516 & 537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg, TN 37738 (MLS# 1349974)

516 & 537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg, TN 37738

$3,975,000
Property Type: Single Family Bedrooms: 21 Square Footage: 10,850 Lot Size (sq. ft.): 436 Status: Active
Current Price: $3,975,000 List Date: 8/03/2026 Last Modified: 8/22/2026

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 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 ...

Listing Details MLS# 1349974

Location Tax Legal Info

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

Contract Info

Auction Y/N
No
Listing Price
3975000
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

Status Change Info

Status Change Date
2026-08-03

More Information

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: August - 22 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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