Cambridge Estates Homes with False Waterfront

Cambridge Estates Homes with False Waterfront

Welcome to Cambridge Estates, an enchanting subdivision nestled in the heart of Gatlinburg, Tennessee, within the picturesque Sevier County. This charming community is designed for those who appreciate both natural beauty and modern living, offering a unique blend of tranquility and convenience.

Cambridge Estates features an array of stunning homes, many of which boast the allure of false waterfront properties. Imagine waking up each morning to the soothing sounds of nature, with serene views that mimic the peacefulness of waterfront living, all while enjoying the comforts of a well-appointed home. These properties are thoughtfully designed to enhance your lifestyle, providing ample space for relaxation and entertainment, whether you’re hosting family gatherings or enjoying quiet evenings under the stars.

Gatlinburg is renowned for its breathtaking landscapes, and Cambridge Estates is no exception. Residents have easy access to the Great Smoky Mountains National Park, where outdoor adventures await at every turn, from hiking and biking to wildlife watching. The vibrant local culture, filled with charming shops, delicious dining options, and seasonal festivals, ensures that there’s always something exciting happening nearby.

With its unique blend of scenic beauty, modern amenities, and a warm community atmosphere, Cambridge Estates is more than just a place to live—it's a lifestyle choice. Whether you’re looking for a permanent residence or a vacation retreat, this subdivision offers a perfect escape in the heart of Gatlinburg. Come discover the magic of Cambridge Estates and embrace the enchanting lifestyle that awaits you!

Newest Cambridge Estates Homes with False Waterfront

$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
$165,000
1335859 MLS
Prime investment opportunity in the desirable Glades area of Gatlinburg! This C-2 zoned lot offers excellent flexibility for short-term rental development, multi family units or single family home in one of the Smokies' most in-demand markets. Fully build-ready with city water, sewer, and electric already on site, including a temporary power post. The property also features an existing foundation that has been engineer-approved--saving you significant time and upfront construction costs. Cleared and offering mountain views, this lot is ready for immediate development and positioned for strong rental appeal. This lot is a rare find in a very desirable area--bring your plans and start building!

545 Johnson Lane Unit UNIT D, Gatlinburg
$109,999
1334514 MLS
Great opportunity to own a .34-acre lot in the highly sought-after Glades area of Gatlinburg, TN--right in the heart of one of the Smokies' most popular tourism spots. Zoned R-2 with no restrictions, this property gives you tons of flexibility for income-producing options like short-term rentals, duplexes, townhomes, a bed & breakfast, single family homes and more! City water and sewer are available, making it easier to get started on your build. Whether you're an investor, builder, or just looking for a great spot in a high-demand area, this lot has a lot of potential. Don't miss your chance to grab a piece of Gatlinburg--come check it out before it's gone!

Proffitt Rd Unit Lot G, Gatlinburg
Start Your Search