516/537 Proffitt / Johnson Rd, Gatlinburg, TN 37738

$4,100,000
  • 516/537 Proffitt / Johnson Rd, Gatlinburg, TN 37738 Main Photo

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New to the Market Coming Soon - No Showings
BEDS21 BATHS14 full SQUARE FEET10,850 MLS#1349974
STATUSComing Soon - No Showings PROPERTY TYPEResidential - Single Family SUBDIVISIONCambridge Estates NEIGHBORHOODSevier County - 27

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, four 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.

516/537 Proffitt / Johnson Rd | MLS# 1349974

This single family home located at 516/537 Proffitt / Johnson Rd, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $4,100,000. This property was built in 2007 and has 21 bedrooms and 14 full baths with 10850 sq. ft. 516/537 Proffitt / Johnson Rd is located in the Cambridge Estates subdivision. Search Cambridge Estates real estate on vrowe.easttnliving.net today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Electric
Home Style: Contemporary
Lot Size: 0.01 Acres
Year Built: 2007

Amenities

Kitchen Island
Eat-in Kitchen

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Days on Site: 1
Exterior: Wood Siding, Frame
Lot: Cul-De-Sac, Zero Lot Line
Parcel #: 117E H 00501 000
Parking: Off-Street Parking, Designated Parking, Main Level, Common
Security Features: Security Alarm, Smoke Detector
Sewer: Public Sewer
Special View Info: Wooded, Seasonal Moun
SQFT Total: 10850
View: Wooded, Seasonal Mountain
Water: Public
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty

Shown By

Agent Name: Vickie Rowe
Agent Phone: (423) 489-9421
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: East Tennessee REALTORS

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Estimated Payment

$ 10,320.66 per month $9,124.82 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,195.83 Homeowner's Insurance

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