Gatlinburg, TN Condos for Sale

Why Purchase a Condo Home in Gatlinburg, TN?

Buying a Gatlinburg condo secures three advantages in one transaction:

• Low-maintenance living: HOA fees typically cover roofs, siding, landscaping, trash, and common-area insurance. You focus on fun, not yardwork.
• Walkability + rental appeal: Units blocks from the Parkway, Anakeesta, or a trolley hub rent more nights and command higher nightly rates.
• Entry-price leverage: Condos often cost less than single-family cabins yet share the same tourism demand—an accessible path to Smoky-Mountain ownership without sacrificing cash flow.

For investor buyers, condos in Gatlinburg can be strong income-producers due to the year-round tourism. Some complexes are specifically geared towards or allow short-term rentals, providing an opportunity to generate revenue when you're not using the property yourself.

Condos often provide a more accessible price point into the Gatlinburg market compared to single-family homes, while still allowing you to own a piece of this popular mountain destination.

Gatlinburg Condos Purchase Market Insights

For buyers actively looking to purchase a condo in Gatlinburg, here's a current snapshot of the market:

• Median Home Price: $699,000
• Average Days on Market (Condos, Gatlinburg): 65 days
• Inventory (Condos for Sale): Approximately 65–124 units, depending on the source
• Median Sale Price Change (YoY): Down 2%, with condo-specific median at $359,777 (March vs. $386,542 prior year)

The Gatlinburg condo market offers a diverse range of options for buyers, from more affordable units to luxury offerings.

While the broader Gatlinburg market is currently described as a buyer's market, well-priced condos in desirable locations with good amenities or views can still move relatively quickly.

Buyers should pay close attention to HOA fees and what they include, as this is a significant aspect of condo ownership.

Gatlinburg Condos Buyer FAQs

What are the most important things to check in the HOA documents before buying a Gatlinburg condo?
Check reserve balance, upcoming special assessments, STR restrictions, pet rules, and what’s covered (water, cable, exterior insurance).

Can I easily rent out my Gatlinburg condo on platforms like Airbnb or VRBO?
Many Gatlinburg condos can be excellent short-term rentals, but it heavily depends on the specific HOA rules and city ordinances. Some complexes may have restrictions on short-term rentals, while others are designed for it. Always verify this before purchasing if rental income is a goal.

What do Gatlinburg condo HOA fees typically cover, and what are average costs?
Anywhere from $150 to $600+/mo. Example: Cobbly Nob about $1,504/year covers roads and trash. Always confirm the exact figure and inclusions.

What are some popular, well-regarded condo complexes in Gatlinburg I should look into?
Gatlinburg Chateau Condos are sought after for their in-town location. The Highlands of the Smokies is a newer luxury option. Raven Crest Condominiums in Chalet Village are noted for their views and prohibition of short-term rentals, appealing to those seeking a quieter second home. Baskins Creek Condos are also mentioned for rental income potential.