$2,555,000
Gatlinburg, TN 37738
MLS# 1308117
Status: Closed
10850 sqft
1 / 60
Property Description
Rare Multi Unit Portfolio in Cambridge Estates 7 Units, 21 Beds, 14 Baths An exceptional opportunity to own the majority of Cambridge Estates, this 7 unit offering totals 10,850 square feet, featuring 21 bedrooms and 14 bathrooms across a cohesive and well maintained collection of properties. Whether you're a seasoned investor looking to scale, a company seeking dedicated lodging, or an organization planning for long term housing solutions, this portfolio delivers unmatched versatility and upside. Each unit is thoughtfully designed with modern comfort in mind, offering spacious layouts and quality finishes. The development's strategic layout and consistent styling create an ideal setting for short-term rental income, corporate retreats, employee housing, or a hybrid approach. Opportunities of this scale and stability rarely hit the market in such a strong location. With infrastructure already in place and multiple exit strategies available, this is a smart play for serious buyers looking to control and capitalize on a high-demand footprint. The possibilities here are substantial, own the majority, shape the vision, and lead the future of Cambridge Estates. More pics are available upon request
Details
Maps
Location, Tax & Legal Info
Area: Sevier County - 27
Community: Gatlinburg
City/County Code: City Limits
Total Tax: 6578.95
Contract Info
Auction Y/N: No
Listing Price: 2945000
Current Price: $2,555,000
Status: Closed
Listing Date: 2025-07-11
General Property Description
Lot Dimensions: IRR
Restrictions: Yes
Utilities/Mo Avg: 1995
Property Status: N/A
Driveway: Paved
SqFt - Total (Aprox): 10850
Number of Units: 7
Year Built: 2007
Remarks & Misc
Directions: From downtown Gatlinburg take 321 towards Cosby for 3.9 miles the turn left on Proffitt Rd. Continue on Proffitt Rd for approximately a mile. You will come to Johnson Lane first and the following road is where the remaining units are located
Public Remarks: Rare Multi Unit Portfolio in Cambridge Estates 7 Units, 21 Beds, 14 Baths
An exceptional opportunity to own the majority of Cambridge Estates, this 7 unit offering totals 10,850 square feet, featuring 21 bedrooms and 14 bathrooms across a cohesive and well maintained collection of properties. Whether you're a seasoned investor looking to scale, a company seeking dedicated lodging, or an organization planning for long term housing solutions, this portfolio delivers unmatched versatility and upside.
Each unit is thoughtfully designed with modern comfort in mind, offering spacious layouts and quality finishes. The development's strategic layout and consistent styling create an ideal setting for short-term rental income, corporate retreats, employee housing, or a hybrid approach.
Opportunities of this scale and stability rarely hit the market in such a strong location. With infrastructure already in place and multiple exit strategies available, this is a smart play for serious buyers looking to control and capitalize on a high-demand footprint. The possibilities here are substantial, own the majority, shape the vision, and lead the future of Cambridge Estates.
More pics are available upon request
Property Sub-Type
Duplex: 1
Construction
Frame: 1
Type of Units
3 or more Bdrm Units: 1
Furnished: 1
Sale Includes
Some Furnishings: 1
Cooling
Central Cooling: 1
Floors
Laminate: 1
Tile: 1
Garage/Parking
On Premise Parking: 1
Fuel
Electric: 1
Heat
Central: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Washer: 1
Other Rooms
Bedroom Main Level: 1
Family Room: 1
Roof
Metal: 1
Exterior Features
Deck: 1
Misc Features
Internet Available: 1
Washer/Dryer Connect: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
Street Name: 7 units Cambridge Estates
State/Province: TN
Zip Code: 37738
PIN #: 117E H 004.00
Subdivision: Cambridge Estates
Geo Lat: 35.742333
Geo Lon: -83.451597
Status Change Info
Status Change Date: 2025-12-22
Under Contract Date: 2025-10-11
Sold Date: 2025-12-18
Sold Price: $2,555,000
Property Features
Property Sub-Type: Duplex
Type of Units: 3 or more Bdrm Units; Furnished
Sale Includes: Some Furnishings
Floors: Laminate; Tile
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer
Construction: Frame
Roof: Metal
Exterior Features: Deck
Misc Features: Internet Available; Washer/Dryer Connect
Other Rooms: Bedroom Main Level; Family Room
New Financing: Cash; Conventional
IDX
Listing Office: Dutton Range, REC
Last Updated: March - 16 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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