204 Hill St, Gatlinburg, TN, 37738
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1955
Materials
- Construction materials: Wood Siding,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Historic,Chalet
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Range,Gas Cooktop,Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Walk-Out Access,Finished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Features
- Kitchen Island
- Flooring: Carpet,Hardwood,Tile
- Number of fireplaces: 4
- Fireplace features: Electric,Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Heat Pump,Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 3,246
- Total interior livable area: 3,246 sqft
Property
Details
- Parcel number: 126E A 005.00
Features
- Exterior features: Gas Grill
Lot
- Lot size: 7,405 sqft
- Features: Corner Lot
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Inland Flooding
- Cold Wave
- Earthquake
- Landslide
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,293 | $51,516 |
| Home Insurance | $277 | $3,324 |
| Property Taxes | $1,135 | $13,620 |
| Electricity | $263 | $3,164 |
| Total | $5,968 | $71,616 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Listed for sale | $899,000 |
| 2026-03-01 | Listing removed | $899,000 |
| 2026-02-10 | Price change | $899,000 |
| 2025-07-08 | Listed for sale | $949,000 |
| 2025-06-01 | Listing removed | $999,900 |
| 2025-04-24 | Price change | $999,900 |
| 2025-03-11 | Price change | $1,099,000 |
| 2025-02-16 | Listed for sale | $1,199,000 |
| 2024-10-01 | Listing removed | $1,249,999 |
| 2024-06-27 | Price change | $1,249,999 |
| 2024-04-17 | Price change | $1,399,999 |
| 2024-04-03 | Listed for sale | $1,420,000 |
| 2021-06-01 | Sold | $870,000 |
| 2020-05-23 | Price change | $815,000 |
| 2019-08-31 | Listed for sale | $819,000 |
| 2008-04-30 | Sold | $520,625 |
| 2002-04-18 | Sold | $329,000 |
| 1997-05-22 | Sold | $215,000 |
| 1994-02-01 | Sold | $189,900 |
For Sale by Agent
View on Zillow