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April Flasher

aprilflasher1@simplihom.com +1(813) 244-4716

Listed by Christopher Ball • Keller Williams Realty - Knox Premier Prop

$ 3,975,000

Est. payment -/mo

Save

Price Dropped by $125K

Address not disclosed Gatlinburg, TN

21 Beds

14 Baths

1,550 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,550 sqft

Price per Sqft $2,564

MLS Listing ID 313083

Bedrooms 21

Full Baths 14

HOA Y/N No

Year Built 2007

Annual Tax Amount $924

Tax Year 2025

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Duplex

Source Great Smoky Mountains Association of REALTORS®

Land Area 1550

Property Description

Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Ln Townhomes 1 & 2, and 541 Johnson Ln Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Instead of relying on a single property to produce revenue, this portfolio gives you multiple income-producing units working at the same time. If one unit experiences a vacancy, the others can continue generating cash flow, helping create a more resilient and consistent revenue stream. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, three private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62,800 per unit and roughly $440,000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.

Location

State TN

County Sevier

Zoning R-2

Direction From downtown Gatlinburg, take 321 towards Cosby for approximately 3.9 miles. Turn left on Proffitt Rd. Turn right on Johnson Ln. and follow to unit on left.

Interior

Interior Features Additional Living Quarters, Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Luxury Vinyl

Fireplace No

Window Features Insulated Windows

Laundry In Unit, Laundry Closet

Exterior

Parking Features Kitchen Level, Off Street, On Site, Outside, Parking Lot, Paved

Pool Hot Tub

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s), Seasonal, Trees/Woods

Garage No

Building

Lot Description Views, Wooded

Story 2

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

ABOUT US

Our Story

From Humble Beginnings to a Nationwide Movement

At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

Our Mission: Making Real Estate Simple

We believe real estate should be transparent, efficient, and personal. At simpliHŌM, relationships are at the heart of every transaction. Our mission is to remove the unnecessary complexity and stress, creating a seamless experience for clients and empowering agents to thrive.

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 244-4716

aprilflasher1@simplihom.com