1115/1131 Old Cartertown Road Road, Gatlinburg, TN 37738
$1,954,865
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
5,012
Lot Size (sq. ft.):
91,040
Status:
Active
Current Price:
$1,954,865
List Date:
5/08/2025
Last Modified:
1/28/2026
Description
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.
More Information MLS# 306368
Location, Tax, and Legal
New Construction YN: No
Restrictive Covenants YN: Yes
Zoning: R-1
Zoning Entity: Tax Record
Parcel Number: 117 037.00
Tax Lot: 2 & 3
Tax Annual Amount: 4866.56
Tax Year: 2024
City Tax: 380.97
County Tax: 4485.58
Elementary School: Pi Beta Phi Elementary
Middle Or Junior School: Gatlinburg-Pittman Junior High
High School: GatlinburgPittman High
Contract Information
Sold Before Listed: No
Auction YN: No
Owner Name: M&M Investments Acquisitions L
Listing Agreement: Exclusive Agency
Occupancy: Either
Rental History Gross Amount 1: 197360
Rental History Year 1: 2024
Rental History Gross Amount 2: 252437
Rental History Year 2: 2023
Association YN: No
Current Price: $1,954,865
Original List Price: 1995000
List Price: $1,954,865
Status: Active
Listing Contract Date: 2025-05-08
General Property Information
Stories Total: 1
Lot Size Acres: 2.09
Above Grade Finished Area: 5012
Below Grade Finished Area: 0
Garage YN: No
Bathrooms Half: 0
Garage Spaces: 7
Carport Spaces: 3
Fireplace YN: Yes
Bonus Room YN: Yes
Number of Bonus Rooms: 3
Bonus Room Type(s): Bonus and game room. This sale is combined with two properties
Furnished: Furnished
Sign On Property YN: Yes
Home Warranty YN: No
Construction Type: Site Built
List Price/SqFt: 390.04
Living Area: 5012
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 1968
Remarks and Miscellaneous
Public Remarks: 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.
Directions: Coming from Downtown Gatlinburg take 321 East Parkway to 2nd stop light (Dudley Creek Rd.) follow to a Rt. onto Old Cartertown Road. Property will be on the left. See signs.
Status Change Information
Status Change Timestamp: 2025-05-08
Major Change Timestamp: 2026-01-28T13:59:55Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-28T13:59:55Z
Appliances
Dishwasher: 1
Disposal: 1
Double Oven: 1
Dryer: 1
Electric Cooktop: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Self Cleaning Oven: 1
Trash Compactor: 1
Washer: 1
Other: 1
Architectural Style
Cabin: 1
Chalet: 1
Contemporary: 1
Cottage: 1
Log: 1
Traditional: 1
Other: 1
Construction Materials
Block: 1
Brick: 1
Log: 1
Log Siding: 1
Stone: 1
Other: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Investment: 1
Single Family: 1
Other: 1
Documents
Lead Based Paint Disclosure: 1
TN Confirmation of Agency: 1
TN Prop Residential Condition Disc or Ex: 1
TN Subsrfc Sewage Disp System Permit: 1
Documents Available
Septic Inspection: 1
Septic Permit: 1
Survey: 1
Exterior Features
Rain Gutters: 1
Storage: 1
Other: 1
Fencing
Partial: 1
Fireplace Features
Fireplaces Total: 3
Electric: 1
Gas Log: 1
Flooring
Hardwood: 1
Laminate: 1
Tile: 1
Wood: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Interior Features
Additional Living Quarters: 1
Breakfast Bar: 1
Cathedral Ceiling(s): 1
Ceiling Fan(s): 1
Eat-in Kitchen: 1
Formal Dining: 1
Granite Counters: 1
Great Room: 1
High Speed Internet: 1
Kitchen Island: 1
Kitchen/Dining Combo: 1
Living/Dining Combo: 1
Pantry: 1
Soaking Tub: 1
Storage: 1
Walk-In Closet(s): 1
Walk-In Shower(s): 1
Wet Bar: 1
Other: 1
Laundry Features
Laundry Closet: 1
Levels
One: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Information
Combo: 1
Lot Features
Back Yard: 1
Corner Lot: 1
Corners Marked: 1
Front Yard: 1
Irregular Lot: 1
Landscaped: 1
Sloped: 1
Subdivided: 1
Views: 1
Wooded: 1
Other: 1
See Remarks: 1
Main Room Levels
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Other Equipment
Fuel Tank(s): 1
Other Structures
Gazebo: 1
Outbuilding: 1
Storage: 1
Other: 1
See Remarks: 1
Parking Features
Additional Parking: 1
Asphalt: 1
Attached Carport: 1
Driveway: 1
On Site: 1
Other: 1
Patio And Porch Features
Covered: 1
Deck: 1
Patio: 1
Porch: 1
Other: 1
Pets Allowed
Yes: 1
Pool Features
Cabana: 1
Electric Heat: 1
Fenced: 1
Heated: 1
Outdoor Pool: 1
Private: 1
See Remarks: 1
Possession
Close Of Escrow: 1
Property Condition
Updated/Remodeled: 1
Road Frontage Type
City Street: 1
Road: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Security Features
Security System: 1
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
High Speed Internet Connected: 1
Internet Connected: 1
Water Connected: 1
Other: 1
Water Source
Public: 1
Showing Considerations
See Remarks: 1
Showing Requirements
Call Listing Agent: 1
Location Tax and Legal
Street Number: 1115/1131
Street Name: Old Cartertown Road
Street Suffix: Road
County: Sevier
State: TN
Zip Code: 37738
Property Sub Type: Cabin
MLS Area Major: Gatlinburg
Subdivision Name: Other
Property Features
Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Cooktop; Electric Range; Electric Water Heater; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Trash Compactor; Washer; Other
Architectural Style: Cabin; Chalet; Contemporary; Cottage; Log; Traditional; Other
Construction Materials: Block; Brick; Log; Log Siding; Stone; Other
Cooling: Central Air; Electric
Current Use: Investment; Single Family; Other
Documents: Lead Based Paint Disclosure; TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex; TN Subsrfc Sewage Disp System Permit
Documents Available: Septic Inspection; Septic Permit; Survey
Exterior Features: Rain Gutters; Storage; Other
Fencing: Partial
Fireplace Features: Electric; Gas Log
Flooring: Hardwood; Laminate; Tile; Wood
Heating: Central; Electric; Heat Pump
Interior Features: Additional Living Quarters; Breakfast Bar; Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Formal Dining; Granite Counters; Great Room; High Speed Internet; Kitchen Island; Kitchen/Dining Combo; Living/Dining Combo; Pantry; Soaking Tub; Storage; Walk-In Closet(s); Walk-In Shower(s); Wet Bar; Other
Laundry Features: Laundry Closet
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Information: Combo
Lot Features: Back Yard; Corner Lot; Corners Marked; Front Yard; Irregular Lot; Landscaped; Sloped; Subdivided; Views; Wooded; Other; See Remarks
Other Equipment: Fuel Tank(s)
Other Structures: Gazebo; Outbuilding; Storage; Other; See Remarks
Parking Features: Additional Parking; Asphalt; Attached Carport; Driveway; On Site; Other
Patio And Porch Features: Covered; Deck; Patio; Porch; Other
Pets Allowed: Yes
Pool Features: Cabana; Electric Heat; Fenced; Heated; Outdoor Pool; Private; See Remarks
Possession: Close Of Escrow
Property Condition: Updated/Remodeled
Road Frontage Type: City Street; Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Composition
Security Features: Security System; Smoke Detector(s)
Sewer: Septic Tank
Utilities: Cable Connected; Electricity Connected; High Speed Internet Connected; Internet Connected; Water Connected; Other
Water Source: Public
Showing Considerations: See Remarks
Showing Requirements: Call Listing Agent
Documents
Listing Office:
Weichert, REALTORS - Tiger Rea
Last Updated: January - 28 - 2026
Information deemed reliable but not guaranteed.
Lead Based Paint Disclosure ›