Gatlinburg Falls Homes with Three Or More Stories

Gatlinburg Falls Homes with Three Or More Stories

Welcome to Gatlinburg Falls, a captivating subdivision nestled in the heart of Gatlinburg, Tennessee, where the beauty of the Smoky Mountains meets the charm of mountain living. This enchanting community offers a unique blend of modern amenities and rustic allure, making it the perfect place for those seeking a serene retreat or a vibrant vacation rental.

Gatlinburg Falls is renowned for its stunning homes, many of which boast three or more stories, providing ample space for families and guests alike. Imagine waking up to breathtaking mountain views from your private balcony, enjoying the crisp, fresh air, and feeling the stress of everyday life melt away. These spacious residences are designed for comfort and luxury, featuring open floor plans, gourmet kitchens, and cozy living areas that invite you to unwind and relax.

The community is ideally located just minutes away from the attractions of downtown Gatlinburg, including the Great Smoky Mountains National Park, where outdoor enthusiasts can hike, bike, and explore the natural beauty that surrounds them. Whether you’re looking for a permanent residence or a vacation getaway, Gatlinburg Falls offers a lifestyle that seamlessly blends adventure with tranquility.

With its picturesque setting, spacious homes, and proximity to local attractions, Gatlinburg Falls is not just a subdivision; it's a lifestyle choice for those who appreciate the beauty of nature and the comfort of modern living. Come and discover your dream home in Gatlinburg Falls, where every day feels like a getaway!

Newest Gatlinburg Falls Homes with Three Or More Stories

$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
$899,000
4 Beds ⋅ 4 Baths ⋅ 312168 MLS ⋅ ACTIVE Status
Turnkey Smoky Mountain Short-Term Rental Investment Opportunity | Designer Renovation | Mountain Views | Established Rental History Historical gross rental revenue reached $134,019 in 2023, with 2025 gross revenue of approximately $107,000. Management states 2026 is on track for $120,000+ in annual gross revenue. Turnkey investment opportunity in the Smoky Mountains offering established rental performance, recent designer updates, and continued upside potential. This professionally designed cabin recently completed a full interior redesign by a local Smoky Mountain designer, creating an elevated guest experience aligned with today's top-performing short-term rental market. Offered fully equipped and positioned for continued STR success. Located in the highly desirable Gatlinburg Falls community with convenient access to both Gatlinburg and Pigeon Forge, owners and guests enjoy resort-style amenities including a community pool, fitness center, playgrounds, walking paths, gathering spaces, and event areas. Inside, guests are welcomed with mountain views, an expansive game room, and thoughtfully curated design inspired by the surrounding National Park setting. The property delivers many of the amenities travelers actively seek when booking in the Smokies and has been intentionally equipped to support strong guest satisfaction and repeat visitation. The cabin has been well maintained and is currently professionally managed with active revenue optimization in place; however, there is no requirement to continue existing management after closing. Whether continuing as an income-producing short-term rental, enjoying as a private mountain retreat, or utilizing as a full-time residence, this property offers flexibility and long-term potential. Highlights Investors Love: Established short-term rental history Complete designer renovation Mountain views Resort-style community amenities Large game room Professionally revenue managed Strong guest appeal Opportunity for future growth Flexible use after closing High design. Proven performance. Professionally positioned. Ready for the next owner's vision.

808 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
$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
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