541 Johnson Lane 1
Gatlinburg, TN 37738 · Cambridge Estates - Building E · Sevier County
$500,000
$69,900 price cut · Oct 22
- Beds
- 3
- Baths
- 2
- Sq ft
- 1,550
- Acres
- 0.01
- Built
- 2007
Listing courtesy of Keller Williams Realty · MLS #1353491
Description
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.**
Details
Home
- Type
- Residential · Single Family Residence
- Style
- Townhouse
- Year built
- 2007
- Living area
- 1,550 sq ft
- Bedrooms
- 3
- Bathrooms
- 2 full
- Basement
- Finished
- Parking
- Main Level, Off Street, Common, Assigned
Interior
- Rooms
- Addl Living Quarter, Basement Rec Room, Mstr Bdrm Main Level
- Flooring
- Luxury Vinyl Plank
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer
- Features
- Eat-in Kitchen, Kitchen Island
- Also
- Washer/Dryer Connect, Hot Tub, Kitchen Island, Internet Available
Exterior
- Construction
- Frame, Wood Siding
- Architecture
- Contemporary
Land
- Lot size
- 0.01 acres
- Lot
- Zero Lot Line
- Views
- Wooded, Seasonal Mountain View
- Deed restrictions
- Yes
Utilities
- Water
- Public
- Sewer
- Public sewer
- Heating
- Central, Electric
Listing
- MLS #
- 1353491
- Status
- Active
- On market
- 61 days
- Listed
- Aug 28, 2026
Finances
- Property tax
- City + county
- Inside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $323
- 1,550 sq ft
Price history
- Oct 22, 2026
- Price cut
- $500,000 −$69,900
- Before
- Listed
- $569,900
Accepted
- Cash
- Other
- Conventional
- New Loan
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Location
- Neighborhood
- Cambridge Estates - Building E
- County
- Sevier
- ZIP
- 37738
Drive times
- Pigeon Forge 25 min
- Sevierville 45 min
- Douglas Lake 60 min
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Listing courtesy of Keller Williams Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1353491.