Sold
Last Sold Price
4 beds3,432 sqft
139 Water Tower Rd, Gatlinburg, TN 37738
Single FamilyProperty Type
0.31 acresLot Size
2023Year Built
$422/sq ftPrice per sq ft

Description

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,...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.
  • Listed by: Jeana Maddux 888.519.5113 • eXp Realty
Listing closed: 07/02/2026 01:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 3300015

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of eXp Realty, Jeana Maddux (888.519.5113)

Sold By eXp Realty, Wayde Hall (865.455.5949)

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$8,102 per month

30 year fixed, 7.03% Interest

Principal and Interest

$7,741

Property Taxes

$361

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 139 Water Tower Road

Property Details
  • Taxes: $4,330 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Cabin
  • Subdivision Name: Other
  • Waterfront: No
Building Information
  • Stories: 3
  • Year Built: 2023
  • Lot Size: 0.31 AC / 13,503 SF
Summary
Location and General Information
  • Directions: 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.
  • Levels: Three Or More
  • Living Area Source: Agent Measured
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
  • Topography: Sloped,Views
Parking
  • Parking Features: Concrete, Driveway
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
  • Tax Lot: 0
Property
Building Information
  • Above Grade Finished Area Source: Agent Measured
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Agent Measured
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Agent Measured
  • Building Area Units: Square Feet
  • Flooring: Luxury Vinyl
Lot Information
  • Lot Features: Sloped, Views
  • Lot Size Source: Agent Calculated
  • Lot Size Units: Acres
  • Parcel Number: 126E D 02100 000
  • Lot Size Area: 0.31
Property and Assessments
  • Construction Materials: Frame
  • Documents Count: 6
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: No
  • Senior Community: No
  • Stories: 3
Utilities
  • Basement: None
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Features: Electric
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Interior Features: Walk-In Closet(s), High Speed Internet
Exterior Features
  • Attached Garage: No
  • Exterior Features: Dock
  • Patio And Porch Features: Patio, Covered, Deck
  • Pool Private: No
  • Roof: Shingle
  • View YN: No
Room Information
Room 1
  • Room Features: Eat-in Kitchen
  • Room Type: Kitchen

Property History for 139 Water Tower Road

DateEvent & SourcePriceAppreciation
Jul 2, 2026

Closed

REALTRACS #3300015

$1,450,000—
May 17, 2026

Contract - Not Showing

REALTRACS #3300015

—
May 15, 2026

Expired

REALTRACS #3279394

$1,450,000—
DateEvent & SourcePrice
07/02/2026

Closed

REALTRACS #3300015

$1,450,000
05/17/2026

Contract - Not Showing

REALTRACS #3300015

—
05/15/2026

Expired

REALTRACS #3279394

$1,450,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 139 Water Tower Road

This home is within Sevier County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 9
Public - 10 to 12
Public - PK to 6
Rating
School
Distance
Pi Beta Phi Elementary School
PublicPK to 6

Gatlinburg Pittman Junior High
Public7 to 9

Gatlinburg Pittman High School
Public10 to 12

Pittman Center Elementary
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, Jeana Maddux (888.519.5113)

Based on information submitted to the MLS GRID as of 09/10/2026 10:19 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.