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$4,500,000
402 Laurel Ave, Gatlinburg, TN 37738
Active13 days on market

Listing provided by: Connor Sise · R & R Realty Company

Source: East Tennessee REALTORS® MLS · MLS# 1345664

East Tennessee REALTORS IDXListing last updated

5
Beds
5 full · 2 half
Baths
4,239
Sq Ft
2007
Year Built
0.01
Lot (ac)
Single Family
Type

About this home

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

Interior
Bedrooms & bathrooms
  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • Half bathrooms: 2
Heating
  • Heating: Central, Propane, Electric
Cooling
  • Cooling: Central Cooling, Ceiling Fan(s)
Appliances
  • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Features
  • Features: Walk-In Closet(s), Pantry, Eat-in Kitchen
  • Flooring: Hardwood, Tile
  • Windows: Drapes
  • Basement: Crawl Space
  • Fireplaces: 2
Rooms
  • Total rooms: 7
Interior area
  • Total interior livable area: 4,239 sqft
Property
Parking
  • Parking features: Off-Street Parking, Designated Parking, Main Level
  • Attached garage: No
Lot
  • Size: 0.01 acres · 435.6 sqft
  • Dimensions: 260x175
  • Features: Irregular Lot
Exterior
  • Exterior features: Gas Grill, Windows - Vinyl, Prof Landscaped, Balcony
  • Patio & porch: Porch - Covered, Deck
  • View: Mountain View, City
Details
  • Parcel number: 126E A 00600 000
  • Tax lot: 17,18,19,20,26,27
Construction
Type & style
  • Home type: Single Family
  • Property subtype: Single Family Residence
  • Structure: 3 Story
  • Architectural style: Cabin
Materials
  • Materials: Stone, Cedar, Frame
Condition
  • Year built: 2007
Utilities
Utilities
  • Sewer: Public Sewer
  • Water: Public
  • Security: Smoke Detector
Community & HOA
Community
  • Subdivision: Smokey Heights
  • County: Sevier County - 27
  • MLS area: Sevier County - 27
  • Region: Gatlinburg
Financial & listing details
Financial
  • Price: $4,500,000
  • Price per square foot: $1062/sqft
  • Annual tax: $5,997.61
  • Listing terms: New Loan, Cash, Conventional
Listing
  • Date on market: Jun 23, 2026
  • Days on market: 13
  • Status: Active
  • MLS #: 1345664

Location

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