Residential Estate with Standalone
248 Buckhorn Road, Gatlinburg, TN 37738
COMMERCIAL - Gatlinburg, TN
Property size:
10,640 SFLot size:
1.48 AcresPrice / SF:
$145/SF- Added:
- Apr 29, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 248 Buckhorn Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-3
- Parking
- 10
- Fencing
- Fenced
- Standard status
- Active
- APN
- 118 163.01
- Size
- 10,640 SF
- Lot size
- 1.48 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3155
Utilities
- Utilities
- Water Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Well
Building Details
- Year built
- 2003
- Floors in Building
- 2
- Flooring type
- Vinyl
- Additional Structures
- Residence
Listing agent Katelyn Warren License #367051 (865) 416-2220
Listing office Century 21 Legacy GP 3224 East Parkway, TN (865) 436-7121
Listing date Apr 29, 2026
MLS# 311576
Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Set on ~1.48 acres in Turtle Hollow Estates with Buckhorn Creek flowing through the property and Mt. LeConte views
- 5BR and 4.5BA across multiple structures, including a 4BR/3.5BA extensively renovated main residence
- Standalone 1BR/1BA penthouse apartment with its own garage, kitchen, laundry, and living area
- Main‑level living in the primary residence with primary bedroom, bath, and laundry on the main floor; 10.5‑ft ceilings and double ovens
- Man cave garage and shop includes 7500‑lb lift, 200‑amp service, multiple HVAC systems, and a loft above
- Infrastructure updates: roof systems updated 2020–2024, Generac whole‑home generator, whole‑property internet, smart home security/cameras and app‑controlled locks
Overview
Turtle Hollow Estates–Legacy is a built-out residential compound featuring 5 bedrooms and 4.5 bathrooms across multiple structures. The extensively renovated main residence includes 10.5-ft ceilings, custom cabinetry with functional storage and cooking inserts, double ovens, and a dining table that conveys, with main-level living supported by a primary bedroom, bathroom, and laundry on the main floor. A private guest suite is located on the right side of the second floor, and a fully equipped 1BR/1BA “penthouse” apartment operates as a true standalone space with its own garage, kitchen, laundry, and living area.
The property sits on approximately 1.48 acres in Gatlinburg’s Arts & Crafts Community and features Buckhorn Creek flowing through the land and scenic views of Mt. LeConte. It is positioned adjacent to approximately 25 acres of hiking trails near the Historic Buckhorn Inn.
Beyond the residences, additional buildings support both lifestyle and functional use, including a “man cave” garage and shop with a 7500 lb lift, compressor and hard air lines, 200-amp service, multiple HVAC systems, and a loft above, along with a studio building and a separate greenhouse artist studio/reading room with HVAC. The property has extensive infrastructure already in place, including roof system updates across the property (2020–2024), a Generac whole-home generator servicing the main residence and well, whole-property internet, and smart home integration with security cameras, app-controlled locks, and thermostats. Outdoor improvements include significant stone and landscaping work, covered pergolas, and a freestanding covered area with a fireplace, plus a private kiln area. An adjoining 1.83-acre parcel is also available for purchase.
The property sits on approximately 1.48 acres in Gatlinburg’s Arts & Crafts Community and features Buckhorn Creek flowing through the land and scenic views of Mt. LeConte. It is positioned adjacent to approximately 25 acres of hiking trails near the Historic Buckhorn Inn.
Beyond the residences, additional buildings support both lifestyle and functional use, including a “man cave” garage and shop with a 7500 lb lift, compressor and hard air lines, 200-amp service, multiple HVAC systems, and a loft above, along with a studio building and a separate greenhouse artist studio/reading room with HVAC. The property has extensive infrastructure already in place, including roof system updates across the property (2020–2024), a Generac whole-home generator servicing the main residence and well, whole-property internet, and smart home integration with security cameras, app-controlled locks, and thermostats. Outdoor improvements include significant stone and landscaping work, covered pergolas, and a freestanding covered area with a fireplace, plus a private kiln area. An adjoining 1.83-acre parcel is also available for purchase.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.6k | $15.00 |
| − Vacancy | −$16.0k | −$1.50 |
| EGI | $143.6k | $13.50 |
| − OpEx | −$64.6k | −$6.08 |
| NOI | $79.0k | $7.43 |
10,640 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.13M
$987.5K – $1.32M
NOI $79,002 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.49M
$3.93M – $5.23M
NOI $314,093 @ 7.0% cap · market cap 20.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Gatlinburg
- County
- Sevier
- State
- Tennessee
- Longitude
- -83.428188
- Latitude
- 35.741788
Nearby Similar for Sale
FAQs
What type of property is this?
Short term rental property - Estate-style compound with main residence, standalone penthouse apartment, and multiple work and living buildings for flexible use.
Where is this short term rental property located?
The property is located at 248 Buckhorn Road Gatlinburg, TN.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Set on ~1.48 acres in Turtle Hollow Estates with Buckhorn Creek flowing through the property and Mt. LeConte views; 5BR and 4.5BA across multiple structures, including a 4BR/3.5BA extensively renovated main residence; Standalone 1BR/1BA penthouse apartment with its own garage, kitchen, laundry, and living area
