520 Proffit Lane 1, Gatlinburg, TN 37738 (MLS# 1315554)


$365,000
520 Proffit Lane 1
Gatlinburg, TN 37738
MLS# 1315554
Status: Closed
3 beds  |  1550 sqft


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Property Description
Discover the perfect blend of location, comfort, and investment potential with this spacious 3-bedroom, 2-bath duplex unit, offering 1,550 square feet of thoughtfully designed living space just moments from the Parkway in downtown Gatlinburg. Each bedroom features its own private entrance to the deck, creating an ideal setup for guests, vacationers, or multi-generational living. The home also boasts a fully appointed eat-in kitchen with ample cabinetry, all appliances, to include a refrigerator, range, dishwasher and microwave. This spacious home comes fully furnished and decorated. A washer and dryer complete all the necessities for everyday living or effortless rental turnover. Whether you're looking for a high-performing short-term rental, a well-located second home, or a comfortable full-time residence, this property delivers. Its proximity to downtown attractions, dining, and entertainment makes it an exceptional value in one of East Tennessee's most sought-after destinations. This is more than a property—it's a strategic opportunity to own a piece of Gatlinburg with endless potential. The opportunity to own multiple units is available as well. There are 7 single units available that can be bought independently or altogether and we have another option to buy 9 single units along with two lots, or a single lot by itself. We also have 3 full units that are listed for sale. These opportunities don't come along ofter.

Details
Maps
Contract Info
Auction Y/N: No
Occupancy: Either
Listing Price: 450000
Current Price: $365,000
Status: Closed
Listing Date: 2025-08-16
Location, Tax & Legal Info
Unit #: 1
Area: Sevier County - 27
Property Sub-Type: Residential
City/County Code: City Limits
Total Tax: 724.17
General Property Description
Type: Basement Ranch
# Bedrooms: 3
Acres: 0.01
Acre Source: Tax Records
# of Rooms: 5
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 30
HOA Freq: Monthly
HOA Contact: NA
Property Status: N/A
SqFt - Main Lvl: 796
SqFt - Down Lvl: 754
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Basement: Yes
Bonus Room: No
SqFt - Total (Aprox): 1550
Baths - Full: 2
Year Built: 2007
Remarks & Misc
Directions: From downtown Gatlinburg take 321 towards Cosby for approximately 3.9 miles then left on Proffitt Rd. Follow Proffitt Rd for approximately 0.9 miles turn right on Johnson Lane and follow to unit on left.
Public Remarks: Discover the perfect blend of location, comfort, and investment potential with this spacious 3-bedroom, 2-bath duplex unit, offering 1,550 square feet of thoughtfully designed living space just moments from the Parkway in downtown Gatlinburg. Each bedroom features its own private entrance to the deck, creating an ideal setup for guests, vacationers, or multi-generational living. The home also boasts a fully appointed eat-in kitchen with ample cabinetry, all appliances, to include a refrigerator, range, dishwasher and microwave. This spacious home comes fully furnished and decorated. A washer and dryer complete all the necessities for everyday living or effortless rental turnover. Whether you're looking for a high-performing short-term rental, a well-located second home, or a comfortable full-time residence, this property delivers. Its proximity to downtown attractions, dining, and entertainment makes it an exceptional value in one of East Tennessee's most sought-after destinations. This is more than a property—it's a strategic opportunity to own a piece of Gatlinburg with endless potential. The opportunity to own multiple units is available as well. There are 7 single units available that can be bought independently or altogether and we have another option to buy 9 single units along with two lots, or a single lot by itself. We also have 3 full units that are listed for sale. These opportunities don't come along ofter.
Atchd/Dtchd Type
Attached: 1
Style
Contemporary: 1
Construction
Frame: 1
Siding
Wood: 1
Fireplace
None: 1
Cooling
Central Cooling: 1
Floors
Laminate: 1
Garage/Parking
Main Level: 1
Basement
Finished: 1
Lot Description
Zero Lot Line: 1
Fuel
Electric: 1
Heat
Central: 1
Dining Area
Eat-in Kitchen: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Exterior Features
Deck: 1
Misc Features
Washer/Dryer Connect: 1
Sewer
Public Sewer: 1
Water
Public: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Location Tax Legal Info
House #: 520
Street Name: Proffit
St Suffix: Lane
State/Province: TN
Zip Code: 37738
PIN #: 117E H 006.00
Subdivision: Cambridge Estates
Geo Lat: 35.742194
Geo Lon: -83.452738
Status Change Info
Status Change Date: 2025-12-09
Under Contract Date: 2025-12-04
Sold Date: 2025-12-09
Sold Price: $365,000
Property Features
Style: Contemporary
Construction: Frame
Siding: Wood
Basement: Finished
Lot Description: Zero Lot Line
Fireplace: None
Floors: Laminate
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Sewer: Public Sewer
Water: Public
Misc Features: Washer/Dryer Connect
Exterior Features: Deck
Dining Area: Eat-in Kitchen
New Financing: Cash; Conventional; FHA; VA Loan

IDX
Listing Office: Dutton Range, REC

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