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.**
Coming soon / hold
$575,000
516 Proffitt Rd #2, Gatlinburg, TN 37738
3beds
1,550sqft
Townhouse, Residential, Condominium
Built in 2005
2,613 Square Feet Lot
$-- Zestimate®
$371/sqft
$-- HOA
What's special
Seasonal mountain viewsFully furnished townhomeBonus roomPrivate hot tub
- 47 days
- 17
- 0
Zillow last checked:
Listing updated:
Listed by:
Chris Ball 423-765-5153,
Keller Williams Realty 865-694-5904
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3528090
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Kitchen Island
- Flooring: Luxury Vinyl
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,550
- Total interior livable area: 1,550 sqft
- Finished area above ground: 1,550
Property
Features
- Levels: One
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 2,613 Square Feet
- Dimensions: 57.84 x 47.85 IRR
- Features: Zero Lot Line
- Topography: Zero Lot Line
Details
- Parcel number: 117E H 00500 000
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary
- Property subtype: Townhouse, Residential, Condominium
- Attached to another structure: Yes
Materials
- Frame, Wood Siding
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Gatlinburg
Financial & listing details
- Price per square foot: $371/sqft
- Tax assessed value: $143,900
- Annual tax amount: $924
- Date on market: 8/28/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Listed for sale | $575,000+57.5%$371/sqft |
Source: | ||
| 12/18/2025 | Sold | $365,000-18.9%$235/sqft |
Source: | ||
| 12/4/2025 | Pending sale | $450,000$290/sqft |
Source: | ||
| 12/4/2025 | Listed for sale | $450,000$290/sqft |
Source: | ||
| 10/12/2025 | Listing removed | $450,000$290/sqft |
Source: | ||
| 10/3/2025 | Price change | $450,000-14.3%$290/sqft |
Source: | ||
| 9/17/2025 | Price change | $525,000-0.9%$339/sqft |
Source: | ||
| 9/4/2025 | Listed for sale | $530,000$342/sqft |
Source: | ||
| 4/1/2015 | Listing removed | $850$1/sqft |
Source: Trentham Real Estate Report a problem | ||
| 3/10/2015 | Listed for rent | $850$1/sqft |
Source: Trentham Real Estate Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $924 | $57,560 |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | $1,880 | $117,080 |
| 2021 | -- | $117,080 +26.4% |
| 2020 | $1,870 +8.6% | $92,600 |
| 2019 | $1,722 -7.9% | $92,600 |
| 2018 | $1,870 0% | $92,600 |
| 2017 | $1,870 +0.1% | $92,600 |
| 2016 | $1,869 | $92,600 -10.3% |
| 2015 | -- | $103,280 0% |
| 2014 | $1,848 | $103,313 |
| 2013 | $1,848 0% | $103,313 |
| 2012 | $1,849 +0% | $103,313 |
| 2011 | $1,848 | $103,313 |
| 2010 | -- | $103,313 +10.7% |
| 2009 | $1,576 | $93,305 |
| 2008 | $1,576 | $93,305 |
| 2007 | $1,576 | $93,305 |
Find assessor info on the county website
Monthly payment
Est. payment







