1115 /1131 Old Cartertown Road
Gatlinburg, TN, 37738 $ 1,775,000
Bedrooms4 Baths4.0 Sq 5,012 Monthly Estimate*
$ 10,929
for $1,775,000 with 4 bedrooms and 4 full baths. This 5,012 square foot home was built in 1958 on a lot size of 2.09.
$202,000 IN GROSS RENTAL INCOME FOR 2025 COMBINED ! 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 | 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 ActiveBungalow,Chalet,Cottage,Log
FeaturesGeneralLiving Area 5012.0
Sewer Septic Tank
Heating Central Electric Heat Pump
Cooling Central Air
Utilities Cable Connected Electricity Available Propane Water Connected Cable Internet Fiber Internet See Remarks
Possession Close Of Escrow
Appliances Dishwasher Double Oven Dryer Electric Oven Electric Range Electric Water Heater Microwave Range Hood Refrigerator Trash Compactor Washer Other
Patio/Porch Features Covered Deck Front Porch Patio Porch Other See Remarks
Architectural Style Bungalow Chalet Cottage Log
Pool Features Above Ground Heated In Ground Outdoor Pool Private See Remarks
Year Built 1958
View Forest Mountain(s) Pool Trees/Woods Other
Levels One
Property Subtype Single Family Residence
Tax Year 2024
Parcel Number 117 03700 000
County Sevier
New Construction N
Property Type Residential
HOA N
Attached Garage N
Garage Y/N N
Other Structures Gazebo Large Storage Outbuilding Shed(s) Small Storage Storage Other See Remarks
Total Rooms 15
Full Baths 4
Status Active
Directions 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.
City Gatlinburg
Senior Community Y/N N
Lot Size Units Acres
Lot Size Square Feet 91040.4
Carport Spaces 3.0
Carport Y/N Y
Elementary School Pi Beta Phi K-8
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 4866.55
Home Warranty Y/N N
Property Condition Updated/Remodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Structure Type Cabin
Standard Status Active
Occupancy Type Call Agent
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InteriorInterior Amenities Eat-in Kitchen 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
Flooring Ceramic Tile Hardwood See Remarks
Total Fireplaces 4
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 4
Main Level Bathrooms 4
Total Baths 4
Heating-Heat Pump True
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ExteriorExterior Amenities Balcony Basketball Court Fire Pit Garden Lighting Private Entrance Rain Gutters Storage Other
Fencing Back Yard Partial Wood Other See Remarks
Lot Features Corners Marked Front Yard Garden Gentle Sloping Irregular Lot Landscaped Meadow Paved Private Rolling Slope Secluded Sloped Subdivided Views Wooded Other See Remarks
Water Source Public
Lot Size Area 2.09
Spa N
Lot Dimensions 2.09
Lot Size Acres 2.09
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByDandridge - Weichert, Realtors® - Tiger Real Estate Broker
Affordability Calculator
- Monthly Principal & Interest
- $10,929
- Monthly Property Taxes
- $406
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $949,544
Percent of Sale Price 47%
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.
5073634 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/5/2026 | $1,775,000 | -5.32% | Price Down |
| 3/29/2026 | $1,874,800 | -4.09% | Price Down |
| 2/21/2026 | $1,954,850 | 0.00% | Price Down |
| 1/30/2026 | $1,954,865 | 0.00% | Price Down |
| 1/16/2026 | $1,954,868 | 0.00% | Price Down |
| 1/2/2026 | $1,954,869 | 0.00% | Price Down |
| 12/26/2025 | $1,954,870 | 0.00% | Price Down |
| 12/19/2025 | $1,954,881 | 0.00% | Price Down |
| 12/12/2025 | $1,954,883 | 0.00% | Price Down |
| 12/5/2025 | $1,954,887 | 0.00% | Price Down |
| 11/28/2025 | $1,954,895 | 0.00% | Price Down |
| 11/21/2025 | $1,954,900 | 0.00% | Price Down |
| 11/14/2025 | $1,954,990 | -1.01% | Price Down |
| 9/26/2025 | $1,974,990 | 0.00% | Price Down |
| 7/18/2025 | $1,974,995 | 0.00% | Price Down |
| 6/27/2025 | $1,974,999 | 0.00% | Price Down |
| 6/20/2025 | $1,975,000 | -0.95% | Price Down |
| 6/6/2025 | $1,994,000 | -0.05% | Price Down |
| 5/30/2025 | $1,994,950 | 0.00% | Price Down |
| 5/23/2025 | $1,994,990 | | Listed Price |