Views
Address
402 Laurel Ave, Gatlinburg, TN
Price
$ 4,500,000
Property Attributes
- MLS#3516273
- TypeSingle Family
- Listing Status Active
- CountySEVIER
- CityGatlinburg
- NeighborhoodSmokey Heights
- Zip37738
- StyleCabin
- Year Built2007
- Taxes$ 5998
- Price$ 4,500,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms2
- Sqr Footage4239
- Lot Size0.95 Acres
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description
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.
| Price History | |
|---|---|
| 8/19/2026 | Listed $4,500,000 |
General Features
| Living Area | 4239 |
|---|---|
| Sewer | Public Sewer |
| Heating | Central |
| Cooling | Ceiling Fan(s),Central Air |
| Utilities | Water Available |
| Possession | Close Of Escrow |
| Appliances | Electric Oven,Dishwasher,Dryer,Microwave,Refrigerator,Washer |
| Patio/Porch Features | Deck,Covered,Patio |
| Architectural Style | Cabin |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s) |
| Construction Materials | Frame,Stone,Wood Siding |
| Year Built | 2007 |
| View | Mountain(s),Trees/Woods |
| Stories Count | 3 |
| Topography | Hilly,Rolling Slope,Views,Wooded |
| Levels | Three Or More |
| Property Subtype | Single Family Residence |
| County | Sevier County,TN |
| New Construction | No |
| Property Type | Residential |
| Attached Garage | No |
| Subdivision Name | Smokey Heights |
| Garage Y/N | No |
| Full Baths | 5 |
| Status | Active |
| Buyer Financing | Conventional,FHA,VA |
| Directions | GPS friendly: 441 Parkway: onto Hemlock St: Then Hill St.: Then Laurel Ave: Sign on property |
| City | Gatlinburg |
| Senior Community Y/N | No |
| Lot Size Units | Acres |
| Carport Y/N | No |
| Property Attached Y/N | No |
| Year Built Details | Existing |
| Tax Annual Amount | 5998 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
Interior Features
| Interior Amenities | Ceiling Fan(s),High Ceilings,Hot Tub,Pantry,Walk-In Closet(s) |
|---|---|
| Basement | None |
| Flooring | Wood,Tile |
| Total Fireplaces | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 4239 |
| Half Baths | 2 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 1 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Owner |
| Below Grade Finished Area Source | Owner |
| Above Grade Finished Area Source | Owner |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 7 |
Exterior Features
| Exterior Amenities | Balcony,Gas Grill,Smart Lock(s) |
|---|---|
| Lot Features | Hilly,Rolling Slope,Views,Wooded |
| Water Source | Public |
| Lot Size Area | 0.95 |
| Building Area Total | 4239 |
| Lot Dimensions | 260 X 175 IRR |
| Lot Size Acres | 0.95 |
| Lot Size Source | Calculated from Plat |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37738
Price
Taxes
Year Built
Visits
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RealTracs Solutions as distributed by MLS Grid. Real estate listings held by brokerage firms other than Mi Casa Realty are marked with the Internet Data Exchange Program logo or thumbnail logo and detailed information about them includes the name of the listing brokers.
Listing information provided courtesy of the Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Updated: September 21, 2026 6:06 PM UTC
