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For sale
    • Price cut: $1K (6/23)
    $2,688,000

    124 Roaring Fork Rd, Gatlinburg, TN 37738

    11beds
    11baths
    3,934sqft
    : 
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    Multi Family
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $683/sqft
    $-- HOA

    What's special

    King and queen suites
    Prime income-producing property in the heart of Gatlinburg! This portfolio includes 11 studio cottages on over 1 acre that generated more than $335k in gross revenue last year. Features include: - 11 furnished units - Cottages 1 & 2 include kitchenette area - Cottages 3-8 have space to build out kitchenette areas - King & Queen suites - AT&T Fiber internet - Smart TV's - No HOA - Incredible location - Easy drive in/out - Great guest reviews - Potential to add/rebuild units that were lost in the 2016 fires (subject to City of Gatlinburg requirements) Conveniently located to all the top attractions including GSMNP, Roaring Fork Motor Trail, Dollywood, Ripley's Aquarium, Ober Mountain, Anakeesta, The Island in Pigeon Forge, Gatlinburg SkyPark, Forbidden Caverns, Foxfire Mountain Adventure Park, Titanic Museum Attraction, Tanger Outlets shopping and so much more. Please see Associated Docs for Airbnb links, gross rental numbers, avg utilities, disclosures, etc.
    79 days
    |
    298
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Holly Roach 865-680-9953,

    Real Broker 844-591-7325

    Source: East Tennessee Realtors,MLS#: 1335553MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 11
      Heating
      • Other, Electric
      Cooling
      • Other, Wall Unit(s)
      Appliances
      • Included: Microwave, Refrigerator, Other
      Features
      • Flooring: Tile
      • Windows: Drapes
      Interior area
      • Total structure area: 3,934
      • Total interior livable area: 3,934 sqft

      Property

      Parking
      • Parking features: Off Street, On Premise Parking
      Lot
      • Size: 1.12 Acres
      • Dimensions: 255 x 198 IRR
      Details
      • Additional structures: Shed(s)
      • Parcel number: 126L D 01000 000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      Condition
      • Year built: 1954

      Community & HOA

      Location
      • Region: Gatlinburg

      Financial & listing details

      • Price per square foot: $683/sqft
      • Tax assessed value: $666,700
      • Annual tax amount: $4,282
      • Date on market: 4/6/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/23/2026Price change$2,688,0000%$683/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        6/15/2026Price change$2,689,0000%$684/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        6/8/2026Price change$2,690,0000%$684/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        6/1/2026Price change$2,691,0000%$684/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        5/25/2026Price change$2,692,0000%$684/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        5/18/2026Price change$2,693,0000%$685/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        5/11/2026Price change$2,694,0000%$685/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        5/4/2026Price change$2,695,0000%$685/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        4/27/2026Price change$2,696,0000%$685/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        4/22/2026Price change$2,697,0000%$686/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        4/13/2026Price change$2,698,0000%$686/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        4/6/2026Listed for sale$2,699,000+169.9%$686/sqft
        Source: East Tennessee Realtors #1335553 Report a problem
        4/28/2016Sold$1,000,000$254/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,282 $266,680
        2024$4,282 $266,680
        2023$4,282 $266,680
        2022$4,282 $266,680
        2021-- $266,680 +22.5%
        2020$4,395 +8.6%$217,640
        2019$4,048 -10.4%$217,640 -2.7%
        2018$4,518 +0%$223,760
        2017$4,518 -33.6%$223,760 -33.6%
        2016$6,807 $337,120 +7.6%
        2015-- $313,240 +0%
        2014$5,604 $313,219

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 37738

          Getting around

          47 / 100
          Car-Dependent
          18 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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