970 Douglas Dam Rd, 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, 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. Read Less

Courtesy of Crye-Leike Realtors

Listing Snapshot

Days Online

Last Updated

May 24, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

983

Lot Size

0.01 Acres

Year Built

2026

MLS Number

1339566

Additional Details

Basement

"Crawl Space"

Building

Built in 2026, Building area total: 983, Architectural style: "Other", "A-Frame"

Cooling

"Central Cooling"

Exterior Features

"Windows - Vinyl", "Prof Landscaped"

Fireplaces

"Electric", "Stone", "Wood Burning"

Heating

"Central", "Electric"

Home Owner's Association

Association fee: $115, Association amenities: "Swimming Pool", "Other"

Interior Features

"Cathedral Ceiling(s)", "Kitchen Island", "Eat-in Kitchen"

Lot

0.01 acres, 436 square feet, Area: 0, "Wooded"

Parking

"Other"

Sewer

"Public Sewer"

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