1115/1131 Old Cartertown Road Road, Gatlinburg, TN 37738
- 4 beds |
- 4 baths |
- 5,012 sqft
Single-Family Home
Built in 1968
2.09acre lot
7 car garage
$394/sqft
Listed 2 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- May 8, 2025 at 05:00AM
- Listing Office:
- Weichert, REALTORS - Tiger Rea : 865-940-1430
- MLS ID:
- 306368
- General: Breakfast BarCathedral Ceiling(s)Ceiling Fan(s)Eat-in KitchenGranite CountersHigh Speed InternetKitchen IslandOtherPantrySoaking TubStorageWet BarWalk-In Closet(s)Formal DiningWalk-In Shower(s)Additional Living QuartersGreat RoomKitchen/Dining ComboLiving/Dining Combo
- Appliances: DryerDisposalDouble OvenDishwasherElectric CooktopElectric RangeElectric Water HeaterMicrowaveOtherRefrigeratorRange HoodSelf Cleaning OvenTrash CompactorWasher
- Laundry: Laundry Closet
- Flooring: HardwoodLaminateTileWood
- A/C: Central AirElectric
- Heating: CentralElectricHeat Pump
- Fireplace: ElectricGas LogFireplaceFireplaces: 3
This listing courtesy of Weichert, REALTORS - Tiger Rea
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Pi Beta Phi Elementary School
125 Cherokee Orchard Rd, Gatlinburg, TN, 37738
Grades PK-6
1.79 miles away
Gatlinburg Pittman Junior High School
150 Proffitt Rd, Gatlinburg, TN, 37738
Grades 7-9
2.43 miles away
Gatlinburg Pittman High School
150 Proffitt Rd, Gatlinburg, TN, 37738
Grades 10-12
2.43 miles away