Address not disclosed, Gatlinburg, TN
Address not disclosed, Gatlinburg, TN
Address not disclosed, Gatlinburg, TN
Address not disclosed, Gatlinburg, TN
Address not disclosed, Gatlinburg, TN
Address not disclosed, Gatlinburg, TN
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Listed by Christopher Ball • Keller Williams Realty - Knox Premier Prop
$ 3,975,000
Est. payment | /mo

21 Beds

14 Baths

1,550 SqFt


Save
$ 3,975,000
Est. payment | /mo
Save

21 Beds

14 Baths

1,550 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,550 sqft

Price per Sqft $2,564

MLS Listing ID 313083

Bedrooms 21

Full Baths 14

HOA Y/N No

Year Built 2007

Annual Tax Amount $924

Tax Year 2025

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Duplex

Source Great Smoky Mountains Association of REALTORS®

Land Area 1550

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. Every unit renovated top to bottom in 2026. Every unit is fully furnished. 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 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.

Location

State TN

County Sevier

Zoning R-2

Direction From downtown Gatlinburg, take 321 towards Cosby for approximately 3.9 miles. Turn left on Proffitt Rd. Turn right on Johnson Ln. and follow to unit on left.

Interior

Interior Features Additional Living Quarters, Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Luxury Vinyl

Fireplace No

Window Features Insulated Windows

Laundry In Unit, Laundry Closet

Exterior

Parking Features Kitchen Level, Off Street, On Site, Outside, Parking Lot, Paved

Pool Hot Tub

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s), Seasonal, Trees/Woods

Garage No

Building

Lot Description Views, Wooded

Story 2

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Michaellien Ginter

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(419) 788-3437

michaellien@the865team.com

40 Burton Hills Blvd STE 200, Nashville, TN 37215, USA

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