1115/1131 Old Cartertown Road RD Gatlinburg, TN 37738
4 Beds
4 Baths
5,012 SqFt
UPDATED:
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 $390
MLS Listing ID 306368
Style Cabin,Chalet,Contemporary,Cottage,Log,Traditional,Other
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 5,012
Year Built 1968
Annual Tax Amount $4,866
Tax Year 2024
Lot Size 2.090 Acres
Acres 2.09
Property Sub-Type Cabin
Source Great Smoky Mountains Association of REALTORS®
Land Area 5012
Property Description
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
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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
Direction Coming from Downtown Gatlinburg take 321 East Parkway to 2nd stop light (Dudley Creek Rd.) follow to a Rt. onto Old Cartertown Road. Property will be on the left. See signs.
Interior
Interior Features Additional Living Quarters, Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Formal Dining, Granite Counters, Great Room, High Speed Internet, Kitchen Island, Kitchen/Dining Combo, Living/Dining Combo, Pantry, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower(s), Wet Bar, Other
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)
Furnishings Furnished
Fireplace Yes
Appliance Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer, Other
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
Street Surface Paved
Porch Covered, Deck, Patio, Porch, Other
Road Frontage City Street, Road
Garage No
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
Architectural Style Cabin, Chalet, Contemporary, Cottage, Log, Traditional, Other
Structure Type Block,Brick,Log,Log Siding,Stone,Other
New Construction No
Others
Security Features Security System,Smoke Detector(s)
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional