516 & 537 Proffitt Rd & Johnson Ln, Unit 1-7, Gatlinburg, TN 37738

$4,100,000
  • 516 & 537 Proffitt Rd & Johnson Ln, Unit 1-7, Gatlinburg, TN 37738 Main Photo

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New to the Market Active
BEDS21 BATHS14 full SQUARE FEET1,550 MLS#9999038
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONNot Listed NEIGHBORHOOD206 - Sevier County

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.

516 & 537 Proffitt Rd & Johnson Ln, Unit 1-7 | MLS# 9999038

This condo located at 516 & 537 Proffitt Rd & Johnson Ln, Unit 1-7, 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 1550 sq. ft. & 537 Proffitt Rd & Johnson Ln, Unit 1-7 is located in the Not Listed subdivision. Search Not Listed real estate on lhoward.easttnliving.net today.

Property Features

Property Type: Residential - Condominium
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Home Style: Townhouse
Lot Size: 0.01 Acres
Roof Type: Metal
Stories: 2.0
Year Built: 2007

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Association Amenities: Spa/Hot Tub
Exterior: Wood Siding
Exterior: Balcony
Flooring: Luxury Vinyl
Laundry: Electric Dryer Hookup, Washer Hookup
Parcel Id: 117e H 00501 000
Rooms Total: 35
Sewer: Public Sewer
Special View Info: Mountain(s)
Topography: Mountainous, Wooded
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Private
Windows: Insulated Windows
Zoning: R 2

Local Schools

High School: Gatlinburg Pittman High School
Middle School: Gatlinburg-Pittman
Elementary School: Pittman Center Elementary School

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Knoxville
Agency Phone: 865-694-5904

Shown By

Agent Name: Liz Howard
Agent Phone: (865) 209-9814 Cell
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Tennesse Virginia MLS

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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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