1115/1131 Old Cartertown Road RD new

Gatlinburg,TN 37738

$ 1995000

4 Beds

4 Baths

5012 SqFt


Key Details

Property Type Single Family Home

Sub Type Cabin

Listing Status Active

Purchase Type For Sale

Square Footage 5,012 sqft

Price per Sqft $398

MLS Listing ID 306368

Style Cabin,Chalet,Contemporary,Cottage,Log,Traditional,Other

Bedrooms 4

Full Baths 4

Year Built 1968

Annual Tax Amount $4,866

Tax Year 2024

Lot Size 2.090 Acres

Property Sub-Type Cabin

Property Description

Bourbon Hollow Estate - Dual Cabin STR Retreat on 2.09 Private Acres | Gatlinburg, TN
Gatlinburg, TN | 2 Homes | 4 Bedrooms + 2 bonus rooms | 4 Bathrooms | +/-5,000 Combined Sq Ft | 3 Acres | Turnkey Investment | $1,995,000
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.
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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
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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.

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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
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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.

Location

State TN

County Sevier

Zoning R-1

Interior

Heating Central,Electric,Heat Pump

Cooling Central Air,Electric

Flooring Hardwood,Laminate,Tile,Wood

Fireplaces Number 3

Fireplaces Type Electric,Gas Log

Equipment Fuel Tank(s)

Laundry Laundry Closet

Exterior

Exterior Feature Rain Gutters,Storage,Other

Parking Features Additional Parking,Asphalt,Attached Carport,Driveway,On Site,Other

Garage Spaces 7.0

Fence Partial

Pool Cabana,Electric Heat,Fenced,Heated,Outdoor Pool,Private,See Remarks

Utilities Available Cable Connected,Electricity Connected,High Speed Internet Connected,Internet Connected,Water Connected,Other

Roof Type Composition

Building

Lot Description Back Yard,Corner Lot,Corners Marked,Front Yard,Irregular Lot,Landscaped,Sloped,Subdivided,Views,Wooded,Other,See Remarks

Story 1

Sewer Septic Tank

Water Public

Structure Type Block,Brick,Log,Log Siding,Stone,Other

New Construction No

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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