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.
For sale
Price cut: $5.1K (6/4)
$279,900
354 E Holly Ridge Rd #401, Gatlinburg, TN 37738
2beds
735sqft
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
- 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#: 311517
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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
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $279,900-1.8%$381/sqft |
Source: | ||
| 4/27/2026 | Listed for sale | $285,000+147.8%$388/sqft |
Source: | ||
| 8/4/2014 | Sold | $115,000$156/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $31,736 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 7/10Pi Beta Phi Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 7.7 mi
- 8/10Gatlinburg Pittman High SchoolGrades: 10-12Distance: 4.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Sevier County
- Gatlinburg
- 37738
- 354 E Holly Ridge Rd Unit 401








