Chapman Olive

Realtor®
License#: 130160-0

EXCELLENT INVESTMENT OPPORTUNITY -- NOW COMPLETE! An unbeatable location paired with exceptional style! This brand-new luxury townhome is now complete and located just 0.4 of a mile from the heart of Downtown Gatlinburg, offering the rare convenience of a flat, family-friendly walk to Anakeesta, Ripley's Aquarium of the Smokies, Ole Red, The Pancake Pantry, shopping, dining, and entertainment. Designed with short-term rental appeal in mind, this modern three-level townhome features high-end finishes throughout, including tongue-and-groove ceilings, custom accent walls in every bedroom, walk-in tile showers, tile bathroom floors, granite countertops, stainless steel appliances, and washer/dryer hookups. Covered parking and a covered entry provide added convenience year-round. Public utilities are included in the HOA fee, adding even more value and convenience for owners. The flexible lower-level room offers the perfect space for a fourth sleeping area, game room, or media room. Baskins Creek meanders alongside the property, while all three bedrooms feature balcony access. The front bedrooms showcase mountain views and twinkling Gatlinburg city lights, while the primary suite offers a peaceful wooded setting with its own private balcony. Walkable properties this close to Downtown Gatlinburg are incredibly scarce, making this an exceptional investment opportunity. With brand-new construction, luxury finishes, covered parking, HOA-included public utilities, and a prime walkable location, this property is positioned for strong year-round rental demand. Projected rental income averages approximately $95,000 annually! Now completed and ready for its new owner.

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Chapman Olive

General

  • Property Type: Single Family
  • Status: Active
  • MLS#: 3501266
  • List Price: $725,000
  • List Date: 08/09/2026
  • Year Built: 2026
  • County: Sevier County, TN
  • Subdivision: None
  • Beds: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Sq. Ft.: 1,886
  • Lot Description: Level, Views
  • Directions: Once in Gatlinburg stay right towards the main strip. At the first main light, traffic light #2 turn left onto, head south on Cherokee Orchard Rd toward Primrose Walk. Travel 0.2 miles and then Turn left onto Baskins Creek Rd. In 0.2 miles Turn right onto Circle Dr, your destination will be on the left. 215 Circle Dr Gatlinburg will also work in your GPS. Unit one is the far left unit

Interior Features

  • Interior Features: High Ceilings, Ceiling Fan(s), Pantry, Walk-In Closet(s), Kitchen Island

Exterior Features

  • Roof Type: Shingle

Utilities

  • Cooling: Other
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Other
 

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