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738 & 742 Smokerise Drive, Gatlinburg, TN 37738

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For Sale

$3,200,000

5 beds5 baths2 half baths4,924 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $649.88
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

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!)
MLS# 1311659

Courtesy Of Wallace

(865) 966-1111

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Deck, Porch, Patio
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Contemporary
  • Exterior Type
    Wood Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Tile, Vinyl
  • Lot Size
    1.74 Acres
  • View Type
    City, Mountain

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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