516 & 537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg, TN 37738
Listing provided by: Chris Ball · Keller Williams Realty
Source: East Tennessee REALTORS® MLS · MLS# 1349974
Listing last updated
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 Rd Townhomes 1 & 2, and 541 Johnson Rd 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.
Facts & features
- Bedrooms: 21
- Bathrooms: 14
- Full bathrooms: 14
- Half bathrooms: 0
- Heating: Central, Electric
- Cooling: Central Cooling, Ceiling Fan(s)
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Features: Kitchen Island, Eat-in Kitchen
- Windows: Windows - Insulated
- Basement: Finished
- Total rooms: 35
- Total interior livable area: 10,850 sqft
- Parking features: Off-Street Parking, Designated Parking, Main Level, Common
- Attached garage: No
- Size: 0.01 acres · 435.6 sqft
- Features: Cul-De-Sac, Zero Lot Line
- Patio & porch: Deck
- View: Wooded, Seasonal Mountain
- Parcel number: 117E H 00501 000
- Tax lot: B-1
- Home type: Single Family
- Property subtype: Single Family Residence
- Structure: Basement Ranch
- Architectural style: Contemporary
- Materials: Wood, Frame
- Year built: 2007
- Sewer: Public Sewer
- Water: Public
- Security: Security Alarm, Smoke Detector
- Subdivision: Cambridge Estates
- County: Sevier County - 27
- MLS area: Sevier County - 27
- Region: Gatlinburg
- Price: $4,100,000
- Price per square foot: $378/sqft
- Annual tax: $924.24
- Listing terms: Other, New Loan, Cash, Conventional
- Date on market: Aug 3, 2026
- Days on market: 0
- Status: Active
- MLS #: 1349974
Location
LMH Venture Group LLC d/b/a ListMyHomes.com™ acts only as a neutral facilitator — we don't represent buyers or sellers or show homes ourselves. We connect you with a licensed local agent to tour or make an offer. You pay us nothing to be connected; if a transaction results, ListMyHomes.com™ may receive a referral fee from the agent's brokerage — never from you.
