738 & 742 Smokerise Drive, Gatlinburg, TN 37738

$2,600,000

Virtual Tour

https://mls.immoviewer.com/portal/tour/3124945?psm.showBottomLine=false&accessKey=685e&psm.showPoweredBy=false&psm.showShare=false

Property Type: Single Family Bedrooms: 5 Square Footage: 4,924 Lot Size (sq. ft.): 75,882 Status: Closed

Current Price: $2,600,000 List Date: 8/17/2025 Last Modified: 11/06/2025

Overview

Description

This spectacular opportunity is perched nearly 2,000 feet above Gatlinburg with panoramic views that sweep across the Smoky Mountains, this newly listed modern mountain-top retreat offers both an opulent escape and a rare investment opportunity. With over $350,000 already booked revenue in 2025 and over $100,000 already booked in 2026, for a total of over $450,000 with zero advertising spent to date. All future booking proceeds after closing go directly to the buyer. From an investment perspective, this property is a proven performer. Both properties are fully furnished and equipped down to the décor and event supplies, ensuring immediate income generation. Situated on 1.74 private acres along a quiet ridge-line, this exceptional property includes two turnkey cabins and a bespoke micro-event platform, thoughtfully designed for intimate weddings, corporate retreats, wellness gatherings, or exclusive vacation rentals. The larger cabin (3,100 sq. ft., built in 2024) features 3 bed ... (Read more) This spectacular opportunity is perched nearly 2,000 feet above Gatlinburg with panoramic views that sweep across the Smoky Mountains, this newly listed modern mountain-top retreat offers both an opulent escape and a rare investment opportunity. With over $350,000 already booked revenue in 2025 and over $100,000 already booked in 2026, for a total of over $450,000 with zero advertising spent to date. All future booking proceeds after closing go directly to the buyer. From an investment perspective, this property is a proven performer. Both properties are fully furnished and equipped down to the décor and event supplies, ensuring immediate income generation. Situated on 1.74 private acres along a quiet ridge-line, this exceptional property includes two turnkey cabins and a bespoke micro-event platform, thoughtfully designed for intimate weddings, corporate retreats, wellness gatherings, or exclusive vacation rentals. The larger cabin (3,100 sq. ft., built in 2024) features 3 bedrooms plus a loft, 3.5 bathrooms, 1,440 sq. ft. of deck space, and accommodations for up to 12 guests. The second cabin (1,824 sq. ft., originally built in 1977 and fully renovated in 2024) offers 2 bedrooms, 2.5 bathrooms, 500 sq. ft. of deck space, and sleeps 8. Both showcase high-end finishes, fully stocked kitchens, luxurious bathrooms with rainfall showers and lighted mirrors, and expansive indoor-outdoor living spaces designed to capture the stunning mountain vistas. The 1,100 sq. ft. event platform with 250 sq. ft. of storage opens endless revenue possibilities—micro-weddings, yoga retreats, small business gatherings—all enhanced by the unmatched privacy and scenery. Outdoor amenities include two hot tubs, multiple fireplaces, an outdoor bar, picnic areas, an outdoor shower, arcade games, swings, and a telescope for stargazing. Located just 10 minutes to Downtown Gatlinburg, 12 minutes to Pigeon Forge, and 20 minutes to Dollywood, guests enjoy quick access to world-class attractions while returning to a secluded mountain haven at day's end. The private road location ensures peace and exclusivity, making it as appealing for personal use as it is for rental income. This is not just a property—it is a turnkey luxury lifestyle business with multiple revenue streams, minimal marketing required, and the kind of views that command premium nightly rates. Whether you're seeking a high-performing short-term rental portfolio, a luxury second home, or an intimate event destination, this offering represents a once-in-a-lifetime find in the Smokies. (3D Tour of 738Smokerise is available upon request along with financials!)

Listing Details MLS# 1311659

Location Tax Legal Info

House #: 738 & 742
Street Name: Smokerise
St Suffix: Drive
State/Province: TN
Zip Code: 37738
PIN #: 116E A 016.00
Subdivision: Smokerise Mtn Comm

Contract Info

Auction Y/N: No
Listing Price: 2750000
Occupancy: Either
Gross Amount Year 1: 350000

General Property Description

Type: 2 Story
Lot Size SqFt: 75881.52
Acres: 1.74
Acre Source: Survey
Site Built: Yes
Restrictions: No
SqFt - Total (Aprox): 4924
SqFt - Main Lvl: 2462
SqFt - 2nd Flr Lvl: 2462
# Bedrooms: 5
Baths - Full: 5
Baths - 1/2: 2
# of Rooms: 12
Fireplace: Yes
# Fireplace: 2
Property Status: N/A
HOA: No
HOA Contact: N/A
Year Built: 2024
Bonus Room: Yes
Extra Storage: Yes

Status Change Info

Status Change Date: 2025-11-06
Under Contract Date: 2025-10-01
Sold Date: 2025-11-03

More Information

Property Features

Style: Contemporary Construction: Frame Siding: Wood; Other Basement: Crawl Space Lot Description: Irregular Lot; Private; Wooded View: Country Setting; Mountain View; Seasonal Mountain View; Wooded Fireplace: Gas Log; Stone; Electric Floors: Tile; Vinyl Fuel: Electric; Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer Sewer: Septic Tank Water: Well Other Rooms: 2nd Rec Room; Bedroom Main Level; Extra Storage; Great Room; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Cathedral Ceiling(s); Drapes; DSL Available; Hot Tub; Internet Available; Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Whirlpool Tub; Wired for Internet Exterior Features: Balcony; Deck; Patio; Porch - Covered; Windows - Insulated Outbuildings: Gazebo Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange; New Loan

IDX

Listing Office: Wallace

Last Updated: November - 06 - 2025

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738 & 742 Smokerise Drive, Gatlinburg, TN 37738 (MLS# 1311659)