516 Proffitt Rd 2, Gatlinburg, TN 37738
Listing provided by: Chris Ball · Keller Williams Realty
Source: East Tennessee REALTORS® MLS · MLS# 1353488
Listing last updated
About this home
Turn-key short-term rental in Gatlinburg's Great Smoky Arts & Crafts Community, just six miles from Great Smoky Mountains National Park and with no HOA. Completely renovated from top to bottom in 2026, this fully furnished townhome is ready to generate income from day one. Featuring 3 bedrooms, 2 bathrooms, a bonus room, and approximately 1,500 square feet, this property comfortably sleeps 8 guests. Enjoy a private hot tub and three private balconies surrounded by trees, with seasonal mountain views that create the perfect Smoky Mountain getaway. The thoughtful layout offers plenty of space for guests to relax, gather, and enjoy their stay. This property is already operating as a successful short-term rental, giving you the opportunity to step into an established income-producing investment rather than take on a renovation project. With a projected gross revenue of $62,800, this is an opportunity to own a fully furnished, income-producing retreat in one of the most sought-after destinations in the Smokies. Walk into cash flow, not a project. **Looking for a larger investment opportunity? Seven total units are available and may be purchased together as a portfolio.**
Facts & features
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- 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: 5
- Total interior livable area: 1,550 sqft
- Parking features: Off-Street Parking, Designated Parking, Main Level, Common
- Attached garage: No
- Size: 0.01 acres · 435.6 sqft
- Features: Zero Lot Line
- Patio & porch: Deck
- View: Wooded, Seasonal Mountain
- Parcel number: 117E H 00500 000
- Tax lot: B-1
- Home type: Single Family
- Property subtype: Single Family Residence
- Structure: Townhouse
- Architectural style: Contemporary
- Materials: Wood, Frame
- Year built: 2007
- Sewer: Public Sewer
- Water: Public
- Security: Security Alarm, Smoke Detector
- Subdivision: Cambridge Estates - Building B
- County: Sevier County - 27
- MLS area: Sevier County - 27
- Region: Gatlinburg
- Price: $575,000
- Price per square foot: $371/sqft
- Annual tax: $924.24
- Listing terms: Cash, Conventional
- Date on market: Aug 28, 2026
- Days on market: 0
- Status: Active
- MLS #: 1353488
Location
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