516 Proffitt Rd Unit #1, Gatlinburg, TN 37738
- $575,000
- 3
- BD
- 2
- BA
- 1,500
- SqFt
- List Price
- $575,000
- Status
- ACTIVE
- MLS#
- 3528184
- Days on Market
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 1,500
- Lot Size
- 2,178
- Acres
- 0.05
- County
- Sevier County
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.**
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Additional Information
- Amenities Other
- Ceiling Fan(s), Kitchen Island
- Basement Description
- Finished
- Construction Type
- Frame, Other
- Cooling System
- Central Air, Ceiling Fan(s)
- Green Features
- Windows
- Heating System
- Central, Electric
- Interior Other
- Ceiling Fan(s), Kitchen Island
- Laundry
- Washer Hookup, Electric Dryer Hookup
- Living Area
- 1,500
- Lot Description
- Zero Lot Line
- Lot Dimensions
- 48.25 X 50.75 IRR
- Patio Deck
- Deck
- Sewer System
- Public Sewer
- Style
- Contemporary
- Subdivision
- Cambridge Estates
- Subtype
- Single Family Residence
- Tax Amount
- $941
- Unit Number
- 1
- Water Source
- Public
- Year Built
- 2005
- Style
- Contemporary
- Type
- Single Family Residential
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Listing courtesy of Keller Williams Realty.
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