bedroom area could be used as a game room. There also are two full bathrooms, a stone fireplace, rough-sawn barrel and hand-painted ceilings, wood ceiling beams, quartz tops, a peaceful patio with hot tub, custom outdoor fireplace and beautiful views of the 100-acre meadow. The home includes a hot tub and all GE appliances, including washer and dryer, but is waiting for you to fulfill your vision with whimsical furnishings and final touches. As frequently seen on TikTok, Instagram and Facebook, The Forgotten Forest is a viral sensation featuring burrow houses, a castle, treehouse cabins, an owl's post, the Wizard's Trolley, the Three Wizards, the Inn at the Shire, the Lost Galaxy Outpost, and many other magical dwellings. Hidden on almost 20 acres in Kodak, Tennessee, the Forest is close to Dollywood, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park, and boasts much higher than average occupancy rates. (Smaller Forest dwellings rent incredibly well at the Forest, as evidenced by the 500-square-foot, two-bedroom Wizard's Trolley with $65,000 gross income in 2025.) Perhaps best of all for out-of-state investors, the licensed contractor who built all of the homes, and owns several, is on site every day. This unique community also includes a stone circle, garden labyrinth, tree creatures, wishing well, 10-foot tall ancient sword, and an ancient ruins pool and waterpark slide to be open this summer. This house will pay for itself very quickly! Please submit best offer, with proof of financing.

For those investors looking for something different, the ''Spellbound Inn'' in the magical community of the Forgotten Forest in the Smoky Mountains of TN is one that should be at the top of the list. The Forgotten Forest is a newer neighborhood featuring castles, Hobbit burrows, and other magical enclaves for guests to the area to enjoy. This community is quickly becoming a guest favorite to visitors the Smoky Mountains, as it offers guests an alternative to the myriad of log cabins available to rent while vacationing in the region. The neighborhood features a common magical theme to all of the homes, a beautiful common park area with dragon statues, stone rings, beautiful landscaping, and they have just broken ground on the community pool that will soon be available to owners and guests. The home itself boasts 3 bedrooms, 3.5 bathrooms, and over 1,500 square feet of living space spread out over 3 levels. Upon entering you will find the open concept kitchen area, dining area, living room with fireplace, and a convenient half bath. One level up are 2 full spacious bedrooms with each having a modern en suite bathroom. On the top level you will find the game area, theater area, the 3rd full bathroom, and the 3rd full bedroom which is currently set up as a bunk room. The home also offers ample flat parking out front, and a well designed covered back patio area for relaxing, grilling, or enjoying the private hot tub. Just off the back patio is a secret trail that leads to the heart of the neighborhood where you will encounter the aforementioned park like setting with benches, magical statues, trees for shade, and a beautiful stone ring. This property has become a guest favorite, and is extremely well reviewed on both VRBO (Exceptional rating) and AirBnB (Guest favorite rating). It has documented rental income of $59k for 2024, and $64k for 2025.