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1115/1131 Old Cartertown Rd

Gatlinburg, TN 37738

4 beds
4 baths
5,012 sqft
~2 acre lot
$398 per sqft
1968 build
– on site

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.

Listing courtesy of KAARMLS / Weichert REALTORS- Tiger Real Estate

Last checked: Checking… • Last updated May 8, 2025 •

MLS# 1300338 —

The Building

Year Built:

1968
New Construction:

No
Construction Materials:

Other, Block
Architectural Style:

Other, Cottage, Cabin, Log, Chalet
Direction Faces:

None
Roof:

None
Stories:

None
Stories Total:

None
Basement:

Crawl Space
Basement:

true
Exterior Features:

Gas Grill, Prof Landscaped, Balcony
Patio And Porch Features:

Porch - Enclosed, Patio, Deck
Security Features:

Security Alarm, Smoke Detector
Accessibility Features:

None
Building Area Total:

5012.0

Interior

Interior Features:

Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Eat-in Kitchen
Levels:

None
Flooring:

Other, Laminate, Hardwood, Tile
Fireplace:

true
Fireplaces Total:

4
Fireplace Features:

Electric, Gas Log
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Financial & Terms

Possession:

None
Lease Term:

None
Tenant Pays:

None

Location

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.

The Property

Parcel Number:

117 037.00
Property Type:

Single Family
Property Subtype:

Single Family Residence
Lot Features:

Other, Private, Wooded, Corner Lot, Irregular Lot, Rolling Slope
Lot Size Area:

2.09
Lot Size Acres:

2.09
Lot Size SqFt:

91040.4
Lot Size Units:

Acres
Lot Size Source:

Owner
Zoning:

None
Zoning Description:

None
Current Use:

None
Possible Use:

None
Topography:

None
Fencing:

Fenced - Yard, Fence - Wood
Waterfront:

No
Water Body Name:

None
Road Frontage Type:

None
Other Structures:

Storage, Gazebo
Property Attached:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

4866.56

Beds

Bedrooms Total:

4

Baths

Total Baths:

4.0
Total Baths:

4
Three Quarter Baths:

None
Full Baths:

4
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None

Heating & Cooling

Heating:

Central, Heat Pump, Propane, Electric
Heating:

true
Cooling:

Central Cooling, Ceiling Fan(s), Zoned
Cooling:

true

Utilities

Electric:

None
Sewer:

Septic Tank
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Other
Microwave:

true
Dishwasher:

true
Refrigerator:

true

Schools

Elementary School:

Pi Beta Phi
Elementary School District:

None
Middle Or Junior School District:

None
High School:

Gatlinburg Pittman

The Community

Park Name:

None
Senior Community:

No
Pool Private:

No
Pool Features:

Pool - Swim(Abv Grd)
Spa Features:

None
View:

Wooded, Seasonal Mountain
Pets Allowed:

None
Association:

No

Parking

Attached Garage:

false
Carport Spaces:

3.0
Parking Features:

Main Level, Common, Other
Parking Total:

None

Monthly cost estimate

Asking price

$1,995,000

Expense	Monthly cost
Mortgage	$10,682
Taxes	$405
Insurance	$548
Utilities	$248 See report
Total	$11,883/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/8/25 May 8, 2025	Listed / Active	KAARMLS	$1,995,000

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This house located in Gatlinburg, TN 37738 is currently for sale for $1,995,000. 1115/1131 Old Cartertown Rd is a 5,012 square foot house with 4 beds and 4 baths that has been on Estately for 1 days.

Listing Courtesy of: KAARMLS and Weichert REALTORS- Tiger Real Estate.

The information is being provided by Multiple Listing Service of the Knoxville Area Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 2025 Multiple Listing Service of the Knoxville Area Association of REALTORS. All Rights Reserved.