For more than two decades, Penny Cowell, the owner and principal broker of Monarch Realty LLC in Pigeon Forge, has helped buyers and sellers navigate every type of real estate market in the Great Smoky Mountains. From booming seller’s markets to shifting buyer opportunities, her clients rely on her deep understanding of short term rental cabin performance, tourism trends, and local market data that national statistics simply do not understand.
Today, the cabin market in Sevier County is showing clear signs of change. Prices are adjusting and inventory levels are climbing, which means buyers have more negotiating power than they have had in years. Just one year ago it felt nearly impossible to find a profitable rental cabin under $400 thousand dollars. Buyers were competing and rushing to win. Fast forward to today. Penny has been tracking the numbers closely. Right now there are 26 active cabins under $400 thousand, 10 pending, and 33 closed in the same range. That is real opportunity.
The Smoky Mountain market is unique. National headlines do not apply here. Visitor demand continues to grow, yet the number of investment properties available has hit an all time high. Buyers who have been waiting on the sidelines finally have choices again, and Penny knows exactly where the best performing opportunities are.
Whether you want a second home retreat or a proven short term rental investment, Penny’s experience and reputation for advocacy make her the best choice for navigating this specialized market.
Your Smoky Mountain investment is waiting. Reach out to Penny at Monarch Realty today and let her help you secure the right cabin at the right price. See Cabins for sale https://monarchrealtynow.com/Featured.php?boardId=98&featuredOnlyYn=true&status=active,pending,sold&sort=statusV10Featured
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