204 Hill St, Gatlinburg, TN 37738
(MLS # 1338998)
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Rare opportunity to own a truly unique 6-bed, 6-bath property just a quarter mile from downtown Gatlinburg. Previously operated as a long-running bed & breakfast, it was converted to a single-unit short-term rental in 2021. Projections over $140K and It did consistently generate $140K-$150K annually in its B&B days. Each of the six bedrooms has its own private bathroom, offering a setup that's ideal for large groups. Two of the queen rooms have extra beds, and three of the rooms feature their own electric fireplaces. The main living space includes a gas fireplace, a full bar, and plenty of seating, with a large adjoining dining area that also includes an arcade game and space to expand the seating even further. The fully stocked kitchen offers all a group will need. Outside you'll find a private gazebo with gas grill and a six-person hot tub�great for relaxing after a day in the park. There's also a stocked fishing river just steps away and plenty of flat parking, which is a real plus this close to town. A property like this, walkable to downtown, with individual en-suite bedrooms and a solid income projections, doesn't come around often. Don't miss owning a piece of Gatlinburg History!
| LAST UPDATED | 4/30/2026 | TRACT | Smokey Heights |
|---|---|---|---|
| YEAR BUILT | 1955 | COMMUNITY | Sevier County - 27 |
| COUNTY | Sevier County - 27 | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Gas Cooktop, Gas Range, Microwave, Range, Refrigerator, Washer |
| AREA | Sevier County - 27 |
| BASEMENT | Finished, Walk-Out Access, Yes |
| CONSTRUCTION | Frame, Wood Siding |
| EXTERIOR | Gas Grill |
| FIREPLACE | Yes |
| HEAT | Central, Electric, Heat Pump |
| INTERIOR | Kitchen Island |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Chalet, Historic |
| SUBDIVISION | Smokey Heights |
| TAXES | 2512.6 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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