738 & 742 Smokerise Drive, Gatlinburg, TN 37738 (MLS# 1311659)

738 & 742 Smokerise Drive, Gatlinburg, TN 37738

$2,600,000

Virtual Tour

https://mls.immoviewer.com/portal/tour/3124945?psm.showBottomLine=false&accessKey=685e&psm.showPoweredBy=false&psm.showShare=false

Property Type: Single Family Bedrooms: 5 Square Footage: 4,924 Lot Size (sq. ft.): 75,882 Status: Closed

Current Price: $2,600,000 List Date: 8/17/2025 Last Modified: 11/06/2025

Overview

Description

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!)

Listing Details MLS# 1311659

Location Tax Legal Info

House #: 738 & 742
Street Name: Smokerise
St Suffix: Drive
State/Province: TN
Zip Code: 37738
PIN #: 116E A 016.00
Subdivision: Smokerise Mtn Comm

Contract Info

Auction Y/N: No
Listing Price: 2750000
Occupancy: Either
Gross Amount Year 1: 350000

General Property Description

Type: 2 Story
Lot Size SqFt: 75881.52
Acres: 1.74
Acre Source: Survey
Site Built: Yes
Restrictions: No
SqFt – Total (Aprox): 4924
SqFt – Main Lvl: 2462
SqFt – 2nd Flr Lvl: 2462
# Bedrooms: 5
Baths – Full: 5
Baths – 1/2: 2
# of Rooms: 12
Fireplace: Yes
# Fireplace: 2
Property Status: N/A
HOA: No
HOA Contact: N/A
Year Built: 2024
Bonus Room: Yes
Extra Storage: Yes
HOA Fee: 0
SqFt – Down Lvl: 0
SqFt – 3rd Flr Lvl: 0
Basement: No

Status Change Info

Status Change Date: 2025-11-06
Under Contract Date: 2025-10-01
Sold Date: 2025-11-03

Location, Tax & Legal Info

Area: Sevier County – 27
Property Sub-Type: Residential
Community: Smokerise Mtn Comm
City/County Code: County
Elementary School: Pi Beta Phi
Middle School: Pi Beta Phi
Total Tax: 1063.75
High School: Gatlinburg Pittman

Remarks & Misc

Directions: From the Parkway heading into Pigeon Forge from Gatlinburg, turn right on Beech Branch Rd, Right on Smokerise Dr. and property is on the right!
Public Remarks: 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!)

More Information

Atchd/Dtchd Type

Detached: Yes

Style

Contemporary: Yes

Construction

Frame: Yes

Siding

Wood: Yes
Other: Yes

Fireplace

Gas Log: Yes
Stone: Yes
Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Cooling: Yes

Floors

Tile: Yes
Vinyl: Yes

Garage/Parking

Main Level: Yes
Off-Street Parking: Yes

Basement

Crawl Space: Yes

Lot Description

Irregular Lot: Yes
Private: Yes
Wooded: Yes

Fuel

Electric: Yes
Propane: Yes

View

City: Yes
Country Setting: Yes
Mountain View: Yes
Seasonal Mountain View: Yes
Wooded: Yes

Heat

Central: Yes

Dining Area

Kitchen/Dining Rm Co: Yes
Living Rm/Dining Rm: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Smoke Detector: Yes
Washer: Yes

Other Rooms

2nd Rec Room: Yes
Bedroom Main Level: Yes
Extra Storage: Yes
Great Room: Yes
Laundry/Utility: Yes
Mstr Bdrm Main Level: Yes

Exterior Features

Balcony: Yes
Deck: Yes
Patio: Yes
Porch – Covered: Yes
Windows – Insulated: Yes

Misc Features

Cathedral Ceiling(s): Yes
Drapes: Yes
DSL Available: Yes
Hot Tub: Yes
Internet Available: Yes
Kitchen Island: Yes
Walk-in Shower: Yes
Washer/Dryer Connect: Yes
Whirlpool Tub: Yes
Wired for Internet: Yes

Sewer

Septic Tank: Yes

Water

Well: Yes

Outbuildings

Gazebo: Yes

New Financing

Cash: Yes
Conventional: Yes
Exchange: Yes
New Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Style: Contemporary Construction: Frame Siding: Wood; Other Basement: Crawl Space Lot Description: Irregular Lot; Private; Wooded View: Country Setting; Mountain View; Seasonal Mountain View; Wooded Fireplace: Gas Log; Stone; Electric Floors: Tile; Vinyl Fuel: Electric; Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer Sewer: Septic Tank Water: Well Other Rooms: 2nd Rec Room; Bedroom Main Level; Extra Storage; Great Room; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Cathedral Ceiling(s); Drapes; DSL Available; Hot Tub; Internet Available; Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Whirlpool Tub; Wired for Internet Exterior Features: Balcony; Deck; Patio; Porch – Covered; Windows – Insulated Outbuildings: Gazebo Dining Area: Kitchen/Dining Rm Co; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange; New Loan

Listing Office: Wallace

IDX

Office Phone: 865-966-1111

Last Updated: November – 06 – 2025

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.