516/537 Proffitt / Johnson Rd 1-7, Gatlinburg, TN 37738

New Listing
$4,100,000
Property Type: Single Family Bedrooms: 21 Square Footage: 10,850 Lot Size (sq. ft.): 436 Status: Coming Soon - No Showings
Current Price: $4,100,000 List Date: 7/29/2026 Last Modified: 7/30/2026

Overview

Description

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, four 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 vendo ...

Listing Details MLS# 1349974

Location Tax Legal Info

House #
516/537
Street Name
Proffitt / Johnson
St Suffix
Rd
State/Province
TN
Zip Code
37738
PIN #
117E H 00501 000
Subdivision
Cambridge Estates

Contract Info

Auction Y/N
No
Listing Price
4100000
Occupancy
Either

General Property Description

Type
Basement Ranch
Acres
0.01
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
10850
SqFt - Main Lvl
796
SqFt - Down Lvl
754
SqFt - 3rd Flr Lvl
1550
# Bedrooms
21
Baths - Full
14
# of Rooms
35
Fireplace
No
Property Status
N/A
HOA
No
Year Built
2007
Bonus Room
Yes
SqFt - 2nd Flr Lvl
0
# Fireplace
0
Basement
Yes

Status Change Info

Status Change Date
2026-07-29

Location, Tax & Legal Info

Unit #
1-7
Area
Sevier County - 27
Property Sub-Type
Residential
City/County Code
City Limits
Total Tax
924.24

Remarks & Misc

Directions
From downtown Gatlinburg, take 321 towards Cosby for approximately 3.9 miles. Turn left on Proffitt Rd. Turn right on Johnson Ln. and follow to unit on left.
Public Remarks
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, four 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.

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Contemporary
Yes

Construction

Frame
Yes

Siding

Wood
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Luxury Vinyl Plank
Yes

Garage/Parking

Common
Yes
Designated Parking
Yes
Main Level
Yes
Off-Street Parking
Yes

Basement

Finished
Yes

Lot Description

Cul-De-Sac
Yes
Zero Lot Line
Yes

Fuel

Electric
Yes

View

Seasonal Mountain View
Yes
Wooded
Yes

Heat

Central
Yes

Community Amenities

Picnic/Barbeque Area
Yes

Dining Area

Eat-in Kitchen
Yes
Living Rm/Dining Rm
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Security Alarm
Yes
Self Cleaning Oven
Yes
Smoke Detector
Yes
Washer
Yes

Other Rooms

Addl Living Quarter
Yes
Basement Rec Room
Yes
Bedroom Main Level
Yes
Mstr Bdrm Main Level
Yes

Exterior Features

Deck
Yes
Windows - Insulated
Yes

Misc Features

Hot Tub
Yes
Internet Available
Yes
Kitchen Island
Yes
Washer/Dryer Connect
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes
Other
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Contemporary Construction: Frame Siding: Wood Basement: Finished Lot Description: Cul-De-Sac; Zero Lot Line View: Seasonal Mountain View; Wooded Fireplace: None Floors: Luxury Vinyl Plank Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Washer Sewer: Public Sewer Water: Public Other Rooms: Addl Living Quarter; Basement Rec Room; Bedroom Main Level; Mstr Bdrm Main Level Misc Features: Hot Tub; Internet Available; Kitchen Island; Washer/Dryer Connect Exterior Features: Deck; Windows - Insulated Dining Area: Eat-in Kitchen; Living Rm/Dining Rm Community Amenities: Picnic/Barbeque Area Showing: See Agent Instructns New Financing: Cash; Conventional; New Loan; Other
IDX
Listing Office: Keller Williams Realty
Last Updated: July - 30 - 2026
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