139 Water Tower Rd, Gatlinburg, TN 37738

New Listing
$1,490,000
Property Type: Single Family Bedrooms: 4 Square Footage: 3,432 Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $1,490,000 List Date: 1/15/2026 Last Modified: 1/15/2026

Description

Proven Performer with six-figure rental history year after year and incredible future bookings already in place. Luxury 4BR/4BA cabin with 2 half baths, all bedrooms featuring en suites, three levels, and stunning views of downtown Gatlinburg. This modern rustic retreat is sold fully furnished and turnkey with exceptional rental performance—2024 income of $207,299, 2025 income of $192,759, and over $85,000 in bookings already secured for 2026. Highlights include an open floor plan, tongue-and-groove walls and ceilings, luxury vinyl plank flooring throughout, electric fireplace, and upscale kitchen with quartz countertops and stainless appliances. Main level offers a queen suite with deck access and a bunk room sleeping six. Upper level features two king suites with spa-style baths and private deck access. Lower level includes a movie theater, game room, and access to covered deck with hot tub, firepit seating, and outdoor swim spa. Easy access right off East Parkway with no steep roads, ample parking, and walkable to downtown Gatlinburg. Ideal short-term rental, vacation home, or second home. Sleeps 12. Check out our Rental Link and reviews: https://www.airbnb.com/rooms/867557912464038531?viralityEntryPoint=1&s=76

More Information MLS# 1326510

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 1490000 Current Price: $1,490,000 Status: Active Listing Date: 2026-01-14

Location, Tax & Legal Info

Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: City Limits Total Tax: 4698.28

General Property Description

Type: 2 Story # Bedrooms: 4 Acres: 0.31 Acre Source: Tax Records # of Rooms: 12 Restrictions: No Site Built: Yes Fireplace: Yes Property Status: N/A SqFt - Main Lvl: 1144 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 1144 SqFt - 3rd Flr Lvl: 1144 # Fireplace: 1 HOA: No Basement: Yes Bonus Room: Yes SqFt - Total (Aprox): 3432 Baths - Full: 4 Baths - 1/2: 2 Year Built: 2022

Remarks & Misc

Directions: From Sevierville, head to Gatlinburg on Parkway (US-321 N / US-441 S / TN-71). Turn LEFT onto Dudley Creek Rd (Ripley's Davy Crockett Mini-Golf will be on the corner). In 1 mile the road name changes to Ridge Rd. In a half mile turn RIGHT onto E Parkway (US-321 S / TN-73). In less than a mile turn RIGHT onto Water Tower Rd. 139 Water Tower Rd will be on your left. Public Remarks: Proven Performer with six-figure rental history year after year and incredible future bookings already in place. Luxury 4BR/4BA cabin with 2 half baths, all bedrooms featuring en suites, three levels, and stunning views of downtown Gatlinburg. This modern rustic retreat is sold fully furnished and turnkey with exceptional rental performance—2024 income of $207,299, 2025 income of $192,759, and over $85,000 in bookings already secured for 2026. Highlights include an open floor plan, tongue-and-groove walls and ceilings, luxury vinyl plank flooring throughout, electric fireplace, and upscale kitchen with quartz countertops and stainless appliances. Main level offers a queen suite with deck access and a bunk room sleeping six. Upper level features two king suites with spa-style baths and private deck access. Lower level includes a movie theater, game room, and access to covered deck with hot tub, firepit seating, and outdoor swim spa. Easy access right off East Parkway with no steep roads, ample parking, and walkable to downtown Gatlinburg. Ideal short-term rental, vacation home, or second home. Sleeps 12. Check out our Rental Link and reviews: https://www.airbnb.com/rooms/867557912464038531?viralityEntryPoint=1&s=76

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1 Chalet: 1 Contemporary: 1

Construction

Frame: 1

Fireplace

Electric: 1

Cooling

Central Cooling: 1

Floors

Luxury Vinyl Plank: 1

Garage/Parking

Designated Parking: 1 Main Level: 1

Basement

Finished: 1 Walkout: 1

Lot Description

Level: 1

Fuel

Electric: 1

View

Mountain View: 1

Heat

Central: 1

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Washer: 1

Exterior Features

Deck: 1 Pool - Swim(Abv Grd): 1

Misc Features

Hot Tub: 1

Sewer

Public Sewer: 1

Water

Public: 1

New Financing

Cash: 1 Conventional: 1

Location Tax Legal Info

House #: 139 Street Name: Water Tower St Suffix: Rd State/Province: TN Zip Code: 37738 PIN #: 126E D 021.00 Subdivision: Jay Real Estate Geo Lat: 35.718528 Geo Lon: -83.502074

Status Change Info

Status Change Date: 2026-01-14

Property Features

Style: Cabin; Chalet; Contemporary Construction: Frame Basement: Finished; Walkout Lot Description: Level View: Mountain View Fireplace: Electric Floors: Luxury Vinyl Plank Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Sewer: Public Sewer Water: Public Misc Features: Hot Tub Exterior Features: Deck; Pool - Swim(Abv Grd) New Financing: Cash; Conventional

Documents

Listing Office: MG Rise Real Estate Group
IDX
Last Updated: January - 15 - 2026
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.