Cambridge Estates Homes with Basement

Welcome to Cambridge Estates, a hidden gem nestled in the heart of Gatlinburg, Tennessee! This charming subdivision offers a perfect blend of natural beauty and modern living, making it an ideal destination for families, retirees, and anyone seeking a peaceful retreat in the Smoky Mountains.

Cambridge Estates features a variety of beautifully designed homes, many of which come equipped with spacious basements. These versatile spaces can be transformed into cozy family rooms, home offices, or even recreational areas for the kids, allowing you to maximize your living space and tailor it to your lifestyle. With the stunning backdrop of the Great Smoky Mountains, these homes not only provide comfort but also breathtaking views that inspire relaxation and adventure.

The community is known for its friendly atmosphere, where neighbors become friends and gatherings are frequent. Enjoy leisurely walks along the tree-lined streets, or take advantage of nearby parks and outdoor recreational activities. Gatlinburg is renowned for its vibrant arts scene, delicious dining options, and countless attractions, including the iconic Great Smoky Mountains National Park, which offers hiking, wildlife viewing, and stunning scenery.

Whether you're looking to settle down or invest in a vacation home, Cambridge Estates promises a lifestyle of tranquility and enjoyment. Don’t miss your chance to be part of this wonderful community where every day feels like a getaway. Explore the possibilities of your new home in Cambridge Estates, where comfort meets adventure in Gatlinburg, TN!

Newest Cambridge Estates Homes with Basement

$575,000

3 Beds ⋅ 2 Baths ⋅ 1353487 MLS

Turn-key short-term rental in Gatlinburg's Great Smoky Arts & Crafts Community, just six miles from Great Smoky Mountains National Park and with no HOA. Completely renovated from top to bottom in 2026, this fully furnished townhome is ready to generate income from day one. Featuring 3 bedrooms, 2 bathrooms, a bonus room, and approximately 1,500 square feet, this property comfortably sleeps 8 guests. Enjoy a private hot tub and three private balconies surrounded by trees, with seasonal mountain views that create the perfect Smoky Mountain getaway. The thoughtful layout offers plenty of space for guests to relax, gather, and enjoy their stay. This property is already operating as a successful short-term rental, giving you the opportunity to step into an established income-producing investment rather than take on a renovation project. With a projected gross revenue of $62,800, this is an opportunity to own a fully furnished, income-producing retreat in one of the most sought-after destinations in the Smokies. Walk into cash flow, not a project. **Looking for a larger investment opportunity? Seven total units are available and may be purchased together as a portfolio.**

Gatlinburg

$3,975,000

21 Beds ⋅ 14 Baths ⋅ 1349974 MLS

Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Ln. Townhomes 1 & 2, and 541 Johnson Ln. Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Instead of relying on a single property to produce revenue, this portfolio gives you multiple income-producing units working at the same time. If one unit experiences a vacancy, the others can continue generating cash flow, helping create a more resilient and consistent revenue stream. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, three private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62,800 per unit and roughly $440,000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.

516 & 537 Proffitt Rd. & Johnson Ln. Unit 1-7, Gatlinburg

Start Your Search