9 units + 2 Lots Cambridge Est, Gatlinburg, TN 37738

$3,888,000
Property Type: Multi-Family Square Footage: 13,950 Status: Active
Current Price: $3,888,000 List Date: 7/16/2025 Last Modified: 10/03/2025

Description

This is a rare chance to secure a commanding footprint in Cambridge Estates with this portfolio offering of 9 units plus 2 additional lots (with potential options to own the entire estate). One of lots already has a foundation in place that offers multiple options and is ready for your next build. With a total of approximately 13,950 square feet, 27 bedrooms, and 18 bathrooms, this package offers serious scale, flexibility, and future upside. Each unit is thoughtfully designed for comfort and functionality, making the entire portfolio ideal for short-term rentals, employee housing, corporate retreats, or a blend of all three. The consistent build quality and unified development aesthetic add cohesion and long-term value. Whether you're looking to generate strong rental income, expand your development footprint, or create a branded multi-use retreat, this is an unparalleled opportunity to own and shape the majority of an established community in one of East Tennessee's most in demand regions. Opportunities like this don't come around often, own it, scale it, lead it.

More Information MLS# 1308612

Location, Tax & Legal Info

Area: Sevier County - 27 City/County Code: City Limits Total Tax: 9049.89

Contract Info

Auction Y/N: No Listing Price: 3888000 Current Price: $3,888,000 Status: Active Listing Date: 2025-07-15

General Property Description

Lot Dimensions: IRR Restrictions: Yes Utilities/Mo Avg: 1995 Property Status: N/A Driveway: Paved SqFt - Total (Aprox): 13950 Number of Units: 9 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: This is a rare chance to secure a commanding footprint in Cambridge Estates with this portfolio offering of 9 units plus 2 additional lots (with potential options to own the entire estate). One of lots already has a foundation in place that offers multiple options and is ready for your next build. With a total of approximately 13,950 square feet, 27 bedrooms, and 18 bathrooms, this package offers serious scale, flexibility, and future upside. Each unit is thoughtfully designed for comfort and functionality, making the entire portfolio ideal for short-term rentals, employee housing, corporate retreats, or a blend of all three. The consistent build quality and unified development aesthetic add cohesion and long-term value. Whether you're looking to generate strong rental income, expand your development footprint, or create a branded multi-use retreat, this is an unparalleled opportunity to own and shape the majority of an established community in one of East Tennessee's most in demand regions. Opportunities like this don't come around often, own it, scale it, lead it.

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: 9 units + 2 Lots Cambridge Est State/Province: TN Zip Code: 37738 PIN #: 117E H 004.00 Subdivision: Cambridge Estates Geo Lat: 35.742548 Geo Lon: -83.451349

Status Change Info

Status Change Date: 2025-07-16

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
Listing Office: Dutton Range, REC
Last Updated: October - 03 - 2025
9 units + 2 Lots Cambridge Est, Gatlinburg, TN 37738- MLS# 1308612
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