Jennavie Basora

402 Laurel Ave

Gatlinburg, TN
$ 4,500,000 Beds 5 Baths 6 Sq 4,239
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 4,500,000
  • City
  • Gatlinburg
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • SEVIER
  • Half Bathrooms
  • 2
  • Area
  • Lot Size
  • 0.95 Acres
  • Zip
  • 37738
  • Sqr Footage
  • 4,239
  • Year Built
  • 2007
  • Taxes
  • $ 5998
  • Style
  • Cabin
  • MLS#
  • 3516273
Listed By: R&R Realty Company;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 4239
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s),Central Air
Utilities Water Available
Possession Close Of Escrow
Appliances Electric Oven,Dishwasher,Dryer,Microwave,Refrigerator,Washer
Patio/Porch Features Deck,Covered,Patio
Architectural Style Cabin
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Frame,Stone,Wood Siding
Year Built 2007
View Mountain(s),Trees/Woods
Stories Count 3
Topography Hilly,Rolling Slope,Views,Wooded
Levels Three Or More
Property Subtype Single Family Residence
County Sevier County,TN
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Smokey Heights
Garage Y/N No
Full Baths 5
Status Active
Buyer Financing Conventional,FHA,VA
Directions GPS friendly: 441 Parkway: onto Hemlock St: Then Hill St.: Then Laurel Ave: Sign on property
City Gatlinburg
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 5998
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s),High Ceilings,Hot Tub,Pantry,Walk-In Closet(s)
Basement None
Flooring Wood,Tile
Total Fireplaces 1
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 4239
Half Baths 2
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 5
Main Level Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Owner
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
Total Baths 7

Exterior Features

Exterior Amenities Balcony,Gas Grill,Smart Lock(s)
Lot Features Hilly,Rolling Slope,Views,Wooded
Water Source Public
Lot Size Area 0.95
Building Area Total 4239
Lot Dimensions 260 X 175 IRR
Lot Size Acres 0.95
Lot Size Source Calculated from Plat
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lewisburg, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/19/2026 Listed $4,500,000

Property vs Zip Code Average in 37738

Price
AVG $880K
$4.5M
Taxes
AVG $2,402
$5,998
Year Built
AVG 2003
2007
Visits
AVG 7
7
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

402 Laurel Ave Gatlinburg, TN is a Single Family Home for sale at $4500000 with 4239 sqft and a lot size of 0.95 Acres Acre(s). 402 Laurel Ave Gatlinburg has 5 bedrooms, 5 baths and was built in 2007. The property's zip code is 37738 which is in Gatlinburg, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Jennavie Basora

Jennavie Basora

Affiliate Broker

931-212-8482

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