Cambridge Estates Homes for Sale

Welcome to Cambridge Estates, a charming subdivision nestled in the heart of Clarksville, Tennessee. This vibrant community in Montgomery County offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Cambridge Estates is characterized by its picturesque streets lined with beautifully maintained homes, each exuding a sense of warmth and character. With a variety of architectural styles, from traditional to contemporary, there’s a perfect home for every taste and lifestyle. The community is designed with family living in mind, featuring spacious yards, inviting sidewalks, and a friendly atmosphere that promotes neighborly connections.

For those seeking to make Cambridge Estates their home, there are an array of homes for sale that cater to diverse needs and budgets. Whether you’re looking for a cozy starter home or a more expansive property to accommodate a growing family, you’ll find options that meet your criteria. Many of these homes come equipped with modern amenities, open floor plans, and beautiful outdoor spaces perfect for entertaining or enjoying peaceful evenings.

Living in Cambridge Estates means you’re just a stone’s throw away from local parks, shopping centers, and excellent schools, ensuring that all your daily needs are conveniently met. Plus, the proximity to major highways makes commuting to nearby cities a breeze.

Discover the charm of Cambridge Estates and find your dream home today. Experience the perfect blend of comfort, community, and convenience in this delightful Clarksville neighborhood!

Newest Cambridge Estates Homes for Sale

$575,000

3 Beds ⋅ 2 Baths ⋅ 3528184 MLS ⋅ ACTIVE Status ⋅ 0.05 Acres ⋅ 37738 Zip Code

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.**

516 Proffitt Rd Unit #1, Gatlinburg

$3,975,000

21 Beds ⋅ 14 Baths ⋅ 3312443 MLS ⋅ ACTIVE Status ⋅ 0.01 Acres ⋅ 37738 Zip Code

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.

516537 Proffitt Rd. & Johnson Ln. Unit #1-7, Gatlinburg

$550,000

4 Beds ⋅ 3 Baths ⋅ 3190390 MLS ⋅ ACTIVE Status ⋅ 1.4100000000000001 Acres ⋅ 37043 Zip Code

Tucked into the heart of the Hilldale area, this all-brick ranch blends classic character with a full renovation, set among mature trees in one of Clarksville’s most established neighborhoods. Inside, the updates are immediately apparent—new flooring, fresh paint, updated lighting, and beautifully redone bathrooms create a clean, cohesive feel throughout. The layout offers both defined spaces and an easy flow, with a formal living room, dedicated dining room, and an open-concept kitchen and main living area designed for everyday living. The kitchen stands out with quartz countertops, a large island with bar seating, farmhouse sink, SS appliances, and an oversized walk-in pantry with shelving, cabinetry, countertops and built-in microwave space. It opens seamlessly to the main living room, where a fireplace anchors the space and doors lead to a spacious deck—perfect for entertaining or enjoying the private, tree-lined setting. The primary suite offers a comfortable retreat with its own dedicated laundry, double vanity, and walk-in shower. Two additional bedrooms and an updated hall bath provide flexibility for family or guests. The finished basement expands the home’s versatility with a full in-law suite, including its own kitchen, living area with fireplace, bedroom, office, full bath, and separate laundry—ideal for multi-generational living or guests. Outside, enjoy a covered patio, large deck, and circular driveway, along with a two-car built-in garage and pull-down attic storage. A rare opportunity to own a fully updated home in a sought-after, established setting.

351 Hampshire Dr, Clarksville

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.