516537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg, TN

$3,975,000

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  • 21

    Beds

  • 14

    Baths

  • 10,850

    Square feet

  • 0.01

    Acres

Description of 516537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg - MLS# 3312443

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. 1-7 of 516537 Proffitt Rd. & Johnson Ln. 1-7

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
New Construction No

Community Information : Gatlinburg

Address 516537 Proffitt Rd. & Johnson Ln. 1-7
Subdivision Cambridge Estates
City Gatlinburg
County Sevier County, TN
State TN
Zip Code 37738

Amenities of 516537 Proffitt Rd. & Johnson Ln. 1-7

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

Interior of 516537 Proffitt Rd. & Johnson Ln. 1-7

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
Basement Finished

Exterior of 516537 Proffitt Rd. & Johnson Ln. 1-7

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

Additional Information On 516537 Proffitt Rd. & Johnson Ln. 1-7

Date Listed August 3rd, 2026
Days on Market 36
Foreclosure No
Short Sale No

Listing Details of 516537 Proffitt Rd. & Johnson Ln. 1-7

OfficeKeller Williams Realty

Listings courtesy of REALTRACS as distributed by MLS GRID

Listing Map of 516537 Proffitt Rd. & Johnson Ln. 1-7

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516537 Proffitt Rd. & Johnson Ln. 1-7 Gatlinburg TN 37738 - MLS# 3312443

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