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36 Beds
48 Baths
17,662 sqft

$5,000,000

812 Powdermill Road Unit: Units 1-12, Gatlinburg TN, 37738

Price per sqft$283.09
Built in2026
Property size17,662 sqft
Property typeTownhomes
Courtesy of TN Smoky Mtn Realty, Krista DeCarmine Listing Contact: 8656967926

Overview

Active

Listed Oct 22, 2026

Updated 35h ago

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 GATLINBURG A 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.

$33,265/mo

Est. mortgage payment based on a $5,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
3624123
Available from
November 1, 2026

Interior Features

Bedrooms
36
Bathrooms
48
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.85 Acres

Other Property Details

Taxes
$175
Tax Frequency
Annually
Association Fee Frequency
Monthly
Pets Allowed
Yes
New Construction
Yes
55+/Senior Community
No

Listings courtesy of Middle Tennessee Regional Multiple Listing Service as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor SUZETTE KRAEMER shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:38 AM UTC on 10/23/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Middle Tennessee Regional Multiple Listing Service . All rights reserved.

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