Lois Leal
BEDS3
BATHS2 full
SQUARE FEET1,550
MLS#3528182
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCambridge Estates - Building B
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.**
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Finished
Cooling: Central Air, Ceiling Fan(s)
Heating: Central, Electric
Home Style: Contemporary
Lot Size: 0.01 Acres
Stories: 2.0
Taxes: $924
Year Built: 2007
Amenities
Ceiling Fan(s)
Kitchen Island
Feature Descriptions
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Oven, Washer
Exterior: Frame, Other
Laundry: Washer Hookup, Electric Dryer Hookup
Lot: Zero Lot Line
Lot Dimensions: 57.84 X 47.85 IRR
Parcel#: 117E H 00500 000
Patio/Porch: Deck
Security: Security System, Smoke Detector(s)
Sewer: Public Sewer
Topography: Zero Lot Line
Utilities: Electricity Available, Water Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 8656945904
Shown By
Agent Name: Lois Leal
Agent Phone: (615) 403-6213
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 1,524.41 per month $1,279.70 Principal & Interest $77.00 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
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516 Proffitt Rd , Unit 2 | MLS# 3528182
This single family home located at 516 Proffitt Rd , Unit 2, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $575,000. This property was built in 2007 and has 3 bedrooms and 2 full baths with 1550 sq. ft. Proffitt Rd , Unit 2 is located in the Cambridge Estates - Building B subdivision. Search Cambridge Estates - Building B real estate on loisleal.crye-leike.com today.