402 Laurel Ave Gatlinburg, TN $ 4,500,000
402 Laurel Ave
$ 4,500,000
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402 Laurel Ave

Gatlinburg, TN, 37738
$ 4,500,000
Bedrooms5 Baths5.2 Sq 4,239

Monthly Estimate*

$ 28,413

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Single Family Home for sale in Gatlinburg, TN

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 0.95.

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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Single Family Active

Price

$ 4,500,000

Bedrooms

5

Full Bath

5

Half Bath

2

Property Type

Single Family

Taxes

$ 5,998

Style

Cabin

Lot Size

0.95

Year Built

2007

Town/City

Gatlinburg

County/Region

Sevier

MLS | Web ID

3516273

Features
General
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
Garage Spaces 0
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 N
Property Type Residential
Attached Garage N
Subdivision Name Smokey Heights
Garage Y/N N
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 N
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 5998
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
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 Y
Heating Y/N Y
Fireplace Y/N Y
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
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
Total Baths 7
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Exterior
Exterior Amenities Balcony Gas Grill Smart Lock(s)
Lot Features Hilly Rolling Slope Views Wooded
Water Source Public
Total Parking 0
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 N
Covered Spaces 0
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Internal Only
Street Number 1 402
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* Excluded Features
List By
R&R Realty Company

Broker

connorsise@gmail.com

Email

Affordability Calculator

$28,913
Per Month
98%
2%
0%
Monthly Principal & Interest
$28,413
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$4,500,000 Listed Price

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402 Laurel Ave, Gatlinburg, TN, 37738 is a Single Family Home for sale at $4,500,000 with 4,239 sqft and a lot size of 0.95. 402 Laurel Ave has 5 bedrooms, 5.2 baths, and was built in 2007. The property's zip code is 37738 which is in Gatlinburg, TN