USATNGatlinburgCambridge Estates516 & 537 Proffitt Rd
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$4,100,000

For Sale

10 days ago

516 & 537 Proffitt Rd, Gatlinburg, TN

MLS® 712450

12 Bed

8 Bath

10850 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size 10850 sqft
Garage No
HOA Fees 
Taxes $924
Days Active 9
Approx. Age 2007
Avg. Price Per Sqft $377
MLS® Number 712450

Property Address: 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® Number712450
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry Closet, Inside, In Unit
Exposure
Exterior
GarageNo
Approx. Age2007
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
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
  • Commute

Commute

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

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