Montgomery Woods Homes with Three Or More Stories

Welcome to Montgomery Woods, a hidden gem nestled in the heart of Gatlinburg, Tennessee. This picturesque subdivision offers a unique blend of natural beauty and modern living, making it an ideal choice for families, retirees, and anyone looking to embrace the tranquility of the Smoky Mountains.

Montgomery Woods is characterized by its stunning landscapes, where lush greenery meets the breathtaking views of the surrounding mountains. The area is known for its serene atmosphere, perfect for those who appreciate the great outdoors. Residents can enjoy hiking trails, wildlife watching, and the charm of Gatlinburg, which is just a short drive away, offering a variety of dining, shopping, and entertainment options.

One of the standout features of Montgomery Woods is its impressive selection of homes, particularly those with three or more stories. These spacious residences are designed to cater to a variety of lifestyles, providing ample room for families or individuals who love to entertain. With multiple levels, these homes offer stunning views and plenty of space for creativity, whether you envision a cozy home office, a game room, or a peaceful retreat.

Living in Montgomery Woods means you’re not just buying a home; you’re investing in a lifestyle filled with adventure and relaxation. Experience the best of Gatlinburg living with the comfort of spacious homes, all while being surrounded by the natural beauty that East Tennessee is renowned for. Discover your dream home in Montgomery Woods today and start your journey in this enchanting community!

Newest Montgomery Woods Homes with Three Or More Stories

$950,000

5 Beds ⋅ 3 Baths ⋅ 310113 MLS ⋅ ACTIVE Status

$100,000+ in Annual Rental Revenue | Luxury Five-Bedroom Cabin Near Downtown Gatlinburg An exceptional opportunity to acquire a proven, income-producing luxury cabin in one of East Tennessee's most coveted mountain destinations—offering both immediate performance and long-term upside. Producing over $100,000 in annual rental revenue in both 2024 and 2025, reflecting consistent performance in a competitive and challenging STR market. This 2,800-square-foot Smoky Mountain retreat presents a compelling acquisition for buyers seeking lifestyle, location, and return. Thoughtfully designed for group travel and multi-generational gatherings, the five-bedroom, three-bath residence combines generous scale with practical luxury. Open living areas, flexible sleeping arrangements, and strong indoor-outdoor flow create an environment that appeals to today's discerning vacationers while allowing an owner the opportunity to further elevate the home with personal design touches. Set just minutes from downtown Gatlinburg and conveniently accessed via Highway 321, the property benefits from city utilities, ease of year-round access, and proximity to the area's most visited attractions. Rocky Top Sports World lies less than three miles away, while the entrance to Great Smoky Mountains National Park is under five miles—an ideal positioning that consistently drives demand among families, sports groups, and destination travelers. Outdoor living is a defining feature. Expansive decks overlook wooded privacy with filtered mountain views, offering multiple spaces to gather, dine, or unwind. A private hot tub, fire-pit setting, and outdoor dining areas create a quintessential Smoky Mountain experience—equally suited to personal enjoyment or high-performing short-term rental use. Whether acquired as a luxury vacation rental, a second home with meaningful income, or a strategic foothold in one of Tennessee's most resilient mountain markets, this property delivers a rare balance of location, performance, and lifestyle appeal. Well-established income history, strong guest demand, and the ability to further refine and personalize the asset make this a standout offering in the Gatlinburg luxury cabin market.

531 Gatlin Drive, Gatlinburg

$1,199,900

4 Beds ⋅ 5 Baths ⋅ 309329 MLS ⋅ ACTIVE Status

A rare non-STR luxury opportunity in Gatlinburg--brand new with unobstructed mountain views and designed for private ownership or premium 30+ day rentals. Just 2 miles from downtown, this four-level retreat delivers privacy, stability, and a completely different investment profile than typical nightly rentals... Just Reduced | ~$250K Below Recent Appraised Value -- BRAND NEW (2025) Fully Furnished Modern-Contemporary Luxury with TO DIE FOR UNOBSTRUCTED MOUNTAIN VIEWS Unlike most properties in the area, this home is not eligible for nightly rentals, making it a compelling fit for buyers seeking privacy, reduced turnover, and a more stable rental model through mid-term (30+ day) or long-term stays. Ideal for corporate, executive, relocation, or extended-stay tenants, this property offers a differentiated investment approach in a market saturated with short-term rentals. Located just ~2 miles from Downtown Gatlinburg and minutes to Anakeesta, Ober Mountain, the Arts & Crafts Community, Dollywood, the Great Smoky Mountains National Park, Sevierville, and Pigeon Forge, this FOUR-LEVEL showpiece delivers both prime accessibility and elevated privacy, with breathtaking panoramic views of Mount Le Conte captured from every level and room. Boasting over 3,200 sq ft, this 4BR | 4.5BA + GAME ROOM + OFFICE residence seamlessly blends modern design with functional luxury--perfect as a refined primary residence, trophy second home, or high-quality mid/long-term rental asset with strong monthly income potential. Step inside to a bright, open-concept main level designed to impress, featuring dramatic high ceilings, expansive windows, and a sleek electric fireplace, all framing stunning mountain views. The chef's kitchen is equally striking, equipped with quartz countertops, custom cabinetry, stainless steel appliances, and an oversized island ideal for entertaining. French doors extend the living space onto a wrap-around deck, creating a seamless indoor-outdoor experience with unforgettable panoramic scenery. The upper level hosts a private King ensuite retreat with cathedral ceilings, front-facing mountain views, dual vanities, and a beautifully tiled walk-in shower, complemented by a spacious walk-in closet and adjacent office/flex space--perfect for remote work or extended stays. The lower levels are thoughtfully designed for both comfort and entertainment, offering multiple ensuite bedrooms with private deck access and sweeping views, along with a fully equipped game room, theater area, wet bar, and sauna--creating a true destination-style living experience. Outdoor living is exceptional, featuring four expansive tiered decks, a private hot tub, lounge-style seating, grilling area, and fire pit--ideal for enjoying the serene Smoky Mountain setting and unforgettable sunsets. Easy paved access and ample parking for multiple vehicles--a rare and highly desirable feature in the area--ensure convenience for both owners and guests.

611 IVY Road, Gatlinburg

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