1115 /1131 Old Cartertown RD new Save Request In-Person Tour Request Virtual Tour
Gatlinburg,TN 37738
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,012 sqft
Price per Sqft $398
MLS Listing ID 707636
Style Bungalow,Chalet,Cottage,Log
Bedrooms 4
Full Baths 4
Year Built 1958
Annual Tax Amount $4,866
Lot Size 2.090 Acres
Acres 2.09
Lot Dimensions 2.09
Property Sub-Type Single Family Residence
Source Lakeway Area Association of REALTORS®
Property Description
Bourbon Hollow Estate - Dual Cabin STR Retreat on 2.09 Private Acres | Gatlinburg, TN Gatlinburg, TN | 2 Homes | 4 Bedrooms + 2 bonus rooms (use as bedrooms) | 4 Bathrooms | +/-5,000 Combined Sq Ft | 3 Acres | Turnkey Investment | $1,995,000 Welcome to Bourbon Hollow Estate, a rare opportunity to own not one, but two fully furnished, high-performing short-term rentals on nearly 2.09 acres of secluded Smoky Mountain land — just minutes from the heart of Gatlinburg and Pigeon Forge. Offered individually or as a package, these neighboring properties provide a versatile retreat compound with flexible sleeping setups, private outdoor amenities, and the ability to accommodate romantic getaways, large family reunions, or multi-family travel — all with unmatched privacy and STR performance. ________________________________________ Property #1: Bourbon Hollow Lodge • 3BR + 3 bonus rooms | 3BA | 4,112 Sq Ft | 1.08 Acres • Fully fenced pool + hot tub area with heater • Detached game room w/ 2 arcades, pool table, air hockey • Basketball court + play swing set • 3-car covered carport + ample parking • New paint and luxury vinyl flooring throughout (2022) • 2 gas fireplaces + 1 electric insert in bedroom w/ pool deck access • Open-concept kitchen, living, and dining areas with large windows overlooking the hollow • Split floor plan for privacy between guest rooms • Opportunity to expand sleeping count by adding sprinkler system • STR-ready and consistently booked by large groups ________________________________________ Property #2: Boozy Bear Bungalow • 1BR | 1BA | +/- 900 Sq Ft | 1.01 Acres • Fully rebuilt in 2022 from the log frame up • All new systems: HVAC, windows, appliances, flooring, roof • Romantic interior w/ clawfoot tub, gas fireplace, retro kitchen • Private hot tub, fire pit w/ retaining wall, covered porch w/ Edison lights • Pet-friendly and ideal for couples, honeymoons, or overflow guests • Proven STR performers with 80%+ occupancy over multiple years • Bonus Opportunity: Bourbon Hollow Estate is available for purchase in conjunction with the adjacent 5-acre plot, providing an opportunity for further development, investment, or enhanced privacy. The potential for this property is limitless. For additional details, please refer to lots 1, 4-7 Old Cartertown Rd, Gatlinburg, TN, 37738. • ________________________________________ Investment Snapshot: • Combined acreage: ~2.09 acres with no visible neighbors • Proven rental performance with repeat guests and strong reviews • Pet-friendly policies, family-focused amenities, and diverse guest appeal • Fully furnished and turnkey-ready for income on day one • Private setting with room for expansion or retreat hosting • Ideal location: 5 mins to Gatlinburg, 10 mins to Pigeon Forge, near Great Smoky Mountains National Park ________________________________________ Whether you're dreaming of a personal mountain escape with room for guests or want to scale your STR portfolio with a ready-made dual-property estate, Bourbon Hollow delivers unmatched flexibility, privacy, and earning potential. Now showing by appointment only. Properties also offered individually — inquire for pricing breakdowns and income history.
Location
State TN
County Sevier
Direction Directions: Coming from Downtown Gatlinburg take 321 East Parkway to 2nd stop light (Dudley Creek Rd.) follow to a Rt. onto Old Cartertown Road. Property will be on the left. See signs.
Interior
Interior Features Bar,Breakfast Bar,Cathedral Ceiling(s),Ceiling Fan(s),Entrance Foyer,Granite Counters,High Ceilings,High Speed Internet,His and Hers Closets,Kitchen Island,Open Floorplan,Pantry,Smart Thermostat,Soaking Tub,Solid Surface Counters,Stone Counters,Storage,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar,Whirlpool Tub,Other,See Remarks
Heating Central,Electric,Heat Pump
Cooling Central Air
Fireplace Yes
Exterior
Exterior Feature Balcony,Basketball Court,Fire Pit,Garden,Lighting,Private Entrance,Rain Gutters,Storage,Other
Utilities Available Cable Connected,Electricity Available,Propane,Water Connected,Cable Internet,Fiber Internet,See Remarks
Porch Covered,Deck,Front Porch,Patio,Porch,Other,See Remarks
Garage No
Building
Lot Description Corners Marked,Front Yard,Garden,Gentle Sloping,Irregular Lot,Landscaped,Meadow,Paved,Private,Rolling Slope,Secluded,Sloped,Subdivided,Views,Wooded,Other,See Remarks
Water Public
Architectural Style Bungalow,Chalet,Cottage,Log
New Construction No
Others
Senior Community No
Tax ID 117 03700 000