516 Proffitt RD UNIT 2, Gatlinburg, TN 37738
516 Proffitt RD UNIT 2, Gatlinburg, TN 37738
516 Proffitt RD UNIT 2, Gatlinburg, TN 37738
516 Proffitt RD UNIT 2, Gatlinburg, TN 37738
516 Proffitt RD UNIT 2, Gatlinburg, TN 37738
516 Proffitt RD UNIT 2, Gatlinburg, TN 37738
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Listed by Christopher Ball • Keller Williams Realty - Knox Premier Prop
$ 575,000
Est. payment | /mo

3 Beds

2 Baths

1,550 SqFt


Save
$ 575,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,550 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,550 sqft

Price per Sqft $370

MLS Listing ID 313542

Style Contemporary

Bedrooms 3

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,550

Year Built 2005

Annual Tax Amount $924

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Townhouse

Source Great Smoky Mountains Association of REALTORS®

Land Area 1550

Property Description

Turn-key short-term rental in Gatlinburg's Great Smoky Arts & Crafts Community, just six miles from Great Smoky Mountains National Park and with no HOA. Completely renovated from top to bottom in 2026, this fully furnished townhome is ready to generate income from day one. Featuring 3 bedrooms, 2 bathrooms, a bonus room, and approximately 1,500 square feet, this property comfortably sleeps 8 guests. Enjoy a private hot tub and three private balconies surrounded by trees, with seasonal mountain views that create the perfect Smoky Mountain getaway. The thoughtful layout offers plenty of space for guests to relax, gather, and enjoy their stay. This property is already operating as a successful short-term rental, giving you the opportunity to step into an established income-producing investment rather than take on a renovation project. With a projected gross revenue of $62,800, this is an opportunity to own a fully furnished, income-producing retreat in one of the most sought-after destinations in the Smokies. Walk into cash flow, not a project. **Looking for a larger investment opportunity? Seven total units are available and may be purchased together as a portfolio.**

Location

State TN

County Sevier

Zoning R2

Direction From Downtown Gatlinburg, take 321 towards Cosby for approximately 3.9 miles. Turn left on Proffitt Rd.

Rooms

Basement Finished

Interior

Interior Features Eat-in Kitchen, Kitchen Island, Living/Dining Combo

Heating Central

Cooling Central Air

Flooring Luxury Vinyl

Furnishings Furnished

Fireplace No

Window Features Insulated Windows

Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features Off Street

Utilities Available Internet Available

Porch Deck

Garage No

Building

Lot Description Zero Lot Line

Story 2

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Structure Type Frame,Wood Siding

New Construction No

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Nearby Locations

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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516 Proffitt RD UNIT 2