812 Powdermill Road # Units 1-12 Gatlinburg, TN $ 5,000,000
812 Powdermill Road # Units 1-12
$ 5,000,000
Recently Listed New Construction
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812 Powdermill Road # Units 1-12

Gatlinburg, TN, 37738
$ 5,000,000
Bedrooms36 Baths36.12 Sq 17,662

Monthly Estimate*

$ 34,534

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Townhouse for sale in Gatlinburg, TN

for $5,000,000 with 36 bedrooms and 36 full baths, 12 half baths. This 17,662 square foot townhouse was built in 2026 on a lot size of 0.85.

INVESTORS — LET YOUR MONEY WORK FOR YOU! 12 BRAND-NEW TOWNHOMES | 36 BEDROOMS | $600K+ ANNUAL SHORT-TERM RENTAL POTENTIAL! An incredible opportunity to purchase an ENTIRE 12-UNIT TOWNHOME COMPLEX in Gatlinburg's highly desirable Arts & Crafts District, just 5 miles from Downtown Gatlinburg! Currently under construction with anticipated completion before the end of 2026, this investment offers substantial income potential, city utilities, and low-maintenance ownership. TWO INCOME STRATEGIES! - Short-Term Rentals: $600,000+ in projected annual gross revenue. - Long-Term Residential Rentals: Approximately $220,000 in projected annual gross revenue. Each of the 12 townhomes features 3 bedrooms, 3.5 bathrooms, an open-concept kitchen and living area with a centered fireplace, main-level laundry, and a convenient half bath. Upstairs, all three bedrooms offer private full bathrooms, creating an ideal layout for vacation guests or long-term tenants. LOCATION & CONVENIENCE! Easy, flat city-maintained roads with no steep mountain drives, front-door parking, attractive stone exterior accents, and convenient access to Gatlinburg's attractions, shopping, and dining. HOA includes water, sewer, and trash, simplifying ownership and management. Zoned R-2, offering flexibility for short-term rentals, long-term rentals, or a combination of both. 12 UNITS | 36 BEDROOMS | 42 TOTAL BATHROOMS | 5 MILES TO DOWNTOWN GATLINBURG A rare opportunity to acquire an entire new-construction complex with multiple income strategies in one of East Tennessee's most popular vacation destinations. BUILD YOUR PORTFOLIO AND LET YOUR MONEY WORK FOR YOU! Rental projections are estimates of potential gross revenue and are not guaranteed.

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Townhouse Active

Price

$ 5,000,000

Bedrooms

36

Full Bath

36

Half Bath

12

Property Type

Townhouse

Taxes

$ 175

Style

Lot Size

0.85

Year Built

2026

Town/City

Gatlinburg

County/Region

Sevier

MLS | Web ID

3624123

Features
General
Living Area 17662
Sewer Public Sewer
Heating Heat Pump
Cooling Other
Utilities Water Available
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Electric Range Microwave Refrigerator
HOA Fee 4200
Garage Spaces 0
Association Fee Includes Maintenance Grounds Sewer Water
Patio/Porch Features Porch Covered
Construction Materials Block Frame Stone
Pets Allowed Yes
Year Built 2026
Stories Count 2
Topography Level
Levels One
Unit Number Units 1-12
Property Subtype Townhouse
Assoc Fee Paid Per Monthly
County Sevier County TN
New Construction Y
Property Type Residential
Attached Garage N
Subdivision Name Other
Garage Y/N N
Full Baths 36
Status Active
Directions From downtown Gatlinburg turn left onto East Parkway. Follow to Glades Rd take a left onto Glades. Turn left at the first blinking light Powdermill Rd. Property will be on your right in .1 miles.
City Gatlinburg
Senior Community Y/N N
Lot Size Units Acres
Property Attached Y/N Y
Year Built Details New
Tax Annual Amount 175
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 None
Flooring Luxury Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 17662
Half Baths 12
Total Bedrooms 36
Main Level Bedrooms 36
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Agent Measured
Above Grade Finished Area Source Agent Measured
Above Grade Finished Area Unit Type Square Feet
Total Baths 48
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Exterior
Parking Features Asphalt Driveway
Lot Features Level
Water Source Public
Total Parking 0
Lot Size Area 0.85
Building Area Total 17662
Lot Dimensions 220 M X 208.16 IRR
Lot Size Acres 0.85
Lot Size Source Agent Calculated
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 812
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* Excluded Features
List By
Tn Smoky Mtn Realty

Broker

kristasellstn@gmail.com

Email

Affordability Calculator

$34,548
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,534
Monthly Property Taxes
$15
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/22/2026$5,000,000 Listed Price

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812 Powdermill Road # Units 1-12, Gatlinburg, TN, 37738 is a Townhouse for sale at $5,000,000 with 17,662 sqft and a lot size of 0.85. 812 Powdermill Road # Units 1-12 has 36 bedrooms, 36.12 baths, and was built in 2026. The property's zip code is 37738 which is in Gatlinburg, TN