ETN .PROPERTIES
← Back to search
$3,975,000 $366/sq ft
Active 21 days on market

516 & 537 Proffitt Rd. & Johnson Ln. 1-7

Gatlinburg, TN 37738 · Cambridge Estates · Sevier County

21 beds 14 baths 10,850 sq ft 0.01 acres 2007 built

Financing this home

Get an instant preapproval amount

Call (865) 535-7119 and answer a few questions about income and expenses. An automated system gives you your preapproval amount on the spot.

  • No credit pull
  • Completely automated
  • Available 24/7
Financing accepted
CashOtherConventionalNew Loan

About this property

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.

Facts & features

Overview

Type
Residential · Single Family Residence
Style
Basement Ranch
Tax jurisdiction
City limits
HOA
None
Year built
2007
Price / sq ft
$366
Show all facts & features Show less

Interior

Bath detail
14 full
Building area
10,850 sq ft
Basement / foundation
Finished

Lot & exterior

Lot size
0.01 acres
Cul-De-SacZero Lot Line

Parking

Main LevelOff StreetCommonAssigned

Views

WoodedSeasonal Mountain View

Listing details

MLS #
1349974
Status
Active
Days on market
21 days

Location

516 & 537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg, TN 37738 Cambridge Estates · Sevier County Open in Maps

Listing courtesy of Keller Williams Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.