970 Douglas Dam Road Unit 27, Kodak, TN 37764

$499,000

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… Read More 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, 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 bedroom area could be used as a game room. There also are two full bathrooms, a stone fireplace, rough-sawn and hand-painted barrel 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. Read Less

Courtesy of Crye-Leike REALTORS Oak Ridge

Listing Snapshot

Days Online

Last Updated

May 24, 2026

Property Type

Single Family

Beds

Full Baths

Square Ft.

983

Lot Size

0.01 Acres

Year Built

2026

MLS Number

311655

30 Days Snapshot Of 37764

$585k

+66%

(avg) sold price

+100%

homes sold

138

-21%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road surface type: "Paved"

Appliances & Equipment

"Dishwasher", "Dryer", "Electric Water Heater", "Microwave", "Microwave Range Hood Combo", "Refrigerator", "Self Cleaning Oven", "Washer"

Basement

"Crawl Space"

Building

Built in 2026, 983 above grade finished area, Building area total: 983, Levels: "Two", Architectural style: "A-Frame", "Other", Construction materials: "Frame", "Log", "Shingle Siding", "Stone", "Vinyl Siding", "Other"

Community

"Pool", "Other"

Cooling

"Central Air"

Fence

"None"

Fireplaces

"Electric", "Wood Burning", 2 total fireplaces

Floors

"Luxury Vinyl"

Heating

"Central"

Home Owner's Association

Association fee: $115, Association amenities: "Maintenance Grounds", "Picnic Area", "Pool", "Other"

Interior Features

"Cathedral Ceiling(s)", "Kitchen/Dining Combo", "Living/Dining Combo", "Walk-In Shower(s)"

Laundry

"Laundry Closet", "Main Level"

Lot

0.01 acres, 436 square feet, Size: 0, "Landscaped", "Meadow", "Wooded", "Country Setting"

Parking

"Concrete", "Driveway", "On Site"

Pool

"Association", "In Ground", "Outdoor Pool", "Salt Water"

Property

Patio and porch features: "Deck", "Patio", Zoning: Residential

Roof

"Slate"

Security Features

"Smoke Detector(s)"

Sewer

"Public Sewer"

Taxes

Tax annual amount: $1,390, Tax year: 2025

Utilities

"Cable Available", "Electricity Connected", "High Speed Internet Available", "Sewer Connected", "Water Connected"

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