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

$4,100,000

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21

Beds

14

Baths

10,850

Square feet

0.01

Acres

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

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

MLS® # 1349974
Price $4,100,000
Bedrooms 21
Bathrooms 14.00
Full Baths 14
Square Footage 10,850
Acres 0.01
Year Built 2007
Type Single Family
Sub-Type Single Family Residence
Style Contemporary
Status Active

Community Information

Address 516 & 537 Proffitt Rd. & Johnson Ln. 1-7
Area Sevier County - 27
Subdivision Cambridge Estates
City Gatlinburg
County Sevier County - 27
State TN
Zip Code 37738

Amenities

Features Hot Tub, Internet Available, Island in Kitchen, WasherDryer Connect
Parking Off-Street Parking, Designated Parking, Main Level, Common
View Wooded, Seasonal Mountain
Has Pool No

Interior

Interior Features Kitchen Island, Eat-in Kitchen
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Heating Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Fireplace No
Fireplaces None
Has Basement Yes
Basement Finished

Exterior

Exterior Wood Siding, Frame
Lot Description Cul-De-Sac, Zero Lot Line
Construction Wood Siding, Frame

Additional Information

Date Listed July 29th, 2026
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty

Listing Map

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