516 Proffitt Rd # 1

Gatlinburg, TN
$ 575,000 Beds 3 Baths 2 Sq 1,500
Monthly Estimate* How much can I afford?

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.**

Active

  • Price
  • $ 575,000
  • City
  • Gatlinburg
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • SEVIER
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.05 Acres
  • Zip
  • 37738
  • Sqr Footage
  • 1,500
  • Year Built
  • 2005
  • Taxes
  • $ 941
  • Style
  • Contemporary
  • MLS#
  • 3528184
Listed By: Keller Williams Realty;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Clarksville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/28/2026 Listed $575,000

Property vs Zip Code 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®

516 Proffitt Rd # 1 Gatlinburg, TN is a Single Family Home for sale at $575000 with 1500 sqft and a lot size of 0.05 Acres Acre(s). 516 Proffitt Rd # 1 Gatlinburg has 3 bedrooms, 2 baths and was built in 2005. The property's zip code is 37738 which is in Gatlinburg, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.