516537 Proffitt Rd Johnson Ln 17, Gatlinburg, TN

$3,975,000

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21

Beds

14

Baths

10,850

Square feet

0.01

Acres

About 516537 Proffitt Rd Johnson Ln 17

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. 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.

Features of 516537 Proffitt Rd Johnson Ln 17

MLS® # 3312443
Price $3,975,000
Bedrooms 21
Bathrooms 14.00
Full Baths 14
Square Footage 10,850
Acres 0.01
Year Built 2007
Type Residential
Sub-Type Single Family Residence
Style Contemporary
Status Active

Community Information

Address 516537 Proffitt Rd Johnson Ln 17
Subdivision Cambridge Estates
City Gatlinburg
County Sevier County, TN
State TN
Zip Code 37738

Amenities

Utilities Electricity Available, Water Available
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Kitchen Island
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Oven, Washer
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s)
Fireplace No

Exterior

Lot Description Cul-De-Sac, Zero Lot Line
Construction Frame, Other

Additional Information

Date Listed August 3rd, 2026
Days on Market 40
Foreclosure No
Short Sale No
Data Source REALTRACS as distributed by MLS GRID

Listing Details

OfficeKeller Williams Realty

Listing Map

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