204 Hill Street, Gatlinburg, TN 37738

$849,000
6
BD
6
BA
3,246
SqFt

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List Price
$849,000
Price Change
▼ $50,000 1781814701
Status
ACTIVE
MLS#
311598
Bedrooms
6
Full-baths
6
Sq. Ft
3,246
Acres
0.17
Year Built
1955
Subdivision
Smokey Heights

Property Description

Rare opportunity to own a truly unique 6-bed, 6-bath property just a quarter mile from downtown Gatlinburg. Previously operated as a long-running bed & breakfast, it was converted to a single-unit short-term rental in 2021. Projections over $140K and It did consistently generate $140K-$150K annually in its B&B days. Each of the six bedrooms has its own private bathroom, offering a setup that's ideal for large groups. Two of the queen rooms have extra beds, and three of the rooms feature their own electric fireplaces. The main living space includes a gas fireplace, a full bar, and plenty of seating, with a large adjoining dining area that also includes an arcade game and space to expand the seating even further. The fully stocked kitchen offers all a group will need. Outside you'll find a private gazebo with gas grill and a six-person hot tub�great for relaxing after a day in the park. There's also a stocked fishing river just steps away and plenty of flat parking, which is a real plus this close to town. A property like this, walkable to downtown, with individual en-suite bedrooms and a solid income projections, doesn't come around often. Don't miss owning a piece of Gatlinburg History!

Additional Information

Price Per Sqft
$261
Days on Market
90
Annual Tax
2512
Tax Year
2025
Style
Historical, Traditional, Victorian
Stories
Three Or More
Interior Features
Ceiling Fan(s), Granite Counters, High Speed Internet, Kitchen Island, Pantry, Storage, Walk-In Closet(s), Walk-In Shower(s)
Exterior Features
Gas Grill, Storage, Lighting
Appliances
Dryer, Disposal, Dishwasher, Electric Water Heater, Gas Cooktop, Gas Range, Microwave, Refrigerator, Range Hood, Washer
Basement
Finished, Full, Walk-Out Access
Construction Type
Site Built
Roof
Composition
Garage Type
Gravel, Off Street, On Site
Fireplace Type
Electric, Gas Log
Heating
Central, Ductless, Electric, Heat Pump
Cooling
Central Air, Ductless, Electric
Sewer
Public Sewer
Water
Public
Gross Amount One
105000
Year One
2025
Gross Amount Two
75000
Year Two
2024

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC 7720.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .