Price Reduction
Address
514 Butler Branch Road, Gatlinburg, TN
Price
$ 445,000
Property Attributes
  • MLS#3333857
  • TypeSingle Family
  • Listing Status Active
  • CountySEVIER
  • CityGatlinburg
  • NeighborhoodCobbly Nob
  • Zip37738
  • StyleCottage
  • Year Built1987
  • Taxes$ 1164
  • Price$ 445,000
  • Bedrooms1
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1600
  • Lot Size1.33 Acres
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

PROVEN SMOKY MOUNTAIN STR OPPORTUNITY! This private creekside cottage offers a rare combination of proven income, active STR permit, Top 1% Airbnb ranking and a 4.99-star rating! Producing $30K YTD in 2026, with October-December still available for additional booking potential. There is also opportunity to increase ADR and maximize revenue. Set on 2 private lots totaling just under 1.5 acres, the property features usable flat land, 2 year-round creeks and a natural spring, creating an exceptional setting for outdoor amenities. Guests enjoy a covered hot tub, gazebo, fire pit, creekside BBQ area, covered deck and multiple bridges. The charming 2BR/2BA cottage includes a remodeled kitchen, new appliances, limestone fireplace, media room, laundry, generous storage and a newly created Zen Den wellness space with infrared sauna and yoga station. Detached storage with electric could offer future game/theater potential, subject to approval. Resort amenities include 24-hour security, 3 pools, pickleball, basketball and winter road maintenance. Minutes to Downtown Gatlinburg, multiple Great Smoky Mountains National Park entrances, Dollywood, Little Pigeon River and the Blue Ridge Parkway. Turnkey STR + proven performance + active permit + premium creekside amenities + substantial acreage + upside potential = a compelling Smoky Mountain investment! Showings subject to booking availability.

Price History
8/5/2026 Listed $499,900
8/10/2026 3$489,900
8/14/2026 3$479,900
8/21/2026 3$470,000
8/26/2026 1$467,000
9/5/2026 1$465,000
9/9/2026 4$450,000
9/21/2026 2$445,000

General Features

Living Area 1600
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Dryer,Electric Range,Microwave,Refrigerator,Oven,Washer
HOA Fee 1900
Garage Spaces 1
Patio/Porch Features Patio,Covered
Architectural Style Cottage
Security Features Smoke Detector(s)
Construction Materials Block,Stone
Year Built 1987
Stories Count 2
Topography Cleared,Level,Private,Wooded
Levels Three Or More
Assoc Fee Paid Per Annually
County Sevier County,TN
New Construction No
Property Type Residential
Association Amenities Clubhouse,Pool,Tennis Court(s)
Attached Garage No
Subdivision Name Cobbly Nob
Garage Y/N Yes
Full Baths 2
Status Active
Buyer Financing Other,Conventional
Directions 321 to Butler Branch Road. Follow past Piccadilly Lane and 514 is on the right with horse head posts and a stone wall. Directly across the street from Sunshine Trail.
City Gatlinburg
Senior Community Y/N No
Lot Size Units Acres
Year Built Details Renovated
Tax Annual Amount 1164
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s),High Speed Internet
Basement Finished,Walk-Out Access
Flooring Luxury Vinyl
Total Fireplaces 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 1
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Agent Measured
Below Grade Finished Area Source Agent Measured
Above Grade Finished Area Source Agent Measured
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Parking Features Concrete,Driveway
Lot Features Cleared,Level,Private,Wooded
Water Source Public
Total Parking 1
Lot Size Area 1.33
Building Area Total 1600
Lot Size Acres 1.33
Lot Size Source Agent Calculated
Waterfront Y/N No
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37738

Price
AVG $920K
$450K
Taxes
AVG $2,620
$1,164
Year Built
AVG 2003
1987
Visits
AVG 22
14
Data Provided by Inside Real Estate®

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