516 & 537 Proffitt Rd. & Johnson Ln. #1-7, Gatlinburg, TN 37738

Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
516 & 537 Proffitt Rd. & Johnson Ln. #1-7,Gatlinburg, TN 37738
$4,100,000
  • 21 Beds
  • 14 Baths
  • 10,850 sq. ft.
  • Single family
  • Active
Listed by: chris ball
Office: keller williams realty
MLS#:1349974
Source:TN_KAAR

Price summary

  • Price:$4,100,000
  • Price per sq. ft.:$377.88

About this home

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....

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Home facts

  • Year built:2007
  • Subdivision & Development:Cambridge Estates
  • Listing ID #:1349974
  • Added:8 day(s) ago
  • Updated:August 07, 2026 at 09:15 PM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:14
  • Full bathrooms:14
  • Rooms Total:35
  • Basement:Yes
  • Basement Description:Finished
  • Living area:10,850 sq. ft.

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central, Electric

Structure and exterior

  • Year built:2007
  • Building area:10,850 sq. ft.
  • Lot area:0.01 Acres
  • Lot Features:Cul-De-Sac, Zero Lot Line
  • Architectural Style:Contemporary
  • Construction Materials:Frame

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,100,000
  • Price per sq. ft.:$377.88

Parking

  • Parking description:Designated Parking, Main Level, Off-Street Parking