Views
Address
516 Proffitt Rd # 1, Gatlinburg, TN
Price
$ 575,000
Property Attributes
  • MLS#3528184
  • TypeSingle Family
  • Listing Status Active
  • CountySEVIER
  • CityGatlinburg
  • NeighborhoodCambridge Estates
  • Zip37738
  • StyleContemporary
  • Year Built2005
  • Taxes$ 941
  • Price$ 575,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size0.05 Acres
Data Source:
Listing courtesy of RealTracs MLS as distributed by MLS GRID
Property Description

Turn-key short-term rental in Gatlinburg's Great Smoky Arts & Crafts Community, just six miles from Great Smoky Mountains National Park and with no HOA. Completely renovated from top to bottom in 2026, this fully furnished townhome is ready to generate income from day one. Featuring 3 bedrooms, 2 bathrooms, a bonus room, and approximately 1,500 square feet, this property comfortably sleeps 8 guests. Enjoy a private hot tub and three private balconies surrounded by trees, with seasonal mountain views that create the perfect Smoky Mountain getaway. The thoughtful layout offers plenty of space for guests to relax, gather, and enjoy their stay. This property is already operating as a successful short-term rental, giving you the opportunity to step into an established income-producing investment rather than take on a renovation project. With a projected gross revenue of $62,800, this is an opportunity to own a fully furnished, income-producing retreat in one of the most sought-after destinations in the Smokies. Walk into cash flow, not a project. **Looking for a larger investment opportunity? Seven total units are available and may be purchased together as a portfolio.**

Price History
8/28/2026 Listed $575,000

General Features

Living Area 1500
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s)
Utilities Electricity Available,Water Available
Possession Close Of Escrow
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Oven,Washer
Patio/Porch Features Deck
Architectural Style Contemporary
Security Features Security System
Construction Materials Frame,Other
Year Built 2005
Topography Zero Lot Line
Levels Three Or More
Unit Number 1
Property Subtype Single Family Residence
County Sevier County,TN
New Construction No
Property Type Residential
Attached Garage No
Energy Efficient Windows
Subdivision Name Cambridge Estates
Full Baths 2
Status Active
Buyer Financing Other,Conventional
Directions From downtown Gatlinburg,take 321 towards Cosby for approximately 3.9 miles. Turn left onto Proffitt Rd.
City Gatlinburg
Senior Community Y/N No
Lot Size Units Acres
Property Attached Y/N No
Year Built Details Existing
Tax Annual Amount 941
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s),Kitchen Island
Basement Finished
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Washer Hookup,Electric Dryer Hookup
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Owner
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Lot Features Zero Lot Line
Water Source Public
Lot Size Area 0.05
Building Area Total 1500
Lot Dimensions 48.25 X 50.75 IRR
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 37738

Price
AVG $920K
$580K
Taxes
AVG $2,547
$941
Year Built
AVG 2004
2005
Visits
AVG 6
7
Data Provided by Inside Real Estate®