realty-smokies

788 Chestnut Drive, Gatlinburg, TN 37738

$1,725,000
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 3,861 Lot Size (sq. ft.): 30,492 Status: Active
Current Price: $1,725,000 List Date: 3/12/2026 Last Modified: 3/30/2026

Overview

Description

Chestnut Lodge- recently built in 2024, approved to sleep 18 with a sprinkler system, decked out with upscale contemporary finishes throughout, all the amenities needed to be a top of class family cabin (including a 21' swim spa/pool!), beautiful mountain views, and at the end of a culd-e-sac in the best/highest revenue spot in all of the Smokies... Chalet Village! Current property manager offering 10% performance based management guarantee for 12 months. If they don't hit their income projection, their fee stays at 10% for another 12 months! This modern mountain chalet was meticulously built, designed, and furnished to maximize rental revenue and include any and every amenity you need to outperform your neighbors. Real stone floor-to-20'-ceiling fireplace, low maintenance exterior finishes, 3 tiers of covered + composite deck space (over 1500sqf), hard lined propane firepit on the main level (along with a hard lined propane grill, STR inspection approved), high end and quality furnishings throughout with polywood exterior seating (buy it nice, or buy it thrice), a fully packed/dedicated arcade, a dedicated theatre room with leather +electric recline theatre seating, a built-in 21' SWIM-SPA/POOL insert (easier maintenance and cleaning than a traditional gunnite, shotcrete, or liner pool), and of course 6 spacious bedrooms all with en-suite bathrooms with floor to ceiling tiled showers! Other standout features include- utility water (no well to service/have issues), covered + private deck space for the top level master suites, enough deck space on the bottom level to comfortably play cornhole and a myriad of other games, wall mounted TV's + dedicated dressers in every room, and ample parking space for 6-8 vehicles! Long range mountain views of the Smokies, unbeatable location, end of culde-sac privacy, all the amenities + bells and whistles you need to be a top performing property, modern mountain/non-cookie cutter cabin design, recently built, sprinkler system and STR inspection approved. This property truly has it all and was built to be a rental machine. Current management company recently took over for the previous manager and is willing to extend a 1-year, full service/white glove management service (as well as carrying over existing bookings) for a flat 10% management fee as well! Or, take this gem on yourself for self management.

Listing Details MLS# 310647

General Property Information

Stories Total
2
Lot Size Dimensions
151.62 X 267.04
Lot Size Acres
0.7
Living Area
3861
Above Grade Finished Area
3861
Bedrooms Total
6
Bathrooms Total
6
Bathrooms Full
6
Garage YN
No
Attached Garage YN
No
Fireplace YN
Yes
Year Built
2024
Bonus Room YN
Yes
Number of Bonus Rooms
Yes
Bonus Room Type(s)
Theatre Room
Accessory Dwelling Unit YN
No
Construction Type
Site Built
List Price/SqFt
446.78
Below Grade Finished Area
0
Below Grade Unfinished Area
0
Unfinished Area Total
0
Bathrooms Half
0
Garage Spaces
0
Carport Spaces
0

Property Features

Documents: TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex; TN Subsrfc Sewage Disp System Permit Sewer: Septic Tank Water Source: Public

Location Tax and Legal

Street Number
788
Street Name
Chestnut
Street Suffix
Drive
County
Sevier
State
TN
Zip Code
37738
Property Sub Type
Single Family Residence
MLS Area Major
Chalet Village
Subdivision Name
Chalet Village North

Contract Information

Original List Price
1725000
Sold Before Listed
No
Listing Contract Date
2026-03-12
Auction YN
No
Owner Name
Jones Larry Mackenzie Jones Trustees
Listing Agreement
Exclusive Agency
Occupancy
Either
Rental History Gross Amount 1
198654
Rental History Year 1
2025
Association YN
Yes
Association Fee
519
Association Fee Frequency
Annually
Association Name
Chalet Village North
Association Phone
865-436-4440
Association Type
Mandatory

Remarks and Miscellaneous

Public Remarks
Chestnut Lodge- recently built in 2024, approved to sleep 18 with a sprinkler system, decked out with upscale contemporary finishes throughout, all the amenities needed to be a top of class family cabin (including a 21' swim spa/pool!), beautiful mountain views, and at the end of a culd-e-sac in the best/highest revenue spot in all of the Smokies... Chalet Village! Current property manager offering 10% performance based management guarantee for 12 months. If they don't hit their income projection, their fee stays at 10% for another 12 months! This modern mountain chalet was meticulously built, designed, and furnished to maximize rental revenue and include any and every amenity you need to outperform your neighbors. Real stone floor-to-20'-ceiling fireplace, low maintenance exterior finishes, 3 tiers of covered + composite deck space (over 1500sqf), hard lined propane firepit on the main level (along with a hard lined propane grill, STR inspection approved), high end and quality furnishings throughout with polywood exterior seating (buy it nice, or buy it thrice), a fully packed/dedicated arcade, a dedicated theatre room with leather +electric recline theatre seating, a built-in 21' SWIM-SPA/POOL insert (easier maintenance and cleaning than a traditional gunnite, shotcrete, or liner pool), and of course 6 spacious bedrooms all with en-suite bathrooms with floor to ceiling tiled showers! Other standout features include- utility water (no well to service/have issues), covered + private deck space for the top level master suites, enough deck space on the bottom level to comfortably play cornhole and a myriad of other games, wall mounted TV's + dedicated dressers in every room, and ample parking space for 6-8 vehicles! Long range mountain views of the Smokies, unbeatable location, end of culde-sac privacy, all the amenities + bells and whistles you need to be a top performing property, modern mountain/non-cookie cutter cabin design, recently built, sprinkler system and STR inspection approved. This property truly has it all and was built to be a rental machine. Current management company recently took over for the previous manager and is willing to extend a 1-year, full service/white glove management service (as well as carrying over existing bookings) for a flat 10% management fee as well! Or, take this gem on yourself for self management.
Directions
From the Spur in Gatlinburg, take the Gatlinburg Bypass to Wiley Oakley Dr, follow to Chestnut Dr; stay on Chestnut Dr to 788, property on right.

Status Change Information

Major Change Timestamp
2026-03-12T10:30:11Z
Major Change Type
New Listing
Status Change Timestamp
2026-03-12

More Information

Fireplace Features

Fireplaces Total
2

Location, Tax, and Legal

New Construction YN
No
Restrictive Covenants YN
Yes
Zoning
R-1
Zoning Entity
Sevier County
Parcel Number
126B B 02200 000
Tax Lot
330
Tax Annual Amount
4733.63
Tax Year
2025
County Tax
4733.63

Documents

TN Confirmation of Agency
Yes
TN Prop Residential Condition Disc or Ex
Yes
TN Subsrfc Sewage Disp System Permit
Yes

Sewer

Septic Tank
Yes

Water Source

Public
Yes
Listing Office: Hostimo Realty
Last Updated: March - 30 - 2026
Information deemed reliable but not guaranteed.