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For sale
  • Price cut: $5.1K (6/4)
    $279,900

    354 E Holly Ridge Rd #401, Gatlinburg, TN 37738

    2beds
    735sqft
    : 
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    Condominium, Residential
    Built in 1988
    -- sqft lot
    $263,500 Zestimate®
    $381/sqft
    $403/mo HOA

    What's special

    Seasonal outdoor poolElevator access no stairsOn-site parkingLaundry facilities
    Turnkey Downtown Gatlinburg Condo with Direct Parkway Access | 2BR/2BA | Laurel Inn Opportunity is knocking in the heart of Gatlinburg. Welcome to Unit 401 at Laurel Inn Condominiums, a fully furnished 2-bedroom, 2-bath condo offering unbeatable location, walkability, and investment potential just steps from the Gatlinburg Parkway. This fourth-floor unit features true convenience with elevator access, no stairs, and a prime position just off the elevator for easy entry. A private pedestrian walkway leads directly to the Parkway, placing dining, shopping, attractions, and entertainment right outside your door. Located within city limits with full city services, this property offers flexible use as a short-term rental, second home, or full-time residence. Rental options include on-site management or self-management, giving owners full control of their investment strategy. Laurel Inn amenities include on-site parking, seasonal outdoor pool, and laundry facilities, all contributing to guest satisfaction and repeat bookings. Set in one of the most visited destinations in the Southeast and minutes from Great Smoky Mountains National Park, this location consistently drives strong year-round tourism and rental demand. And here is the upside: with just a pinch of inspiration, this classic 1980s condo could be transformed into a standout short-term rental or stylish mountain retreat, making it one of the best value-add opportunities currently available in downtown Gatlinburg. Offered at $285,000, this property is priced to sell and may be one of the most compelling opportunities on the market today.
    55 days
    |
    255
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Penny L. Cowell 865-850-4427,

    Monarch Realty LLC 865-366-6528,

    Devin Cowell

    Source: GSMAR, GSMMLS,MLS#: 311517MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Features
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      • Furnished: Yes
      Interior area
      • Total structure area: 735
      • Total interior livable area: 735 sqft
      • Finished area above ground: 735
      • Finished area below ground: 0

      Property

      Features
      • Patio & porch: Covered
      • Pool features: Association
      • Has view: Yes
      • View description: City, Mountain(s)
      Details
      • Parcel number: 126N H 00200C033
      • Zoning: C2

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Residential
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Laurel Inn
      HOA
      • Has HOA: Yes
      • Amenities included: Coin Laundry, Elevator(s), Maintenance Grounds, Pool
      • HOA fee: $403 monthly
      • HOA name: Laurel Inn HOA
      • HOA phone: 865-436-0400
      Location
      • Region: Gatlinburg

      Financial & listing details

      • Price per square foot: $381/sqft
      • Tax assessed value: $153,000
      • Annual tax amount: $614
      • Date on market: 4/27/2026
      • Listing terms: 1031 Exchange,Cash,Conventional

        Estimated market value

        $263,500

        $250,000 - $277,000

        $1,946/mo

        Price history

        DateEventPrice
        6/4/2026Price change$279,900-1.8%$381/sqft
        Source: GSMAR, GSMMLS #311517 Report a problem
        4/27/2026Listed for sale$285,000+147.8%$388/sqft
        Source: GSMAR, GSMMLS #311517 Report a problem
        8/4/2014Sold$115,000$156/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$614 $38,250
        2024$614 $38,250
        2023$614 $38,250
        2022$614 $38,250
        2021-- $38,250 +53.8%
        2020$502 +8.6%$24,875
        2019$463 -7.9%$24,875
        2018$502 +0.1%$24,875
        2017$502 -0.2%$24,875
        2016$503 $24,875 -21.6%
        2015-- $31,725 0%
        2014$568 $31,736

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 37738

          Getting around

          49 / 100
          Car-Dependent
          18 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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