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1115 /1131 Old Cartertown Road, Gatlinburg, TN 37738

$1,954,850
  • 1115 /1131 Old Cartertown Road, Gatlinburg, TN 37738 Main Photo

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Active
BEDS4 BATHS4 full SQUARE FEET5,012 MLS#707636
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

$202,000 IN GROSS RENTAL INCOME FOR 2025 COMBINED ! Bourbon Hollow Estate - Dual Cabin STR Retreat on 2.09 Private Acres | Gatlinburg, TN Gatlinburg, TN | 2 Homes | 4 Bedrooms + 2 bonus rooms (use as bedrooms) | 4 Bathrooms | +/-5,000 Combined Sq Ft | 3 Acres | Turnkey Investment | Welcome to Bourbon Hollow Estate, a rare opportunity to own not one, but two fully furnished, high-performing short-term rentals on nearly 2.09 acres of secluded Smoky Mountain land -- just minutes from the heart of Gatlinburg and Pigeon Forge. Offered individually or as a package, these neighboring properties provide a versatile retreat compound with flexible sleeping setups, private outdoor amenities, and the ability to accommodate romantic getaways, large family reunions, or multi-family travel -- all with unmatched privacy and STR performance. ________________________________________ Property #1: Bourbon Hollow Lodge 3BR + 3 bonus rooms | 3BA | 4,112 Sq Ft | 1.08 Acres Fully fenced pool + hot tub area with heater Detached game room w/ 2 arcades, pool table, air hockey Basketball court + play swing set 3-car covered carport + ample parking New paint and luxury vinyl flooring throughout (2022) 2 gas fireplaces + 1 electric insert in bedroom w/ pool deck access Open-concept kitchen, living, and dining areas with large windows overlooking the hollow Split floor plan for privacy between guest rooms Opportunity to expand sleeping count by adding sprinkler system STR-ready and consistently booked by large groups ________________________________________ Property #2: Boozy Bear Bungalow 1BR | 1BA | +/- 900 Sq Ft | 1.01 Acres Fully rebuilt in 2022 from the log frame up All new systems: HVAC, windows, appliances, flooring, roof Romantic interior w/ clawfoot tub, gas fireplace, retro kitchen Private hot tub, fire pit w/ retaining wall, covered porch w/ Edison lights Pet-friendly and ideal for couples, honeymoons, or overflow guests Proven STR performers with 80%+ occupancy over multiple years Bonus Opportunity: Bourbon Hollow Estate is available for purchase in conjunction with the adjacent 5-acre plot, providing an opportunity for further development, investment, or enhanced privacy. The potential for this property is limitless. For additional details, please refer to lots 1, 4-7 Old Cartertown Rd, Gatlinburg, TN, 37738. ________________________________________ Investment Snapshot: Combined acreage: ~2.09 acres with no visible neighbors Proven rental performance with repeat guests and strong reviews Pet-friendly policies, family-focused amenities, and diverse guest appeal Fully furnished and turnkey-ready for income on day one Private setting with room for expansion or retreat hosting Ideal location: 5 mins to Gatlinburg, 10 mins to Pigeon Forge, near Great Smoky Mountains National Park ________________________________________ Whether you're dreaming of a personal mountain escape with room for guests or want to scale your STR portfolio with a ready-made dual-property estate, Bourbon Hollow delivers unmatched flexibility, privacy, and earning potential. Now showing by appointment only. Properties also offered individually -- inquire for pricing breakdowns and income history.

1115 /1131 Old Cartertown Road | MLS# 707636

This single family home located at 1115 /1131 Old Cartertown Road, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $1,954,850. This property was built in 1958 and has 4 bedrooms and 4 full baths with 5012 sq. ft. Search Gatlinburg real estate on www.clhomes.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fireplaces: 4
Heating: Central, Heat Pump, Electric
Home Style: Bungalow, Log, Cottage, Chalet
Lot Size: 2.09 Acres
Stories: 1.0
Year Built: 1958

Feature Descriptions

Appliances: Dryer, Washer, Trash Compactor, Range Hood, Refrigerator, Other, Microwave, Electric Water Heater, Electric Range, Electric Oven, Dishwasher, Double Oven
Days on Site: 300
Exterior: Balcony, Storage, Rain Gutters, Private Entrance, Other, Lighting, Garden, Fire Pit, Basketball Court
Fencing: Back Yard, Wood, See Remarks, Partial, Other
Flooring: Ceramic Tile, See Remarks, Hardwood
HOA Y/N: No
Interior: Bar, Solid Surface Counters, Whirlpool Tub, Walk-In Closet(s), Wet Bar, Vaulted Ceiling(s), Stone Counters, Storage, See Remarks, Soaking Tub, Smart Thermostat, Pantry, Other, Open Floorplan, Kitchen Island, High Speed Internet, His and Hers Closets, High Ceilings, Granite Counters, Eat-in Kitchen, Entrance Foyer, Ceiling Fan(s), Cathedral Ceiling(s), Breakfast Bar
Laundry: Laundry Closet
Lot: Corners Marked, Wooded, Views, Subdivided, See Remarks, Sloped, Secluded, Rolling Slope, Private, Paved, Other, Meadow, Landscaped, Irregular Lot, Gentle Sloping, Garden, Front Yard
Lot Dimensions: 2.09
Outbuildings: Gazebo, Small Storage, Large Storage, Storage, See Remarks, Shed(s), Other, Outbuilding
Parcel #: 117 03700 000
Pool: Above Ground, See Remarks, Private, Outdoor Pool, In Ground, Heated
Porch/Patio/Deck: Covered, See Remarks, Porch, Patio, Other, Front Porch, Deck
Rooms Total: 15
Sewer: Septic Tank
Special View Info: Forest, Trees/Woods, See Remarks, Pool, Other, Mountain
View: Forest, Trees/Woods, See Remarks, Pool, Other, Mountain(s)
Water: Public

Local Schools

Elementary School: Pi Beta Phi K-8

Listed By / Shown By

Listed By

Agency Name: Weichert, REALTORS - Tiger Real Estate
Agency Phone: (865) 940-1430

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Lakeway MLS

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Estimated Payment

$ 4,920.81 per month $4,350.65 Principal & Interest $0.00 Property Tax (data not provided by mls) $570.16 Homeowner's Insurance

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