812 Powdermill Road
Gatlinburg, TN, 37738 · Other
$5,000,000
Active · MLS# 3624123 · Listed by TN Smoky Mtn Realty · (865) 280-2569
1 of 43 photos here so far. More are on the way.
36
42
17,662 sq ft
0.85 ac
2026
- Property type
- Townhouse
- County
- Sevier County, TN
- Subdivision
- Other
- Full baths
- 36
- Half baths
- 12
- Levels
- One
- Main-level bedrooms
- 36
- New construction
- Yes
- Days on market
- 22
- On market since
- 2026-10-22
From the listing brokerage
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.
Description supplied by TN Smoky Mtn Realty through the MLS and shown unedited.
Interior
- Ceiling Fan(s)
- Kitchen Island
Lot
- Level
Parking
- Asphalt
- Driveway
Basement
- None
Request a showing
812 Powdermill Road (MLS# 3624123)
We are not the listing brokerage on this home. We represent you.
Like this one? We can find more like it.
Leave your name and a way to reach you. An agent on our team will reply personally with similar homes and what we would ask about each one. No automated alerts.
Want a straight read on this one?
We will start with a Zoom walkthrough — screen shared, the full listing detail open, recent comparable sales beside it, and an honest list of what we would want inspected before you write. If it still looks right after that, we tour it in person. Buyer representation is often little or no cost to you; how it is paid is settled per offer, in writing, and we put exactly where you stand in writing before you commit to anything.
We are not the listing brokerage on this home. We represent you.
Listing information last refreshed October 22, 2026 at 3:00 PM CDT.
Listings courtesy of Realtracs as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal noncommercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Based on information submitted to the MLS GRID as of October 22, 2026 at 3:00 PM CDT. 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.
Some IDX listings have been excluded from this website.
Any use or search of the data on this website, other than by a consumer looking to purchase real estate, is prohibited.
Listing data on this page comes from the MLS. Neighborhood commentary, guides and market notes elsewhere on this site are our own and are sourced separately.
DMCA notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: will@willjohnsonteam.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.