Gatlinburg Homes with Three Or More Stories

Gatlinburg Homes with Three Or More Stories

Nestled in the heart of the Smoky Mountains, Gatlinburg, Tennessee, is a charming mountain town that perfectly blends natural beauty with vibrant community life. Known as the gateway to the Great Smoky Mountains National Park, Gatlinburg offers breathtaking views, outdoor adventures, and a rich tapestry of culture and entertainment. With its picturesque streets lined with unique shops, delightful eateries, and exciting attractions, this enchanting town is a haven for families, couples, and nature enthusiasts alike.

For those seeking a spacious and luxurious living experience, Gatlinburg boasts a selection of stunning homes with three or more stories. These multi-level residences offer ample room for families and guests, providing the perfect setting for creating lasting memories. Imagine waking up to panoramic views of the Smokies from your master suite, or entertaining friends in a spacious living area that flows seamlessly onto an expansive deck. With many homes thoughtfully designed to maximize the natural light and breathtaking mountain vistas, your living space becomes a serene retreat.

In addition to their stunning architecture, these three-story homes often come equipped with modern amenities and features, such as gourmet kitchens, expansive outdoor spaces, and cozy fireplaces. Whether you’re looking for a vacation rental, a primary residence, or a peaceful getaway, Gatlinburg’s multi-story homes offer a unique opportunity to immerse yourself in the beauty of the Smoky Mountains while enjoying the comforts of modern living. Discover your dream home in Gatlinburg today, where every day feels like a picturesque escape!

Newest Gatlinburg Homes with Three Or More Stories

$745,000
4 Beds ⋅ 4 Baths ⋅ 313251 MLS ⋅ ACTIVE Status
Don't miss your chance to own the final end unit in the highly sought-after Baskins Creek Townhomes. As the exclusive remaining end unit, Unit 12 features additional windows that fill the home with natural light and bring the energy of Downtown Gatlinburg right inside. With two porches on the middle level and four outdoor spaces in total, there's no shortage of places to relax and enjoy the mountain atmosphere. Located just 0.4 mile from the Parkway, this rare property offers a flat, easy walk with no hills to Gatlinburg's most popular attractions, including Anakeesta, Ripley's Aquarium of the Smokies, Ole Red Gatlinburg, The Pancake Pantry, shopping, dining, and entertainment. Enjoy everything Downtown Gatlinburg has to offer without dealing with traffic or parking. Inside, you'll find luxury finishes throughout, including warm wood accents, granite countertops, custom accent walls in the bedrooms, tile bathroom floors, beautifully finished tile showers, and a flexible floor plan designed for both owners and guests. The lower-level bonus space functions perfectly as a game room, media room, or fourth sleeping area, while a dedicated workspace adds convenience for extended stays. Covered parking and a covered entry make unloading groceries, luggage, and supplies effortless in any weather. Ownership is also simplified with city utilities, including water, sewer, and trash service, included in the HOA fees, eliminating several separate monthly utility expenses and making management even easier for absentee owners and investors. For investors, the location is a major advantage. Walkable properties this close to Downtown Gatlinburg are exceptionally rare, and the ability for guests to park their car and explore the city on foot creates the type of convenience vacationers are searching for. Projected rental income is approximately $95,000 annually. Whether you're searching for a luxury vacation home, a high-performing short-term rental, or both, Unit 12 delivers an unbeatable combination of location, luxury, convenience, and investment potential. Only one end unit remains.

215 Circle Drive, Gatlinburg
$725,000
4 Beds ⋅ 4 Baths ⋅ 313209 MLS ⋅ ACTIVE Status
EXCELLENT INVESTMENT OPPORTUNITY -- NOW COMPLETE! An unbeatable location paired with exceptional style! This brand-new luxury townhome is now complete and located just 0.4 of a mile from the heart of Downtown Gatlinburg, offering the rare convenience of a flat, family-friendly walk to Anakeesta, Ripley's Aquarium of the Smokies, Ole Red, The Pancake Pantry, shopping, dining, and entertainment. Designed with short-term rental appeal in mind, this modern three-level townhome features high-end finishes throughout, including tongue-and-groove ceilings, custom accent walls in every bedroom, walk-in tile showers, tile bathroom floors, granite countertops, stainless steel appliances, and washer/dryer hookups. Covered parking and a covered entry provide added convenience year-round. Public utilities are included in the HOA fee, adding even more value and convenience for owners. The flexible lower-level room offers the perfect space for a fourth sleeping area, game room, or media room. Baskins Creek meanders alongside the property, while all three bedrooms feature balcony access. The front bedrooms showcase mountain views and twinkling Gatlinburg city lights, while the primary suite offers a peaceful wooded setting with its own private balcony. Walkable properties this close to Downtown Gatlinburg are incredibly scarce, making this an exceptional investment opportunity. With brand-new construction, luxury finishes, covered parking, HOA-included public utilities, and a prime walkable location, this property is positioned for strong year-round rental demand. Projected rental income averages approximately $95,000 annually! Now completed and ready for its new owner.

215 Circle Drive, Gatlinburg
$725,000
4 Beds ⋅ 4 Baths ⋅ 313185 MLS ⋅ ACTIVE Status
EXCELLENT INVESTMENT OPPORTUNITY -- NOW COMPLETED! An unbeatable location paired with exceptional style! This brand-new luxury townhome is now complete and located just 0.4 of a mile from the heart of Downtown Gatlinburg, offering the rare convenience of a flat, family-friendly walk to Anakeesta, Ripley's Aquarium of the Smokies, Ole Red, The Pancake Pantry, shopping, dining, and entertainment. Designed with short-term rental appeal in mind, this modern three-level townhome features high-end finishes throughout, including tongue-and-groove ceilings, custom accent walls in every bedroom, walk-in tile showers, tile bathroom floors, granite countertops, stainless steel appliances, and washer/dryer hookups. Covered parking and a covered entry provide added convenience year-round. Public utilities are included in the HOA fee, adding even more value and convenience for owners. The flexible lower-level room offers the perfect space for a fourth sleeping area, game room, or media room. Baskins Creek meanders alongside the property, while all three bedrooms feature balcony access. The front bedrooms showcase mountain views and twinkling Gatlinburg city lights, while the primary suite offers a peaceful wooded setting with its own private balcony. Walkable properties this close to Downtown Gatlinburg are incredibly scarce, making this an exceptional investment opportunity. With brand-new construction, luxury finishes, covered parking, HOA-included public utilities, and a prime walkable location, this property is positioned for strong year-round rental demand. Projected rental income averages approximately $95,000 annually! Now completed and ready for its new owner.

215 Circle Drive, Gatlinburg
$1,149,000
4 Beds ⋅ 8 Baths ⋅ 313007 MLS ⋅ ACTIVE Status
''THE SKYBOX LODGE'' is a Mega Lodge! This place has it all! Comfortably sleeps 22 people! 2025 gross rental amount $114,518. 2024 gross rental amount $124,136. 2023 gross rental amount $149,097. 2026 year to date bookings $98,191 with plenty of nights available through the end of 2026.Three kitchens; three living rooms; six fireplaces; sixteen televisions; and a movie screen. All rooms are over sized! Massive sports themed bar, theater, game area including multiple arcade games, ping pong, pool table, basketball, skeet ball, 6 televisions and a tiered theater with seating for 12. The common area also includes a full kitchen and huge dining area. Amazing mountain views; Outdoor fire pit; Hot tub. Convenient location near the Arts and Crafts community, Rocky Top Sports World, and just minutes to Downtown, hiking and attractions. Septic Approval from 1991 was for four bedrooms and was originally the Timber Rose B&B but this lodge has 7 large guest suites and sleeps a total of 22 people.

1106 Tanrac Trail, Gatlinburg
$1,299,900
5 Beds ⋅ 8 Baths ⋅ 312976 MLS ⋅ ACTIVE Status
Beautiful Custom-built home offering over 5,000 square feet of luxury living in a private 4.72 acre wooded setting just minutes from downtown Gatlinburg. This exceptional 5-bedroom, 5 full bath, 3 half bath home features a Grand Entrance, striking stairwell, open floor plan, dramatic Great Room with soaring ceilings, walls of windows, hardwood floors, and a stunning Mountain Stone fireplace. The gourmet kitchen offers custom cabinetry, granite countertops, stainless steel appliances, a large breakfast bar, walk-in pantry, and spacious dining area. The main-level primary suite features a luxurious custom bath with marble tile floors and oversized his-and-her walk-in closets. The upper level offers a large sitting area and three additional bedrooms and two baths, while the finished lower level includes a spacious theater room, executive office, half bath, flex space/game room, additional bedroom suite with bath, oversized laundry/utility room, and abundant storage. Enjoy the serene, private wooded setting with two levels of Trex decking, a covered outdoor living area with a mountain stone wood-burning fireplace, professional landscaping, RV Parking and hookup, and an oversized three-car garage with finished living space above--ideal for guests or in-law quarters. Located within 2 miles of Mills Park and the Gatlinburg Community Center and less than 7 minutes to downtown Gatlinburg. Previously a primary residence, this property is zoned for Short-Term Rentals and offers exceptional investment potential. All City services. Drone photography and virtual staging have been used in some marketing photos. The subject property adjoins a 5.16 acre Lot on market for sale MLS# 312977 Don't miss this opportunity to make this exceptional property your Permanent Home or Short Term Rental in the Smoky Mountains!!!

454 Pa Proffitt Road, Gatlinburg
$265,000
1 Beds ⋅ 1 Baths ⋅ 312935 MLS ⋅ ACTIVE Status
PRICE RECENTLY REDUCED! BRING YOUR OFFERS... Check out this charming 1 bedroom 1 bath condo in the highly desired Olde Gatlinburg Place. Just steps from the excitement of downtown Gatlinburg! This condo is located on the 2nd floor, you will find unit 2A directly across from the elevator for easy access. This meticulously cared for unit opens up into a spacious living room with a cozy gas fireplace. It features a big beautiful bedroom, the bathroom has a large walk in shower, in the kitchen you will find a microwave and small fridge with freezer. From the windows in the living room, it has a view of Anakeesta's chairlift. Perfect for relaxing after a day in the Smokies. It comes fully furnished. It has recently had the paint touched up this year and the elevators were replaced in 2024. Guests love having the refreshing pool, hot tub, laundry facilities, ice and vending area- everything you need for a stress-free Smoky Mountain stay. Don't miss your opportunity to own your very own condo here in the Smoky Mountains. Low HOA fee of $175/month covers water, sewer, gas, basic cable, trash, exterior maintenance, building insurance, community outdoor pool/hot tub, and community laundry area. There are no known upcoming HOA assessments. This unit does not have a balcony.

306 Baskins Creek Road, Gatlinburg
$1,295,000
6 Beds ⋅ 5 Baths ⋅ 312710 MLS ⋅ ACTIVE Status
Investor alert in the Smokies! This property is already producing strong numbers and still offering increased revenue opportunity. This 6 bedroom / 5 bath cabin in Chalet Village generated $171,000 in gross rental income in 2025 and $186,000 in 2024, and it was recently approved for an increased guest capacity of 18 guests, opening the door for even higher future revenue potential. For investors focused on ROI, this combination of proven performance + expanded capacity is exactly what you want to see. The cabin was designed to host large groups comfortably with an open floor plan, multiple gathering spaces, and three decks showcasing the mountain views that guests travel to Gatlinburg for. Four bedrooms feature private en-suite baths, while the remaining bedrooms share a bath--making it easy for large groups to stay together without sacrificing privacy. Entertainment is already built in with a large game room featuring a pool table and foosball, while the main-level primary suite adds convenience for multi-generational guests. Located in the highly desirable Chalet Village community, guests enjoy access to multiple pools, tennis courts, clubhouses, and other resort-style amenities--all while being just 8 minutes to Downtown Gatlinburg, 7 minutes to Ober Mountain skiing, and about 10 miles to Dollywood. Even better, the cabin sits on paved city-maintained roads with city water, which makes year-round access easy for guests and owners alike. Strong existing income, newly increased guest capacity, mountain views, and a prime location near Gatlinburg's top attractions--this is the type of investment property Smoky Mountain buyers are actively searching for. Airbnb Listing: https://www.airbnb.com/rooms/43364791?guests=1&adults=1&s=67&unique_share_id=a397beae-4968-4ff8-a94d-739c16001668

943 Crooked Ridge Road, Gatlinburg
$2,699,900
5 Beds ⋅ 6 Baths ⋅ 312647 MLS ⋅ ACTIVE Status
MOTIVATED SELLER! UNMATCHED OPPORTUNITY TO OWN THIS 5BR INDOOR POOL INCOME-GENERATING LUXURY SHORT-TERM RENTAL OVERLOOKING DOWNTOWN GATLINBURG WITH INCREDIBLE AMENITIES, MOUNTAIN VIEWS FOR MILES, APPROVED OCCUPANCY FOR 22 GUESTS, AND POTENTIAL BONUS DEPRECIATION BENEFITS FOR QUALIFYING INVESTORS! PROJECTED GROSS INCOME OF $400K+ ANNUALLY FROM REPUTABLE MANAGEMENT COMPANIES! Welcome to Builtmore 1, a completely unique 4-story modern mountain retreat strategically positioned just minutes from shopping, dining, attractions, and entertainment in Gatlinburg, while also being only a short drive to Pigeon Forge, Dollywood, and the Great Smoky Mountains National Park. Located in a prime short-term rental corridor near Ober Mountain, this architecturally striking luxury lodge was designed specifically to maximize guest experience, occupancy, and rental income while delivering an unforgettable Smoky Mountain vacation experience. This one-of-a-kind 5-bedroom lodge offers incredible mountain and ski slope views from multiple levels of outdoor living space, including two spectacular rooftop turf decks that create a true ''sky lounge'' experience unlike anything else in the area. The thoughtfully designed vertical layout provides exceptional separation of living, entertainment, and sleeping spaces while creating a resort-style atmosphere throughout the home. Multiple levels of covered decking, expansive outdoor gathering areas, rooftop putt-putt, outdoor dining spaces, abundant seating, and a firepit provide guests with countless opportunities to enjoy the mountain setting. Inside, soaring ceilings and walls of glass flood the home with natural light while bringing the beauty of the outdoors inside. The open-concept great room features a modern electric fireplace and flows seamlessly into the oversized chef's kitchen, complete with granite countertops, stainless steel appliances, extensive cabinetry, and a massive center island designed to comfortably accommodate large groups. The spacious dining and gathering areas allow guests to connect without feeling crowded, making the property ideal for family vacations, retreats, and group travel. Builtmore 1 is loaded with premium amenities designed to command top-tier nightly rental rates and maximize ROI. The dedicated climate-controlled indoor pool room features an inground swimming pool and indoor hot tub for year-round enjoyment regardless of weather. A state-of-the-art game room, private theater room, secondary lounge areas, and multiple entertainment spaces create an experience guests actively seek when choosing a luxury Smoky Mountain rental. The property's unique design photographs exceptionally well, helping it stand out in a competitive rental marketplace. The bedroom layout was intentionally designed to maximize occupancy while maintaining a luxury feel. Oversized bedroom suites feature private en-suite bathrooms with double vanities, soaking tubs, and walk-in tiled showers. Custom built-in bunk areas throughout increase sleeping capacity while maintaining comfort and style. Multiple walk-in closets, owner's storage areas, linen closets, and thoughtfully designed housekeeping spaces provide functionality and efficiency for owners and management companies. A full sprinkler system is already installed, and the property has approved occupancy for 22 guests, providing significant income-producing potential. Combining a premier location, distinctive architecture, luxury finishes, extensive entertainment options, and a highly desirable amenity package, Builtmore 1 offers investors a rare opportunity to acquire a truly brandable, high-performing Smoky Mountain asset positioned for strong cash flow, premium nightly rates, and long-term appreciation. Buyers should consult their tax professional regarding potential bonus depreciation and cost segregation opportunities. Access to three community pools, pickleball, & tennis courts! Check out the floorplans, 3D tour, and video!!

1253 Bavarian Way, Gatlinburg
$889,990
4 Beds ⋅ 6 Baths ⋅ 312603 MLS ⋅ ACTIVE Status
Chalet in the Sky -- 4,000 Sq Ft Luxury Retreat with Panoramic Smoky Mountain Views complete with sprinkler system and sleeps up to 16 guest. Discover Chalet in the Sky, a rare 4,000-square-foot luxury retreat offering an experience scarcely seen in the Smoky Mountains. From your mountaintop perch, you'll enjoy ever-changing views of Gatlinburg and breathtaking sunrises over town. Main Living Area The spacious main living area welcomes you with warm pine paneling, comfortable leather sofas, and a beautiful stone fireplace -- creating a cozy, inviting atmosphere where your group naturally gathers. Bedrooms (4 Total) Four spacious bedrooms give everyone room to relax and recharge: Three luxurious King Suites One bunk room equipped with four full-size beds -- ideal for kids or extra guests A fully equipped kitchen with stainless steel appliances, granite counter tops and a spacious dining make this kitchen a pleasure for cooking, serving and dining. Game Room Challenge friends and family to a game of foosball or a round on the full-size pool table. Dedicated Home Theater Retreat for an unforgettable movie night in the dedicated theater, complete with an 86'' HD Smart TV, immersive surround sound, plush leather recliners, and sound-dampening crushed-velvet walls. Outdoor Deck Step outside to unwind in the bubbling hot tub while taking in the magnificent mountain scenery. Mountain Views The views here are never the same twice. They shift with the seasons, the weather, and the hour -- so every visit offers something new. Local Wildlife such as black bears, deer, or wild turkeys roaming the surrounding woods are often seen. This chalet is great for family getaways or a group retreat, the four levels of Chalet in the Sky are where luxury, seclusion, and unforgettable views come together. Annual HOA dues includes water & sewer (from City of Gatlinburg), as well as trash (community dumpster). It also includes upkeep and maintenance of the community property.

909 Black Wolf Way, Gatlinburg
$725,000
4 Beds ⋅ 4 Baths ⋅ 312593 MLS ⋅ ACTIVE Status
Nearing Completion! An unbeatable location with exceptional style! This exclusive luxury townhome is just 700 yards from the vibrant heart of Downtown Gatlinburg, offering a rare flat, family-friendly walk to one of the most visited destinations in the country. Stroll from your front door to Anakeesta, Ripley's Aquarium of the Smokies, Blake Shelton's Ole Red, The Pancake Pantry, shopping, dining, and entertainment. Experience brand-new modern luxury with high-end finishes throughout, including tongue-and-groove ceilings, custom accent walls in every bedroom, walk-in tile showers with glass doors, granite countertops, stainless steel appliances, and an open three-level floor plan designed for comfort and entertaining. Covered parking and a covered entry provide added convenience and easy access in any weather. The flexible lower-level room offers the perfect space for a fourth bedroom, game room, or media room. Baskins Creek meanders alongside the property, while upper-level balconies provide peaceful outdoor living spaces. All three bedrooms feature balcony access. The front bedrooms showcase mountain views and twinkling city lights, while the primary suite offers a secluded wooded retreat with its own private balcony. This exceptional property presents a rare investment opportunity. Walkable properties this close to Downtown Gatlinburg are incredibly scarce, and the combination of location, luxury finishes, covered parking, and modern design creates the ideal recipe for strong year-round rental demand. Projections average around 95k per year! Contact us today for more information.

215 Circle Drive, Gatlinburg
$975,000
3 Beds ⋅ 5 Baths ⋅ 312563 MLS ⋅ ACTIVE Status
Turnkey, cash-flowing Gatlinburg pool cabin with an active short-term rental permit, sleeping up to 12 guests and offering wide panoramic views of the Great Smoky Mountains. Perched above downtown Gatlinburg, the expansive back decks showcase breathtaking views of downtown and the peaks of the Great Smoky Mountains National Park. Ideally located just 1 mile from Ober Mountain and only 3 miles from downtown Gatlinburg. Owners and guests enjoy access to Chalet Village amenities, including community pools, a fitness center, and tennis courts. This spacious cabin features 3 bedrooms, 4.5 bathrooms, with a pool table and an indoor pool room, making it an ideal retreat for large families and groups. The property underwent a comprehensive top-to-bottom renovation in 2026, with more than $150,000 invested in upgrades. Major improvements include brand new front and rear decks, new windows, two fully renovated primary bathrooms, and a beautifully updated kitchen with new countertops, flooring, backsplash, refrigerator, and dishwasher. Additional improvements include roof repairs, a complete water line replacement, and extensive structural and foundation repairs to both the cabin and the pool area. The private indoor pool and hot tub have also been refreshed with new equipment, a dedicated pool room HVAC unit, a new exhaust fan, and a dehumidifier. An added bonus is city water and sewer, with both utilities included in the monthly HOA dues, eliminating the need to maintain a septic system. Recently added to the rental program for the summer season, the cabin is already averaging approximately 90% occupancy through the summer, with Thanksgiving bookings already secured. Based on current performance and adjusted for seasonality, the property is pacing at an annualized run rate of $120,000+ This is a rare opportunity to own a fully renovated, turnkey, income-producing Smoky Mountain cabin in one of Gatlinburg's most sought-after vacation rental locations.

1274 Bear Cub Way, Gatlinburg
$919,900
2 Beds ⋅ 3 Baths ⋅ 312469 MLS ⋅ ACTIVE Status
Forever Young cabin is amazing! The views of the Smoky Mountains are absolutely incredible. This cabin has everything you need and want. Views, outdoor living, theatre room, pool table, hot tub, 2 master suites & much more. Cabin comes fully furnished and rents well. It is turnkey and will be seamless for you to continue bookings or make your forever home. This property offers something that is a very rare find. It comes with a huge outdoor metal building that has many possibilities. The building is already equipped with a kitchen, bathroom and sleeping area. Could possibly be converted to use as another rental for income, used for your business or storage. Experience downtown Gatlinburg, Pigeon Forge, Dollywood & the Great Smoky Mountain National Park. This truly a gem!

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