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1115/1131 Old Cartertown Road Road, Gatlinburg, TN 37738
$1,954,850
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
5,012
Lot Size (sq. ft.):
91,040
Status:
Active
Current Price:
$1,954,850
List Date:
2/16/2026
Last Modified:
2/19/2026
Overview
Description
$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 | 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.
Listing Details MLS# 306368
General Property Information
- Stories Total
- Yes
- Lot Size Acres
- 2.09
- Living Area
- 5012
- Above Grade Finished Area
- 5012
- Bedrooms Total
- 4
- Bathrooms Total
- 4
- Bathrooms Full
- 4
- Garage YN
- No
- Garage Spaces
- 7
- Carport Spaces
- 3
- Fireplace YN
- Yes
- Year Built
- 1968
- Bonus Room YN
- Yes
- Number of Bonus Rooms
- 3
- Bonus Room Type(s)
- Bonus and game room. This sale is combined with two properties
- Sign On Property YN
- Yes
- Home Warranty YN
- No
- Furnished
- Furnished
- Construction Type
- Site Built
- List Price/SqFt
- 390.03
- Below Grade Finished Area
- 0
- Bathrooms Half
- 0
Property Features
Appliances:
Dishwasher; Disposal; Double Oven; Dryer; Electric Cooktop; Electric Range; Electric Water Heater; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Trash Compactor; Washer; Other
Architectural Style:
Cabin; Chalet; Contemporary; Cottage; Log; Traditional; Other
Construction Materials:
Block; Brick; Log; Log Siding; Stone; Other
Cooling:
Central Air; Electric
Current Use:
Investment; Single Family; Other
Documents:
Lead Based Paint Disclosure; TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex; TN Subsrfc Sewage Disp System Permit
Documents Available:
Septic Inspection; Septic Permit; Survey
Exterior Features:
Rain Gutters; Storage; Other
Fencing:
Partial
Fireplace Features:
Electric; Gas Log
Flooring:
Hardwood; Laminate; Tile; Wood
Heating:
Central; Electric; Heat Pump
Interior Features:
Additional Living Quarters; Breakfast Bar; Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Formal Dining; Granite Counters; Great Room; High Speed Internet; Kitchen Island; Kitchen/Dining Combo; Living/Dining Combo; Pantry; Soaking Tub; Storage; Walk-In Closet(s); Walk-In Shower(s); Wet Bar; Other
Laundry Features:
Laundry Closet
Levels:
One
Listing Terms:
1031 Exchange; Cash; Conventional
Lock Box Information:
Combo
Lot Features:
Back Yard; Corner Lot; Corners Marked; Front Yard; Irregular Lot; Landscaped; Sloped; Subdivided; Views; Wooded; Other; See Remarks
Other Equipment:
Fuel Tank(s)
Other Structures:
Gazebo; Outbuilding; Storage; Other; See Remarks
Parking Features:
Additional Parking; Asphalt; Attached Carport; Driveway; On Site; Other
Patio And Porch Features:
Covered; Deck; Patio; Porch; Other
Pets Allowed:
Yes
Pool Features:
Cabana; Electric Heat; Fenced; Heated; Outdoor Pool; Private; See Remarks
Possession:
Close Of Escrow
Property Condition:
Updated/Remodeled
Road Frontage Type:
City Street; Road
Road Responsibility:
Public Maintained Road
Road Surface Type:
Paved
Roof:
Composition
Security Features:
Security System; Smoke Detector(s)
Sewer:
Septic Tank
Utilities:
Cable Connected; Electricity Connected; High Speed Internet Connected; Internet Connected; Water Connected; Other
Water Source:
Public
Showing Considerations:
See Remarks
Showing Requirements:
Call Listing Agent
Location Tax and Legal
- Street Number
- 1115/1131
- Street Name
- Old Cartertown Road
- Street Suffix
- Road
- County
- Sevier
- State
- TN
- Zip Code
- 37738
- Property Sub Type
- Cabin
- MLS Area Major
- Gatlinburg
- Subdivision Name
- Other
Contract Information
- Original List Price
- 1995000
- Sold Before Listed
- No
- Listing Contract Date
- 2025-05-08
- Auction YN
- No
- Owner Name
- M&M Investments Acquisitions L
- Listing Agreement
- Exclusive Agency
- Occupancy
- Either
- Rental History Gross Amount 1
- 197360
- Rental History Year 1
- 2024
- Rental History Gross Amount 2
- 252437
- Rental History Year 2
- 2023
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- $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 | 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.
- 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.
Status Change Information
- Major Change Timestamp
- 2026-02-19T18:53:49Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-02-19T18:53:49Z
- Status Change Timestamp
- 2025-05-08
More Information
Fireplace Features
- Fireplaces Total
- 3
- Electric
- Yes
- Gas Log
- Yes
Main Room Levels
- Main Level Bathrooms
- 3
- Main Level Bedrooms
- 3
Location, Tax, and Legal
- New Construction YN
- No
- Restrictive Covenants YN
- Yes
- Zoning
- R-1
- Zoning Entity
- Tax Record
- Parcel Number
- 117 037.00
- Tax Lot
- 2 & 3
- Tax Annual Amount
- 4866.56
- Tax Year
- 2024
- City Tax
- 380.97
- County Tax
- 4485.58
- Elementary School
- Pi Beta Phi Elementary
- Middle Or Junior School
- Gatlinburg-Pittman Junior High
- High School
- GatlinburgPittman High
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Double Oven
- Yes
- Dryer
- Yes
- Electric Cooktop
- Yes
- Electric Range
- Yes
- Electric Water Heater
- Yes
- Microwave
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Self Cleaning Oven
- Yes
- Trash Compactor
- Yes
- Washer
- Yes
- Other
- Yes
Architectural Style
- Cabin
- Yes
- Chalet
- Yes
- Contemporary
- Yes
- Cottage
- Yes
- Log
- Yes
- Traditional
- Yes
- Other
- Yes
Construction Materials
- Block
- Yes
- Brick
- Yes
- Log
- Yes
- Log Siding
- Yes
- Stone
- Yes
- Other
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
Current Use
- Investment
- Yes
- Single Family
- Yes
- Other
- Yes
Documents
- Lead Based Paint Disclosure
- Yes
- TN Confirmation of Agency
- Yes
- TN Prop Residential Condition Disc or Ex
- Yes
- TN Subsrfc Sewage Disp System Permit
- Yes
Documents Available
- Septic Inspection
- Yes
- Septic Permit
- Yes
- Survey
- Yes
Exterior Features
- Rain Gutters
- Yes
- Storage
- Yes
- Other
- Yes
Fencing
- Partial
- Yes
Flooring
- Hardwood
- Yes
- Laminate
- Yes
- Tile
- Yes
- Wood
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Interior Features
- Additional Living Quarters
- Yes
- Breakfast Bar
- Yes
- Cathedral Ceiling(s)
- Yes
- Ceiling Fan(s)
- Yes
- Eat-in Kitchen
- Yes
- Formal Dining
- Yes
- Granite Counters
- Yes
- Great Room
- Yes
- High Speed Internet
- Yes
- Kitchen Island
- Yes
- Kitchen/Dining Combo
- Yes
- Living/Dining Combo
- Yes
- Pantry
- Yes
- Soaking Tub
- Yes
- Storage
- Yes
- Walk-In Closet(s)
- Yes
- Walk-In Shower(s)
- Yes
- Wet Bar
- Yes
- Other
- Yes
Laundry Features
- Laundry Closet
- Yes
Levels
- One
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Lock Box Information
- Combo
- Yes
Lot Features
- Back Yard
- Yes
- Corner Lot
- Yes
- Corners Marked
- Yes
- Front Yard
- Yes
- Irregular Lot
- Yes
- Landscaped
- Yes
- Sloped
- Yes
- Subdivided
- Yes
- Views
- Yes
- Wooded
- Yes
- Other
- Yes
- See Remarks
- Yes
Other Equipment
- Fuel Tank(s)
- Yes
Other Structures
- Gazebo
- Yes
- Outbuilding
- Yes
- Storage
- Yes
- Other
- Yes
- See Remarks
- Yes
Parking Features
- Additional Parking
- Yes
- Asphalt
- Yes
- Attached Carport
- Yes
- Driveway
- Yes
- On Site
- Yes
- Other
- Yes
Patio And Porch Features
- Covered
- Yes
- Deck
- Yes
- Patio
- Yes
- Porch
- Yes
- Other
- Yes
Pets Allowed
- Yes
- Yes
Pool Features
- Cabana
- Yes
- Electric Heat
- Yes
- Fenced
- Yes
- Heated
- Yes
- Outdoor Pool
- Yes
- Private
- Yes
- See Remarks
- Yes
Possession
- Close Of Escrow
- Yes
Property Condition
- Updated/Remodeled
- Yes
Road Frontage Type
- City Street
- Yes
- Road
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
Security Features
- Security System
- Yes
- Smoke Detector(s)
- Yes
Sewer
- Septic Tank
- Yes
Utilities
- Cable Connected
- Yes
- Electricity Connected
- Yes
- High Speed Internet Connected
- Yes
- Internet Connected
- Yes
- Water Connected
- Yes
- Other
- Yes
Water Source
- Public
- Yes
Showing Considerations
- See Remarks
- Yes
Showing Requirements
- Call Listing Agent
- Yes
Documents
Listing Office:
Weichert, REALTORS - Tiger Rea
Last Updated: February - 19 - 2026
Information deemed reliable but not guaranteed.
Lead Based Paint Disclosure ›