204 Hill Street, Gatlinburg, TN 37738

• 6 beds |
• 6 baths |
• 3,246 sqft

Property Description

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!

Listing Status:

Active

Date Added:

April 30, 2026

Data Last Updated:

May 15, 2026 at 11:39PM

Listing Office:

eXp Realty, LLC 7720 : 888-519-5113

MLS ID:

311598

Interior

• General: Ceiling Fan(s)Granite CountersHigh Speed InternetKitchen IslandPantryStorageWalk-In Closet(s)Walk-In Shower(s)
• Appliances: DryerDisposalDishwasherElectric Water HeaterGas CooktopGas RangeMicrowaveRefrigeratorRange HoodWasher
• Laundry: Electric Dryer HookupInsideLower LevelLaundry RoomWasher Hookup
• Basement: FinishedFullWalk-Out Access
• Flooring: CarpetHardwoodLuxury VinylTile
• A/C: Central AirDuctlessElectric
• Heating: CentralDuctlessElectricHeat Pump
• Fireplace: ElectricGas LogFireplaceFireplaces: 4

Exterior

• General: Gas GrillStorageLightingGazeboShed(s)Storage
• Style: HistoricalTraditionalVictorian
• Pool: Hot Tub
• Parking: GravelOff StreetOn Site

Construction

• Roofing: Composition
• Windows: BlindsDrapesWindow Coverings
• General: FrameWood SidingThree Or More

Location

• Road/Access: City Street
• Originating MLS: Great Smoky Mountains Association of REALTORS®
• County: Sevier

Lot

• Zoning: R2126E A 00500 000
• Fencing: GatePartialWood

Utilities

• Utilities: High Speed Internet ConnectedCable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedInternet Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Great Smoky Mountains Association of REALTORS®