516 Proffitt Rd # 1 Gatlinburg, TN $ 575,000
516 Proffitt Rd # 1
$ 575,000
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516 Proffitt Rd # 1

Gatlinburg, TN, 37738
$ 575,000
Bedrooms3 Baths2.0 Sq 1,500

Monthly Estimate*

$ 3,631

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Single Family Home for sale in Gatlinburg, TN

for $575,000 with 3 bedrooms and 2 full baths. This 1,500 square foot home was built in 2005 on a lot size of 0.05.

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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Single Family Active

Price

$ 575,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 941

Style

Contemporary

Lot Size

0.05

Year Built

2005

Town/City

Gatlinburg

County/Region

Sevier

MLS | Web ID

3528184

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 N
Property Type Residential
Attached Garage N
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 N
Lot Size Units Acres
Property Attached Y/N N
Year Built Details Existing
Tax Annual Amount 941
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s) Kitchen Island
Basement Finished
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features Washer Hookup Electric Dryer Hookup
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Lot Features Zero Lot Line
Water Source Public
Total Parking 0
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 N
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Internal Only
Street Number 1 516
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* Excluded Features
List By
Keller Williams Realty

Broker

chrisball@kw.com

Email

Affordability Calculator

$3,709
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$78
Monthly Home Insurance
--
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.
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Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$575,000 Listed Price

Map


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516 Proffitt Rd # 1, Gatlinburg, TN, 37738 is a Single Family Home for sale at $575,000 with 1,500 sqft and a lot size of 0.05. 516 Proffitt Rd # 1 has 3 bedrooms, 2.0 baths, and was built in 2005. The property's zip code is 37738 which is in Gatlinburg, TN