139 Water Tower Rd, Gatlinburg, TN 37738

$1,480,000
Property Type: Single Family Bedrooms: 4 Square Footage: 3,432 Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $1,480,000 List Date: 2/24/2026 Last Modified: 3/09/2026

Overview

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 $97,000 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 16 ft 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

Listing Details MLS# 1326510

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

Contract Info

Auction Y/N
No
Listing Price
1480000
Occupancy
Either

General Property Description

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

Status Change Info

Status Change Date
2026-02-24

Location, Tax & Legal Info

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

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 $97,000 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 16 ft 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

Atchd/Dtchd Type

Detached
Yes

Style

Cabin
Yes
Chalet
Yes
Contemporary
Yes

Construction

Frame
Yes

Fireplace

Electric
Yes

Cooling

Central Cooling
Yes

Floors

Luxury Vinyl Plank
Yes

Garage/Parking

Designated Parking
Yes
Main Level
Yes

Basement

Finished
Yes
Walkout
Yes

Lot Description

Level
Yes

Fuel

Electric
Yes

View

Mountain View
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Exterior Features

Deck
Yes
Pool - Swim(Abv Grd)
Yes

Misc Features

Hot Tub
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Cash
Yes
Conventional
Yes

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
Office Phone: 865-968-7473
Last Updated: March - 09 - 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.
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