402 Laurel Ave, Gatlinburg, TN 37738

New Listing
$4,500,000
Property Type: Single Family Bedrooms: 5 Square Footage: 4,239 Lot Size (sq. ft.): 436 Status: Active
Current Price: $4,500,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Overview

Description

SHOWN BY APPOINTMENT ONLY: ACTIVE SHORT TERM RENTAL: A rare opportunity to acquire one of Gatlinburg's premier luxury investment properties. Nestled at the doorstep of the Great Smoky Mountains National Park and within walking distance of downtown Gatlinburg, this extraordinary estate combines luxury accommodations, proven rental performance, and unmatched future development potential. Featuring 5 spacious bedrooms, 5 full baths, and 2 half baths, the cabin has been meticulously designed to deliver an exceptional guest experience. Multiple levels of outdoor living are showcased through three expansive decks on each floor, offering abundant space to relax, entertain, and take in the beauty of the Great Smoky Mountains. Inside, guests enjoy premium amenities including a private theater room, two fireplaces, a swim spa, and thoughtfully curated gathering spaces designed for both large groups and intimate retreats. What truly sets this property apart is its remarkable rental histo ...

Listing Details MLS# 1345664

Location Tax Legal Info

House #
402
Street Name
Laurel
St Suffix
Ave
State/Province
TN
Zip Code
37738
PIN #
126E A 00600 000
Subdivision
Smokey Heights

Contract Info

Auction Y/N
No
Listing Price
4500000
Occupancy
Either

General Property Description

Type
3 Story
Lot Dimensions
260x175
Acres
0.01
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
4239
SqFt - Main Lvl
1413
SqFt - 2nd Flr Lvl
1413
SqFt - 3rd Flr Lvl
1413
# Bedrooms
5
Baths - Full
5
Baths - 1/2
2
# of Rooms
7
Fireplace
Yes
# Fireplace
2
Property Status
N/A
HOA
No
Year Built
2007
Bonus Room
Yes
Extra Storage
Yes
SqFt - Down Lvl
0
Basement
No

Status Change Info

Status Change Date
2026-06-23

Location, Tax & Legal Info

Area
Sevier County - 27
Property Sub-Type
Residential
City/County Code
City Limits
Total Tax
5997.61

Remarks & Misc

Directions
GPS friendly 441 Parkway: onto Helmock St: Then Hill St: Then Laurel Ave
Public Remarks
SHOWN BY APPOINTMENT ONLY: ACTIVE SHORT TERM RENTAL: A rare opportunity to acquire one of Gatlinburg's premier luxury investment properties. Nestled at the doorstep of the Great Smoky Mountains National Park and within walking distance of downtown Gatlinburg, this extraordinary estate combines luxury accommodations, proven rental performance, and unmatched future development potential. Featuring 5 spacious bedrooms, 5 full baths, and 2 half baths, the cabin has been meticulously designed to deliver an exceptional guest experience. Multiple levels of outdoor living are showcased through three expansive decks on each floor, offering abundant space to relax, entertain, and take in the beauty of the Great Smoky Mountains. Inside, guests enjoy premium amenities including a private theater room, two fireplaces, a swim spa, and thoughtfully curated gathering spaces designed for both large groups and intimate retreats. What truly sets this property apart is its remarkable rental history, supported by a loyal base of returning guests and a reputation built over nearly two decades. This is more than a vacation rental--it's an established hospitality business with a proven track record of success. The offering includes four and a half additional lots, creating a rare opportunity to expand an existing rental portfolio, develop additional luxury cabins, or preserve the surrounding acreage for enhanced privacy and exclusivity. A large parking area and extensive usable land provide flexibility rarely found in the Gatlinburg market. Properties of this caliber, location, and income-producing history seldom become available. Whether you're seeking a trophy asset, a luxury hospitality investment, or a legacy property in the heart of the Smokies, this exceptional estate represents a truly one-of-a-kind opportunity.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Cabin
Yes

Construction

Frame
Yes

Siding

Cedar
Yes
Stone
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Designated Parking
Yes
Main Level
Yes
Off-Street Parking
Yes

Basement

Crawl Space
Yes

Lot Description

Irregular Lot
Yes

Fuel

Electric
Yes
Propane
Yes

View

City
Yes
Mountain View
Yes

Heat

Central
Yes

Dining Area

Kitchen/Dining Rm Co
Yes
Living Rm/Dining Rm
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Gas Grill
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Smoke Detector
Yes
Washer
Yes

Other Rooms

Extra Storage
Yes
Family Room
Yes
Great Room
Yes
Laundry/Utility
Yes
Mstr Bdrm Main Level
Yes

Exterior Features

Balcony
Yes
Deck
Yes
Doors - Energy Star
Yes
Porch - Covered
Yes
Prof Landscaped
Yes
Windows - Vinyl
Yes

Misc Features

Drapes
Yes
Hot Tub
Yes
Internet Available
Yes
Pantry
Yes
Walk-in Shower
Yes
Walk-In Closet(s)
Yes
Washer/Dryer Connect
Yes
Wired for Internet
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Cabin Construction: Frame Siding: Cedar; Stone Basement: Crawl Space Lot Description: Irregular Lot View: Mountain View Fireplace: None Floors: Hardwood; Tile Fuel: Electric; Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Gas Grill; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer Sewer: Public Sewer Water: Public Other Rooms: Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Drapes; Hot Tub; Internet Available; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet Exterior Features: Balcony; Deck; Doors - Energy Star; Porch - Covered; Prof Landscaped; Windows - Vinyl Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional; New Loan
IDX
Listing Office: R & R Realty Company
Last Updated: June - 23 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.