1115/1131 Old Cartertown Road Road, Gatlinburg, TN 37738
Local realty services provided by:ERA In The Smokies Realty & Rentals



1115/1131 Old Cartertown Road Road,Gatlinburg, TN 37738
$1,974,995
- 4 Beds
- 4 Baths
- 5,012 sq. ft.
- Single family
- Active
Listed by:david chile
Office:weichert, realtors - tiger rea
MLS#:306368
Source:TN_GSMAR
Price summary
- Price:$1,974,995
- Price per sq. ft.:$394.05
About this home
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.
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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
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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
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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.
•
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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
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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.
Contact an agent
Home facts
- Year built:1968
- Listing Id #:306368
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:5,012 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric, Heat Pump
Structure and exterior
- Year built:1968
- Building area:5,012 sq. ft.
- Lot area:2.09 Acres
Schools
- High school:GatlinburgPittman High
- Middle school:Gatlinburg-Pittman Junior High
- Elementary school:Pi Beta Phi Elementary
Utilities
- Water:Water Connected
Finances and disclosures
- Price:$1,974,995
- Price per sq. ft.:$394.05
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