Crown And Anchor Can Help You Purchase This Home

Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!

402 Laurel Ave, Gatlinburg, 37738

Priced At: $4,500,000

Property Details for ID: 1345664

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SqFt: 4,239
Price SqFt: $1,062
Total Bedrooms: 5
Full Baths: 5 / Half Baths: 2
MLS Status: Active
Property Type: Residential
On Market Date: 2026-06-23T18:32:08Z
Subdivision: Smokey Heights

Public Remarks: 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Cabin
Type: 3 Story
Site Built: Yes
Year Built: 2007
Total Rooms: 7
SqFt (Total): 4,239
SqFt (Main Lvl): 1,413
SqFt (2nd Flr Lvl): 1,413
SqFt (3rd Flr Lvl): 1,413
Full Baths: 5
1/2 Baths: 2
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space

  Exterior Features

Features: Balcony, Deck, Doors - Energy Star, Porch - Covered, Prof Landscaped, Windows - Vinyl
Construction: Frame
Siding: Cedar, Stone

  Appliances

Dishwasher, Dryer, Gas Grill, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer

  Room Dimensions

  Interior Features

Dining Area: KitchenDining Rm Co, Living RmDining Rm
Floors: Hardwood, Tile
Other Rooms: Extra Storage, Family Room, Great Room, LaundryUtility, Mstr Bdrm Main Level
Misc Features: Drapes, Hot Tub, Internet Available, Pantry, Walk-in Shower, Walk-in Closets, WasherDryer Connect, Wired for Internet

  Property Details

Acreages: 0.01
Lot Description: Irregular Lot
View: City, Mountain View

Utilities

Fuel Types: Electric, Propane

Financing

Finance Options: Cash, Conventional, New Loan

  HOA Information

Restrictions: Yes
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 2
Fireplace Type(s): None
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central

Garage / Parking

Designated Parking, Main Level, Off-Street Parking

  Community Features

Outbuildings

Presented By: / R & R Realty Company

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

GPS friendly 441 Parkway: onto Helmock St: Then Hill St: Then Laurel Ave



Your commute

( Departing today at 8:00am )
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Blair Scott LLC, dba Crown and Anchor Realty is a licensed Tennessee Real Estate Firm. Firm License 259496. Some or all of the Listing Displayed on this Site may not belong to Crown And Anchor Realty. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. This data is believed to be correct, but interested parties should confirm the data before relying on it in a purchase decision.