Gatlinburg Falls Homes with Basement

Gatlinburg Falls Homes with Basement

Welcome to Gatlinburg Falls, a picturesque subdivision nestled in the heart of Gatlinburg, Tennessee, within the scenic Sevier County. This charming community offers a perfect blend of rustic charm and modern amenities, making it an ideal destination for those seeking a serene mountain lifestyle.

Gatlinburg Falls is renowned for its stunning views of the Great Smoky Mountains, providing residents with a breathtaking backdrop that changes with the seasons. Whether you’re sipping coffee on your porch in the morning mist or enjoying a sunset barbecue with friends, the natural beauty surrounding this community is simply unmatched.

One of the standout features of homes in Gatlinburg Falls is the availability of properties with basements. These versatile spaces can be transformed into cozy entertainment areas, home gyms, or even additional guest accommodations. Imagine hosting family gatherings or game nights in a spacious basement that adds both functionality and character to your home.

The subdivision is conveniently located just minutes from downtown Gatlinburg, where you can explore charming shops, delectable dining options, and an array of outdoor activities. From hiking the trails of the Smoky Mountains to enjoying the vibrant arts and crafts scene, there’s no shortage of adventure just a stone's throw away.

If you’re searching for a home that combines comfort, style, and an unbeatable location, Gatlinburg Falls is the perfect place to call home. Discover the joy of mountain living and make your dream a reality in this enchanting community!

Newest Gatlinburg Falls Homes with Basement

$875,000
3 Beds ⋅ 4 Baths ⋅ 1342889 MLS
Smoky Mountain fun is built into every level at 826 Great Smoky Way! Set inside Gatlinburg Falls Resort, this fully furnished 3 bed, 4 full bath cabin offers 2,300 sq ft on approximately 0.10 acres, with warm wood interiors, multiple covered decks, and a beautiful view toward Mt. Le Conte. The main level keeps everything connected with an open kitchen, dining area, and living room centered around a cozy gas-log fireplace, plus a private bedroom suite for convenient main-level living. Downstairs, two additional bedroom suites add comfortable separation for overnight guests. Head all the way up and the entire top floor turns into the fun zone, complete with a spacious game room, bunk space, lounge area, and its own full bathroom. Outside, enjoy classic Smoky Mountain cabin time with covered porches, wooded surroundings, deck seating, and a private hot tub after a day of exploring. The resort setting adds wide, well-lit streets along with clubhouse and pool access, giving owners and guests extra ways to relax between adventures. Conveniently positioned near downtown Gatlinburg, Great Smoky Mountains National Park, Anakeesta, Gatlinburg SkyPark, Ripley's Aquarium of the Smokies, Ober Mountain, Pigeon Forge, and Dollywood, this turnkey cabin is ready for mountain getaways, a second-home retreat, or short-term rental use. For primary residential only, receive 1% rate reduction for 12 months when using seller's preferred lender at no cost to the buyer..

826 Great Smoky Way, Gatlinburg
$488,000
1 Beds ⋅ 2 Baths ⋅ 1339480 MLS
Located just 10 minutes from downtown Gatlinburg, this one-bedroom, two-bathroom cabin in the sought-after Gatlinburg Falls resort offers a prime investment opportunity or private escape within city limits. With nearly 1,500 square feet across two full levels, the cabin is thoughtfully designed for both comfort and rental performance. The main level features an open-concept living room with soaring ceilings, a cozy stacked stone fireplace, and abundant natural light, along with a full kitchen, dining space, and the primary bedroom and bathroom. The lower level expands the living space with a generously sized recreation room outfitted with arcade consoles, a pool table, bunk beds, additional lounge seating, and a second full bathroom--perfect for entertaining guests or maximizing rental flexibility. Both levels offer deck access, with the lower level featuring a private hot tub and outdoor seating area, while the main-level deck includes additional furnishings for relaxing or dining al fresco. Notable improvements include a new water heater, new flooring on the lower level, a new shower, new blinds, and a full exterior stain completed in 2022--enhancing both aesthetics and functionality. The cabin has a proven track record as a self-managed short-term rental and benefits from its location in a high-performing community known for strong occupancy and guest satisfaction. Paved roads, city utilities, and community amenities round out the appeal, making this a turn-key option for those seeking immediate rental income or a personal mountain retreat with all the perks of Gatlinburg living.

834 Great Smoky Way, Gatlinburg
$745,000
3 Beds ⋅ 3 Baths ⋅ 1338793 MLS
This cabin in the highly sought after Gatlinburg Falls Resort is now for sale! With Gorgeous mountain views and being just minutes from downtown Gatlinburg this home makes for a great short term rental! This home has been a consistent producer doing 2025-$62,607; 2024-$62,546; 2023-$74,106; 2022-$89,475! With 3 floors, this property will have something for everyone! A generous 3 bedrooms with 2 of them being ensuites with electric fireplaces that are perfect for setting a great ambiance. The living room features sky high cathedral ceilings and an open loft above. A split game space in the basement and loft can provide hours of entertainment. Dedicated theater amenity and double decks on each floor on the front and back of the home provide plenty of space to enjoy the outdoors. Relax by the community pool on hot summer days and experience all that the Sevier County area has to offer!

714 Mountain Stream Way, Gatlinburg
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