USATNGatlinburgCambridge Estates1-7-516537 Proffitt Rd. & Johnson Ln.
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$4,100,000

For Sale

14 days ago

1-7 - 516537 Rd, Gatlinburg, TN

House

MLS® 3312443

21 Bed

14 Bath

10850 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 10850 sqft
Garage 
Taxes $924
Days Active 9
Lot Size 0.01 Acres
Approx. Age 2007
Avg. Price Per Sqft $377
MLS® Number 3312443

Property Address: 1-7-516537 Proffitt Rd. & Johnson Ln., Gatlinburg, TN, 37738

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. Instead of relying on a single property to produce revenue, this portfolio gives you multiple income-producing units working at the same time. If one unit experiences a vacancy, the others can continue generating cash flow, helping create a more resilient and consistent revenue stream. 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® Number3312443
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2007
BasementFinished
Driveway
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Ceiling Fan(s)

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 30, 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
516537 Rd, Gatlinburg, TN

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