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Charlene Goodwin
REALTOR®, #228392
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516 & 537 Proffitt Rd. & Johnson Ln., Gatlinburg, TN 37738

$4,100,000
  • 516 & 537 Proffitt Rd. & Johnson Ln., Gatlinburg, TN 37738 Main Photo

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Active
BEDS21 BATHS14 full SQUARE FEET10,850 MLS#1349974
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCambridge Estates

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 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.

516 & 537 Proffitt Rd. & Johnson Ln. | MLS# 1349974

This single family home located at 516 & 537 Proffitt Rd. & Johnson Ln., Gatlinburg, TN 37738 is currently listed for sale with an asking price of $4,100,000. This property was built in 2007 and has 21 bedrooms and 14 full baths with 10850 sq. ft. & 537 Proffitt Rd. & Johnson Ln. is located in the Cambridge Estates subdivision. Search Cambridge Estates real estate on cgoodwin.fergusonrealtors.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Electric
Home Style: Contemporary
Lot Size: 0.01 Acres
Year Built: 2007

Amenities

Kitchen Island
Eat-in Kitchen

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Days on Site: 18
Exterior: Wood Siding, Frame
Lot: Cul-De-Sac, Zero Lot Line
Parcel #: 117E H 00501 000
Parking: Off-Street Parking, Designated Parking, Main Level, Common
Security Features: Security Alarm, Smoke Detector
Sewer: Public Sewer
Special View Info: Wooded, Seasonal Moun
SQFT Total: 10850
View: Wooded, Seasonal Mountain
Water: Public
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty

Shown By

Agent Name: Charlene Goodwin
Agent Phone: (865) 973-3284
Agency Title: Ferguson Realtors

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Estimated Payment

$ 21,927.66 per month $20,731.83 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,195.83 Homeowner's Insurance

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TREC # 15429 Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/17/2026. The listing information on this page last changed on 08/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/17/2026 1:14:17 AM EST) or East Tennessee REALTORS (last updated Mon 08/17/2026 12:24:48 AM EST). Real estate listings held by brokerage firms other than Ferguson Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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