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

bedrooms 21
bathrooms 14
|House
NZD $6,139,760
USD $3,500,000
Published on: 04 Aug 2026
Last updated on: 24 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: 110119483546
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Single Family, Basement Ranch, 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
House
Listing Status
Active
Land Size
40.47 m2
Building Size
1,008.00 m2
Year Built
2007
Rooms
21 bedroom(s), 14 bathroom(s)
Architecture Style
Contemporary
County
Sevier County - 27
Parcel ID
117E H 00501 000
Provider
East Tennessee Realtors®
Subdivision
Cambridge Estates
Brokerage Office Name
Keller Williams Realty
Brokerage Office Phone
(865) 694-5904
Neighbourhoods
Cambridge Estates
Address
516 & 537 Proffitt Rd. & Johnson Ln., Gatlinburg, TN 37738
Contact Agent
Chris Ball
Keller Williams Realty
8550 Kingston Pike , Knoxville, TN 37919
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Chris Ball
8550 Kingston Pike , Knoxville, TN 37919
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      Property ID: 110119483546

      Original Property ID: 3yd-KAARMLSTN-1349974
      Data provided by East Tennessee Realtors®, MLS #: 1349974
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