For sale

$599,000

517 Laurel Ave, Gatlinburg, TN 37738

2beds

1,537sqft

$3,411/mo

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Single Family Residence, Residential

Built in 1950

0.47 Acres Lot

$555,400 Zestimate^®

$390/sqft

$-- HOA

What's special

Tucked away close to the river in downtown Gatlinburg the next to the most visited National Park in the United States. Property like this doesn't come up for sale very often. Take this opportunity to own a piece of Gatlinburg. Move into the house now rent it. Not only are you purchasing the lot the house is built on but a 2nd lot that can be built on. With city water and sewer already on the property you could instantly start building your second home in the heart of Gatlinburg. This little quaint neighborhood has a mixture of full time residents and vacation rental home in it. This is a must have.

79 days

66

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Primary bedroom

Level: First

Primary bathroom

Level: First

Dining room

Level: First

Kitchen

Level: First

Laundry

Level: First

Living room

Description: Fireplace
Level: First

Heating

Central, Heat Pump, Other

Cooling

Central Air, Heat Pump

Appliances

Included: Electric Cooktop, Electric Water Heater
Laundry: Electric Dryer Hookup, Laundry Closet, Laundry Room, Main Level

Features

Ceiling Fan(s), Eat-in Kitchen, Kitchen/Dining Combo, Walk-In Closet(s)
Flooring: Hardwood, Painted/Stained, Tile, Vinyl
Doors: Storm Door(s)
Basement: None
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,537
Total interior livable area: 1,537 sqft
Finished area above ground: 1,537
Finished area below ground: 0

Property

Parking

Parking features: Driveway, Gravel

Features

Levels: One
Stories: 1
Patio & porch: Covered, Enclosed, Porch
Exterior features: Rain Gutters
Frontage type: Other

Lot

Size: 0.47 Acres
Dimensions: 140M x 146M IRR
Features: City Lot, Corner Lot, Front Yard, Level, Private

Details

Additional structures: Outbuilding
Parcel number: 126F A 01600 000
Zoning: R2

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage,Craftsman,Traditional,Other
Property subtype: Single Family Residence, Residential

Materials

Vinyl Siding
Foundation: Slab
Roof: Metal

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, High Speed Internet Available, Internet Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Smokey Heights

HOA

Has HOA: No

Location

Region: Gatlinburg

Financial & listing details

Price per square foot: $390/sqft
Tax assessed value: $176,600
Annual tax amount: $708
Date on market: 5/28/2026
Listing terms: 1031 Exchange,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$555,400

$528,000 - $583,000

$2,475/mo

Price history

Date	Event	Price
5/28/2026	Listed for sale	$599,000+470.5%$390/sqft
Source: GSMAR, GSMMLS #312013 Report a problem
3/15/2017	Listing removed	$900$1/sqft
Source: All Pro Property Management Services Report a problem
3/7/2017	Listed for rent	$900$1/sqft
Source: All Pro Property Management Services Report a problem
3/28/2005	Sold	$105,000$68/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$709	$44,150
2024	$709	$44,150
2023	$709	$44,150
2022	$709	$44,150
2021	--	$44,150 +32.3%
2020	$674 +8.6%	$33,375
2019	$621 -7.9%	$33,375
2018	$674 0%	$33,375
2017	$674	$33,375
2016	$674	$33,375 -3.3%
2015	--	$34,500 0%
2014	$617	$34,506
2013	$617 0%	$34,506
2012	$618 +0%	$34,506
2011	$617	$34,506
2010	--	$34,506 -7%
2009	$627	$37,101
2008	$627 +28.1%	$37,101 +28.1%
2007	$489 +13.4%	$28,961
2006	$431 -19%	$28,961
2005	$532 +4.8%	$28,961 +4.8%
2004	$508 +12.9%	$27,643
2002	$450	$27,643
2001	--	$27,643 -75%
2000	--	$110,571