Gatlinburg Falls Homes with Either Occupancy

Gatlinburg Falls Homes with Either Occupancy

Welcome to Gatlinburg Falls, a captivating subdivision nestled in the heart of Gatlinburg, Tennessee, in picturesque Sevier County. This charming community offers a perfect blend of serenity and adventure, making it an ideal destination for both full-time residents and vacation homeowners.

Gatlinburg Falls is renowned for its stunning natural beauty, surrounded by the majestic Smoky Mountains. Here, residents can wake up to breathtaking views and enjoy the soothing sounds of nature right at their doorstep. The subdivision features a variety of homes designed to cater to diverse lifestyles, whether you’re seeking a cozy cabin retreat or a spacious family home. Each property is thoughtfully crafted with modern amenities, ensuring comfort and convenience for all.

One of the standout features of Gatlinburg Falls is the flexibility of occupancy. Homeowners have the unique opportunity to use their properties as primary residences or as vacation rentals, capitalizing on the area's thriving tourism industry. This dual occupancy option not only enhances the appeal of the homes but also offers a lucrative investment opportunity for those looking to enter the rental market.

With easy access to the Great Smoky Mountains National Park, outdoor enthusiasts will find endless opportunities for hiking, biking, and exploring the stunning landscape. Additionally, the vibrant downtown Gatlinburg is just a short drive away, offering a delightful mix of dining, shopping, and entertainment options.

Discover the charm of Gatlinburg Falls, where mountain living meets modern convenience, and make your dream of owning a home in this idyllic setting a reality!

Newest Gatlinburg Falls Homes with Either Occupancy

$715,000
3 Beds ⋅ 4 Baths ⋅ 313487 MLS ⋅ ACTIVE Status
Four Bedrooms, Three Decks, and Endless Mountain Views! Tucked into Gatlinburg Falls Resort, this authentic log cabin gives you nearly 2,200 square feet of mountain living with four bedrooms and four bathrooms to match. Downtown Gatlinburg, Pigeon Forge, and the National Park are all a short drive away, so the fun starts the moment you arrive. Step out onto any of the three rear deck levels and the Smokies stretch out in front of you. Inside, the main level opens into a great room built for gathering, warmed by a fireplace and flowing into a dining area and a full kitchen finished with granite countertops. The primary bedroom sits on this level too, with its own closet and bathroom. Head upstairs to a roomy recreation space that doubles as a den or extra sleeping quarters, complete with its own balcony and full bath. Downstairs, two more bedrooms each come with a private bathroom and closet, plus a utility room to keep everything running smoothly. The cabin is already part of an active rental program and sits within a resort community with underground utilities that offers a clubhouse and swimming pool. Whether you picture family holidays by the fire or a rental that earns its keep, there is room here to make it yours. Schedule your showing and see it in person!

807 Great Smoky Way, Gatlinburg
$495,000
1 Beds ⋅ 1 Baths ⋅ 312645 MLS ⋅ ACTIVE Status
Located minutes from downtown Gatlinburg, this authentic log cabin offers the perfect combination of mountain charm, thoughtful updates, and an ideal location for a personal getaway or overnight rental with 1 bedroom and flexible floor plan for additional sleeping spaces. Inside, you'll find an open-concept living area highlighted by floor-to-ceiling wood walls, abundant natural light, and an inviting electric fireplace. The spacious kitchen provides ample cabinetry and workspace and is complemented by a custom dining bar, making it ideal for gathering with family and friends. Recent improvements include NEW flooring installed in 2023 and a NEW refrigerator. The private primary suite offers a king bedroom with its own electric fireplace, dedicated workspace, and direct access to a Jack-and-Jill bathroom featuring a walk-in shower with dual shower heads and body sprayers. Additional sleeping accommodations include a bunk area and a sleeper sofa, allowing the cabin to accommodate larger groups with ease. Designed for entertainment, the game room features a pool table, foosball, air hockey, and plenty of space for game nights with guests of all ages. Step outside to enjoy the peaceful mountain setting from the spacious deck overlooking the creek. Relax in the BRAND NEW HOTTUB, unwind in the rocking chairs or porch swing, and take in the tranquil surroundings. Owners and guests also enjoy access to the seasonal community pool. Conveniently located just minutes from downtown Gatlinburg, Pigeon Forge, the Great Smoky Mountains National Park, and the Arts & Crafts Community, this well-maintained cabin combines a desirable location with attractive updates and exceptional mountain appeal.

511 Houser Road, Gatlinburg
$1,899,000
9 Beds ⋅ 9 Baths ⋅ 312418 MLS ⋅ ACTIVE Status
Welcome to your dream Smoky Mountain retreat -- a stunning oversized 9-bedroom luxury cabin designed for unforgettable vacations, large gatherings, and exceptional investment potential. This spectacular property offers the perfect blend of mountain charm and upscale amenities, featuring expansive living spaces, breathtaking entertainment areas, and room for everyone to relax in comfort. Guests will love the incredible game room, private theater room, spacious gathering areas, and relaxing hot tub, all thoughtfully designed to create the ultimate getaway experience. Whether enjoying cozy mountain evenings, family game nights, or movie marathons, this cabin delivers entertainment and relaxation on every level. With nine spacious bedrooms and generous accommodations throughout, this property is ideal for large family vacations, corporate retreats, weddings, or high-performing overnight rental income opportunities. Even more appealing, this property is currently under a minimum gross rental income guarantee of $170,000 annually through 2028. While the guarantee does not transfer, the management company is willing to negotiate a similar guarantee with the new buyer. This provides added confidence and immediate income potential for investors seeking a turnkey short-term rental opportunity. Don't miss the chance to own this exceptional income-producing mountain retreat where luxury, location, and investment opportunity come together perfectly.

789 Mountain Stream Way, Gatlinburg
$459,000
1 Beds ⋅ 2 Baths ⋅ 312270 MLS ⋅ ACTIVE Status
Prime Location STR Cabin - Less Than 1 Mile to the Gatlinburg Parkway! The property generated $56,000 in gross rental income in 2025. As of the listing going live, approximately $30,000 in bookings are already on the books for 2026. Come fully furnished and turn key! Welcome to Lovin' It, a fun-filled 1BR/2BA + Loft cabin located in Hidden Valley Resort, just minutes from the heart of downtown Gatlinburg. Community Pool in the resort. This turn-key short-term rental investment offers an unbeatable location, easy access roads, and strong guest appeal, perfect for investors or buyers looking for a performing short term rental. The cabin comfortably sleeps up to 6 guests and features a desirable layout with a king bedroom, additional sleeping space in the loft. Guests love the private hot tub and heart-shaped jacuzzi, making it especially popular with couples while still accommodating families and small groups. The game-packed loft sets this property apart, offering arcade games, foosball, a pool table, and a driving simulator, amenities that consistently boost bookings and repeat stays. With convenient parking and no steep mountain roads, accessibility is a major advantage for both guests and owners. Located just minutes from Great Smoky Mountains, Pigeon Forge, and Dollywood, this cabin is positioned in one of the most in-demand STR markets in the Smokies. Whether you're expanding your rental portfolio or looking for a personal getaway that pays for itself, Lovin' It delivers location, amenities, and income potential, all in one exceptional Smoky Mountain investment.

644 Gatlinburg Falls Way, Gatlinburg
$875,000
3 Beds ⋅ 4 Baths ⋅ 312084 MLS ⋅ ACTIVE Status
Smoky Mountain fun is built into every level at 826 Great Smoky Way! Set inside Gatlinburg Falls Resort, this fully furnished 3 bed, 4 full bath cabin offers 2,300 sq ft on approximately 0.10 acres, with warm wood interiors, multiple covered decks, and a beautiful view toward Mt. Le Conte. The main level keeps everything connected with an open kitchen, dining area, and living room centered around a cozy gas-log fireplace, plus a private bedroom suite for convenient main-level living. Downstairs, two additional bedroom suites add comfortable separation for overnight guests. Head all the way up and the entire top floor turns into the fun zone, complete with a spacious game room, bunk space, lounge area, and its own full bathroom. Outside, enjoy classic Smoky Mountain cabin time with covered porches, wooded surroundings, deck seating, and a private hot tub after a day of exploring. The resort setting adds wide, well-lit streets along with clubhouse and pool access, giving owners and guests extra ways to relax between adventures. Conveniently positioned near downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Gatlinburg SkyPark, Ripley's Aquarium of the Smokies, Ober Mountain, Pigeon Forge, and Dollywood, this turnkey cabin is ready for mountain getaways, a second-home retreat, or short-term rental use. Special Offer: Receive a 1% rate reduction for 12 months when using the seller's preferred lender.

826 Great Smoky Way, Gatlinburg
$488,000
1 Beds ⋅ 2 Baths ⋅ 311648 MLS ⋅ ACTIVE Status
Located just 10 minutes from downtown Gatlinburg, this one-bedroom, two-bathroom cabin in the sought-after Gatlinburg Falls resort offers a prime investment opportunity or private escape within city limits. With nearly 1,500 square feet across two full levels, the cabin is thoughtfully designed for both comfort and rental performance. The main level features an open-concept living room with soaring ceilings, a cozy stacked stone fireplace, and abundant natural light, along with a full kitchen, dining space, and the primary bedroom and bathroom. The lower level expands the living space with a generously sized recreation room outfitted with arcade consoles, a pool table, bunk beds, additional lounge seating, and a second full bathroom—perfect for entertaining guests or maximizing rental flexibility. Both levels offer deck access, with the lower level featuring a private hot tub and outdoor seating area, while the main-level deck includes additional furnishings for relaxing or dining al fresco. Notable improvements include a new water heater, new flooring on the lower level, a new shower, new blinds, and a full exterior stain completed in 2022—enhancing both aesthetics and functionality. The cabin has a proven track record as a self-managed short-term rental and benefits from its location in a high-performing community known for strong occupancy and guest satisfaction. Paved roads, city utilities, and community amenities round out the appeal, making this a turn-key option for those seeking immediate rental income or a personal mountain retreat with all the perks of Gatlinburg living.

834 Great Smoky Way, Gatlinburg
$745,000
3 Beds ⋅ 3 Baths ⋅ 311553 MLS ⋅ ACTIVE Status
This cabin in the highly sought after Gatlinburg Falls Resort is now for sale! With Gorgeous mountain views and being just minutes from downtown Gatlinburg this home makes for a great short term rental! This home has been a consistent producer doing 2025-$62,607 2024-$62,546 2023-$74,106 2022-$89,475! With 3 floors, this property will have something for everyone! A generous 3 bedrooms with 2 of them being ensuites with electric fireplaces that are perfect for setting a great ambiance. The living room features sky high cathedral ceilings and an open loft above. A split game space in the basement and loft can provide hours of entertainment. Dedicated theater amenity and double decks on each floor on the front and back of the home provide plenty of space to enjoy the outdoors. Relax by the community pool on hot summer days and experience all that the Sevier County area has to offer!

714 Mountain Stream Way, Gatlinburg
$1,999,999
6 Beds ⋅ 8 Baths ⋅ 311369 MLS ⋅ ACTIVE Status
Warning: Your Guests May Never Want to Leave. Million-dollar views? Try $2 million views. From sunrise coffee to sunset cocktails, this extraordinary Smoky Mountain lodge serves up front-row seats to panoramic vistas of Downtown Gatlinburg, Ober Mountain, the Space Needle, and the majestic Great Smoky Mountains--all from over 1,600 square feet of covered wraparound decks. Sleeping 22+ guests, this isn't just a cabin--it's where family reunions become legendary, wedding weekends become unforgettable, corporate retreats get a serious upgrade, and friends start planning their next trip before the first one ends. Rain or shine, the fun never checks out. Take a dip in one of the area's largest heated indoor gunite pools, complete with a waterfall, colorful LED lighting, and poolside half bath. Then soak under the stars in not one, but TWO hot tubs, because one simply isn't enough after a day exploring the Smokies. Inside, the oversized kitchen is ready for everything from pancake breakfasts to holiday feasts, featuring granite countertops, stainless steel appliances, an oversized refrigerator, custom vent hood, abundant cabinetry, and a massive island where everyone naturally gathers. The adjoining dining area seats ten, while the soaring living room centers around a dramatic floor-to-ceiling stone fireplace that's practically begging for game night stories. When it's time to recharge, everyone gets the VIP treatment. The lodge features three luxurious king suites plus three additional family-friendly suites with queen-over-queen log bunk beds, creating the perfect balance of privacy and togetherness. The main-level owner's suite raises the bar even higher with a spa-inspired bath featuring a jetted soaking tub, walk-in tiled shower, and dual vanities. Need even more entertainment? You've got it. Challenge the crew in two separate game rooms packed with arcade games, air hockey, foosball, and multi-game systems--or watch the indoor pool action through the unique interior viewing windows that make this lodge unlike anything else on the market. Even arriving is easy. With paved roads, no white-knuckle mountain driving, and parking for 8+ vehicles, getting everyone together is effortless. Best of all, you're only minutes from Downtown Gatlinburg, the entrance to the Great Smoky Mountains National Park, restaurants, shopping, attractions, and everything guests travel here to experience. This isn't just another overnight rental. It's the cabin everyone bookmarks. The one families return to year after year. The one that turns vacations into traditions and weekends into lifelong memories. Come for the views. Stay for the memories. Return because nowhere else quite compares.

782 Park Vista Way, Gatlinburg
$1,228,900
4 Beds ⋅ 4 Baths ⋅ 311194 MLS ⋅ ACTIVE Status
Welcome to 655 Gatlinburg Falls Way, an exceptional, income-producing luxury cabin located in the highly sought-after Gatlinburg Falls Phase 1 subdivision in the heart of Gatlinburg. This beautifully decorated tri-level property offers the perfect blend of upscale mountain living and high-performing short-term rental investment. Designed with both comfort and entertainment in mind, this spacious cabin features multiple bedrooms each with its own cozy fireplace, providing a premium guest experience and strong repeat rental appeal. The open-concept main living area showcases granite countertops, stainless steel appliances, and ample space for hosting large groups. Entertainment is unmatched with a dedicated theater room and an action-packed game room, making this property a top choice for vacationers seeking a full experience. The fully finished layout offers generous sleeping capacity, ensuring maximum occupancy potential and excellent ROI. Located on wide, easily accessible roads within Gatlinburg Falls Resort, guests enjoy convenient year-round access along with access to a well-maintained outdoor swimming pool--an attractive amenity that enhances rental demand. Positioned just minutes from downtown Gatlinburg and only 6 miles to Pigeon Forge, this prime location places guests near top attractions, dining, and entertainment while still offering the privacy and charm of a mountain retreat. Turnkey, fully furnished, and rental-ready, this property is an outstanding opportunity for investors or buyers seeking a high-performing vacation home in one of the Smokies' most desirable resort communities. Schedule your showing today and capitalize on this income-producing property in a premier location.

655 Gatlinburg Falls Way, Gatlinburg
$899,900
4 Beds ⋅ 4 Baths ⋅ 310618 MLS ⋅ ACTIVE Status
Above the Clouds is a beautifully updated 4 bed, 4 bath, 2,574 sq ft Smoky Mountain retreat located in Hidden Valley Resort in Gatlinburg! Offers breathtaking views of Mount LeConte and comfortably accommodating up to 14 guests. Renovated in 2022, this spacious multi-level cabin blends modern comforts with classic mountain charm and an ideal layout for both relaxation and entertaining. The main level features an open-concept living area with a full kitchen, dining space, and comfortable living room with a queen sleeper, along with a king bedroom and full bathroom, plus access to an expansive deck with rocking chairs and a hot tub overlooking the peaceful mountain surroundings. The lower level includes three additional king bedrooms, two full bathrooms, and a convenient washer and dryer, providing excellent space and privacy for larger groups. The top-level loft is designed for entertainment with a pool table, air hockey, foosball, arcade games, bunk beds, and an additional queen sleeper - perfect for gathering with family and friends. Located just minutes from downtown Gatlinburg, the Great Smoky Mountains National Park, Anakeesta Adventure Park, and the Gatlinburg SkyBridge, this property offers easy access to outdoor adventures, dining, and shopping while also providing access to Hidden Valley Resort amenities including a community pool, conference center, and wedding facility. Whether used as a personal mountain escape or a vacation rental opportunity, Above the Clouds offers the perfect blend of space, entertainment, and stunning Smoky Mountain views. The neighborhood features a community pool and trash compactor, plus an event space for weddings/other events. Currently an Active Rental Listing.

821 Great Smoky Way, Gatlinburg
$650,000
2 Beds ⋅ 3 Baths ⋅ 310553 MLS ⋅ ACTIVE Status
MOTIVATED SELLER! BRING ALL OFFERS! Daydreamer's Delight is a stunning three level cabin with over 2,500 sq ft located in the highly desirable Gatlinburg Falls Resort. This turnkey investment property is already on a rental program and ready for the next owner to step in and start generating income. Enjoy breathtaking panoramic mountain views, two spacious king bedrooms, and three full bathrooms across three levels of living space. Inside you will find beautiful tongue and groove walls, four electric fireplaces, and a downstairs game room designed for guest entertainment. Relax in the private hot tub while taking in the mountain scenery, all just minutes from Downtown Gatlinburg and The Island in Pigeon Forge. A fully furnished Smoky Mountain investment opportunity combining location, views, and amenities that guests love.

727 Mountain Stream Way, Gatlinburg
$695,000
3 Beds ⋅ 5 Baths ⋅ 309168 MLS ⋅ ACTIVE Status
Stunning 3BR/3BA + 2 Half Bath Luxury Cabin • Game Room • Theater • 5 Fireplaces • Income Producing • Sleeps 10 This beautifully crafted two-story cabin with a full basement checks every box for an exceptional short-term rental or second home in the Smokies. Ideally positioned between downtown Gatlinburg and downtown Pigeon Forge, this property offers unbeatable convenience while still providing the privacy and charm guests crave. Inside, you'll find three spacious king-bed suites, each with its own fireplace, ensuring every guest enjoys luxury and comfort. With five fireplaces total, the cabin delivers an unmatched cozy mountain atmosphere. The layout includes three full bathrooms and two half baths, offering excellent functionality for larger groups and high nightly rates. Entertainment is a highlight with a dedicated theater room, a full game room, and multiple living areas designed for gathering and relaxing. The home comfortably sleeps up to 10 and is set up for outstanding income production with proven rental appeal. Additional features include: • Two levels plus fully finished basement • Five fireplaces including one in every bedroom • King beds in all bedrooms • Theater room + game room • Ideal central location between Gatlinburg & Pigeon Forge • Excellent income-producing property with strong guest demand A rare opportunity to own a premium Smoky Mountain rental cabin in one of the most sought-after locations. Turnkey, luxurious, and built to impress.

4532 Holly Forest Way, Gatlinburg
Start Your Search

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 .