$2,600,000
$2,750,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
738 & 742 Smokerise DR Gatlinburg, TN 37738
5 Beds
7 Baths
4,924 SqFt
Key Details
Sold Price $2,600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,924 sqft
Price per Sqft $528
Subdivision Smokerise Mtn Comm
MLS Listing ID 1311659
Style Contemporary
Bedrooms 5
Full Baths 5
Half Baths 2
Year Built 2024
Lot Size 1.740 Acres
Property Sub-Type Single Family Residence
Property Description
This spectacular opportunity is perched nearly 2,000 feet above Gatlinburg with panoramic views that sweep across the Smoky Mountains, this newly listed modern mountain-top retreat offers both an opulent escape and a rare investment opportunity. With over $350,000 already booked revenue in 2025 and over $100,000 already booked in 2026, for a total of over $450,000 with zero advertising spent to date. All future booking proceeds after closing go directly to the buyer. From an investment perspective, this property is a proven performer. Both properties are fully furnished and equipped down to the décor and event supplies, ensuring immediate income generation.
Situated on 1.74 private acres along a quiet ridge-line, this exceptional property includes two turnkey cabins and a bespoke micro-event platform, thoughtfully designed for intimate weddings, corporate retreats, wellness gatherings, or exclusive vacation rentals.
The larger cabin (3,100 sq. ft., built in 2024) features 3 bedrooms plus a loft, 3.5 bathrooms, 1,440 sq. ft. of deck space, and accommodations for up to 12 guests. The second cabin (1,824 sq. ft., originally built in 1977 and fully renovated in 2024) offers 2 bedrooms, 2.5 bathrooms, 500 sq. ft. of deck space, and sleeps 8. Both showcase high-end finishes, fully stocked kitchens, luxurious bathrooms with rainfall showers and lighted mirrors, and expansive indoor-outdoor living spaces designed to capture the stunning mountain vistas.
The 1,100 sq. ft. event platform with 250 sq. ft. of storage opens endless revenue possibilities—micro-weddings, yoga retreats, small business gatherings—all enhanced by the unmatched privacy and scenery. Outdoor amenities include two hot tubs, multiple fireplaces, an outdoor bar, picnic areas, an outdoor shower, arcade games, swings, and a telescope for stargazing.
Located just 10 minutes to Downtown Gatlinburg, 12 minutes to Pigeon Forge, and 20 minutes to Dollywood, guests enjoy quick access to world-class attractions while returning to a secluded mountain haven at day's end. The private road location ensures peace and exclusivity, making it as appealing for personal use as it is for rental income.
This is not just a property—it is a turnkey luxury lifestyle business with multiple revenue streams, minimal marketing required, and the kind of views that command premium nightly rates. Whether you're seeking a high-performing short-term rental portfolio, a luxury second home, or an intimate event destination, this offering represents a once-in-a-lifetime find in the Smokies. (3D Tour of 738Smokerise is available upon request along with financials!)
Location
State TN
County Sevier County - 27
Area 1.74
Rooms
Other Rooms LaundryUtility, 2nd Rec Room, Bedroom Main Level, Extra Storage, Great Room, Mstr Bedroom Main Level
Interior
Heating Central, Propane, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Vinyl, Tile
Fireplaces Number 2
Fireplaces Type Electric, Stone, Gas Log
Laundry true
Exterior
Exterior Feature Balcony
Parking Features Off-Street Parking, Main Level
Garage Description Main Level, Off-Street Parking
View Mountain View, Country Setting, Wooded, Seasonal Mountain, City
Building
Lot Description Private, Wooded, Irregular Lot
Sewer Septic Tank
Water Well
Structure Type Wood Siding,Frame,Other
Schools
Elementary Schools Pi Beta Phi
Middle Schools Pi Beta Phi
High Schools Gatlinburg Pittman
Read Less
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