1115/1131 Old Cartertown Road Road
Gatlinburg, TN, 37738 $ 1,954,870
Bedrooms4 Baths4.0 Sq 5,012 Monthly Estimate*
$ 12,196
for $1,954,870 with 4 bedrooms and 4 full baths. This 5,012 square foot home was built in 1968 on a lot size of 2.09.
Bourbon Hollow Estate - Dual Cabin STR Retreat on 2.09 Private Acres | Gatlinburg, TN Gatlinburg, TN | 2 Homes | 4 Bedrooms + 2 bonus rooms | 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.
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Single Family ActiveCabin,Chalet,Contemporary,Cottage,Log,Traditional
FeaturesInteriorInterior Amenities Additional Living Quarters Breakfast Bar Cathedral Ceiling(s) Ceiling Fan(s) Eat-in Kitchen Formal Dining Granite Counters Great Room High Speed Internet Kitchen Island Kitchen/Dining Combo Living/Di
Flooring Hardwood Laminate Tile Wood
Furnished Y/N Furnished
Total Fireplaces 3
Fireplace Features Electric Gas Log
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 5012.0
Half Baths 0
Laundry Features Laundry Closet
Total Bedrooms 4
Below Grade Finished Area 0.0
Main Level Bedrooms 3
Main Level Bathrooms 3
Total Baths 4
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GeneralSewer Septic Tank
Heating Central Electric Heat Pump
Cooling Central Air Electric
Utilities Cable Connected Electricity Connected High Speed Internet Connected Internet Connected Water Connected Other
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Disposal Double Oven Dryer Electric Cooktop Electric Range Electric Water Heater Microwave Range Hood Refrigerator Self Cleaning Oven Trash Compactor Washer Other
Zoning R-1
Garage Spaces 7.0
Patio/Porch Features Covered Deck Patio Porch Other
Architectural Style Cabin Chalet Contemporary Cottage Log Traditional Other
Pool Features Cabana Electric Heat Fenced Heated Outdoor Pool Private See Remarks
Security Features Security System Smoke Detector(s)
Construction Materials Block Brick Log Log Siding Stone Other
Pets Allowed Yes
Year Built 1968
Levels One
Property Subtype Cabin
Tax Year 2024
Current Use Investment Single Family Other
County Sevier
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Other
Garage Y/N N
Other Structures Gazebo Outbuilding Storage Other See Remarks
Total Rooms 0
Full Baths 4
Status Active
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.
High School GatlinburgPittman High
City Gatlinburg
Disclosures Seller Disclosure Lead Based Paint
MLS Area Gatlinburg
Lot Size Units Acres
Lot Size Square Feet 91040.4
Carport Spaces 3.0
Carport Y/N N
Elementary School Pi Beta Phi Elementary
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4866.56
Home Warranty Y/N N
Property Condition Updated/Remodeled
MLS Area Minor Gatlinburg
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 2 & 3
Senior Community None
Occupancy Either
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ExteriorExterior Amenities Rain Gutters Storage Other
Fencing Partial
Parking Features Additional Parking Asphalt Attached Carport Driveway On Site Other
Lot Features Back Yard Corner Lot Corners Marked Front Yard Irregular Lot Landscaped Sloped Subdivided Views Wooded Other See Remarks
Water Source Public
Lot Size Area 2.09
Spa N
Building Area Total 5012.0
Lot Size Acres 2.09
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street Road
Other Equipment Fuel Tank(s)
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded FeaturesList ByDandridge - Weichert, Realtors® - Tiger Real Estate Broker
Affordability Calculator
- Monthly Principal & Interest
- $12,196
- Monthly Property Taxes
- $406
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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 $949,734
Percent of Sale Price 51%
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.
4682404 Elementary School
4682405 Middle School
GatlinburgPittman High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/23/2025 | $1,954,870 | 0.00% | Price Down |
| 12/17/2025 | $1,954,881 | 0.00% | Price Down |
| 12/11/2025 | $1,954,883 | 0.00% | Price Down |
| 12/10/2025 | $1,954,884 | 0.00% | Price Down |
| 12/8/2025 | $1,954,885 | 0.00% | Price Down |
| 12/3/2025 | $1,954,886 | 0.00% | Price Down |
| 12/2/2025 | $1,954,887 | 0.00% | Price Down |
| 12/1/2025 | $1,954,888 | 0.00% | Price Down |
| 11/28/2025 | $1,954,889 | 0.00% | Price Down |
| 11/26/2025 | $1,954,890 | 0.00% | Price Down |
| 11/24/2025 | $1,954,895 | 0.00% | Price Down |
| 11/21/2025 | $1,954,900 | 0.00% | Price Down |
| 11/8/2025 | $1,954,990 | -1.01% | Price Down |
| 9/19/2025 | $1,974,990 | 0.00% | Price Down |
| 7/17/2025 | $1,974,995 | 0.00% | Price Down |
| 6/25/2025 | $1,974,999 | 0.00% | Price Down |
| 6/13/2025 | $1,975,000 | -0.95% | Price Down |
| 6/4/2025 | $1,994,000 | -0.05% | Price Down |
| 5/26/2025 | $1,994,950 | 0.00% | Price Down |
| 5/19/2025 | $1,994,990 | 0.00% | Price Down |
| 5/15/2025 | $1,994,995 | 0.00% | Price Down |
| 5/8/2025 | $1,995,000 | | Listed Price |