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.
Active
Price cut: $5K (9/21)
$445,000
514 Butler Branch Rd, Gatlinburg, TN 37738
1beds
1,600sqft
Residential
Built in 1987
1.33 Acres Lot
$-- Zestimate®
$278/sqft
$158/mo HOA
What's special
Usable flat landDetached storage with electricLimestone fireplacePrivate creekside cottageMultiple bridgesGenerous storageRemodeled kitchen
- 47 days
- 976
- 66
Zillow last checked:
Listing updated:
Listed by:
Shannon McRoberts 888-519-5113,
eXp Realty 888-519-5113
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3333857
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Kitchen
- Features: Eat-in Kitchen
- Level: Eat-in Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
Features
- Ceiling Fan(s), High Speed Internet
- Flooring: Luxury Vinyl
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Electric, Wood Burning
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 1
- Parking features: Concrete, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 2
- Patio & porch: Patio, Covered
- Pool features: Association
Lot
- Size: 1.33 Acres
- Features: Cleared, Level, Private, Wooded
- Topography: Cleared,Level,Private,Wooded
Details
- Additional structures: Storage
- Parcel number: 09901605000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Residential
Materials
- Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Cobbly Nob
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Pool, Tennis Court(s)
- HOA fee: $1,900 annually
Location
- Region: Gatlinburg
Financial & listing details
- Price per square foot: $278/sqft
- Tax assessed value: $196,700
- Annual tax amount: $1,164
- Date on market: 8/5/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,164 | $78,680 |
| 2024 | $1,164 | $78,680 |
| 2023 | $1,164 +60% | $78,680 +60% |
| 2022 | $728 | $49,175 |
| 2021 | -- | $49,175 +62.2% |
| 2020 | $564 | $30,325 |
| 2019 | $564 | $30,325 |
| 2018 | $564 +0% | $30,325 |
| 2017 | $564 | $30,325 |
| 2016 | $564 | $30,325 -15.4% |
| 2015 | -- | $35,850 0% |
| 2014 | $584 | $35,854 |
| 2013 | $584 | $35,854 |
| 2012 | $584 | $35,854 |
| 2011 | $584 | $35,854 |
| 2010 | -- | $35,854 -0.1% |
| 2009 | $553 | $35,895 |
| 2008 | $553 | $35,895 |
| 2007 | $553 +14.9% | $35,895 |
| 2006 | $481 -19.3% | $35,895 |
| 2005 | $596 +21.5% | $35,895 +21.5% |
| 2004 | $490 +14.5% | $29,544 |
| 2002 | $428 | $29,544 |
| 2001 | -- | $29,544 -75% |
| 2000 | -- | $118,177 |
Find assessor info on the county website
Monthly payment
Est. payment







