516537 Proffitt / Johnson Rd #1-7, Gatlinburg, TN 37738
516537 Proffitt / Johnson Rd #1-7, Gatlinburg, TN 37738
516537 Proffitt / Johnson Rd #1-7, Gatlinburg, TN 37738
516537 Proffitt / Johnson Rd #1-7, Gatlinburg, TN 37738
516537 Proffitt / Johnson Rd #1-7, Gatlinburg, TN 37738
516537 Proffitt / Johnson Rd #1-7, Gatlinburg, TN 37738
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Justin Reesy The Reesy Real Estate Team

Justin Reesy The Reesy Real Estate Team

+1(270) 779-9504
Listed by Chris Ball • Keller Williams Realty
$ 4,100,000
Est. payment | /mo

21 Beds

14 Baths

10,850 SqFt

Save
$ 4,100,000
Est. payment | /mo
Save

21 Beds

14 Baths

10,850 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 10,850 sqft

Price per Sqft $377

Subdivision Cambridge Estates

MLS Listing ID 3312443

Bedrooms 21

Full Baths 14

Year Built 2007

Annual Tax Amount $924

Lot Size 435 Sqft

Acres 0.01

Lot Dimensions 48.25 X 50.75 IRR

Property Sub-Type Single Family Residence

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 Rd Townhomes 1 & 2, and 541 Johnson Rd 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. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, four 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 County

Interior

Interior Features Ceiling Fan(s), Kitchen Island

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Fireplace Y

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Oven, Washer

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Private Pool false

Building

Lot Description Cul-De-Sac, Zero Lot Line

Sewer Public Sewer

Water Public

Structure Type Frame,Other

New Construction false

Others

Senior Community false

Special Listing Condition Standard

RealTracs IDX
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NEARBY SCHOOLS & PROPERTIES

Justin Reesy The Reesy Real Estate Team

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

+1(270) 779-9504

justinreesy@kw.com

979 Lovers Lane Ste C., Bowling Green, Kentucky, 42103, USA

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516537 Proffitt / Johnson Rd #1-7