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
$1,974,990
- 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:$1,974,990
- 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.
________________________________________
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
________________________________________
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
•
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.
•
________________________________________
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
________________________________________
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
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,974,990
- Price per sq. ft.:$394.05
- Tax amount:$4,866 (2024)
New listings near 1115/1131 Old Cartertown Road Road
- New
$275,000Active2 beds 2 baths1,332 sq. ft.429 Deer Path Lane #201, Gatlinburg, TN 37738
MLS# 308491Listed by: CENTURY 21 MVP 
$359,000Pending1 beds 1 baths575 sq. ft.337 Silverbell Ln Lane, Gatlinburg, TN 37738
MLS# 308479Listed by: WALLACE REAL ESTATE KNOX
$429,000Pending1 beds 1 baths660 sq. ft.341 Silverbell Ln., Gatlinburg, TN 37738
MLS# 308480Listed by: WALLACE REAL ESTATE KNOX- New
$599,900Active3 beds 2 baths2,384 sq. ft.521 Jefferson Road, Gatlinburg, TN 37738
MLS# 308472Listed by: PRIME MOUNTAIN PROPERTIES - New
$275,000Active2 beds 2 baths768 sq. ft.1380 Ski View Drive #UNIT 2102, Gatlinburg, TN 37738
MLS# 308471Listed by: PRIME MOUNTAIN PROPERTIES - New
$589,000Active2 beds 2 baths1,300 sq. ft.560 Thissa Way, Gatlinburg, TN 37738
MLS# 308466Listed by: HOMETOWN REALTY LLC - New
$399,950Active3 beds 2 baths1,680 sq. ft.745 W Highland Drive, Gatlinburg, TN 37738
MLS# 308457Listed by: BRYAN REALTY OF EAST TENNESSEE - New
$549,000Active2 beds 2 baths1,113 sq. ft.215 Ski Mtn. Rd. #103, Gatlinburg, TN 37738
MLS# 308456Listed by: OPTIONS 4U REALTY, LLC - New
$695,000Active2 beds 3 baths2,483 sq. ft.317 Matterhorn Drive, Gatlinburg, TN 37738
MLS# 308451Listed by: CENTURY 21 LEGACY GP - New
$85,000Active0.05 Acres4229 E Parkway #076, Gatlinburg, TN 37738
MLS# 308450Listed by: MILES REAL ESTATE SERVICES LLC
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.