USATNGatlinburgCambridge Estates1-7-516 & 537 Proffitt Rd
516 & 537 Proffitt Rd | Image 1
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$4,100,000

For Sale

15 days ago

1-7 - 516 & 537 Proffitt Rd, Gatlinburg, TN

House

MLS® 1349974

21 Bed

14 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $924
Days Active 14
Lot Size 0.009999999776482582 Acres
Approx. Age 2007
MLS® Number 1349974

Property Address: 1-7-516 & 537 Proffitt Rd, Gatlinburg, TN, 37738-5823

Average square foot calculated using Size range provided by listing agent.

Description

Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Ln. Townhomes 1 & 2, and 541 Johnson Ln. Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1, 500 sq ft, private hot tub, three private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62, 800 per unit and roughly $440, 000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.
MLS® Number1349974
Laundry Level
Central VacNo
FireplaceNo
Acreage0.01
Exterior
GarageNo
Approx. Age2007
BasementFinished
DrivewayMain Level, Off Street, Common, Assigned
Garage Spaces
HeatCentral, Electric
A/CCeiling Fan(s), Central Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 3, 2026List Date
$4,100,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jul 29, 2026List Date
$4,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
516 & 537 Proffitt Rd, Gatlinburg, TN

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