402 Laurel Ave
Gatlinburg, TN, 37738 $ 4,500,000
Bedrooms5 Baths5.2 Sq 4,239 Monthly Estimate*
$ 31,080
for $4,500,000 with 5 bedrooms and 5 full baths, 2 half baths. This 4,239 square foot home was built in 2007 on a lot size of 0.01.
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.
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FeaturesGeneralSewer Public Sewer
Heating Central Propane Electric
Cooling Central Cooling Ceiling Fan(s)
Appliances Dishwasher Dryer Microwave Range Refrigerator Self Cleaning Oven Washer
Architectural Style Cabin
Security Features Smoke Detector
Construction Materials Stone Cedar Frame
Year Built 2007
View Mountain View Country Setting Wooded City
Property Subtype Single Family Residence
County Sevier County - 27
Property Type Single Family
Attached Garage false
Subdivision Name Smokey Heights
Total Rooms 7
Full Baths 5
Status Active
Directions GPS friendly 441 Parkway: onto Helmock St: Then Hill St: Then Laurel Ave
City Gatlinburg
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 435.6
Property Attached Y/N false
MLS Area Minor Sevier County - 27
Structure Type 3 Story
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing New Loan true
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InteriorInterior Amenities Walk-In Closet(s) Pantry Eat-in Kitchen
Basement Crawl Space
Flooring Hardwood Tile
Total Fireplaces 1
Fireplace Features Stone Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Drapes
Fireplace Y/N true
Half Baths 2
Total Bedrooms 5
Total Baths 7
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ExteriorExterior Amenities Gas Grill Windows - Vinyl Prof Landscaped Balcony
Parking Features Off-Street Parking Designated Parking Main Level
Lot Features Wooded Irregular Lot
Water Source Public
Lot Size Area 0.01
Building Area Total 4239
Lot Dimensions 260x175
Lot Size Acres 0.01
Lot Size Source Tax Records
Door Features Doors - Energy Star
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* Excluded FeaturesList ByR & R Realty CompanyBroker
connorsise@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $31,080
- Monthly Property Taxes
- $500
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Gatlinburg, TN
Average List Price $873,405
Percent of Sale Price 81%
About Gatlinburg, TN 4,111 Population
22% Since 2002
$ 38,723 Median Income
45.09 Median Age
13% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/23/2026 | $4,500,000 | | Listed Price |