The story
Unit UNIT 401 at 354 East Holly Ridge Road is a 2-bedroom, 2-bathroom condo in Gatlinburg, TN with 735 sq ft of living space, built in 1988. It is currently listed at $239,900, with a monthly HOA fee of $403. Highlights include city and mountain views and a fireplace.
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!
