402 Laurel Ave
Gatlinburg, TN 37738 · Smokey Heights · Sevier County
$4,500,000
- Beds
- 5
- Baths
- 6
- Sq ft
- 4,239
- Acres
- 0.01
- Built
- 2007
Listing courtesy of R & R Realty Company · MLS #1345664
Description
SHOWN BY APPOINTMENT ONLY: ACTIVE SHORT TERM RENTAL:
A rare opportunity to acquire one of Gatlinburg's premier luxury investment properties. Nestled at the doorstep of the Great Smoky Mountains National Park and within walking distance of downtown Gatlinburg, this extraordinary estate combines luxury accommodations, proven rental performance, and unmatched future development potential.
Featuring 5 spacious bedrooms, 5 full baths, and 2 half baths, the cabin has been meticulously designed to deliver an exceptional guest experience. Multiple levels of outdoor living are showcased through three expansive decks on each floor, offering abundant space to relax, entertain, and take in the beauty of the Great Smoky Mountains. Inside, guests enjoy premium amenities including a private theater room, two fireplaces, a swim spa, and thoughtfully curated gathering spaces designed for both large groups and intimate retreats.
What truly sets this property apart is its remarkable rental history, supported by a loyal base of returning guests and a reputation built over nearly two decades. This is more than a vacation rental--it's an established hospitality business with a proven track record of success.
The offering includes four and a half additional lots, creating a rare opportunity to expand an existing rental portfolio, develop additional luxury cabins, or preserve the surrounding acreage for enhanced privacy and exclusivity. A large parking area and extensive usable land provide flexibility rarely found in the Gatlinburg market.
Properties of this caliber, location, and income-producing history seldom become available. Whether you're seeking a trophy asset, a luxury hospitality investment, or a legacy property in the heart of the Smokies, this exceptional estate represents a truly one-of-a-kind opportunity.
Details
Home
- Type
- Residential · Single Family Residence
- Style
- 3 Story
- Year built
- 2007
- Living area
- 4,239 sq ft
- Bedrooms
- 5
- Bathrooms
- 5 full, 2 half
- Basement
- Crawl Space
- Parking
- Main Level, Off Street, Assigned
Interior
- Rooms
- Great Room, Laundry/Utility, Family Room, Extra Storage, Mstr Bdrm Main Level
- Flooring
- Tile, Hardwood
- Fireplaces
- 1
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer
- Features
- Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Also
- Washer/Dryer Connect, Drapes, Pantry, Walk-In Closet(s), Hot Tub, Walk-in Shower, Internet Available, Wired for Internet
Exterior
- Construction
- Frame, Cedar, Stone
- Architecture
- Cabin
- Porch & patio
- Porch - Covered
Land
- Lot size
- 0.01 acres
- Lot
- Wooded, Irregular Lot
- Views
- Mountain View, Wooded, Country Setting
- Deed restrictions
- Yes
- Permitted use
- Overnight or permanent
Utilities
- Water
- Public
- Sewer
- Public sewer
- Heating
- Central, Propane, Electric
Listing
- MLS #
- 1345664
- Status
- Active
- On market
- 127 days
- Listed
- Jun 23, 2026
Finances
- Property tax
- City + county
- Inside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $1,062
- 4,239 sq ft
Price history
- Jun 23, 2026
- Listed
- $4,500,000
Accepted
- Cash
- Conventional
- New Loan
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Location
- Neighborhood
- Smokey Heights
- County
- Sevier
- ZIP
- 37738
Drive times
- Pigeon Forge 15 min
- Sevierville 30 min
- Douglas Lake 60 min
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Listing courtesy of R & R Realty Company. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1345664.