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5 Beds
7 Baths
4,239 sqft

$4,500,000

402 Laurel Ave, Gatlinburg TN, 37738

Price per sqft$1,061.57
Built in2007
Property size4,239 sqft
Property typeResidential
Courtesy of R&R Realty Company, Connor Sise Listing Contact: 8658099751

Overview

Active

Listed Aug 19, 2026

Updated Aug 31

SHOWN BY APPOINTMENT ONLY: ACTIVE SHORT TERM RENTAL: A rare opportunity to acquire one of Gatlinburg's premier luxury investment properties. Nestled at the doorstep of the Great Smoky Mountains National Park and within walking distance of downtown Gatlinburg, this extraordinary estate combines luxury accommodations, proven rental performance, and unmatched future development potential. Featuring 5 spacious bedrooms, 5 full baths, and 2 half baths, the cabin has been meticulously designed to deliver an exceptional guest experience. Multiple levels of outdoor living are showcased through three expansive decks on each floor, offering abundant space to relax, entertain, and take in the beauty of the Great Smoky Mountains. Inside, guests enjoy premium amenities including a private theater room, two fireplaces, a swim spa, and thoughtfully curated gathering spaces designed for both large groups and intimate retreats. What truly sets this property apart is its remarkable rental history, supported by a loyal base of returning guests and a reputation built over nearly two decades. This is more than a vacation rental--it's an established hospitality business with a proven track record of success. The offering includes four and a half additional lots, creating a rare opportunity to expand an existing rental portfolio, develop additional luxury cabins, or preserve the surrounding acreage for enhanced privacy and exclusivity. A large parking area and extensive usable land provide flexibility rarely found in the Gatlinburg market. Properties of this caliber, location, and income-producing history seldom become available. Whether you're seeking a trophy asset, a luxury hospitality investment, or a legacy property in the heart of the Smokies, this exceptional estate represents a truly one-of-a-kind opportunity.

$29,939/mo

Est. mortgage payment based on a $4,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
3516273

Interior Features

Bedrooms
5
Bathrooms
7
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.95 Acres

Other Property Details

Taxes
$5,998
Tax Frequency
Annually
View
Yes
55+/Senior Community
No

Also listed on KAAR

Listings courtesy of Middle Tennessee Regional Multiple Listing Service as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Thompson Williams Properties, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:10 AM UTC on 8/31/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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