Proffitt Johnson Townhome
04-520 Proffitt Rd02
06-520 Proffitt Rd04
31-520 Proffitt Rd 29
10-520 Proffitt Rd09
01-537 Johnson Ln unit 1 03
07-537 Johnson Ln unit 1 22
05-537 Johnson Ln unit 1 20
12-537 Johnson Ln unit 1 19
09-537 Johnson Ln unit 1 16
13-537 Johnson Ln unit 1 08
28-520 Proffitt Rd 22
20-537 Johnson Ln unit 1 15
18-537 Johnson Ln unit 1 13
14-537 Johnson Ln unit 1 09
16-537 Johnson Ln unit 1 11
19-537 Johnson Ln unit 1 14
24-537 Johnson Ln unit 1 07
01-537 Johnson Ln unit 2 21
06-537 Johnson Ln unit 2 01
08-537 Johnson Ln unit 2 03
09-537 Johnson Ln unit 2 04
11-537 Johnson Ln unit 2 06
21-537 Johnson Ln unit 2 16
14-537 Johnson Ln unit 2 09
20-537 Johnson Ln unit 2 15
19-537 Johnson Ln unit 2 14
22-537 Johnson Ln unit 2 17
15-537 Johnson Ln unit 2 10
16-537 Johnson Ln unit 2 11
27-537 Johnson Ln unit 2 18
03-516 Proffitt Rd19
04-516 Proffitt Rd04
06-516 Proffitt Rd06
08-516 Proffitt Rd08
10-516 Proffitt Rd10
16-516 Proffitt Rd15
18-516 Proffitt Rd02
13-516 Proffitt Rd03
14-516 Proffitt Rd13
17-516 Proffitt Rd18
15-516 Proffitt Rd14
12-516 Proffitt Rd01
20-516 Proffitt Rd16
03-520 Proffitt Rd 24
07-520 Proffitt Rd 02
08-520 Proffitt Rd 03
10-520 Proffitt Rd 05
11-520 Proffitt Rd 06
22-520 Proffitt Rd 16
18-520 Proffitt Rd 12
17-520 Proffitt Rd 11
15-520 Proffitt Rd 09
14-520 Proffitt Rd 08
20-520 Proffitt Rd 14
24-520 Proffitt Rd 18
08-520 Proffitt Rd05
57 photos

$3,975,000

516 & 537 Proffitt Rd. & Johnson Ln. 1-7, Gatlinburg, TN 37738
Gatlinburg, TN 37738
Listed by Chris Ball · Keller Williams Realty
Bedrooms
21
Bathrooms
14
Living area
N/A
Year built
2007

About this home

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.

Property details

MLS #
1349974
Property type
Single Family Residence
Subdivision
Cambridge Estates
Status
Active
Days on market
20
On market date
August 3, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.01 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Pittman Center Elementary
2.46 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
314
Student:teacher ratio
17.4:1
District
Sevier County
Middle
Gatlinburg Pittman Junior High
0.57 mi away · Grades 7-9
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
410
Student:teacher ratio
12.4:1
District
Sevier County
High
Gatlinburg Pittman High
0.57 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
388
Student:teacher ratio
10.8:1
District
Sevier County

Mortgage calculator

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Est. monthly payment
$24,088/mo
$795,000 down
$3,180,000 loan
Principal & interest$20,625
Property tax (est.)$3,313
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.