139 Water Tower Road, Gatlinburg, TN 37738
$1,490,000
Property Type:
Residential
Bedrooms:
4
Baths:
6
Square Footage:
3,432
Lot Size (sq. ft.):
13,504
Status:
Active
Current Price:
$1,490,000
List Date:
1/15/2026
Last Modified:
1/19/2026
Description
Proven Performer with six-figure rental history year after year and incredible future bookings already in place.
Luxury 4BR/4BA cabin with 2 half baths, all bedrooms featuring en suites, three levels, and stunning views of downtown Gatlinburg. This modern rustic retreat is sold fully furnished and turnkey with exceptional rental performance—2024 income of $207,299, 2025 income of $192,759, and over $85,000 in bookings already secured for 2026. Highlights include an open floor plan, tongue-and-groove walls and ceilings, luxury vinyl plank flooring throughout, electric fireplace, and upscale kitchen with quartz countertops and stainless appliances. Main level offers a queen suite with deck access and a bunk room sleeping six. Upper level features two king suites with spa-style baths and private deck access. Lower level includes a movie theater, game room, and access to covered deck with hot tub, firepit seating, and outdoor 16 ft swim spa. Easy access right off East Parkway with no steep roads, ample parking, and walkable to downtown Gatlinburg. Ideal short-term rental, vacation home, or second home. Sleeps 12.
Check out our Rental Link and reviews: https://www.airbnb.com/rooms/867557912464038531?viralityEntryPoint=1&s=76
More Information MLS# 309728
Location, Tax, and Legal
Zip +4: 4933
New Construction YN: No
Restrictive Covenants YN: No
Zoning: C-2
Zoning Entity: Sevier County
Parcel Number: 126E D 02100 000
Tax Lot: 1
Tax Annual Amount: 4698.28
Tax Year: 2025
Contract Information
Auction YN: No
Owner Name: 139 Water Tower, LLC
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
Current Price: $1,490,000
Original List Price: 1490000
List Price: $1,490,000
Status: Active
Listing Contract Date: 2026-01-14
General Property Information
Stories Total: 2
Lot Size Dimensions: 240.1 X 188.5 IRR
Lot Size Acres: 0.31
Above Grade Finished Area: 3432
Below Grade Finished Area: 0
Garage YN: No
Bathrooms Half: 2
Garage Spaces: 0
Fireplace YN: Yes
Bonus Room YN: Yes
Number of Bonus Rooms: 1
Bonus Room Type(s): Family room, and rec room
List Price/SqFt: 434.15
Living Area: 3432
Bedrooms Total: 4
Bathrooms Total: 6
Bathrooms Full: 4
Year Built: 2023
Remarks and Miscellaneous
Public Remarks: Proven Performer with six-figure rental history year after year and incredible future bookings already in place.
Luxury 4BR/4BA cabin with 2 half baths, all bedrooms featuring en suites, three levels, and stunning views of downtown Gatlinburg. This modern rustic retreat is sold fully furnished and turnkey with exceptional rental performance—2024 income of $207,299, 2025 income of $192,759, and over $85,000 in bookings already secured for 2026. Highlights include an open floor plan, tongue-and-groove walls and ceilings, luxury vinyl plank flooring throughout, electric fireplace, and upscale kitchen with quartz countertops and stainless appliances. Main level offers a queen suite with deck access and a bunk room sleeping six. Upper level features two king suites with spa-style baths and private deck access. Lower level includes a movie theater, game room, and access to covered deck with hot tub, firepit seating, and outdoor 16 ft swim spa. Easy access right off East Parkway with no steep roads, ample parking, and walkable to downtown Gatlinburg. Ideal short-term rental, vacation home, or second home. Sleeps 12.
Check out our Rental Link and reviews: https://www.airbnb.com/rooms/867557912464038531?viralityEntryPoint=1&s=76
Directions: From Sevierville, head to Gatlinburg on Parkway (US-321 N / US-441 S / TN-71). Turn LEFT onto Dudley Creek Rd (Ripley's Davy Crockett Mini-Golf will be on the corner). In 1 mile the road name changes to Ridge Rd. In a half mile turn RIGHT onto E Parkway (US-321 S / TN-73). In less than a mile turn RIGHT onto Water Tower Rd. 139 Water Tower Rd will be on your left.
Status Change Information
Status Change Timestamp: 2026-01-14
Major Change Timestamp: 2026-01-15T02:09:29Z
Major Change Type: New Listing
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Architectural Style
Cabin: 1
Chalet: 1
Contemporary: 1
Attic Features
Access Only: 1
Basement
Finished: 1
Full: 1
Construction Materials
Frame: 1
Cooling
Electric: 1
Current Use
Investment: 1
Single Family: 1
Documents
TN Confirmation of Agency: 1
TN Prop Residential Condition Disc or Ex: 1
Fireplace Features
Fireplaces Total: 1
Electric: 1
Flooring
Luxury Vinyl: 1
Heating
Electric: 1
Interior Features
Cathedral Ceiling(s): 1
Eat-in Kitchen: 1
Walk-In Shower(s): 1
Laundry Features
Laundry Room: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Information
See Remarks: 1
Parking Features
On Site: 1
Patio And Porch Features
Deck: 1
Pool Features
Hot Tub: 1
Pool/Spa Combo: 1
Possession
Close Of Escrow: 1
Rental
Rental History: 1
Road Surface Type
Paved: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
See Remarks: 1
Location Tax and Legal
Street Number: 139
Street Name: Water Tower
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; Dryer; Microwave; Range Hood; Refrigerator; Washer
Architectural Style: Cabin; Chalet; Contemporary
Attic Features: Access Only
Basement: Finished; Full
Construction Materials: Frame
Cooling: Electric
Current Use: Investment; Single Family
Documents: TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex
Fireplace Features: Electric
Flooring: Luxury Vinyl
Heating: Electric
Interior Features: Cathedral Ceiling(s); Eat-in Kitchen; Walk-In Shower(s)
Laundry Features: Laundry Room
Listing Terms: 1031 Exchange; Cash; Conventional
Lock Box Information: See Remarks
Parking Features: On Site
Patio And Porch Features: Deck
Pool Features: Hot Tub; Pool/Spa Combo
Possession: Close Of Escrow
Rental: Rental History
Road Surface Type: Paved
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Call Listing Agent; See Remarks
TN Confirmation of Agency ›
Listing Office:
MG Rise Real Estate Group
Last Updated: January - 19 - 2026
Information deemed reliable but not guaranteed.