229 Rodeo Drive, Gatlinburg, TN 37738

$1,300,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,604 Lot Size (sq. ft.): 52,272 Status: Closed
Current Price: $1,300,000 List Date: 4/10/2025 Last Modified: 6/12/2025

Description

Unmatched Smoky Mountain Views + Incredible Upgrades + Proven Income of almost $200k per year! This is the view everyone dreams of but so few ever find—unobstructed, panoramic sights of the Smoky Mountains from a beautifully updated log home nestled on a private, gated, oversized lot in the sought-after mountain community of Cobbly Nob that includes 3 different pools and tennis courts. Set just past the golf course and conveniently located not far up the mountain, this property offers both easy access and total privacy. The grounds are thoughtfully landscaped with lush greenery, a dedicated firepit and social hangout space with cozy egg chairs throughout. There's even room for games like horseshoes and outdoor fun, plus a brand-new hot tub, outdoor coffee perch, and a grilling area to complete the perfect mountain retreat experience. Inside, the home has been updated throughout—including a complete gameroom with pool table, poker table and game systems, new full bathroom, a dedicated 12-person theater room, rebuilt decking, and more. The open-concept great room features soaring vaulted ceilings, a stunning wall of windows showcasing sweeping mountain views, and a floor-to-ceiling stacked stone fireplace. The spacious kitchen includes cabinetry galore, perfect for hosting large groups. The primary bedroom is located on the main level with walk-in closets and ample storage space. The lower level offers a large family/rec room with a second fireplace, additional bedrooms, and continued incredible views. Unlike many cabins built strictly for short-term rentals, this home is ideal as a **primary residence, second home, or a high-performing luxury rental.** And for investors, here's the headline: This property has averaged $196,000 per year in income over the past two years—a rare opportunity to own a turnkey mountain getaway with serious earning potential. This one checks every box—and the views alone will steal your heart. Items that are currently in the closet (such as antique farm equipment, etc.) of the theater room do not convey with the property.

More Information MLS# 305884

Location, Tax, and Legal

New Construction YN: No Restrictive Covenants YN: Yes Zoning: A-1 Zoning Entity: Gatlinburg Parcel Number: 5257, 701-702 Tax Lot: 301 Tax Annual Amount: 1193.19 Tax Year: 2019

Contract Information

Association Type: Mandatory Auction YN: No Owner Name: Travel to Gather LLC Listing Agreement: Exclusive Right To Sell Occupancy: Either Rental History Gross Amount 1: 216575 Rental History Year 1: 2023 Rental History Gross Amount 2: 176321 Rental History Year 2: 2024 Association YN: Yes Association Fee: 1356 Association Fee Frequency: Annually Association Name: Cobbly Nob Property Owners Association Association Phone: (865) 436-9630 Association Email: admin@cnpoa.org Current Price: $1,300,000 Original List Price: 1350000 Sold Price: $1,300,000 Status: Closed Listing Contract Date: 2025-04-10

General Property Information

Stories Total: 2 Lot Size Acres: 1.2 Above Grade Finished Area: 1575 Below Grade Finished Area: 2029 Garage YN: No Bathrooms Half: 1 Garage Spaces: 0 Fireplace YN: Yes Bonus Room YN: Yes Number of Bonus Rooms: 1 Bonus Room Type(s): Theater Room Enclosed Furnished: Furnished Accessory Dwelling Unit YN: No Sign On Property YN: No Home Warranty YN: No Construction Type: Site Built View YN: Yes List Price/SqFt: 374.58 Sold Price/SqFt: 360.71 Living Area: 3604 Bedrooms Total: 4 Bathrooms Total: 4 Bathrooms Full: 3 Year Built: 1988

Remarks and Miscellaneous

Public Remarks: Unmatched Smoky Mountain Views + Incredible Upgrades + Proven Income of almost $200k per year! This is the view everyone dreams of but so few ever find—unobstructed, panoramic sights of the Smoky Mountains from a beautifully updated log home nestled on a private, gated, oversized lot in the sought-after mountain community of Cobbly Nob that includes 3 different pools and tennis courts. Set just past the golf course and conveniently located not far up the mountain, this property offers both easy access and total privacy. The grounds are thoughtfully landscaped with lush greenery, a dedicated firepit and social hangout space with cozy egg chairs throughout. There's even room for games like horseshoes and outdoor fun, plus a brand-new hot tub, outdoor coffee perch, and a grilling area to complete the perfect mountain retreat experience. Inside, the home has been updated throughout—including a complete gameroom with pool table, poker table and game systems, new full bathroom, a dedicated 12-person theater room, rebuilt decking, and more. The open-concept great room features soaring vaulted ceilings, a stunning wall of windows showcasing sweeping mountain views, and a floor-to-ceiling stacked stone fireplace. The spacious kitchen includes cabinetry galore, perfect for hosting large groups. The primary bedroom is located on the main level with walk-in closets and ample storage space. The lower level offers a large family/rec room with a second fireplace, additional bedrooms, and continued incredible views. Unlike many cabins built strictly for short-term rentals, this home is ideal as a **primary residence, second home, or a high-performing luxury rental.** And for investors, here's the headline: This property has averaged $196,000 per year in income over the past two years—a rare opportunity to own a turnkey mountain getaway with serious earning potential. This one checks every box—and the views alone will steal your heart. Items that are currently in the closet (such as antique farm equipment, etc.) of the theater room do not convey with the property. Directions: At traffic light #3 on E. Parkway turn left onto E parkway / US 321 go 11.16 miles turn left onto Butler Branch Rd, then go 0.47 miles turn right to stay on Butler Branch Rd. Then go 0.18miles take the 2nd left onto Rodeo Dr, then go 0.10 mile, take the 1st left to stay on Rodeo dr, then go 0.26 miles and 229 Rodeo Dr is on the right.

Status Change Information

Status Change Timestamp: 2025-06-12 Buyer Financing: Conventional Anticipated Closing Date: 2025-05-23 Major Change Timestamp: 2025-06-12T20:18:17Z Major Change Type: Status Change Purchase Contract Date: 2025-04-17 Close Date: 2025-06-10 Close Price: 1300000

Appliances

Dishwasher: 1 Disposal: 1 Double Oven: 1 Dryer: 1 Electric Range: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1 Self Cleaning Oven: 1 Washer: 1

Architectural Style

Cabin: 1

Association Amenities

Pool: 1 Tennis Court(s): 1

Association Fee Includes

Insurance: 1 Maintenance Grounds: 1 Roads: 1 Security: 1

Attic Features

None: 1

Basement

Finished: 1

Community Features

Pool: 1 Tennis Court(s): 1

Construction Materials

Log: 1 Log Siding: 1

Cooling

Central Air: 1 Electric: 1 Heat Pump: 1

Documents

TN Confirmation of Agency: 1 TN Prop Residential Condition Disc or Ex: 1 TN Subsrfc Sewage Disp System Permit: 1

Exterior Features

Rain Gutters: 1 Storage: 1

Fireplace Features

Fireplaces Total: 2 Gas Log: 1 Wood Burning: 1

Flooring

Laminate: 1 Tile: 1 Wood: 1

Foundation Details

Slab: 1

Heating

Central: 1 Electric: 1 Heat Pump: 1 Zoned: 1

Interior Features

Cathedral Ceiling(s): 1 Ceiling Fan(s): 1 Great Room: 1 Walk-In Closet(s): 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Levels

Two: 1

Lock Box Information

See Remarks: 1

Lot Features

Private: 1 Wooded: 1

Parking Features

Attached Carport: 1 Driveway: 1

Patio And Porch Features

Deck: 1

Possession

Negotiable: 1 Other: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Smoke Detector(s): 1

Sewer

Septic Tank: 1

Utilities

High Speed Internet Available: 1

View

Mountain(s): 1

Water Source

Public: 1

Window Features

Double Pane Windows: 1

Showing Requirements

Call Listing Agent: 1 Showing Instructions: As with all Real Estate transactions, buyer should verify all information independently, including HOA info and square footage. Buy title insurance, have a survey, and all other needed inspections. Before submission of any/all offers, Buyer needs a Pre-Approval Letter if financing or Proof of Funds if cash.

Room Types

Bedroom 2: 1 Bedroom 2 Level: Basement Bedroom 3: 1 Bedroom 3 Level: Basement Dining Room: 1 Dining Room Level: First Game Room: 1 Game Room Level: Basement Great Room: 1 Great Room Level: First Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Other: 1 Other Level: Basement Primary Bedroom: 1 Primary Bedroom Level: First

Location Tax and Legal

Street Number: 229 Street Name: Rodeo Street Suffix: Drive County: Sevier State: TN Zip Code: 37738 Property Sub Type: Single Family Residence MLS Area Major: Gatlinburg Subdivision Name: Cobbly Nob

Property Features

Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Range; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer Architectural Style: Cabin Association Amenities: Pool; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Roads; Security Attic Features: None Basement: Finished Community Features: Pool; Tennis Court(s) Construction Materials: Log; Log Siding Cooling: Central Air; Electric; Heat Pump Documents: TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex; TN Subsrfc Sewage Disp System Permit Exterior Features: Rain Gutters; Storage Fireplace Features: Gas Log; Wood Burning Flooring: Laminate; Tile; Wood Foundation Details: Slab Heating: Central; Electric; Heat Pump; Zoned Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Great Room; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Lock Box Information: See Remarks Lot Features: Private; Wooded Parking Features: Attached Carport; Driveway Patio And Porch Features: Deck Possession: Negotiable; Other Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Sewer: Septic Tank Utilities: High Speed Internet Available View: Mountain(s) Water Source: Public Window Features: Double Pane Windows Showing Requirements: Call Listing Agent Room Types: Bedroom 2; Bedroom 3; Dining Room; Game Room; Great Room; Kitchen; Living Room; Other; Primary Bedroom

Room Information

Primary Bedroom Level: First Dimensions: 16.33 x 14.42 Length: 16.33 Length: 16.33 Width: 14.42 Width: 14.42 Bedroom 2 Level: Basement Remarks: Size: 17'9 x IRR Bedroom 3 Level: Basement Remarks: 9'5x15'4 off bdrm; Size: 17'9 X 11'10 Kitchen Level: First Remarks: custom cabinets; Size: 14'2 x 13 Dining Room Level: First Remarks: D/R and L/R combo Great Room Level: First Remarks: Size: 29'1 x 18'9 Game Room Level: Basement Dimensions: 26 x 24 Length: 26.00 Length: 26.00 Width: 24.00 Width: 24.00 Utility Room Level: Basement Remarks: vanity and commode; Size: 8'1 x 6'7 Other Level: Basement Remarks: sitting area off rec room; Size: 11'1 x 13'5 Living Room Level: First
Listing Office: simpliHOM Knoxville
Last Updated: June - 12 - 2025
Information deemed reliable but not guaranteed.