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$4,500,000 $1,062/sq ft
Active 62 days on market

402 Laurel Ave

Gatlinburg, TN 37738 · Smokey Heights · Sevier County

5 beds 6 baths 4,239 sq ft 0.01 acres 2007 built

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About this property

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.

Facts & features

Overview

Type
Residential · Single Family Residence
Style
3 Story
Tax jurisdiction
City limits
HOA
None
Year built
2007
Price / sq ft
$1,062
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Interior

Bath detail
5 full, 2 half
Building area
4,239 sq ft
Basement / foundation
Crawl Space

Lot & exterior

Lot size
0.01 acres
WoodedIrregular Lot

Parking

Main LevelOff StreetAssigned

Views

Mountain ViewWoodedCountry Setting

Listing details

MLS #
1345664
Status
Active
Days on market
62 days

Location

402 Laurel Ave, Gatlinburg, TN 37738 Smokey Heights · Sevier County Open in Maps

Listing courtesy of R & R Realty Company. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.