FOR SALE
$4,100,000

516537 Proffitt Rd & Johnson Lane
Gatlinburg, TN 37738

21
Bedrooms
14
Baths
10,850
Sqft
0.01
Acres
16
Days on Market
$378
Price Per Sqft.
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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 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.

516537 Proffitt Rd & Johnson Lane is a property for sale for $4,100,000 in Cambridge Estates Neighborhood located in Gatlinburg, TN 37738 and is part of Sevier County, TN . This home is 10,850 square feet and is located on a 0.01 acre lot and features 21 bedrooms and 14 bathrooms .

Listing Provided By: Chris Ball, Keller Williams Realty 8656945904 Source: Realtracs MLS#: RTC3312443

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Property Information
0.01 Acres
Topography
Cul-De-Sac, Zero Lot Line
Green Energy Efficient
Windows
Zip Code
37738
Water
Public Water
Lot Features
Cul-De-Sac, Zero Lot Line
Tax Annual Amount
924
Year Built
2007
Location Information
State
TN
County
Sevier County
City
Gatlinburg
Neighborhood
Cambridge Estates
Building Information
Basement Information
Finished Basement
21 Bedrooms
14 Full Bathrooms
Living Area
10, 850 Square Feet
Construction Materials
Frame
Architectural Style
Contemporary Style
Interior Features
Dishwasher
Dryer
Microwave
Range
Refrigerator
Oven
Washer
Security Features
Security System, Smoke Detector(s)
Ceiling Fans
Kitchen Island
General Information
Total Living Square Footage
10, 850
Exterior Features
Patio & Porch Features
Deck
Utility Information
Cooling
Central Cooling, Ceiling Fan(s)
Heating Type
Central Electric Heat, Central Electric Heat
Sewer
Sewer
Utilities Available
Electricity Available, Water Available
Rooms Information
Bathrooms
14
Laundry
Washer Hookup, Electric Dryer Hookup

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516537 Proffitt Rd & Johnson Lane
Gatlinburg, TN
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516537 Proffitt Rd & Johnson Lane
Gatlinburg, TN 37738

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516537 Proffitt Rd & Johnson Lane is a property for sale for $4,100,000 in Cambridge Estates Neighborhood located in Gatlinburg, TN 37738 and is part of Sevier County, TN . This home is 10,850 square feet and is located on a 0.01 acre lot and features 21 bedrooms and 14 bathrooms . Nearby schools include , , and . This address can also be written as 516537 Proffitt Rd & Johnson Lane, Gatlinburg, TN 37738. This home has been listed on BoldPorch since Jul 30, 2026 BoldPorch last checked and updated this listing on Aug 07, 2026 at 6:09pm UTC .