516 & 537 Proffitt Rd & Johnson Ln, Gatlinburg, TN 37738

bedrooms 21
bathrooms 14
|Apartment
NZD $6,139,760
USD $3,500,000
Published on: 04 Aug 2026
Last updated on: 27 Oct 2026
516 & 537 Proffitt Rd & Johnson Ln, Gatlinburg, TN 37738
516 & 537 Proffitt Rd & Johnson Ln, Gatlinburg, TN 37738
516 & 537 Proffitt Rd & Johnson Ln, Gatlinburg, TN 37738
+57
516 & 537 Proffitt Rd & Johnson Ln, Gatlinburg, TN 37738
  • 57
Property ID: 110109661729
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Residential, Gatlinburg, TN

516 & 537 Proffitt Rd & Johnson Ln, Gatlinburg, TN 37738
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 Details

Basic Info

Property Type
Apartment
Listing Status
Active
Land Size
40.47 m2
Building Size
144.00 m2
Year Built
2007
Rooms
21 bedroom(s), 14 bathroom(s)
Architecture Style
Other
Num Floors
2
County
Sevier
Parcel ID
117e H 00501 000
Provider
Tennessee Virginia Regional Multiple Listing Service
Subdivision
Not Listed
Brokerage Office Name
KELLER WILLIAMS REALTY KNOXVILLE
Brokerage Office Phone
8656945904
Neighbourhoods
Not Listed
Address
516 & 537 Proffitt Rd & Johnson Ln, Gatlinburg, TN 37738

Nearby Schools

TypeSchool nameDistrict name
HighGatlinburg Pittman High SchoolNot available
ElementaryPittman Center Elementary SchoolNot available
MiddleGatlinburg-PittmanNot available
JuniorhighGatlinburg-PittmanNot available
Contact Agent
Christopher Ball
Keller Williams Realty Knoxville
8550 Kingston Pike , Knoxville, TN 37919
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Christopher Ball
8550 Kingston Pike , Knoxville, TN 37919
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      Property ID: 110109661729

      Original Property ID: 3yd-TVARMLS-9999038
      Data provided by Tennessee Virginia Regional Multiple Listing Service, MLS #: 9999038
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