For Sale
Single family home for sale at 516537 Proffitt Rd Johnson Ln #17, Gatlinburg, TN 37738 | MLS# 3312443 | Listing updated on 2026-10-22
Photo 1 of Single family home for sale at 516537 Proffitt Rd Johnson Ln #17, Gatlinburg, TN 37738 | MLS# 3312443 | Listing updated on 2026-10-22
Photo 2 of Single family home for sale at 516537 Proffitt Rd Johnson Ln #17, Gatlinburg, TN 37738 | MLS# 3312443 | Listing updated on 2026-10-22
Photo 3 of Single family home for sale at 516537 Proffitt Rd Johnson Ln #17, Gatlinburg, TN 37738 | MLS# 3312443 | Listing updated on 2026-10-22
Photo 4 of Single family home for sale at 516537 Proffitt Rd Johnson Ln #17, Gatlinburg, TN 37738 | MLS# 3312443 | Listing updated on 2026-10-22
53+
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Street View

$3,500,000

Monthly Est:$17,421

  • Beds Icon21 Beds
  • Beds Icon
    14 Baths
  • Beds Icon10,850sqft

516537 Proffitt Rd Johnson Ln #17, Gatlinburg, TN 37738

$17,421/moEst:

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  • Single Family Residence

  • Built in 2007

  • $-- HOA

  • 0.01 acre lot

  • $323/sq.ft

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 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.

  • Houzeo last checked: 14 minutes ago
  • Listing updated: October 22, 2026 at 6:44 pm
  • Listing Provided by: Chris Ball (423) 765-5153 DRE #346677 | Keller Williams Realty (865) 694-5904
  • Source: Nashville (RealTracs Mid) MLS-TN as distributed by MLS GRID | MLS#: 3312443 Nashville (RealTracs Mid) MLS-TN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Sevier County, Tn

  • City

    Gatlinburg

  • Neighborhood

    --

  • Year Built

    2007

  • HOA Fees

    -

  • Finished Area

    10,850 sqft

  • Lot Size

    0.01 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Nashville (RealTracs Mid) MLS

  • MLS Number

    3312443

  • MLS Status

    Active

  • Days on Market

    89

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 21

    Bathrooms: 14

Interior

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Dryer, Microwave, Range, Refrigerator, Oven, Washer

  • Interior Features

    Ceiling Fan(s), Kitchen Island

  • Sewer

    Public Sewer

  • Cooling

    Central Air, Ceiling Fan(s)

Construction

  • Year Built

    Year Built: 2007

  • Home type

    Single Family Residence

  • Construction Materials

    Frame, Other

  • Architectural Style

    Contemporary

Utilities & Energy

  • Utilities

    Electricity Available, Water Available

  • Basement

    Finished

  • Laundry Features

    Washer Hookup, Electric Dryer Hookup

  • Security Features

    Security System, Smoke Detector(s)

  • Water Source

    Public

Other Features

  • Patio And Porch Features

    Deck

  • Lot Features

    Cul De Sac, Zero Lot Line

  • Subdivision Name

    Cambridge Estates

Price History

DateEventPrice

08/03/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3312443

Listed for Sale

$3,975,000 -3.05%

$366/sqft

08/03/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3312443

Price Increased

$4,100,000 +17.14%

$378/sqft

08/03/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN as distributed by MLS GRID #RTC3312443

Price Decreased

$3,500,000 -14.63%

$323/sqft

07/30/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3312443

Coming Soon

$4,100,000

$378/sqft

Nearby Homes

Based on information from Realtracs® through Oct 31, 2026, 09:46PM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736

Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.

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