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$1,274,000
5 Beds 5 Baths 311864 MLS ACTIVE Status
Nestled just 2 minutes from Ober Mountain and only 3 miles from downtown Gatlinburg, The Alpine Chalet is a Smoky Mountain investment opportunity with an active short-term rental permit sleeping up to 18 guests, filled with authentic charm, seasonal mountain views, and future upside potential. This expansive 5-bedroom cabin grossed $137,764.22 in 2025 with $87K already on the books for 2026 and Stay Awhile Smoky Mountains projects annual gross rental revenue between $170,000 and $210,000 with optimized design and strategic revenue management. The property also holds Airbnb's coveted Guest Favorite status with 93 reviews averaging 4.91 stars, offering excellent potential for even greater rental performance through thoughtful design enhancements and strategic updates. Perched privately on the hillside, this authentic log cabin features sweeping winter mountain views often described as overlooking Mt. LeConte and portions of the surrounding Smoky Mountain ridgeline near Ober Mountain. Floor-to-ceiling windows fill the open-concept main living space with natural light while showcasing the mountain scenery, and the interior offers exposed wood finishes throughout. Each spacious bedroom features its own fireplace along with a private ensuite bathroom complete with a jacuzzi tub and separate shower. Two upstairs bedrooms also feature their own private decks, creating the perfect place for guests to unwind and enjoy the peaceful mountain setting. Designed for large groups and memorable gatherings, the cabin offers spacious living areas, a large dining space, movie room, game room with pool table and shuffleboard, hot tub, and two expansive levels of decking ideal for entertaining or relaxing in the Smokies. Located just 4 miles from the entrance to Great Smoky Mountains National Park, guests are minutes from skiing, hiking, restaurants, shopping, and all the attractions that make the Smokies one of the country's top vacation destinations.

1167 Upper Alpine Way, Gatlinburg

$564,000
4 Beds 2 Baths 310317 MLS ACTIVE Status
Welcome to your Smoky Mountain retreat in the heart of sought after Chalet Village, one of Gatlinburg's most desirable short term rental communities. This fully furnished 4-bedroom, 2-bathroom octagon style cabin comfortably sleeps up to 10 guests and stands out with its unique design, charm, and strong investment potential. The property generated $61,009.89 in 2025, even after being offline for over a month for repairs, highlighting clear upside for revenue growth and optimization. $20,000+ already on the books for 2026. It also holds an active STR permit and carries Guest Favorite status with 122 reviews averaging 4.86 stars, offering immediate credibility and performance history for the next owner. Inside, you're greeted by striking exposed ceiling beams and a stunning floor-to-ceiling stone fireplace that anchors the open-concept living area and creates a warm, inviting mountain ambiance guests love. Nestled in a peaceful, wooded setting, the cabin offers privacy and a true mountain experience while still being just minutes from downtown Gatlinburg, Ober Mountain, and the area's top attractions. Outdoor spaces enhance the guest experience with a spacious wraparound deck ideal for morning coffee or evening relaxation in the fresh mountain air, plus a lower level hot tub for that quintessential Smoky Mountain getaway vibe. With room for thoughtful design updates and value-add improvements, investors have the opportunity to further elevate appeal, increase nightly rates, and maximize returns. Whether you're seeking a proven income producing STR, a fully furnished turn-key investment, or a one-of-a-kind personal mountain escape, this Chalet Village property delivers on permit ready status, location, character, and long-term rental performance potential.

1923 E Arolla Court, Gatlinburg

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 .