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.
This property is priced to sell and may be one of the most compelling opportunities on the market today.
Active
Price cut: $5K (6/24)
$274,900
354 E Holly Ridge Rd #401, Gatlinburg, TN 37738
2beds
735sqft
Condominium, Residential
Built in 1988
-- sqft lot
$-- Zestimate®
$374/sqft
$403/mo HOA
What's special
Seasonal outdoor poolOn-site parking
- 46 days
- 262
- 18
Zillow last checked:
Listing updated:
Listed by:
Penny L Cowell 865-850-4427,
Monarch Realty LLC 865-366-6528,
Devin Cowell 865-323-9166,
Monarch Realty LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3272743
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator
Features
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 735
- Total interior livable area: 735 sqft
- Finished area above ground: 735
Property
Features
- Levels: One
- Stories: 1
- Pool features: Association
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Features: Views
- Topography: Views
Details
- Parcel number: 126N H 00200C033
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Laurel Inn
HOA
- Has HOA: Yes
- Amenities included: Pool, Laundry
- HOA fee: $403 monthly
Location
- Region: Gatlinburg
Financial & listing details
- Price per square foot: $374/sqft
- Tax assessed value: $153,000
- Annual tax amount: $614
- Date on market: 7/13/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $274,900-1.8%$374/sqft |
Source: | ||
| 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








