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516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738
516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738
516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738
516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738
516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738
516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738
516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738

516 - 537 Proffitt Rd & Johnson Ln #1-7 Gatlinburg, TN 37738

$3,975,000

ACTIVE
Beds
21
Baths
14
Sqft
10,850
Acres
0.01
Year
2007
Days on Site
7 Days
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$366
Date Listed
Jul 29, 2026

Description of 516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738

Listing details for 516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738 : 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.
Listing Updated : 09-21-2026 at 10:41 AM CDT
Listing Provided By

Chris Ball, Keller Williams Realty

Source

East Tennessee Realtors, MLS#: 1349974

For more information on this listing contact us at 865-213-2899

Property History

DateEventPrice
7/29/2026
Listed for sale
$3,975,000
$366/sqft
Source:East Tennessee Realtors #1349974
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Location of 516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738

Streetview of 516 - 537 Proffitt Rd & Johnson Ln #1-7, Gatlinburg, TN 37738

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For more information on this listing contact us at 865-213-2899