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Screenshot 2026-10-02 at 2.27.02PM - 329 Ownby St 1402, Gatlinburg, TN 37738, Gatlinburg
26 photos

$479,900

329 Ownby St 1402, Gatlinburg, TN 37738
Gatlinburg, TN 37738
Listed by Derek Maples · Compass Ventures, LLC
Bedrooms
2
Bathrooms
2
Living area
N/A
Year built
2016

About this home

$70,000 RENTAL GUARANTEE!! On top of the rental guarantee, chat with your accountant about the possibility of enormous tax advantages through bonus depreciation and a cost segregation study. Stabilized NOI of roughly 35K. 1.28X DSCR. Are you ready to start your Smoky Mountain real estate portfolio, but don't have a million dollars to begin? This condo is less than .2 miles to Gatlinburg Parkway, .4 miles to GSMNP entrance, and .5 miles to Gatlinburg Trail Trailhead. This complex was completed in 2026 so all the mechanicals and big ticket items have decades left on them before they should need replacing.

Property details

MLS #
1357665
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 2, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.01 acres
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Pi Beta Phi Elementary
0.86 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
316
Student:teacher ratio
11.3:1
District
Sevier County
Middle
Gatlinburg Pittman Junior High
4.79 mi away · Grades 7-9
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
410
Student:teacher ratio
12.4:1
District
Sevier County
High
Gatlinburg Pittman High
4.79 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
388
Student:teacher ratio
10.8:1
District
Sevier County

Walkability

Blended score for Gatlinburg's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

55
Somewhat walkable
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
80 / 100
Restaurants & cafes20
Grocery stores8
Parks11
Schools1
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Gatlinburg, from live MLS data.

On the market 1 days -- 127 fewer days than Gatlinburg's current average of 128 days.
For reference, the median list price across 359 active listings in Gatlinburg right now is $479,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,040/mo
$95,980 down
$383,920 loan
Principal & interest$2,490
Property tax (est.)$400
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.