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Sold for $2,600,000 on 11/03/25
  • $2,600,000

    738 & 742 Smokerise Dr, Gatlinburg, TN 37738

    5beds
    4,924sqft
    Single Family Residence
    Built in 2024
    1.74 Acres Lot
    $2,567,200 Zestimate®
    $528/sqft
    $-- Estimated rent

    Owner options

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    $14,325/mo

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    $14,325/mo

    Est. payment

    What's special

    This spectacular opportunity is perched nearly 2,000 feet above Gatlinburg with panoramic views that sweep across the Smoky Mountains, this newly listed modern mountain-top retreat offers both an opulent escape and a rare investment opportunity. With over $350,000 already booked revenue in 2025 and over $100,000 already booked in 2026, for a total of over $450,000 with zero advertising spent to date. All future booking proceeds after closing go directly to the buyer. From an investment perspective, this property is a proven performer. Both properties are fully furnished and equipped down to the décor and event supplies, ensuring immediate income generation. Situated on 1.74 private acres along a quiet ridge-line, this exceptional property includes two turnkey cabins and a bespoke micro-event platform, thoughtfully designed for intimate weddings, corporate retreats, wellness gatherings, or exclusive vacation rentals. The larger cabin (3,100 sq. ft., built in 2024) features 3 bedrooms plus a loft, 3.5 bathrooms, 1,440 sq. ft. of deck space, and accommodations for up to 12 guests. The second cabin (1,824 sq. ft., originally built in 1977 and fully renovated in 2024) offers 2 bedrooms, 2.5 bathrooms, 500 sq. ft. of deck space, and sleeps 8. Both showcase high-end finishes, fully stocked kitchens, luxurious bathrooms with rainfall showers and lighted mirrors, and expansive indoor-outdoor living spaces designed to capture the stunning mountain vistas. The 1,100 sq. ft. event platform with 250 sq. ft. of storage opens endless revenue possibilities—micro-weddings, yoga retreats, small business gatherings—all enhanced by the unmatched privacy and scenery. Outdoor amenities include two hot tubs, multiple fireplaces, an outdoor bar, picnic areas, an outdoor shower, arcade games, swings, and a telescope for stargazing. Located just 10 minutes to Downtown Gatlinburg, 12 minutes to Pigeon Forge, and 20 minutes to Dollywood, guests enjoy quick access to world-class attractions while returning to a secluded mountain haven at day's end. The private road location ensures peace and exclusivity, making it as appealing for personal use as it is for rental income. This is not just a property—it is a turnkey luxury lifestyle business with multiple revenue streams, minimal marketing required, and the kind of views that command premium nightly rates. Whether you're seeking a high-performing short-term rental portfolio, a luxury second home, or an intimate event destination, this offering represents a once-in-a-lifetime find in the Smokies. (3D Tour of 738Smokerise is available upon request along with financials!)

    Zillow last checked: 8 hours ago

    Listing updated: November 06, 2025 at 12:05pm

    Listed by:

    April L Blankinship,

    Wallace

    Bought with:

    April L Blankinship, 353579

    Wallace

    Source: East Tennessee Realtors,MLS#: 1311659MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Heating
    • Central, Propane, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Cathedral Ceiling(s), Kitchen Island, Eat-in Kitchen, Bonus Room
    • Flooring: Vinyl, Tile
    • Windows: Insulated Windows, Drapes
    • Basement: Crawl Space
    • Number of fireplaces: 2
    • Fireplace features: Electric, Stone, Gas Log
    Interior area
    • Total structure area: 4,924
    • Total interior livable area: 4,924 sqft

    Property

    Parking
    • Parking features: Off Street, Main Level
    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Mountain(s), Country Setting, Trees/Woods, City
    Lot
    • Size: 1.74 Acres
    • Features: Private, Wooded, Irregular Lot
    Details
    • Additional structures: Gazebo
    • Parcel number: 116E A 016.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Frame, Other
    Condition
    • Year built: 2024

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Gatlinburg
    • Subdivision: Smokerise Mtn Comm

    HOA & financial

    HOA
    • Has HOA: No