514 Butler Branch Road, Gatlinburg, TN 37738

$467,000
2
BD
2
BA
1,600
SqFt

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List Price
$467,000
Price Change
▼ $3,000 1787787802
Status
ACTIVE
MLS#
313141
Bedrooms
2
Full-baths
2
Sq. Ft
1,600
Acres
1.33
Year Built
1987
Subdivision
Cobbly Nob

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.

Additional Information

Price Per Sqft
$291
Days on Market
23
Annual Tax
1164
Tax Year
2025
Hoa Fee
$1,900
Hoa Freq
Annually
Style
Cabin, Chalet, Cottage
Stories
Two
Interior Features
Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Storage
Exterior Features
Rain Gutters, Storage, Lighting
Amenities
Recreation Facilities, Security, Clubhouse, Pool, Tennis Court(s)
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
Foundation
Slab
Basement
Finished, Walk-Out Access
Roof
Composition
Garage Spaces
1
Garage Type
Concrete, Driveway, Lighted
Fireplace Type
Electric, Wood Burning
Hoa Includes
Security, Roads
Heating
Central
Cooling
Central Air
Sewer
Septic Tank
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC 7720.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .