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

Gatlinburg, TN 37738
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Bed 21

Bed

Bath 14

Bath

SqFt1,550

Sqft

Acres0.01

Acre(Lot)

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, alr eady 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.

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Detail Ic Property Details

Property Type : Residential

Price : $4,100,000

AD Id : 89059553

MLS Id : 9999038

Beds : 21

Lot Size : 0.01 Acre

Living Area Size : 1,550

Year Built : 2007

County : Sevier

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 21

    Bathroom Information

    Total Baths: 14 Full Baths: 14

    Room Information

    Rooms Total: 35
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer Laundry Features: Electric Dryer Hookup, Washer Hookup Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 2007 Building Area Total: 1550 Construction Materials: Wood Siding Patio And Porch Features: Rear Porch Private Pool: No View: Mountain(s)
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Main Square Feet: 0.01 Acres Lot Size Acres: 0.01 Lot Size Square Feet: 435.6

    Property Information

    Subdivision: Not Listed Source Property Type: Residential MLS Area Minor: 206 - Sevier County Property SubType: Condominium Levels: Two Property Age: 19

  • Listing Price Information

    Listing Price: $4100000 Cash, Conventional

  • Tax Information

    Parcel Number: 117e H 00501 000

  • Homeowners Association Information
    Association Amenities: Spa/Hot Tub

  • School Information

    Elementary School: Pittman Center Elementary School
    Junior High School: Gatlinburg-Pittman
    Senior High School: Gatlinburg Pittman High School
  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: 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. WaterSource: Private Security Features: Smoke Detector(s)
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3710 Weber Road #UNIT 1.., Gatlinburg, TN, 37738 $255,000 2 2 750 750 SqFt
3710 Weber Rd #105-C, Gatlinburg, TN, 37738 $199,999 1 1 560 560 SqFt
3710 Weber Rd #105-C, Gatlinburg, TN, 37738 $194,999 1 1 560 560 SqFt
3710 Weber Road #E 306, Gatlinburg, TN, 37738 $179,900 2 1 703 703 SqFt
3815 E Parkway #APT 6, Gatlinburg, TN, 37738 $239,000 2 2 1,008 1,008 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.

ByOwner last updated this listing 08/04/2026 @ 17:02

MLS: 9999038 LISTED BY: Christopher Ball, Keller Williams Realty Knoxville 865-694-5904 SOURCE: TennesseeVirginia Regional MLS

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