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$950,000 $338/sq ft
Active 195 days on market

531 Gatlin Drive

Gatlinburg, TN 37738 · Montgomery Woods Addn 3 · Sevier County

5 beds 3 baths 2,808 sq ft 0.57 acres 2000 built

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About this property

$100,000+ in Annual Rental Revenue | Luxury Five-Bedroom Cabin Near Downtown Gatlinburg An exceptional opportunity to acquire a proven, income-producing luxury cabin in one of East Tennessee's most coveted mountain destinations—offering both immediate performance and long-term upside. Producing over $100,000 in annual rental revenue in both 2024 and 2025, reflecting consistent performance in a competitive and challenging STR market. This 2,800-square-foot Smoky Mountain retreat presents a compelling acquisition for buyers seeking lifestyle, location, and return. Thoughtfully designed for group travel and multi-generational gatherings, the five-bedroom, three-bath residence combines generous scale with practical luxury. Open living areas, flexible sleeping arrangements, and strong indoor-outdoor flow create an environment that appeals to today's discerning vacationers while allowing an owner the opportunity to further elevate the home with personal design touches. Set just minutes from downtown Gatlinburg and conveniently accessed via Highway 321, the property benefits from city utilities, ease of year-round access, and proximity to the area's most visited attractions. Rocky Top Sports World lies less than three miles away, while the entrance to Great Smoky Mountains National Park is under five miles—an ideal positioning that consistently drives demand among families, sports groups, and destination travelers. Outdoor living is a defining feature. Expansive decks overlook wooded privacy with filtered mountain views, offering multiple spaces to gather, dine, or unwind. A private hot tub, fire-pit setting, and outdoor dining areas create a quintessential Smoky Mountain experience—equally suited to personal enjoyment or high-performing short-term rental use. Whether acquired as a luxury vacation rental, a second home with meaningful income, or a strategic foothold in one of Tennessee's most resilient mountain markets, this property delivers a rare balance of location, performance, and lifestyle appeal. Well-established income history, strong guest demand, and the ability to further refine and personalize the asset make this a standout offering in the Gatlinburg luxury cabin market

Facts & features

Overview

Type
Residential · Single Family Residence
Style
Other
Tax jurisdiction
City limits
HOA
None
Year built
2000
Price / sq ft
$338
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Interior

Bath detail
3 full
Building area
2,808 sq ft
Basement / foundation
Finished

Lot & exterior

Lot size
0.57 acres
Wooded

Listing details

MLS #
1328940
Status
Active
Days on market
195 days

Location

531 Gatlin Drive, Gatlinburg, TN 37738 Montgomery Woods Addn 3 · Sevier County Open in Maps

Listing courtesy of eXp Realty, LLC. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.