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
Listing Office: Weichert, REALTORS - Tiger Rea
Last Updated: January - 28 - 2026
Information deemed reliable but not guaranteed.