402 Laurel Ave
Gatlinburg, TN, 37738 · Smokey Heights
$4,500,000
Active · MLS# 3516273 · Listed by R&R Realty Company · (865) 256-9479
6 photos on this listing (58 reported by the MLS). Ask us to screen-share the full set on a call.
5
7
4,239 sq ft
0.95 ac
2007
- Property type
- Single Family Residence
- County
- Sevier County, TN
- Subdivision
- Smokey Heights
- Full baths
- 5
- Half baths
- 2
- Levels
- Three Or More
- Main-level bedrooms
- 1
- New construction
- No
- Days on market
- 10
- On market since
- 2026-08-19
From the listing brokerage
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.
Description supplied by R&R Realty Company through the MLS and shown unedited.
Interior
- Ceiling Fan(s)
- High Ceilings
- Hot Tub
- Pantry
- Walk-In Closet(s)
Exterior
- Balcony
- Gas Grill
- Smart Lock(s)
Lot
- Hilly
- Rolling Slope
- Views
- Wooded
Basement
- None
View
- Mountain(s)
- Trees/Woods
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Listing information last refreshed September 6, 2026 at 1:34 PM CDT.
Listings courtesy of Realtracs as distributed by MLS GRID
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