Gatlinburg Homes under $500,000

2 Beds ⋅ 3 Baths ⋅ 2,080 SqFt. ⋅ 1360045 MLS ⋅ ACTIVE Status

Projected Rental Income of over 74k! Step into a piece of Smoky Mountain character with this well-maintained chinked log cabin, ideally located in the highly sought-after Cobbly Nob community. Offering a rare blend of privacy and convenience, the property feels tucked away with no immediate neighboring cabins, yet remains just a short drive to downtown Gatlinburg's attractions. Deceptive in size, this cabin offers approximately 2,080 square feet across three levels, providing plenty of room to spread out. The layout includes a main-level bedroom with a queen bed, two queen beds in the open loft upstairs, and a lower-level bedroom with an additional queen bed and futon--comfortably sleeping 8-10 guests in its current configuration. With 3 full bathrooms, the home is well-suited for hosting family and guests. Designed for both relaxation and entertainment, the cabin features two spacious decks, a hot tub for unwinding after a day in the mountains, and a dedicated game room complete with a pool table and arcade. Recent updates enhance both function and appeal, New HVAC, (April 2026) including a newer roof (2021), freshly re-stained exterior logs (2022), retaining wall (2025), fully renovated kitchen and bathrooms (2020) featuring two walk-in showers (2024) and a large soaking tub (2020) , new interior wood doors, new wood flooring (2023), all while preserving the cabin's original character. And it's most recent: re-stuccoed exterior chimney. (Oct 2026) Cobbly Nob HOA dues provide added value with access to three community pools, and a pickleball court. One of the standout benefits is road maintenance during winter weather, offering added peace of mind and accessibility year-round. While this property would make an excellent short-term rental, it has primarily been enjoyed by the current owners, their family, and friends, so there is no consistent rental income history to report. AirDNA report uploaded to photos. Whether you're looking for a private mountain getaway or a future investment opportunity, this property delivers space, seclusion, and location in one of Gatlinburg's most desirable communities.

519 Picadilly Lane, Gatlinburg

$425,000

3 Beds ⋅ 2 Baths ⋅ 1,478 SqFt. ⋅ 1359938 MLS ⋅ ACTIVE Status

CHARMING 3BR/2BA HOME surrounded by rhododendrons in a PRIVATE WOODED SETTING just 8 minutes from downtown Gatlinburg, 4 minutes from the Gatlinburg Community Center, and 5 minutes from the Great Smoky Mountains National Park's Greenbrier entrance! A COVERED FRONT PORCH stretches along the home, while an open back deck offers another inviting spot to relax and enjoy the peaceful, park-like surroundings. Inside, GLEAMING WOOD FLOORS welcome you into the living room. The spacious MAIN-LEVEL PRIMARY SUITE features a walk-in closet and private bath. On the opposite end of the living area, the kitchen opens to the dining area for easy everyday living. Upstairs, two additional bedrooms share an open hallway and full bathroom. AMPLE CLOSET SPACE throughout, plus a TWO-CAR GARAGE and BONUS SPACE downstairs provide plenty of room for storage, hobbies, and more. NEW UPSTAIRS HVAC, CITY WATER AND SEWER, paved roads all the way to the home, and a concrete driveway complete this inviting mountain property. Wiring in place for generator. Double lot for extra privacy with potential to fill in an area for additional parking. A peaceful mountain home in a beautiful wooded setting with convenient access to Gatlinburg and the national park.

204 Stott Lane, Gatlinburg

$425,000

3 Beds ⋅ 2 Baths ⋅ 1,478 SqFt. ⋅ 3626134 MLS ⋅ ACTIVE Status

CHARMING 3BR/2BA HOME surrounded by rhododendrons in a PRIVATE WOODED SETTING just 8 minutes from downtown Gatlinburg, 4 minutes from the Gatlinburg Community Center, and 5 minutes from the Great Smoky Mountains National Park’s Greenbrier entrance! A COVERED FRONT PORCH stretches along the home, while an open back deck offers another inviting spot to relax and enjoy the peaceful, park-like surroundings. Inside, GLEAMING WOOD FLOORS welcome you into the living room. The spacious MAIN-LEVEL PRIMARY SUITE features a walk-in closet and private bath. On the opposite end of the living area, the kitchen opens to the dining area for easy everyday living. Upstairs, two additional bedrooms share an open hallway and full bathroom. AMPLE CLOSET SPACE throughout, plus a TWO-CAR GARAGE and BONUS SPACE downstairs provide plenty of room for storage, hobbies, and more. NEW UPSTAIRS HVAC, CITY WATER AND SEWER, paved roads all the way to the home, and a concrete driveway complete this inviting mountain property. Wiring in place for generator. Double lot for extra privacy with potential to fill in an area for additional parking. A peaceful mountain home in a beautiful wooded setting with convenient access to Gatlinburg and the national park.

204 Stott Ln, Gatlinburg

$450,000

2 Beds ⋅ 2 Baths ⋅ 1,008 SqFt. ⋅ 3624315 MLS ⋅ ACTIVE Status

High above Gatlinburg, this two-bedroom, two-bath mountain home pairs vacation-ready comfort with an enviable location near Ober Mountain. Offering 1,040 square feet across two levels, it provides a practical layout for personal getaways, full-time enjoyment, or an established short-term rental strategy. Already set up as a vacation rental, welcoming guests throughout the summer and over every holiday. That track record gives investors a valuable head start, while the manageable footprint helps keep ownership refreshingly straightforward. The setting is the real scene-stealer. Ober Mountain is just down the road for skiing, rides, dining, and year-round entertainment. Downtown Gatlinburg is only minutes away, with restaurants, shops, and mountain attractions nearby. Anakeesta offers elevated adventures nearby, while Pigeon Forge and Dollywood are approximately 15 minutes away--close enough for spontaneous fun without putting you in the middle of the bustle. Between outings, guests can settle into a cozy Smoky Mountain base that makes planning the next adventure almost too easy. Whether you are seeking rental income, a personal retreat, or a foothold in Gatlinburg's busy visitor market, this home presents a compelling opportunity at an appealing entry point. Schedule your private showing today and see how naturally this mountain property fits your investment or getaway goals.

1161 Ski Mountain Rd, Gatlinburg

$450,000

2 Beds ⋅ 2 Baths ⋅ 1,008 SqFt. ⋅ 1359760 MLS ⋅ ACTIVE Status

High above Gatlinburg, this two-bedroom, two-bath mountain home pairs vacation-ready comfort with an enviable location near Ober Mountain. Offering 1,040 square feet across two levels, it provides a practical layout for personal getaways, full-time enjoyment, or an established short-term rental strategy. Already set up as a vacation rental, welcoming guests throughout the summer and over every holiday. That track record gives investors a valuable head start, while the manageable footprint helps keep ownership refreshingly straightforward. The setting is the real scene-stealer. Ober Mountain is just down the road for skiing, rides, dining, and year-round entertainment. Downtown Gatlinburg is only minutes away, with restaurants, shops, and mountain attractions nearby. Anakeesta offers elevated adventures nearby, while Pigeon Forge and Dollywood are approximately 15 minutes away--close enough for spontaneous fun without putting you in the middle of the bustle. Between outings, guests can settle into a cozy Smoky Mountain base that makes planning the next adventure almost too easy. Whether you are seeking rental income, a personal retreat, or a foothold in Gatlinburg's busy visitor market, this home presents a compelling opportunity at an appealing entry point. Schedule your private showing today and see how naturally this mountain property fits your investment or getaway goals.

1161 Ski Mountain Rd, Gatlinburg

$419,000

3 Beds ⋅ 2 Baths ⋅ 1,380 SqFt. ⋅ 3624006 MLS ⋅ ACTIVE Status

This beautiful gated condo has been totally refurbished and ready for occupancy whether it is permanent living or using occasionally. Being sold fully furnished and ready for you with open floor plan and plenty of windows, vaulted ceilings and a large covered patio with breathtaking mountain views. Enjoy the heated pool with those mountain views, spacious clubhouse,and BBQ area. HOA includes high-speed internet, cable, quarterly pest services,firewood, ground maintenance, exterior building maintenance. and full replacement coverage for all units.

1050 Ski View Dr Unit 408, Gatlinburg

413 Baskins Creek Rd Unit 407, Gatlinburg

$283,500

836 SqFt. ⋅ 3623973 MLS ⋅ ACTIVE Status

**PRIME DOWNTOWN GATLINBURG LOCATION | ESTABLISHED RENTAL INCOME | WALK TO ATTRACTIONS!** Location, convenience, and established rental performance come together in this beautifully appointed 2-bedroom, 2-bath condominium at Gatlinburg Towers. Offering 836 square feet of thoughtfully designed living space, this inviting mountain retreat places guests within easy walking distance of downtown Gatlinburg's most popular attractions, restaurants, shopping, and entertainment. Located approximately half a mile from Anakeesta and Ripley's Aquarium of the Smokies, with the Gatlinburg Parkway, Gatlinburg SkyPark, and Great Smoky Mountains National Park nearby, this property delivers something vacationers truly appreciate: the freedom to experience Gatlinburg without constantly getting behind the wheel. Inside, an inviting atmosphere awaits with attractive wood-look flooring, tasteful furnishings, a comfortable living area featuring a cozy fireplace, and a welcoming dining space. The equipped kitchen showcases distinctive blue cabinetry, ample countertop space, and the conveniences needed for everything from weekend getaways to extended stays. Two comfortable bedrooms and two full bathrooms provide privacy and flexibility for guests, while the private balcony offers a peaceful place to enjoy fresh mountain air and views of the surrounding landscape. Gatlinburg Towers further enhances the vacation experience with a year-round indoor swimming pool, hot tub, elevator access, and convenient on-site parking. Combined with its desirable downtown location, these amenities make the property an appealing destination for weekend escapes, family vacations, and year-round mountain adventures. **INVESTMENT OPPORTUNITY!** This established vacation rental generated **$43,134.08 in reported rental revenue in 2025**, offering investors a property with documented income history in one of the Smoky Mountains' most recognizable vacation destinations.

413 Baskins Creek Rd Unit 407, Gatlinburg

$283,500

836 SqFt. ⋅ 1359664 MLS ⋅ ACTIVE Status

**PRIME DOWNTOWN GATLINBURG LOCATION | ESTABLISHED RENTAL INCOME | WALK TO ATTRACTIONS!** Location, convenience, and established rental performance come together in this beautifully appointed 2-bedroom, 2-bath condominium at Gatlinburg Towers. Offering 836 square feet of thoughtfully designed living space, this inviting mountain retreat places guests within easy walking distance of downtown Gatlinburg's most popular attractions, restaurants, shopping, and entertainment. Located approximately half a mile from Anakeesta and Ripley's Aquarium of the Smokies, with the Gatlinburg Parkway, Gatlinburg SkyPark, and Great Smoky Mountains National Park nearby, this property delivers something vacationers truly appreciate: the freedom to experience Gatlinburg without constantly getting behind the wheel. Inside, an inviting atmosphere awaits with attractive wood-look flooring, tasteful furnishings, a comfortable living area featuring a cozy fireplace, and a welcoming dining space. The equipped kitchen showcases distinctive blue cabinetry, ample countertop space, and the conveniences needed for everything from weekend getaways to extended stays. Two comfortable bedrooms and two full bathrooms provide privacy and flexibility for guests, while the private balcony offers a peaceful place to enjoy fresh mountain air and views of the surrounding landscape. Gatlinburg Towers further enhances the vacation experience with a year-round indoor swimming pool, hot tub, elevator access, and convenient on-site parking. Combined with its desirable downtown location, these amenities make the property an appealing destination for weekend escapes, family vacations, and year-round mountain adventures. **INVESTMENT OPPORTUNITY!** This established vacation rental generated **$43,134.08 in reported rental revenue in 2025**, offering investors a property with documented income history in one of the Smoky Mountains' most recognizable vacation destinations. **Full financial analysis available upon request.** Whether you're expanding your short-term rental portfolio, searching for a personal Smoky Mountain getaway, or looking for a property that offers the best of both worlds, this Gatlinburg condo delivers an attractive combination of location, comfort, and income-producing potential. **Enjoy the mountains by day, downtown Gatlinburg by night, and your own relaxing retreat in between. Schedule your private showing today!**

413 Baskins Creek Rd Unit 407, Gatlinburg

$479,999

2 Beds ⋅ 2 Baths ⋅ 950 SqFt. ⋅ 3623448 MLS ⋅ ACTIVE Status

Positioned in one of Gatlinburg's most sought-after locations, this BRAND NEW 2 bedroom, 2 bath modern condo offers an exceptional opportunity for STR investors and second home buyers alike. With projected annual rental income of $45,000-$65,000, this turnkey property combines strong income potential, incredible location and turn-key opportunity! Just a short walk to downtown Gatlinburg's restaurants (5 minute walk to the Peddler Steakhouse and Crockett's Breakfast!), attractions, shopping, and entertainment, guests can enjoy the convenience of leaving the car behind while experiencing everything the Smokies have to offer. Even more unique, the property backs directly to the entrance of the Great Smoky Mountains National Park, providing immediate access to hiking trails, scenic overlooks, and outdoor adventures that drive year round tourism. Inside the thoughtfully designed open concept floor plan featurres upscale finishes, mountain-modern styling, and a fully equipped kitchen that flows seamlessly into the living and dining areas. Two spacious bedrooms suites, each with a private en-suite bathroom, provide privacy and comfort for guests, while the sleeper sofa increases occupancy flexibility. Guests will appreciate the private balcony, (imagine watching the holiday fireworks and parades from your private deck!) perfect for enjoying the fresh mountain air after a day of exploring the Smokies. Future community amenities, including a pool, that will further enhance rental appeal and guest satisfaction. Property Highlights: - Projected annual rental revenue of $45,000-$65,000 -Brand new constructoin - walkable to downtown Gatlinburg - Direct access to Great Smoky Mountain National Park - 2 bedrooms, 2 ensuite bathrooms - sleeper sofa - pet friendly community - future resort style pool - modern finishes and open concept design - Ideal vacation home or income-producing investment opportunity

329 Ownby St Unit 1404, Gatlinburg

$494,900

3 Beds ⋅ 2 Baths ⋅ 2,384 SqFt. ⋅ 1359302 MLS ⋅ ACTIVE Status

Discover the perfect blend of privacy, tranquility, and convenience in this beautiful, immaculately maintained Gatlinburg home. Tucked away in a peaceful setting, this inviting property offers a true escape from the hustle and bustle while keeping you just minutes from the shopping, dining, and entertainment of Gatlinburg and Pigeon Forge with the added convenience of easy accessible paved roads! Inside, you'll find timeless solid hardwood flooring and a main-level primary bedroom with a private en-suite bath. Step outside to the screened porch and enjoy the peaceful surroundings, whether you're relaxing with your morning coffee or unwinding after a day exploring the mountains. A spacious garage and abundant storage provide plenty of room for all your essentials. The unfinished basement offers exciting potential, already prepared for future conversion to conditioned living space, giving you the opportunity to expand & customize to suit your needs. Even better, all furnishings remain, making this home ready for you to use from day one! Enjoy even more with access to community amenities, including a pool, tennis courts, basketball court, and community center access--perfect for recreation, relaxation, and gathering with family and friends. Whether you're searching for a full-time residence, a peaceful mountain retreat, or a property with potential for long-term rental use, this home offers exceptional versatility & is Conveniently located approximately an hour from the airport. You can enjoy the serenity of the mountains without sacrificing accessibility. There 's no better time to discover the charm, convenience, and peaceful mountain lifestyle this special property has to offer!

521 Jefferson Rd, Gatlinburg

$264,900

2 Beds ⋅ 2 Baths ⋅ 768 SqFt. ⋅ 3621605 MLS ⋅ ACTIVE Status

Effortless Smoky Mountain living at High Chalet. Unit 2102 is a beautifully maintained 2-bedroom, 2-bath condo with no stairs to climb, a rare find in the mountains and a big plus for guests. Inside, a beautiful gas fireplace anchors the living room, the kitchen is fully equipped, and the unit conveys fully furnished and ready to enjoy or rent. Step out to your private deck for morning coffee or sunset views over the Smokies.High Chalet owners enjoy an outdoor pool, hot tubs, sauna, and game room, and the HOA covers water, sewer, trash, cable, and internet, keeping ownership simple and costs predictable. You're minutes from downtown Gatlinburg, Ober Gatlinburg, and the trailheads of Great Smoky Mountains National Park.

1380 Ski View Dr Unit 2102, Gatlinburg

$459,900

2 Beds ⋅ 2 Baths ⋅ 1,286 SqFt. ⋅ 3593180 MLS ⋅ ACTIVE Status

Great investment opportunity in Gatlinburg's desirable Glades community! Currently operating as a short-term rental, this two-level log cabin offers 2 bedrooms, 2 full bathrooms, additional sleeping space in the loft, and a convenient location near the Great Smoky Arts & Crafts Community and Rocky Top Sports World. Recently stained and featuring over $20,000 in recent improvements, the cabin combines classic Smoky Mountain character with amenities designed for both relaxation and entertainment. Inside, you'll find warm wood interiors, a stone gas fireplace, granite kitchen countertops, an open living area, and a Multi-Cade arcade featuring 60 games. The loft provides additional flexible space beyond the two bedrooms. Outdoor living is another highlight, with a covered front porch and a covered rear deck featuring a hot tub, providing plenty of space to unwind and enjoy the wooded mountain setting. Conveniently located just minutes from downtown Gatlinburg, Great Smoky Mountains National Park, Rocky Top Sports World, whitewater rafting, the Great Smoky Arts & Crafts Community, dining, shopping, and area attractions. Whether you're looking to add a Gatlinburg short-term rental to your investment portfolio or searching for a Smoky Mountain getaway with rental potential, this cabin offers an appealing combination of location, improvements, amenities, and classic log-cabin charm.

442 Silver Maple Ln, Gatlinburg

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