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1115/1131 Old Cartertown Road Road, Gatlinburg, TN 37738

$1,994,990
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 5,012 Lot Size (sq. ft.): 91,040 Status: Active
Current Price: $1,994,990 List Date: 5/08/2025 Last Modified: 5/19/2025

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.

More Information MLS# 306368

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

Current Price: $1,994,990 Original List Price: 1995000 List Price: $1,994,990 Sold Before Listed: No Status: Active 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

General Property Information

Stories Total: 1 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: 398.04

Remarks and Miscellaneous

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 | 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. 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: 2025-05-19T13:55:24Z Major Change Type: Price Reduced Price Change Timestamp: 2025-05-19T13:55:24Z Status Change Timestamp: 2025-05-08

Fireplace Features

Fireplaces Total: 3

Main Room Levels

Main Level Bathrooms: 3 Main Level Bedrooms: 3

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
Listing Office: Weichert, REALTORS - Tiger Rea
Last Updated: May - 19 - 2025
Information deemed reliable but not guaranteed.