LKV Realty
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$4,100,000
$7,200Reward *
516537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg, TN 37738Listing ID 3312443

516537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg, TN 37738

Active
Cambridge Estates
Time on site: 19 daysLast updated: Aug 7, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
21
Bathrooms
Bathrooms
14
Square Feet
Square Feet
10,850
Acres
Acres
0.01
Days on Site
Days on Site
12
Cooling
Cooling
Central Air, Ceiling Fan(s)
Heating
Heating
Central, Electric
Year Built
Year Built
2007

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.

Property Information

Property Details

Location

Address
516537 Proffitt Rd. & Johnson Ln.
County
Sevier County, TN
City
Gatlinburg
Zip Code
37738
Subdivision
Cambridge Estates

Interior Features

Beds and Baths

Bedrooms
21
Full Bathrooms
14

Building

Building Information

Square Feet
10,850
Year Built
2007
Construction
Frame, Other

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$924
Keller Williams Realty, (865) 694-5904

Market Report for 37738

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Realtracs
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Based on information submitted to the MLS GRID as of 17 Aug 2026, 02:07 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RTC497366