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  • $1,450,000

    139 Water Tower Rd, Gatlinburg, TN 37738

    4beds
    3,432sqft
    Single Family Residence, Residential
    Built in 2023
    0.31 Acres Lot
    $1,444,600 Zestimate®
    $422/sqft
    $6,157 Estimated rent

    Home value

    $1,444,600

    $1.33M - $1.57M

    $6,157/mo

    Zestimate® history
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    What's special

    Tucked just one mile from downtown Gatlinburg and only two miles from the entrance to Great Smoky Mountains National Park, this 2023-built cabin has the location, layout, and guest appeal investors look for in a high-performing short-term rental. With easy access and no steep roads, parking for 6 or more vehicles, walkability to downtown, mountain and downtown views, and strong rental history, this property is designed to stand out. Across three levels, there is room for everyone to relax, play, and reconnect. The main level features an open living, dining, and kitchen space that naturally brings guests together, with a fully stocked kitchen, dining for 8, fireplace, and direct access to outdoor dining on the deck. Each bedroom has its own en-suite bathroom, including two upper-level king master suites with soaking tubs, oversized walk-in showers, and private deck access, plus two queen bedrooms on the main level. The lower level adds the kind of amenities guests remember: a large game room, movie theater, triple bunks for extra sleeping space, a 16-foot by 8-foot swim spa heated year-round, separate hot tub, putting green, fire pit, and large decks on every level. Guest reviews highlight the peaceful feel, beautiful views, family-friendly layout, nearby restaurants and attractions, and easy access to outdoor charm. Self-managed by a Short Term Shop trained seller, the cabin produced $207,299 in income in 2024 and $192,759 in 2025. With newer construction, walkability to Gatlinburg, no steep roads, ample parking, en-suite bedrooms, and a strong amenity package, this is the kind of Smoky Mountain STR that blends emotional guest appeal with proven income potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeana Maddux 888-519-5113,

    eXp Realty

    Bought with:

    Wayde Hall, 378360

    eXp Realty

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3300015MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Kitchen
    • Features: Eat-in Kitchen
    • Level: Eat-in Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    Features
    • Walk-In Closet(s), High Speed Internet
    • Flooring: Luxury Vinyl
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Electric
    Interior area
    • Total structure area: 3,432
    • Total interior livable area: 3,432 sqft

    Property

    Parking
    • Parking features: Concrete, Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Patio, Covered, Deck
    • Exterior features: Dock
    Lot
    • Size: 0.31 Acres
    • Dimensions: 240.1 x 188.5 IRR
    • Features: Sloped, Views
    • Topography: Sloped,Views
    Details
    • Parcel number: 126E D 02100 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available

    Community & HOA

    Community
    • Subdivision: Other
    HOA
    • Has HOA: No
    Location
    • Region: Gatlinburg

    Financial & listing details

    • Price per square foot: $422/sqft
    • Annual tax amount: $4,330
    • Date on market: 5/17/2026

    Price history

    DateEventPrice
    7/2/2026Sold$1,450,000-3.3%$422/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3300015 Report a problem
    5/18/2026Pending sale$1,500,000$437/sqft
    Source: GSMAR, GSMMLS #311856 Report a problem
    5/17/2026Listed for sale$1,500,000+3.4%$437/sqft
    Source: GSMAR, GSMMLS #311856 Report a problem
    5/16/2026Listing removed$1,450,000$422/sqft
    Source: East Tennessee Realtors #1326510 Report a problem
    3/25/2026Price change$1,450,000-2%$422/sqft
    Source: East Tennessee Realtors #1326510 Report a problem
    3/9/2026Price change$1,480,000-0.7%$431/sqft
    Source: GSMAR, GSMMLS #309728 Report a problem
    2/24/2026Listed for sale$1,490,000$434/sqft
    Source: East Tennessee Realtors #1326510 Report a problem
    2/14/2026Pending sale$1,490,000$434/sqft
    Source: East Tennessee Realtors #1326510 Report a problem
    1/15/2026Listed for sale$1,490,000+24.2%$434/sqft
    Source: East Tennessee Realtors #1326510 Report a problem
    3/29/2024Listing removed--
    Source: East Tennessee Realtors #1197602 Report a problem
    2/28/2023Pending sale$1,199,900$350/sqft
    Source: GSMAR, GSMMLS #254726 Report a problem
    2/9/2023Price change$1,199,900-2.4%$350/sqft
    Source: GSMAR, GSMMLS #254726 Report a problem
    1/27/2023Price change$1,229,900-1.6%$358/sqft
    Source: GSMAR, GSMMLS #254726 Report a problem
    12/17/2022Price change$1,249,900-2%$364/sqft
    Source: GSMAR, GSMMLS #254726 Report a problem
    11/29/2022Price change$1,274,900-1.9%$371/sqft
    Source: GSMAR, GSMMLS #254726 Report a problem
    11/10/2022Listed for sale$1,299,9000%$379/sqft
    Source: GSMAR, GSMMLS #254726 Report a problem
    11/6/2022Listing removed$1,300,000$379/sqft
    Source: East Tennessee Realtors #1197602 Report a problem
    10/16/2022Price change$1,300,000-13.3%$379/sqft
    Source: East Tennessee Realtors #1197602 Report a problem
    7/1/2022Listed for sale$1,499,000+3512%$437/sqft
    Source: East Tennessee Realtors #1197602 Report a problem
    1/12/2019Sold$41,500-29.7%$12/sqft
    Source: Agent Provided Report a problem
    9/16/2018Pending sale$59,000$17/sqft
    Source: PRIME MOUNTAIN PROPERTIES #217500 Report a problem
    7/18/2018Price change$59,000-9.2%$17/sqft
    Source: PRIME MOUNTAIN PROPERTIES #217500 Report a problem
    4/9/2018Price change$65,000+10.2%$19/sqft
    Source: CENTURY 21 Four Seasons Realty #215464 Report a problem
    12/28/2017Price change$59,000-40.4%$17/sqft
    Source: Kings of Real Estate, LLC #1025847 Report a problem
    4/18/2017Listed for sale$99,000$29/sqft
    Source: Century 21 Four Seasons Cv #209243 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37738

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,444,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,444,600