How Does Saved Listings Work?
To save a listing to your list of favorites, click into the listing you're interested in and simply click the "Save Listing" button from the listing details page.
You have now saved your listing!
To view your saved listings, click on the top " Saved Listings" link at the top of the screen near the menu. Save as many as you want and catalog them with this easy-to-use feature!
This feature works by storing an HTTP cookie on your machine to store and retrieve your list of favorites. To clear all favorite listings, simply clear out your browser's cookies (under the browser's settings).
516 537 Proffitt Rd Johnson Ln 17
Gatlinburg TN 37738
MLS #9999038 · Listing Courtesy of Keller Williams Realty Knoxville
$4,100,000
Active
21
Beds
14
Baths
1,550
Sq Ft
0.01
Acres
2007
Built
Property 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, 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.
Property Facts
Property TypeResidential
Sub TypeCondominium
MLS Number9999038
Fireplaces0
Above Grade Sq Ft1,550
City Taxes$72.35
County Taxes$851.89
Basement Sq Ft0
Garage Sq Ft0
Elementary SchoolPittman Center Elementary School
Middle SchoolGatlinburg-Pittman
High SchoolGatlinburg Pittman High School
Features & Amenities
Balcony
Ceiling Fan(s)
Central Air
Central Heating
Dishwasher
Dryer
Drywall Walls
Electric Dryer Hookup
Electric Range
Electricity Connected
Insulated Windows
Luxury Vinyl Flooring
Metal Roof
Microwave
Mountain(s) View
Mountainous Lot
Primary Bedroom
Private Water
Public Sewer
Rear Porch
Refrigerator
Sewer Connected
Smoke Detector(s)
Spa/Hot Tub
Townhouse
Two-Level
Washer
Washer Hookup
Water Connected
Wood Siding Exterior
Wooded Lot
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.
-
Additional Information
Contract InfoForeclosureNoGeneral Property Description# of Units7Condo/Co-Op/PUD NameCambridge EstatesDeed Book6,849Deed Page105HOANoLot NumberB-1Total Rooms35Total Finished SqFt1,550Unfinished SqFt0ZoningR 2Location Tax Legal InfoUnit #1-7SqFt DetailsFinished SqFt Level 1796Finished SqFt Level 2754Structure TypeTownhouseYes
Mortgage Calculator
Estimate your monthly payments!
Share This Listing
Want to see this property?
Fill out the form below!