516 Proffitt Rd Unit #1, Gatlinburg, TN 37738

$575,000
3
BD
2
BA
1,500
SqFt

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List Price
$575,000
Status
ACTIVE
Days on Market
15
MLS#
3528184
Subtype
Residential
Style
Contemporary
Year Built
2005
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,500
Lot Size
2,178
Acres
0.05
Subdivision
Cambridge Estates

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.**

Additional Information

Property Description
Contemporary
Exterior Construction
Frame, Other

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Listing courtesy of Keller Williams Realty.

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