402 Laurel Ave, Gatlinburg, TN 37738

$4,500,000
  • 402 Laurel Ave, Gatlinburg, TN 37738 Main Photo

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Active
BEDS5 BATHS5 full 2 partial SQUARE FEET4,239 MLS#1345664
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONSmokey Heights NEIGHBORHOODSevier County - 27

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.

402 Laurel Ave | MLS# 1345664

This single family home located at 402 Laurel Ave, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $4,500,000. This property was built in 2007 and has 5 bedrooms and 5 full and 2 partial baths with 4239 sq. ft. Laurel Ave is located in the Smokey Heights subdivision. Search Smokey Heights real estate on morristown.easttnliving.net today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric, Propane
Heating: Central, Propane, Electric
Home Style: Cabin
Lot Size: 0.01 Acres
Year Built: 2007

Amenities

Walk-In Closet(s)
Pantry
Eat-in Kitchen
Gas Grill
Windows - Vinyl
Prof Landscaped
Balcony

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Days on Site: 7
Exterior: Stone, Cedar, Frame
Flooring: Hardwood, Tile
Lot: Irregular Lot
Lot Dimensions: 260x175
Parcel #: 126E A 00600 000
Parking: Off-Street Parking, Designated Parking, Main Level
Security Features: Smoke Detector
Sewer: Public Sewer
Special View Info: Mountain View, City
SQFT Total: 4239
View: Mountain View, City
Water: Public

Listed By / Shown By

Listed By

Agency Name: R & R Realty Company

Shown By

Agent Name: Morristown Office
Agent Phone: (423) 586-4115
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: East Tennessee REALTORS

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Estimated Payment

$ 11,327.55 per month $10,015.05 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,312.50 Homeowner's Insurance

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