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1115 /1131 Old Cartertown Road, Gatlinburg, TN 37738

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For Sale

$1,994,950

4 beds • 4 baths • 5,012 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $398.03
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Bourbon Hollow Estate - Dual Cabin STR Retreat on 2.09 Private Acres | Gatlinburg, TN Gatlinburg, TN | 2 Homes | 4 Bedrooms + 2 bonus rooms (use as bedrooms) | 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. ________________________________________ 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 ________________________________________ 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. ________________________________________ 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 ________________________________________ 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.
MLS# 707636

Courtesy Of WEICHERT, REALTORS- TIGER REAL ESTATE

(865) 940-1430

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Vaulted Ceiling, Wet Bar, Ceiling Fan, Sports Court, Garden
  • Appliances
    Dishwasher, Dryer, Microwave, Oven - Double, Range, Refrigerator, Trash Compactor, Washer
  • Architecture Style
    Bungalow
  • Lot Size
    2.09 Acres

Map and Directions

Directions to 1115 /1131 Old Cartertown Road, Gatlinburg, TN 37738

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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