Băile Olănești is a town located in Vâlcea County, Romania.

The town administers eight villages: Cheia, Comanca, Gurguiata, Livadia, Mosoroasa, Olănești, Pietrișu, and Tisa.

It lies on the banks of the Olănești River, in the hilly area south of the Parâng Mountains.

Part of the Buila-Vânturarița National Park is situated on the territory of the town.

In 1873 Olănești mineral waters are sent to the Vienna Exhibition, obtaining the Golden Medal.