516 Proffitt Road #UNIT 2, Gatlinburg, TN 37738
516 Proffitt Road #UNIT 2, Gatlinburg, TN 37738
516 Proffitt Road #UNIT 2, Gatlinburg, TN 37738
516 Proffitt Road #UNIT 2, Gatlinburg, TN 37738
516 Proffitt Road #UNIT 2, Gatlinburg, TN 37738
516 Proffitt Road #UNIT 2, Gatlinburg, TN 37738
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Karen Griffin

Karen Griffin

+1(931) 236-2700
Listed by Chris Ball • Keller Williams Realty
$ 575,000
Est. payment | /mo

3 Beds

2 Baths

1,550 SqFt

Save
$ 575,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,550 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,550 sqft

Price per Sqft $370

MLS Listing ID 3528090

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 2005

Annual Tax Amount $924

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 57.84 X 47.85 IRR

Property Sub-Type Townhouse

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.**

Location

State TN

County Sevier County

Interior

Interior Features Kitchen Island

Heating Other

Cooling Central Air

Flooring Luxury Vinyl

Fireplace Y

Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer

Exterior

Utilities Available Water Available

View Y/N false

Private Pool false

Building

Lot Description Zero Lot Line

Story 2

Sewer Public Sewer

Water Public

Structure Type Frame,Wood Siding

New Construction false

Others

Senior Community false

Special Listing Condition Standard

RealTracs IDX
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Karen Griffin

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+1(931) 236-2700

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516 Proffitt Road #UNIT 2