I see you are from central TN… are you simply looking to hangout around the timeshare for the weekend?
Personally, we stay away from the tourist traps, avoiding Pigeon Forge at all costs, as well as downtown Gatlinburg. We focus instead on all there is to see and do in Smokey Mountain Park at large, but you need to be willing to drive a bit.
The elk herds can be seen at Oconaluftee and Cataloochee. Once in Oconaluftee, there is a heritage farm homestead similair to Cade’s Cove. I think it is better in terms of an exhibit. It is smaller and more easily accessible, and there is more to see. All of that is FREE. From there you are also close to Cherokee, NC. Although some of that is a little cheesy, the museum there is worth 1.5 to 2 hours of your time, and it doesn’t break the bank. Afterwards, you can grab a bison burger or Indian taco for lunch at Paul’s restaurant.
Another fantastic place is Max Patch – ask someone at the resort for directions, and plan an afternoon picnic there; people take wine and cheese and pets even, it is a magical place, and an adventurous drive.
As for the local Gatlinburg scene, there is plenty to see and do along the Glade Rd/Buckhorn Rd Crafter’s village. Lots of shops, galleries, and places to eat, and it is all outside of town. There is also the Forbidden Caverns located between PF and Sevierville. A 10 year old will love that.