402 Laurel Ave, Gatlinburg, TN 37738

$4,500,000
5
BD
7
BA
4,239
SqFt

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List Price
$4,500,000
Status
ACTIVE
MLS#
3516273
Bedrooms
5
Full-baths
5
Half-baths
2
Sq. Ft
4,239
Acres
0.95
Year Built
2007
Subdivision
Smokey Heights

Property Description

SHOWN BY APPOINTMENT ONLY: ACTIVE SHORT TERM RENTAL: A rare opportunity to acquire one of Gatlinburg's premier luxury investment properties. Nestled at the doorstep of the Great Smoky Mountains National Park and within walking distance of downtown Gatlinburg, this extraordinary estate combines luxury accommodations, proven rental performance, and unmatched future development potential. Featuring 5 spacious bedrooms, 5 full baths, and 2 half baths, the cabin has been meticulously designed to deliver an exceptional guest experience. Multiple levels of outdoor living are showcased through three expansive decks on each floor, offering abundant space to relax, entertain, and take in the beauty of the Great Smoky Mountains. Inside, guests enjoy premium amenities including a private theater room, two fireplaces, a swim spa, and thoughtfully curated gathering spaces designed for both large groups and intimate retreats. What truly sets this property apart is its remarkable rental history, supported by a loyal base of returning guests and a reputation built over nearly two decades. This is more than a vacation rental--it's an established hospitality business with a proven track record of success. The offering includes four and a half additional lots, creating a rare opportunity to expand an existing rental portfolio, develop additional luxury cabins, or preserve the surrounding acreage for enhanced privacy and exclusivity. A large parking area and extensive usable land provide flexibility rarely found in the Gatlinburg market. Properties of this caliber, location, and income-producing history seldom become available. Whether you're seeking a trophy asset, a luxury hospitality investment, or a legacy property in the heart of the Smokies, this exceptional estate represents a truly one-of-a-kind opportunity.

Additional Information

Price Per Sqft
$1,061
Days on Market
49
Style
Cabin
Stories
3
Interior Features
Ceiling Fans, High Ceilings, Hot Tub, Pantry, Walk-In Closet(s)
Exterior Features
Balcony, Gas Grill, Smart Lock(s)
Appliances
Electric Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Foundation
Block
Basement
None
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of R&R Realty Company.

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