Laurel Lick STR Estate & Development Opportunity
293 Laurel Lick Road combines established short-term rental income, substantial acreage, resort-style amenities, and future development potential within a single Sevier County acquisition. The 23.74-acre property is anchored by an approximately 4,800-square-foot barndominium-style retreat currently generating more than $100,000 in annual rental revenue.
The existing four-bedroom residence is designed around group stays and guest experience. Amenities include a pool, hot tub, indoor pickleball court, pond, creek, outdoor gathering areas, cathedral ceilings, a fireplace, and multiple entertainment spaces. These features create a differentiated hospitality product capable of serving families, groups, retreats, and vacation-rental guests.
Beyond the existing operation, a preliminary subdivision concept outlines a potential 14-lot configuration consisting of 13 additional lots plus the existing residence. This creates several potential execution paths, including phased cabin development, an expanded short-term rental portfolio, individual lot sales, a private family compound, or a long-term land-hold strategy. Any subdivision or development remains subject to applicable governmental review and approvals.
The property’s acreage allows an investor to maintain current rental operations while evaluating future expansion. That combination can reduce reliance on speculative development alone: the existing asset provides present income, while the surrounding land creates longer-term optionality.
Located within convenient reach of Pigeon Forge, Gatlinburg, Dollywood, The Island, and Great Smoky Mountains National Park, the property benefits from the attractions and year-round visitation supporting the Smokies’ hospitality economy. Offered at $2,500,000, Laurel Lick provides the opportunity to acquire an operating mountain destination today while controlling a scalable real estate platform for tomorrow.
