$239,900
About this home
Downtown Gatlinburg Condo with Direct Parkway Access | 2BR/2BA | Laurel Inn Unit 401 at Laurel Inn Condominiums, a fully furnished 2-bedroom, 2-bath condo offering unbeatable location, parkway access, and investment potential. July 2026 Gross income $2492.86, June 2026 Gross Income $2285.71, May 2026 Gross Income $1571.43. 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, Mid 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. VERY WELL MAINTAINED- REDUCED!
Highlights
Property details
- MLS #
- 1358001
- Property type
- Condominium
- Subdivision
- Laurel Inn
- Status
- Active
- Days on market
- 5
- On market date
- October 6, 2026
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.01 acres
Location
Get directions →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).
- Enrollment
- 316
- Student:teacher ratio
- 11.3:1
- District
- Sevier County
- Enrollment
- 410
- Student:teacher ratio
- 12.4:1
- District
- Sevier County
- 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).
Market position
How this listing compares to current activity in Gatlinburg, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 3 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.