Condo Villa Iii Homes for Sale

Welcome to Condo Villa III, a charming subdivision nestled in the heart of Gatlinburg, Tennessee, where the beauty of the Smoky Mountains meets the comfort of modern living. This delightful community offers a unique blend of serene landscapes and vibrant city life, making it an ideal destination for both families and vacationers alike.

Condo Villa III features a selection of beautifully designed condominiums, each thoughtfully crafted to provide a cozy and inviting atmosphere. With homes for sale in this coveted subdivision, potential buyers have the opportunity to invest in a lifestyle that balances relaxation and adventure. The spacious interiors are complemented by modern amenities, ensuring that every resident enjoys the best of comfort and convenience.

Living in Condo Villa III means having easy access to Gatlinburg's array of attractions. From scenic hiking trails in the Great Smoky Mountains National Park to the charming shops and restaurants that line the streets, there's always something to explore. Whether you're an outdoor enthusiast or simply seeking a peaceful retreat, this community caters to all lifestyles.

Additionally, the subdivision’s strategic location in Sevier County ensures that residents are just a short drive away from popular destinations like Pigeon Forge and the exhilarating Dollywood theme park. With homes for sale in Condo Villa III, you can embrace a lifestyle filled with adventure, community, and the stunning beauty of Tennessee.

Don’t miss your chance to call this enchanting subdivision home—explore the available properties today and discover the perfect blend of comfort and excitement that Condo Villa III has to offer!

Newest Condo Villa Iii Homes for Sale

$659,900

2 Beds ⋅ 3 Baths ⋅ 1347381 MLS

Some cabins offer mountain views. Others offer convenience. Very few deliver both--while offering a proven history as a successful short-term rental. Welcome to The Reserve--a beautifully renovated mountain retreat where modern design, privacy, and one of the Smokies' most sought-after locations come together. Officially offered as a two-bedroom, three-bath cabin, its thoughtfully designed layout has been successfully advertised on Airbnb as a three-bedroom vacation rental accommodating up to six guests, creating exceptional flexibility for buyers seeking a personal mountain retreat, a proven short-term rental investment, or the best of both. Just 4.1 miles from downtown Gatlinburg, 6.7 miles from the entrance to Great Smoky Mountains National Park, and only 13 miles from Dollywood, this property places owners and guests within minutes of the area's most popular attractions while still feeling peacefully tucked away among the trees with beautiful mountain views from the expansive deck. Inside, approximately 1,650 square feet of thoughtfully designed living space welcomes you with oversized windows that frame the mountains, a warm stone fireplace, an open-concept gathering space, a fully equipped kitchen, and three full bathrooms that comfortably accommodate family and guests. Multiple outdoor living areas, including a spacious deck with a hot tub, create the perfect setting to enjoy sunrise coffee, evening sunsets, or quiet nights beneath the stars. The private lower level, complete with its own living space, full bath, coffee bar, and separate exterior entrance, provides additional privacy that guests and owners alike will appreciate. For investors, this isn't simply a cabin with potential--it's a property with demonstrated performance, generating $87,568 in gross rental revenue during 2025 while earning a 4.85-star Airbnb rating, reflecting a history of satisfied guests and consistent demand. Whether you're searching for a turnkey investment, a mountain getaway to enjoy with family, or a second home that helps offset ownership costs, The Reserve offers the rare combination of proven income potential, breathtaking mountain views, modern finishes, and a location that keeps visitors returning to the Smokies year after year.

712 Octagon Drive, Gatlinburg

$659,900

2 Beds ⋅ 3 Baths ⋅ 1341488 MLS

Welcome to Scenic Pines, a beautifully renovated 2-bedroom, 3-full-bath cabin nestled in Gatlinburg's sought-after Condo Villas community, just 3 miles from downtown for easy guest access. Fully renovated in 2024 and offering 1,746 square feet across one of the larger floorplans on the street, this turnkey investment property is being sold as a true turn-key business. This proven performer grossed 75,988 in 2025 at a $316 average nightly rate -- roughly 35% above the Gatlinburg market. Designed for comfort and group getaways, the open-concept main level features an updated kitchen with granite countertops and stainless steel appliances flowing into a welcoming living area with electric fireplace and a dining space that frames the mountains. The primary suite offers an attached private bath, and large windows pull Mt. LeConte and the surrounding peaks into every room. Multi-level decks include a hot tub, outdoor dining, and unobstructed mountain views. The walk-out lower level is where the real opportunity lives. Already a fully functional retreat with its own entrance, king sleeping area, kitchenette, full bath, living area, dedicated laundry, and second deck, it gives the cabin the rare ability to sleep 8 and command premium rates. Use it as a private guest suite, bunk room, or game room -- and with strategic upgrades like a dedicated theater or expanded gaming zone, this level presents tremendous value-add potential that can meaningfully boost rental appeal and revenue for the next operator. Three full baths plus a private lower-level retreat make Scenic Pines ideal for larger groups and multi-family bookings -- the bread and butter of premium nightly rates in this market -- while comfortably sleeping up to 8 guests. The HOA covers grounds maintenance and seasonal community pool access, keeping ownership low-lift for an absentee investor. Located minutes from downtown Gatlinburg, the Great Smoky Mountains National Park, shopping, dining, and attractions, Scenic Pines offers the perfect blend of proven rental performance, modern comfort, and Smoky Mountain getaway appeal.

1068 E Foothills Drive, Gatlinburg

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