1115 /1131 Old Cartertown 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 1958 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 (use as bedrooms) | 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 ActiveBungalow,Log,Cottage,Chalet
FeaturesInteriorInterior Features Bar Solid Surface Counters Whirlpool Tub Walk-In Closet(s) Wet Bar Vaulted Ceiling(s) Stone Counters Storage See Remarks Soaking Tub Smart Thermostat Pantry Other Open Floorplan Kitchen Island High S
Flooring Ceramic Tile See Remarks Hardwood
Basement Y/N No
Total Rooms 15
Living Area 5012.00
Fireplace Yes
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GeneralSewer Septic Tank
Heating Central Heat Pump Electric
Cooling Central Air
Utilities Cable Connected Fiber Internet Cable Internet Water Connected See Remarks Propane Electricity Available
Possession Close Of Escrow
Appliances Dryer Washer Trash Compactor Range Hood Refrigerator Other Microwave Electric Water Heater Electric Range Electric Oven Dishwasher Double Oven
Architctural Style Bungalow Log Cottage Chalet
View Forest Trees/Woods See Remarks Pool Other Mountain(s)
County Sevier
Levels One
Property Type A
Property Condition Updated/Remodeled
Tax Year 2024
Occupant Type Call Agent
Status Active
Auction Y/N No
Acres 2.0900
Sub Type Single Family Residence
Year Built 1958
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
List Price/SqFt 390.04
New Construction Y/N No
Association? No
Elementary School Pi Beta Phi K-8
Structure Type Cabin
Street Name Old Cartertown
Public Remarks 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
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ExteriorWaterfront No
Exterior Features Balcony Storage Rain Gutters Private Entrance Other Lighting Garden Fire Pit Basketball Court
Lot Features Corners Marked Wooded Views Subdivided See Remarks Sloped Secluded Rolling Slope Private Paved Other Meadow Landscaped Irregular Lot Gentle Sloping Garden Front Yard
Fencing Back Yard Wood See Remarks Partial Other
Other Structures Gazebo Small Storage Large Storage Storage See Remarks Shed(s) Other Outbuilding
Water Source Public
Pool Features Above Ground See Remarks Private Outdoor Pool In Ground Heated
Lot Size Dimensions 2.09
Garage Y/N No
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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 $948,583
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.
5073634 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 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 |