Active
3 beds1,500 sqft$383/sqft
516 Proffitt Rd, Unit 1, Gatlinburg, TN 37738
Est: $3,001/moGet pre-approved
TownhouseProperty Type
2,178 sq ftLot Size
2005Year Built
$383/sq ftPrice per sq ft

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...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.
9 days on Market
  • Listed by: Chris Ball 423.765.5153 chrisball@kw.com • Keller Williams Realty
Last updated: 08/28/2026 10:45 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 3528091

Location

Listing Courtesy of Keller Williams Realty, Chris Ball (423.765.5153)
Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,001 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,923

Property Taxes

$78

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 516 Proffitt Road, Unit 1

Property Details
  • Taxes: $941 / year
  • MLS Type: Residential / Townhouse
  • Architectural Style: Contemporary
  • Subdivision Name: Other
  • Waterfront: No
Building Information
  • Stories: 2
  • Year Built: 2005
  • Lot Size: 0.05 AC / 2,178 SF
Summary
Location and General Information
  • Directions: From downtown Gatlinburg, take 321 towards Cosby for approximately 3.9 miles. Turn left on Proffitt Rd.
  • Levels: Three Or More
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
  • Topography: Zero Lot Line
Parking
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
  • Tax Lot: /B-2
Property
Building Information
  • Above Grade Finished Area Source: Owner
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Owner
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Owner
  • Building Area Units: Square Feet
  • Flooring: Luxury Vinyl
Green Features
  • Green Energy Efficient: Windows
Lot Information
  • Lot Features: Zero Lot Line
  • Lot Size Source: Agent Calculated
  • Lot Size Units: Acres
  • Parcel Number: 117E H 00501 000
  • Lot Size Area: 0.05
Property and Assessments
  • Construction Materials: Frame, Wood Siding
  • Documents Count: 2
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Security Features: Security System
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Existing
Utilities
  • Basement: Finished
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Other
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
  • Fireplaces Total: 0
  • Fireplace: No
  • Interior Features: Kitchen Island
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View YN: No
Room Information
Room 1
  • Room Type: Kitchen

Property History for 516 Proffitt Road, Unit 1

DateEvent & SourcePriceAppreciation
Aug 28, 2026

Listed (Active)

REALTRACS #3528091

$575,000—
Aug 28, 2026

Listed (Active)

REALTRACS #3528184

$575,000—
Dec 18, 2025

Closed (Public Record)

Public Record #1923783894

$333,500—
DateEvent & SourcePrice
08/28/2026

Listed (Active)

REALTRACS #3528091

$575,000
08/28/2026

Listed (Active)

REALTRACS #3528184

$575,000
12/18/2025

Closed (Public Record)

Public Record #1923783894

$333,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 516 Proffitt Road, Unit 1

Taxable ValueLand$10,000Additions$48,600Total$58,600
Tax Record2025$867 ($72 / month)
Home Facts
Baths1Total Finished SqFt2,056 SqFtAbove Grade Finished SqFt1,426 SqFtFinished Basement SqFt630 SqFtStories1Lot Size2,178 SqFtStyleMiscellaneous CommercialYear Built2005Year Renovated2005CountySEVIERAPN117E-H-005.01

Schools near 516 Proffitt Road, Unit 1

This home is within Sevier County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 9
Public - 10 to 12
Public - 6 to 12
Rating
School
Distance
Pittman Center Elementary
PublicPK to 6

Gatlinburg Pittman Junior High
Public7 to 9

Gatlinburg Pittman High School
Public10 to 12

Greenbrier Alternative Learning Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

516 Proffitt Road, Unit 1 is a townhouse for sale in Gatlinburg, TN 37738. This property was listed for sale on August 28, 2026 by Keller Williams Realty, it's currently listed at $575,000. It has been on the market for a total of 9 days and was last sold on December 18, 2025. This listing's school district is Sevier County School District. Nearby schools include Pittman Center Elementary, Gatlinburg Pittman Junior High and Gatlinburg Pittman High School. 516 Proffitt Road, Unit 1 is a 3-bed, 2-bath, 1,500 sqft townhouse built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Chris Ball (423.765.5153)

Based on information submitted to the MLS GRID as of 08/28/2026 10:45 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.