Donna Rickard
REALTOR®
BEDS36
BATHS36 full 12 partial
SQUARE FEET17,662
MLS#3624123
STATUSActive
PROPERTY TYPEResidential - Townhouse
Property Description
INVESTORS - LET YOUR MONEY WORK FOR YOU! 12 BRAND-NEW TOWNHOMES | 36 BEDROOMS | $600K+ ANNUAL SHORT-TERM RENTAL POTENTIAL!An incredible opportunity to purchase an ENTIRE 12-UNIT TOWNHOME COMPLEX in Gatlinburg's highly desirable Arts & Crafts District, just 5 miles from Downtown Gatlinburg! Currently under construction with anticipated completion before the end of 2026, this investment offers substantial income potential, city utilities, and low-maintenance ownership.TWO INCOME STRATEGIES!- Short-Term Rentals: $600,000+ in projected annual gross revenue.- Long-Term Residential Rentals: Approximately $220,000 in projected annual gross revenue.Each of the 12 townhomes features 3 bedrooms, 3.5 bathrooms, an open-concept kitchen and living area with a centered fireplace, main-level laundry, and a convenient half bath. Upstairs, all three bedrooms offer private full bathrooms, creating an ideal layout for vacation guests or long-term tenants.LOCATION & CONVENIENCE! Easy, flat city-maintained roads with no steep mountain drives, front-door parking, attractive stone exterior accents, and convenient access to Gatlinburg's attractions, shopping, and dining. HOA includes water, sewer, and trash, simplifying ownership and management.Zoned R-2, offering flexibility for short-term rentals, long-term rentals, or a combination of both.12 UNITS | 36 BEDROOMS | 42 TOTAL BATHROOMS | 5 MILES TO DOWNTOWN GATLINBURGA rare opportunity to acquire an entire new-construction complex with multiple income strategies in one of East Tennessee's most popular vacation destinations. BUILD YOUR PORTFOLIO AND LET YOUR MONEY WORK FOR YOU!Rental projections are estimates of potential gross revenue and are not guaranteed.
Property Features
Property Type: Residential - Townhouse
Basement: None
Cooling: Other
Heating: Heat Pump
Lot Size: 0.85 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $175
Year Built: 2026
Amenities
Ceiling Fan(s)
Kitchen Island
Feature Descriptions
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Days on Site: 4
Exterior: Block, Frame, Stone
Fireplace: Electric
Flooring: Luxury Vinyl
HOA Fee: 4200/ Monthly
Lot: Level
Lot Dimensions: 220 M X 208.16 IRR
Parcel#: 117 12700 000
Parking: Asphalt, Driveway
Parking Notes: Asphalt, Driveway
Patio/Porch: Porch, Covered
Sewer: Public Sewer
Topography: Level
Utilities: Water Available
Water: Public
Listed By / Shown By
Listed By
Agency Name: TN Smoky Mtn Realty
Agency Phone: 8652802569
Shown By
Agent Name: Donna Rickard
Agent Phone: (865) 548-6730
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 12,600.75 per month $11,127.83 Principal & Interest $14.58 Property Tax $1,458.33 Homeowner's InsuranceChange Payment Information
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812 Powdermill Road, Unit Units 1-12 | MLS# 3624123
This townhouse located at 812 Powdermill Road, Unit Units 1-12, Gatlinburg, TN 37738 is currently listed for sale with an asking price of $5,000,000. This property was built in 2026 and has 36 bedrooms and 36 full and 12 partial baths with 17662 sq. ft. Search Gatlinburg real estate on www.donnarickard.com today.