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250 Cartertown Rd, Gatlinburg, TN, 37738

2beds
1baths
1,083sqft
$299,000
$276price/sqft
$2,182/moest. monthly cost
$87,280/yrincome needed

About This Home

Excellent investment opportunity in the heart of Gatlinburg! This updated 2-bedroom, 1-bath home is zoned C-2, offering incredible flexibility as a short-term rental, long-term rental, vacation home, or primary residence. Located within the City of Gatlinburg, you'll enjoy a peaceful, park-like setting just minutes from downtown, with easy access to the Gatlinburg Trolley and no steep mountain roads. Unwind on the covered porch or spacious deck while listening to the sounds of Horse Branch Creek. According to the seller, the property previously held a short-term rental certificate and is NOT located in a FEMA flood zone requiring flood insurance. Recent improvements include a new roof, gutters, expanded deck and porch, new flooring, refreshed ceilings, fresh interior paint, pressure-washed exterior, gravel driveway, and updated appliances. Connected to city water, sewer, natural gas, and all City of Gatlinburg services, this home is being sold fully furnished, making it truly move-in or rental ready. No HOA. Sold As Is. Survey on file.

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

7/10
4/10
8/10

Construction

Condition

  • Year built: 1958

Materials

  • Roof: Metal
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Dryer,Electric Range,Microwave,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Luxury Vinyl,Tile,Vinyl

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,083
  • Total interior livable area: 1,083 sqft

Property

Details

  • Parcel number: 127A A 06000 000
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 1
  • Patio & porch: Deck
  • Fencing: Full
  • Topography of land: Level

Lot

  • Lot size: 0.45 Acres
  • Features: Level

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance $97$1,164
Property Taxes $399$4,788
Electricity $175$2,103
Total$2,182$26,184

Income You'd Need if You Spent...

35% on housing$74,811/yr
40% on housing$65,460/yr
45% on housing$58,186/yr

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.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 37738$291
Sevier County$280

vs Homes Sold Last Month

Median $/sqft

ZIP 37738$352
Sevier County$286

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

DateEventPrice
2026-07-27Price change$299,000
2026-07-16Listed for sale$339,000
2025-12-04Listing removed$274,900
2025-05-21Price change$274,900
2025-05-14Price change$274,909
2025-05-07Price change$274,990
2025-04-30Price change$274,999
2025-04-09Listed for sale$275,000
2021-06-04Sold$160,000
2021-05-26Pending sale$189,000
2021-05-22Listed for sale$189,000
2021-03-28Listing removed--
2021-03-14Pending sale$216,000
2021-02-16Listed for sale$216,000
1996-09-30Sold$57,500
1995-07-14Sold$35,000
1994-04-05Sold$43,000

For Sale by Agent

AgentDillon Cate
BrokerageKeller Williams Smoky Mountains

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