402 Laurel Ave

Gatlinburg, TN
$ 4,500,000 Beds 5 Baths 6 Sq 4,239
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 4,500,000
  • City
  • Gatlinburg
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • Sevier
  • Half Bathrooms
  • 2
  • Area
  • Sevier County
  • Lot Size
  • 0.01 Acres
  • Zip
  • 37738
  • Sqr Footage
  • 4,239
  • Year Built
  • 2007
  • Taxes
  • $ 5997
  • Style
  • Cabin
  • MLS#
  • 1345664
Listed By: R & R Realty Company
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Public Sewer
Heating Central,Propane,Electric
Cooling Central Cooling,Ceiling Fan(s)
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer
Architectural Style Cabin
Security Features Smoke Detector
Construction Materials Stone,Cedar,Frame
Year Built 2007
View Mountain View,Country Setting,Wooded,City
Property Subtype Single Family Residence
County Sevier County - 27
Property Type Single Family
Attached Garage false
Subdivision Name Smokey Heights
Total Rooms 7
Full Baths 5
Status Active
Directions GPS friendly 441 Parkway: onto Helmock St: Then Hill St: Then Laurel Ave
City Gatlinburg
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 435.6
Property Attached Y/N false
MLS Area Minor Sevier County - 27
Structure Type 3 Story
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing New Loan true

Interior Features

Interior Amenities Walk-In Closet(s),Pantry,Eat-in Kitchen
Basement Crawl Space
Flooring Hardwood,Tile
Total Fireplaces 1
Fireplace Features Stone,Gas Log
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Drapes
Fireplace Y/N true
Half Baths 2
Total Bedrooms 5
Total Baths 7
Other_sp_Rooms_co_Family_sp_Room true
Other_sp_Rooms_co_Great_sp_Room true

Exterior Features

Exterior Amenities Gas Grill,Windows - Vinyl,Prof Landscaped,Balcony
Parking Features Off-Street Parking,Designated Parking,Main Level
Lot Features Wooded,Irregular Lot
Water Source Public
Lot Size Area 0.01
Building Area Total 4239
Lot Dimensions 260x175
Lot Size Acres 0.01
Lot Size Source Tax Records
Door Features Doors - Energy Star

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Crossville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/23/2026 Listed $4,500,000

Property vs Zip Code Average in 37738

Price
AVG $910K
$4.5M
Taxes
AVG $2,566
$5,997
Year Built
AVG 2003
2007

Areas That We Cover

402 Laurel Ave Gatlinburg, TN is a Single Family Home for sale at $4500000 with 4239 sqft and a lot size of 0.01 Acres Acre(s). 402 Laurel Ave Gatlinburg has 5 bedrooms, 5 baths and was built in 2007. The property's zip code is 37738 which is in Gatlinburg, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.