- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$5,000,000
Monthly Est:$24,887
36 Beds
- 48 Baths
36 full baths + 12 half baths
17,662sqft
812 Powdermill Rd, Gatlinburg, TN 37738
$5,000,000
$24,887/moEst:
Get Pre-Approved
Townhouse
Built in 2026
$4,200/mo HOA
0.85 acre lot
$283/sq.ft
Description
INVESTORS — LET YOUR MONEY WORK FOR YOU! 12 BRAND-NEW TOWNHOMES | 36 BEDROOMS | $600K+ ANNUAL SHORT-TERM RENTAL POTENTIAL!
An incredible opportunity to purchase an ENTIRE 12-UNIT TOWNHOME COMPLEX in Gatlinburg's highly desirable Arts & Crafts District, just 5 miles from Downtown Gatlinburg! Currently under construction with anticipated completion before the end of 2026, this investment offers substantial income potential, city utilities, and low-maintenance ownership.
TWO INCOME STRATEGIES!
- Short-Term Rentals: $600,000+ in projected annual gross revenue.
- Long-Term Residential Rentals: Approximately $220,000 in projected annual gross revenue.
Each of the 12 townhomes features 3 bedrooms, 3.5 bathrooms, an open-concept kitchen and living area with a centered fireplace, main-level laundry, and a convenient half bath. Upstairs, all three bedrooms offer private full bathrooms, creating an ideal layout for vacation guests or long-term tenants.
LOCATION & CONVENIENCE! Easy, flat city-maintained roads with no steep mountain drives, front-door parking, attractive stone exterior accents, and convenient access to Gatlinburg's attractions, shopping, and dining. HOA includes water, sewer, and trash, simplifying ownership and management.
Zoned R-2, offering flexibility for short-term rentals, long-term rentals, or a combination of both.
12 UNITS | 36 BEDROOMS | 42 TOTAL BATHROOMS | 5 MILES TO DOWNTOWN GATLINBURG
A rare opportunity to acquire an entire new-construction complex with multiple income strategies in one of East Tennessee's most popular vacation destinations. BUILD YOUR PORTFOLIO AND LET YOUR MONEY WORK FOR YOU!
Rental projections are estimates of potential gross revenue and are not guaranteed.
- Houzeo last checked: 9 minutes ago
- Listing updated: October 22, 2026 at 7:21 pm
- Listing Provided by: Krista DeCarmine (865) 696-7926 DRE #314542 | TN Smoky Mtn Realty (865) 280-2569
- Source: Nashville (RealTracs Mid) MLS-TN as distributed by MLS GRID | MLS#: 3624123

Property Details
Status
Active
Type
Townhouse
No. of Stories
2
County
City
Neighborhood
--
Year Built
2026
HOA Fees
$4200/mo
Finished Area
17,662 sqft
Lot Size
0.85 acre lot
Basement Area
- sqft
MLS Name
Nashville (RealTracs Mid) MLS
MLS Number
3624123
MLS Status
Active
Days on Market
9

Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
HOA Management
N/A
HOA Fees
$4,200/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
Sewer
Water
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 36
Bathrooms: 48
Interior
Sewer
Public Sewer
Interior Features
Ceiling Fan(s), Kitchen Island
Flooring
Luxury Vinyl
Heating
Heat Pump
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Other
Construction
Year Built
Year Built: 2026
Home type
Townhouse
Construction Materials
Block, Frame, Stone
Roof
Shingle
Utilities & Energy
Utilities
Water Available
Basement
None
Parking Features
Asphalt, Driveway
Water Source
Public
Fireplace Features
Electric
Other Features
Lot Features
Level
Patio And Porch Features
Porch, Covered
Subdivision Name
Other
Price History
| Date | Event | Price |
|---|---|---|
10/22/2026 Source: | Listed for Sale | $5,000,000 $283/sqft |
Nearby Homes
Find Homes by Property Features in Gatlinburg, TN
Nearby New Homes For Sale
Based on information from Realtracs® through Nov 01, 2026, 03:30AM. 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.









