812 Powdermill Rd Unit Units 1-12, Gatlinburg, TN 37738
About this home
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.
Sale and tax history for 812 Powdermill Rd Unit Units 1-12
Sale History
Tax History
Date
Event
Price
REALTRACS #3624123
Oct 22, 2026
Listed
$5,000,000
$283/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Townhouse
County
Sevier County
APN
117 12700 000
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Last updated by owner on Oct 22, 2026.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 21 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Gatlinburg, TN • 37738
Average low and high temperatures (°F)
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50
63
44
53
35
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Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 12% for direct sun exposure in Gatlinburg. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 812 Powdermill Rd Unit Units 1-12
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