139 Water Tower Road, Gatlinburg, TN 37738
$1,450,000
Property Type:
Residential
Bedrooms:
4
Baths:
6
Square Footage:
3,432
Lot Size (sq. ft.):
13,504
Status:
Active
Current Price:
$1,450,000
List Date:
2/24/2026
Last Modified:
3/25/2026
Listing Details MLS# 309728
General Property Information
- Stories Total
- 2
- Lot Size Dimensions
- 240.1 X 188.5 IRR
- Lot Size Acres
- 0.31
- Living Area
- 3432
- Above Grade Finished Area
- 3432
- Bedrooms Total
- 4
- Bathrooms Total
- 6
- Bathrooms Full
- 4
- Bathrooms Half
- 2
- Garage YN
- No
- Fireplace YN
- Yes
- Year Built
- 2023
- Bonus Room YN
- Yes
- Number of Bonus Rooms
- Yes
- Bonus Room Type(s)
- Family room, and rec room
- List Price/SqFt
- 422.49
- Below Grade Finished Area
- 0
- Garage Spaces
- 0
Property Features
Appliances:
Dishwasher; Dryer; Microwave; Range Hood; Refrigerator; Washer
Architectural Style:
Cabin; Chalet; Contemporary
Attic Features:
Access Only
Basement:
Finished; Full
Construction Materials:
Frame
Cooling:
Electric
Current Use:
Investment; Single Family
Documents:
TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex
Fireplace Features:
Electric
Flooring:
Luxury Vinyl
Heating:
Electric
Interior Features:
Cathedral Ceiling(s); Eat-in Kitchen; Walk-In Shower(s)
Laundry Features:
Laundry Room
Listing Terms:
1031 Exchange; Cash; Conventional
Lock Box Information:
See Remarks
Parking Features:
On Site
Patio And Porch Features:
Deck
Pool Features:
Hot Tub; Pool/Spa Combo
Possession:
Close Of Escrow
Rental:
Rental History
Road Surface Type:
Paved
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Water Source:
Public
Showing Requirements:
Call Listing Agent; See Remarks
Location Tax and Legal
- Street Number
- 139
- Street Name
- Water Tower
- 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
- 1490000
- Listing Contract Date
- 2026-01-14
- Auction YN
- No
- Owner Name
- 139 Water Tower, LLC
- Listing Agreement
- Exclusive Right To Sell
- Occupancy
- Either
- Association YN
- No
Remarks and Miscellaneous
- Public Remarks
- Proven Performer with six-figure rental history year after year and Incredible Future bookings already in place. Luxury 4BR/4BA cabin with 2 half baths, all bedrooms featuring en suites, three levels, and stunning views of downtown Gatlinburg. This modern rustic retreat is sold fully furnished and turnkey with exceptional rental performance--2024 income of $207,299, 2025 income of $192,759, and well over $100K in bookings already secured for 2026. Highlights include an open floor plan, tongue-and-groove walls and ceilings, luxury vinyl plank flooring throughout, electric fireplace, and upscale kitchen with quartz countertops and stainless appliances. Main level offers a queen suite with deck access and a bunk room sleeping six. Upper level features two king suites with spa-style baths and private deck access. Lower level includes a movie theater, game room, and access to covered deck with hot tub, firepit seating, and outdoor 16 ft swim spa. Easy access right off East Parkway with no steep roads, ample parking, and walkable to downtown Gatlinburg. Ideal short-term rental, vacation home, or second home. Sleeps 12. Check out our Rental Link and reviews: https://www.airbnb.com/rooms/867557912464038531?viralityEntryPoint=1&s=76
- Directions
- From Sevierville, head to Gatlinburg on Parkway (US-321 N / US-441 S / TN-71). Turn LEFT onto Dudley Creek Rd (Ripley's Davy Crockett Mini-Golf will be on the corner). In 1 mile the road name changes to Ridge Rd. In a half mile turn RIGHT onto E Parkway (US-321 S / TN-73). In less than a mile turn RIGHT onto Water Tower Rd. 139 Water Tower Rd will be on your left.
Status Change Information
- Major Change Timestamp
- 2026-03-25T23:37:53Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2026-03-25T23:37:53Z
- Status Change Timestamp
- 2026-02-24
- Back on Market Date
- 2026-02-24
More Information
Fireplace Features
- Fireplaces Total
- Yes
- Electric
- Yes
Location, Tax, and Legal
- Zip +4
- 4933
- New Construction YN
- No
- Restrictive Covenants YN
- No
- Zoning
- C-2
- Zoning Entity
- Sevier County
- Parcel Number
- 126E D 02100 000
- Tax Lot
- Yes
- Tax Annual Amount
- 4698.28
- Tax Year
- 2025
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Architectural Style
- Cabin
- Yes
- Chalet
- Yes
- Contemporary
- Yes
Attic Features
- Access Only
- Yes
Basement
- Finished
- Yes
- Full
- Yes
Construction Materials
- Frame
- Yes
Cooling
- Electric
- Yes
Current Use
- Investment
- Yes
- Single Family
- Yes
Documents
- TN Confirmation of Agency
- Yes
- TN Prop Residential Condition Disc or Ex
- Yes
Flooring
- Luxury Vinyl
- Yes
Heating
- Electric
- Yes
Interior Features
- Cathedral Ceiling(s)
- Yes
- Eat-in Kitchen
- Yes
- Walk-In Shower(s)
- Yes
Laundry Features
- Laundry Room
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Lock Box Information
- See Remarks
- Yes
Parking Features
- On Site
- Yes
Patio And Porch Features
- Deck
- Yes
Pool Features
- Hot Tub
- Yes
- Pool/Spa Combo
- Yes
Possession
- Close Of Escrow
- Yes
Rental
- Rental History
- Yes
Road Surface Type
- Paved
- Yes
Security Features
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- See Remarks
- Yes
TN Confirmation of Agency ›
Listing Office:
MG Rise Real Estate Group
Last Updated: March - 25 - 2026
Information deemed reliable but not guaranteed.