
738 & 742 Smokerise Dr Gatlinburg, TN 37738
Estimated payment $17,525/month
Highlights
- Popular Property
- Spa
- 1.74 Acre Lot
- Gatlinburg Pittman High School Rated A-
- City View
- Deck
About This Home
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 decor 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!)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,064
Year Built
- Built in 2024
Lot Details
- 1.74 Acre Lot
- Private Lot
- Irregular Lot
- Wooded Lot
Property Views
- City
- Woods
- Mountain
- Countryside Views
- Forest
- Seasonal
Home Design
- Contemporary Architecture
- Frame Construction
- Wood Siding
Interior Spaces
- 4,924 Sq Ft Home
- Wired For Data
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Log Fireplace
- Stone Fireplace
- Electric Fireplace
- Insulated Windows
- Drapes & Rods
- Great Room
- Open Floorplan
- Recreation Room
- Bonus Room
- Storage Room
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Parking Available
- Off-Street Parking
Outdoor Features
- Spa
- Balcony
- Deck
- Covered Patio or Porch
- Gazebo
Schools
- Pi Beta Phi Elementary And Middle School
- Gatlinburg Pittman High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Propane
- Well
- Septic Tank
- Internet Available
Community Details
- No Home Owners Association
- Smokerise Mtn Comm Subdivision
Listing and Financial Details
- Assessor Parcel Number 116E A 016.00
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/17/2025 08/17/25 | For Sale | $3,200,000 | -- | $650 / Sq Ft |
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