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516 & 537 Proffitt Rd. & Johnson Ln. 1-7
Gatlinburg TN 37738 US

$4,100,000

Active Listing ID 1349974
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21 bed
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10,850 square feet
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14.00 Bath (14 Full)
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Lot: 0.01 Acres
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Single Family Residence

$4,100,000

Active Listing ID 1349974
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516 & 537 Proffitt Rd. & Johnson Ln. 1-7 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.

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Property Features

  • Facts
  • Lot Size: 0.01 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 14
  • Cooling System: Central Air, Ceiling Fan(s)
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Basement
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 4100000
  • unparsedaddress: 516 & 537 Proffitt Rd. & Johnson Ln.
  • unitnumber: 1-7
  • postalcity: Gatlinburg
  • stateorprovince: TN
  • country: US
  • postalcode: 37738
  • bathroomsfull: 14
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.01
  • lotsizeunits: Acres
  • lotsizearea: 0.01
  • livingarea: 10850
  • livingareaunits: Square Feet
  • latitude: 35.742292
  • longitude: -83.452339
  • listagentfullname: Chris Ball
  • listagentemail: chrisball@kw.com
  • listagentkey: 3yd-KAARMLSTN-346677
  • listagentmlsid: 346677
  • listagentpreferredphone: 4237655153
  • listagentofficephone: 4237655153
  • listofficekey: 3yd-KAARMLSTN-1736
  • listofficemlsid: 1736
  • disclaimer: Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 2007
  • listingcontractdate: 2026-07-29
  • listagenturl: http://www.KWKnoxvilleWest.com
  • countyorparish: Sevier County - 27
  • parcelnumber: 117E H 00501 000
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • cooling: Central Air, Ceiling Fan(s)
  • constructionmaterials: Wood Siding, Frame
  • heating: Central, Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Kitchen Island, Eat-in Kitchen
  • architecturalstyle: Contemporary
  • rooms: Bathroom 5, Bathroom 2, Bathroom 14, Bedroom 14, Basement, Bedroom 11, Bedroom 5, Bedroom 19, Bathroom 10, Bedroom 4, Bedroom 7, Bedroom 21, Bathroom 11, Bathroom 3, Bathroom 8, Bedroom 18, Bedroom 3, Bedroom 8, Bedroom 12, Bedroom 1, Bedroom 17, Bathroom 9, Bedroom 16, Bathroom 1, Bedroom 20, Bedroom 2, Bedroom 15, Bedroom 10, Bathroom 12, Bathroom 7, Bedroom 13, Bathroom 6, Bedroom 6, Bedroom 9, Bathroom 13, Bathroom 4
  • securityfeatures: Security Alarm
  • patioandporchfeatures: Deck
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.45234, 35.74229
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Listing Changed: 8/7/2026 6:09:23 PM GMT
Source Updated Date: 8/12/2026 6:50:36 PM GMT

Courtesy of: Chris Ball, Keller Williams Realty, chrisball@kw.com

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.