#306151, Listing Office: Century 21 MVP
1115/1131 Old Cartertown Rd Gatlinburg, TN 37738
Property details
About 1115/1131 Old Cartertown Rd
Bourbon Hollow Estate - Dual Cabin STR Retreat on 2.09 Private Acres | Gatlinburg, TN Gatlinburg, TN | 2 Homes | 4 Bedrooms + 2 bonus rooms (use as bedrooms) | 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.
Highlights
Summary
- Full Bathrooms: 4
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Other
- Basement: Yes
- Flooring Type: Other, Laminate, Hardwood, Tile
- Interior: Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Eat-in Kitchen
- Fireplace: Electric, Gas Log
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: Main Level, Common, Other
- Waterfront: Other
- View: Trees/Woods, Mountain(s)
- Exterior: Gas Grill, Prof Landscaped, Balcony
- Architectural Style: Other, Cottage, Cabin, Log, Chalet
- Heating: Central, Heat Pump, Propane, Electric
- Cooling: Central Air, Ceiling Fan(s), Zoned
- List Price: $1,994,995
- Price/SqFt: $398
- Lot: Other, Private, Wooded, Corner Lot, Irregular Lot, Rolling/Hilly
- 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.
- Year Built: 1968
- Living Area: 5,012 SqFt
- Lot Size: 2.09 Acres
- MLS Number: 1300338
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Weichert REALTORS- Tiger Real Estate
- Office Phone: (865) 940-1430
- Office Email: tony@asktonythomas.com
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$1,994,995
1115/1131 Old Cartertown Rd
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Price information
Property sales
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Tax history
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Nearby schools
4
Pi Beta Phi Elementary School
Public District PK-6
1.6 mi
•125 Cherokee Orchard Rd
5
Pittman Center Elementary School
Public District PK-6
4.8 mi
•2455 E Parkway
5
Catons Chapel Elementary School
Public District PK-6
5.5 mi
•3135 Catons Chapel Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,006. The most common annual income of people living in Gatlinburg, TN is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1115/1131 Old Cartertown Rd
The listing price of 1115/1131 Old Cartertown Rd property is $1,994,995.
The property 1115/1131 Old Cartertown Rd is a house located in Gatlinburg, Tennessee, 37738.
Active Listing: 1115/1131 Old Cartertown Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1115/1131 Old Cartertown Rd are: Pi Beta Phi Elementary School (GreatSchools Rating 4/10), Pittman Center Elementary School (GreatSchools Rating 5/10), Catons Chapel Elementary School (GreatSchools Rating 5/10), Gatlinburg Pittman Junior High School (GreatSchools Rating 6/10), Pigeon Forge Junior High School (GreatSchools Rating 4/10), Pigeon Forge Intermediate School (GreatSchools Rating 4/10), Gatlinburg Pittman High School (GreatSchools Rating 7/10), Pigeon Forge High School (GreatSchools Rating 5/10), Sevier County High School (GreatSchools Rating 5/10).
The property at 1115/1131 Old Cartertown Rd has 4 bedrooms and 4 bathrooms.
The property 1115/1131 Old Cartertown Rd is 5,012 SqFt (source: MLS/tax record).
The year of construction for 1115/1131 Old Cartertown Rd is 1968.
This home is located at 1115/1131 Old Cartertown Rd in Gatlinburg, TN and zip code 37738. This 5,012 square foot home, which was built in 1968, sits on a 2.09 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $1,994,995.
Over 2 listings were sold over their listed price in April 2025 in Gatlinburg, TN. In the same period over 15 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Gatlinburg, TN increased by 17% between March and April 2025. Listings spent 81 days on the market in April 2025, and had a median list price of $664,500 during the same period.