#305771, Listing Office: Century 21 MVP
229 Rodeo Dr Gatlinburg, TN 37738
Property details
About 229 Rodeo Dr
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 in Theater Room closet do not convey.
Highlights
(Under Contract - Showing)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Double Oven, Electric Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Wood, Laminate, Tile
- Interior: Ceiling Fan(s), Walk-In Closet(s), Primary Bedroom Main Floor
- Total Bedroom Count: 4
- Attached Garage: No
- Private Pool: No
- Parking: Attached
- View: Mountain(s)
- Exterior: Gas Grill
- Heating: Central, Electric, Heat Pump, Zoned
- Cooling: Central Air, Electric
- List Price: $1,350,000
- Price/SqFt: $374
- HOA Amount: $113
- HOA Frequency: Annually
- Annual Tax Amount: $1,657
- Tax Year: 2023
- Lot: Private, Wooded
- Directions: At light #3 on E. Parkway, turn left onto US-321. Go 11.16 mi, turn left on Butler Branch Rd. Go 0.47 mi, right to stay on Butler Branch. Go 0.18 mi, 2nd left on Rodeo Dr. Go 0.10 mi, 1st left to stay on Rodeo. Go 0.26 mi—229 Rodeo Dr is on the right.
- Year Built: 1988
- Living Area: 3,604 SqFt
- Lot Size: 1.2 Acres
- MLS Number: 2817162
- MLS Name: REALTRAC
- Office Name: simpliHOM
- Listing Agent: Steve Frye
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Last updated on: 5/19/2025, 12:48:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,350,000
229 Rodeo Dr
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 13, 2022 | Home Sold | $850,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $111,975 | $1,657 |
2022 | $111,975 | $1,657 |
2021 | $111,975 | $1,657 |
2020 | $111,975 | $1,657 |
2019 | $64,150 | $1,193 |
2018 | $64,150 | $1,193 |
2017 | $64,150 | $1,193 |
History based on county public records data.
Nearby schools
5
Pittman Center Elementary School
Public District PK-6
3.9 mi
•2455 E Parkway
5
Catons Chapel Elementary School
Public District PK-6
6.7 mi
•3135 Catons Chapel Rd
4
Pi Beta Phi Elementary School
Public District PK-6
10.1 mi
•125 Cherokee Orchard 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 $44,111. The most common annual income of people living in Gatlinburg, TN is between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 229 Rodeo Dr
The listing price of 229 Rodeo Dr property is $1,350,000.
The property 229 Rodeo Dr is a house located in Gatlinburg, Tennessee, 37738.
Accepting Backup Offers: 229 Rodeo Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 229 Rodeo Dr are: Pittman Center Elementary School (GreatSchools Rating 5/10), Catons Chapel Elementary School (GreatSchools Rating 5/10), Pi Beta Phi Elementary School (GreatSchools Rating 4/10), Jones Cove Elementary School (GreatSchools Rating 5/10), Gatlinburg Pittman Junior High School (GreatSchools Rating 6/10), Smoky Mountain Elementary School (GreatSchools Rating 7/10), Gatlinburg Pittman High School (GreatSchools Rating 7/10), Cosby High School (GreatSchools Rating 4/10), Sevier County High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,657 (source: MLS/based on county public records data).
The last sale was on January 13, 2022 for $850,000 (source: MLS/tax record).
The property at 229 Rodeo Dr has 4 bedrooms and 3 full and 1 half bathrooms.
The property 229 Rodeo Dr is 3,604 SqFt (source: MLS/tax record).
The year of construction for 229 Rodeo Dr is 1988.
This home is located at 229 Rodeo Dr in Gatlinburg, TN and zip code 37738. This 3,604 square foot home, which was built in 1988, sits on a 1.20 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $1,350,000.
While more than 2 listings in Gatlinburg, TN in April 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 15 were sold below. Between March and April 2025, Gatlinburg, TN real estate market has seen increase in the number of listings by 17%. The median list price of listings available in April 2025 was $664,500, while the average time on the real estate market was 81 days.