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

$4,100,000

Active Listing ID 9999038
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21 bed
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1,550 square feet
bath icon
14.00 Bath (14 Full)
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Lot: 0.01 Acres
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Condominium

$4,100,000

Active Listing ID 9999038
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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: Condominium
  • Features
  • Full Bathrooms: 14
  • Cooling System: Central Air, Ceiling Fan(s)
  • Exterior Finish: Balcony
  • Floor Covering: Vinyl
  • Roof Type: Metal
  • Heating Fuels: Central
  • Additional Features
  • Patio

School Information

  • School
  • Pittman Center Elementary School(Elementary)
  • Gatlinburg-Pittman(MiddleSchool)
  • Gatlinburg Pittman High School(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • 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: 1550
  • livingareaunits: Square Feet
  • latitude: 35.742288
  • longitude: -83.452321
  • listagentfullname: Christopher Ball
  • listagentemail: chrisball@kw.com
  • listagentkey: 3yd-TVARMLS-33209
  • listagentmlsid: 33209
  • listagentpreferredphone: 4237655153
  • listagentofficephone: 8656945904
  • listofficekey: 3yd-TVARMLS-1142
  • listagentstatelicense: 346677
  • listofficemlsid: 1142
  • disclaimer: Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 2007
  • listingcontractdate: 2026-08-03
  • listagenturl: http://chrisballproperties.kw.com
  • countyorparish: Sevier
  • parcelnumber: 117e H 00501 000
  • elementaryschool: Pittman Center Elementary School
  • highschool: Gatlinburg Pittman High School
  • appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • cooling: Central Air, Ceiling Fan(s)
  • constructionmaterials: Wood Siding
  • flooring: Vinyl
  • heating: Central
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Balcony
  • windowfeatures: Insulated Windows
  • architecturalstyle: Other
  • rooms: Bedroom 14, Bedroom 6, Bedroom 8, Bathroom 6, Bedroom 19, Bedroom 5, Bedroom 10, Bathroom 1, Bedroom 17, Bedroom 9, Bedroom 1, Bathroom 11, Bedroom 11, Bedroom 13, Bathroom 7, Bedroom 16, Bedroom 3, Bathroom 8, Bathroom 3, Bedroom 20, Bathroom 14, Bathroom 12, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 18, Bedroom 12, Bedroom 15, Bathroom 10, Bathroom 5, Bathroom 9, Bathroom 13, Bedroom 21, Bathroom 2, Bedroom 7
  • 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 KNOXVILLE", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chrisball@kw.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"KELLER WILLIAMS REALTY KNOXVILLE", "ListBrokeragePhone":"8656945904", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5616 KINGSTON PIKE SUITE 201 KNOXVILLE TN 37919", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"8550 Kingston Pike ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1142", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"kentleadbetter@gmail.com", "ListOfficePostalCode":"37919", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - Other - Gatlinburg, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/516-Proffitt-Rd-Unit-1_Gatlinburg_TN_37738_M94440-53844?f=listhub&s=TVARMLS&m=9999038&c=rexren", "MLSModificationTimestamp":"2026-08-07 18:01:26", "Neighborhoods":[{"Description":null, "Name":"Not Listed"}], "PostalCode":null, "RoomCount":35, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":852, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/7/2026 6:09:23 PM GMT
Source Updated Date: 8/27/2026 12:33:51 PM GMT

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

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.