Cambridge Estates Real Estate

Welcome to Cambridge Estates, a hidden gem nestled in the heart of Clarksville, Tennessee, within the picturesque Montgomery County. This charming subdivision offers a perfect blend of suburban tranquility and modern conveniences, making it an ideal choice for families, retirees, and professionals alike.

Cambridge Estates is renowned for its beautifully designed homes, each showcasing unique architectural styles that cater to a variety of tastes. With spacious layouts and thoughtfully landscaped yards, this community radiates warmth and character. Residents enjoy a peaceful atmosphere, complemented by tree-lined streets and friendly neighbors, fostering a true sense of belonging.

One of the standout features of Cambridge Estates is its prime location. Just a short drive from the vibrant downtown Clarksville, you can indulge in an array of dining, shopping, and entertainment options. Outdoor enthusiasts will appreciate the proximity to parks and recreational areas, perfect for weekend picnics, hiking, or simply enjoying nature. The nearby Cumberland River offers opportunities for fishing and kayaking, ensuring that adventure is always just around the corner.

Families will love the access to highly-rated schools within the Clarksville-Montgomery County School System, providing quality education for children of all ages. Additionally, with major highways nearby, commuting to Nashville and other surrounding areas is a breeze.

Whether you’re looking for your first home, a place to settle down, or an investment opportunity, Cambridge Estates offers a welcoming community that embodies the best of Clarksville living. Come explore the charm and comfort of Cambridge Estates – your new home awaits!

Newest Listings in Cambridge Estates

$575,000

3 Beds ⋅ 2 Baths ⋅ 3528184 MLS ⋅ ACTIVE Status ⋅ 0.05 Acres ⋅ 37738 Zip Code

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.**

516 Proffitt Rd Unit #1, Gatlinburg

$3,975,000

21 Beds ⋅ 14 Baths ⋅ 3312443 MLS ⋅ ACTIVE Status ⋅ 0.01 Acres ⋅ 37738 Zip Code

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.

516537 Proffitt Rd. & Johnson Ln. Unit #1-7, Gatlinburg

$550,000

4 Beds ⋅ 3 Baths ⋅ 3190390 MLS ⋅ ACTIVE Status ⋅ 1.4100000000000001 Acres ⋅ 37043 Zip Code

Tucked into the heart of the Hilldale area, this all-brick ranch blends classic character with a full renovation, set among mature trees in one of Clarksville’s most established neighborhoods. Inside, the updates are immediately apparent—new flooring, fresh paint, updated lighting, and beautifully redone bathrooms create a clean, cohesive feel throughout. The layout offers both defined spaces and an easy flow, with a formal living room, dedicated dining room, and an open-concept kitchen and main living area designed for everyday living. The kitchen stands out with quartz countertops, a large island with bar seating, farmhouse sink, SS appliances, and an oversized walk-in pantry with shelving, cabinetry, countertops and built-in microwave space. It opens seamlessly to the main living room, where a fireplace anchors the space and doors lead to a spacious deck—perfect for entertaining or enjoying the private, tree-lined setting. The primary suite offers a comfortable retreat with its own dedicated laundry, double vanity, and walk-in shower. Two additional bedrooms and an updated hall bath provide flexibility for family or guests. The finished basement expands the home’s versatility with a full in-law suite, including its own kitchen, living area with fireplace, bedroom, office, full bath, and separate laundry—ideal for multi-generational living or guests. Outside, enjoy a covered patio, large deck, and circular driveway, along with a two-car built-in garage and pull-down attic storage. A rare opportunity to own a fully updated home in a sought-after, established setting.

351 Hampshire Dr, Clarksville

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.