738 & 742 Smokerise Drive Gatlinburg, TN 37738
Listing Courtesy of: East Tennessee Realtors / Wallace Farragut Office / April Blankinship

  738 & 742 Smokerise Drive Gatlinburg, TN 37738

Active (1 Days)
$3,200,000
5
BED
7
BATH
4,924
SQFT

Description

With over $350,000 in revenue in 2025 and over $100,000 already booked in 2026, 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. Situated on 1.75 private acres along a quiet ridge-line, this exceptional property includes two fully furnished, 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, arcade games, swings, and a telescope for stargazing.

From an investment perspective, this property is a proven performer:

Over $450,000 in booked Airbnb revenue already secured across 2025 and 2026, with zero advertising spend to date.

All future booking proceeds after closing go directly to the buyer.

Fully furnished and equipped, down to the décor and event supplies, ensuring immediate income generation.

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!)

MLS #:
1311659
Taxes
$1,064
Lot Size
1.74 acres
Type
Single-Family Home
Year Built
2024
Style
Contemporary
Views
Mountain View, Country Setting, Wooded, Seasonal Mountain, City
County
Sevier County

Listed By

April Blankinship, Wallace Farragut Office
Source
East Tennessee Realtors
Last checked Aug 18 2025 at 9:14 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
  • Half Bathrooms: 2
Interior Features
  • Interior Features : Cathedral Ceiling(s)
  • Interior Features : Kitchen Island
  • Interior Features : Eat-In Kitchen
  • Appliances : Dishwasher
  • Appliances : Dryer
  • Appliances : Microwave
  • Appliances : Range
  • Appliances : Refrigerator
  • Appliances : Self Cleaning Oven
  • Appliances : Washer
  • Windows : Windows - Insulated
  • Windows : Drapes
Subdivision
  • Smokerise Mtn Comm
Lot Information
  • Private
  • Wooded
  • Irregular Lot
Property Features
  • Fireplace: Electric
  • Fireplace: Stone
  • Fireplace: Gas Log
Heating and Cooling
  • Central
  • Propane
  • Electric
  • Central Cooling
  • Ceiling Fan(s)
Basement Information
  • Crawl Space
Flooring
  • Vinyl
  • Tile
Exterior Features
  • Roof: Road/Road Frontage :
Utility Information
  • Sewer: Septic Tank
School Information
  • Elementary School: Pi Beta Phi
  • Middle School: Pi Beta Phi
  • High School: Gatlinburg Pittman
Garage
  • Main Level
Parking
  • Off-Street Parking
  • Main Level
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2025 East Tennessee Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 8/18/25 14:14