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516 & 537 Proffitt Rd & Johnson Lane
Gatlinburg TN 37738 US

$4,100,000

Active Listing ID 712450
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12 bed
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8.00 Bath (8 Full)
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Lot: 0.01 Acres
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Townhouse

$4,100,000

Active Listing ID 712450
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516 & 537 Proffitt Rd & Johnson Lane 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: Townhouse
  • Features
  • Full Bathrooms: 8
  • Cooling System: Central Air, Ceiling Fan(s)
  • Floor Covering: Vinyl
  • Heating Fuels: Central
  • Additional Features
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Townhouse
  • listprice: 4100000
  • unparsedaddress: 516 & 537 Proffitt Rd & Johnson Lane
  • postalcity: Gatlinburg
  • stateorprovince: TN
  • country: US
  • postalcode: 37738
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.01
  • lotsizeunits: Acres
  • lotsizearea: 0.01
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.742287
  • longitude: -83.452321
  • listagentfullname: Christopher Ball
  • listagentemail: chrisball@kw.com
  • listagentkey: 3yd-LAARTN-315_4366
  • listagentmlsid: 315_4366
  • listagentpreferredphone: 4237655153
  • listagentofficephone: 8656945904
  • listofficekey: 3yd-LAARTN-315
  • listofficemlsid: 315
  • disclaimer: Copyright © 2026 Lakeway Area Association of 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: LAARTN
  • yearbuilt: 2007
  • listingcontractdate: 2026-08-03
  • countyorparish: Sevier
  • parcelnumber: 117E H 00501 000
  • appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer Stacked
  • cooling: Central Air, Ceiling Fan(s)
  • constructionmaterials: Frame, Wood Siding
  • flooring: Vinyl
  • heating: Central
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Ceiling Fan(s)
  • windowfeatures: Insulated Windows
  • rooms: Bedroom 5, Bedroom 6, Bathroom 8, Bathroom 1, Bedroom 10, Bedroom 1, Bedroom 4, Bathroom 6, Bathroom 7, Bedroom 3, Bathroom 3, Bedroom 12, Bathroom 5, Bedroom 8, Bedroom 2, Bathroom 2, Bedroom 9, Bathroom 4, Bedroom 7, Bedroom 11
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.452324, 35.742287
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chrisball@kw.com", "ListBrokerageCity":"Knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Realty", "ListBrokeragePhone":"8656945904", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":"N-600", "ListBrokerageUnparsedAddress":"1111 N Northshore Dr", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"8550 Kingston Pike ", "ListOfficeAddress2":"N-600", "ListOfficeBrokerMlsId":"315", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"kentleadbetter@gmail.com", "ListOfficePostalCode":"37919", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"TOWNHOME - Gatlinburg, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/516-Proffitt-Rd-Unit-1_Gatlinburg_TN_37738_M94440-53844?f=listhub&s=LAARTN&m=712450&c=rexren", "MLSModificationTimestamp":"2026-08-07 17:59:52", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":924, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/8/2026 9:31:58 AM GMT
Source Updated Date: 8/13/2026 1:04:03 AM GMT

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

Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.