812 Powdermill Road #Units 1-12, Gatlinburg, TN 37738
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
812 Powdermill Road #Units 1-12,Gatlinburg, TN 37738
$5,000,000
- 36 Beds
- 48 Baths
- 17,662 sq. ft.
- Townhouse
- Active
Listed by: krista decarmine
Office: tn smoky mtn realty
MLS#:3624123
Source:NASHVILLE
Price summary
- Price:$5,000,000
- Price per sq. ft.:$283.09
- Monthly HOA dues:$4,200
About this home
INVESTORS — LET YOUR MONEY WORK FOR YOU! 12 BRAND-NEW TOWNHOMES | 36 BEDROOMS | $600K+ ANNUAL SHORT-TERM RENTAL POTENTIAL!
An incredible opportunity to purchase an ENTIRE 12-UNIT TOWNHOME COMPLEX in Gatlinburg's highly desirable Arts & Crafts District, just 5 miles from Downtown Gatlinburg! Currently under construction with anticipated completion before the end of 2026, this investment offers substantial income potential, city utilities, and low-maintenance ownership.
TWO INCOME STRATEGIES!
- Short-Term Rentals: $600,000+ in projected annual gross revenue.
- Long-Term Residential Rentals: Approximately $220,000 in projected annual gross revenue.
Each of the 12 townhomes features 3 bedrooms, 3.5 bathrooms, an open-concept kitchen and living area with a centered fireplace, main-level laundry, and a convenient half bath. Upstairs, all three bedrooms offer private full bathrooms, creating an ideal layout for vacation guests or long-term tenants.
LOCATION & CONVENIENCE! Easy, flat city-maintained roads with no steep mountain drives, front-door parking, attractive stone exterior accents, and convenient access to Gatlinburg's attractions, shopping, and dining. HOA includes water, sewer, and trash, simplifying ownership and management.
Zoned R-2, offering flexibility for short-term rentals, long-term rentals, or a combination of both.
12 UNITS | 36 BEDROOMS | 42 TOTAL BATHROOMS | 5 MILES TO DOWNTOWN GATLINBURG
A rare opportunity to acquire an entire new-construction complex with multiple income strategies in one of East Tennessee's most popular vacation destinations. BUILD YOUR PORTFOLIO AND LET YOUR MONEY WORK FOR YOU!
Rental projections are estimates of potential gross revenue and are not guaranteed....
Contact an agent
Home facts
- Year built:2026
- Subdivision & Development:Other
- Listing ID #:3624123
- Added:2 day(s) ago
- Updated:October 25, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:36
- Total bathrooms:48
- Full bathrooms:36
- Half bathrooms:12
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:17,662 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Cooling
- Heating:Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:2026
- Building area:17,662 sq. ft.
- Lot area:0.85 Acres
- Lot Features:Level
- Construction Materials:Frame, Stone
- Exterior Features:Porch
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,000,000
- Price per sq. ft.:$283.09
- Tax amount:$175
Features and amenities
- Appliances:Dishwasher, Microwave, Refrigerator
- Amenities:Ceiling Fan(s)
Parking
- Parking description:Asphalt, Driveway
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