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$575,000
Active516 Proffitt Road #2
Gatlinburg, TN 37738
1,550
Square Feet
3
Beds
2
Baths
0.06
Acres
14
Days on Market
RTC3528090
MLS#
Townhouse
Structure
Residential
Zone
Listing OfficeKeller Williams Realty
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.**
Property Details
- Interior
- Kitchen Island
- Cooling
- Central Air
- Heating
- Central
- Cooling Features
- Central Air
- Bedrooms
- 3
- Bathrooms
- 2.0
- Full Baths
- 2
- Lot Features
- Zero Lot Line
- Stories
- 2
- Lot Description
- Zero Lot Line
- Acres
- 0.06
- Square Feet
- 1550.0
- Parking Spaces
- 0.0
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Finished
- Basement Finished
- 1
- Year Built
- 2005
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Water Available
- Appliances
- Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
- Water
- Public
- Subdivision
- Other
- County
- Sevier County, TN
- Region
- Gatlinburg
- Original List Price
- $575,000
- Taxes Annual
- $924
- MLS #
- 3528090
- Property Subtype
- Townhouse
- Parcel Number
- 117E H 00500 000
- MLS #
- 3528090
- Date Listed
- August 28, 2026
- Address
- 516 Proffitt Road #2
Location
Legal
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Provided By
Listed by Chris Ball (#RTC497366)
Listing Office: Keller Williams Realty (#RTC4829)