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516 Proffitt Road, Gatlinburg, TN 37738

$575,000
  • 516 Proffitt Road, Gatlinburg, TN 37738 Main Photo

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New to the Market Active
BEDS3 BATHS2 full SQUARE FEET1,500 MLS#313541
STATUSActive PROPERTY TYPEResidential -

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.**

516 Proffitt Road | MLS# 313541

This home located at 516 Proffitt Road, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $575,000. This property was built in 2005 and has 3 bedrooms and 2 full baths with 1500 sq. ft. Search Gatlinburg real estate on www.franklinrealty.com today.

Property Features

Property Type: Residential -
Basement: Yes
Basement: Finished
Cooling: Central Air
Heating: Central
Home Style: Contemporary
Lot Size: 0.05 Acres
Taxes: $940
Year Built: 2005

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Days on Site: 2
Exterior: Frame, Wood Siding
Flooring: Luxury Vinyl
Interior Amenities: Eat-in Kitchen, Kitchen Island, Living/Dining Combo
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Dimensions: 48.25 X 50.75 IRR
Parcel #: 117E H 00501 000
Parking: Off Street
Patio/Porch: Deck
Utilities: Internet Available
Windows: Insulated Windows

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty - Knox Premier Prop

Shown By

Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660

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Estimate Your Payment

Estimated Payment

$ 3,771.40 per month $3,525.36 Principal & Interest $78.33 Property Tax $167.71 Homeowner's Insurance

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