For sale

Price cut: $21K (4/15)

$399,000

114 Cutter Gap Rd, Townsend, TN 37882

1beds

1,254sqft

Est.: Get pre-qualified

Single Family Residence

Built in 1999

0.4 Acres Lot

$-- Zestimate^®

$318/sqft

$92/mo HOA

What's special

Beautiful furnished cabinCalifornia king bedJacuzzi in bath

Beautiful furnished cabin in Laurel Valley Development--Townsend .Investment or vacation destination. Doing well on Rental Program. One bedroom but spacious loft w/two extra beds and bath. Main level has kitchen, kitchen/dining and great room w/fireplace. Also has California King bed and Jacuzzi in bath, Double-stacked w/d . Wrap-around deck for entertaining and watching the stars. Currently on Rental program. Some Club Amenities may require an extra fee.

65 days

224

2

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bonus Room

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Features

Cathedral Ceiling(s), Kitchen Island, Bonus Room
Flooring: Carpet, Hardwood
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Stone, Wood Burning

Interior area

Total structure area: 1,254
Total interior livable area: 1,254 sqft

Property

Parking

Parking features: Designated Parking

Lot

Size: 0.4 Acres
Features: Near Golf Course

Details

Parcel number: 095K C 032.00

Construction

Type & style

Home type: SingleFamily
Architectural style: Cabin
Property subtype: Single Family Residence

Materials

Frame

Condition

Year built: 1999

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Security: Gated Community
Subdivision: Fairlight

HOA

Has HOA: Yes
Amenities included: Golf Course
Services included: Trash, Security
HOA fee: $1,100 annually

Location

Region: Townsend

Financial & listing details

Price per square foot: $318/sqft
Tax assessed value: $290,400
Annual tax amount: $1,847
Date on market: 3/23/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/15/2026	Price change	$399,000-5%$318/sqft
Source: East Tennessee Realtors #1333781 Report a problem
3/23/2026	Listed for sale	$420,000-6.6%$335/sqft
Source: East Tennessee Realtors #1333781 Report a problem
1/2/2026	Listing removed	$449,900$359/sqft
Source: East Tennessee Realtors #1276564 Report a problem
6/9/2025	Price change	$449,900-4.3%$359/sqft
Source: East Tennessee Realtors #1276564 Report a problem
11/10/2024	Price change	$469,900-5.1%$375/sqft
Source: East Tennessee Realtors #1276564 Report a problem
9/15/2024	Listed for sale	$495,000+35.4%$395/sqft
Source: East Tennessee Realtors #1276564 Report a problem
7/16/2021	Sold	$365,500+0.1%$291/sqft
Source: East Tennessee Realtors #1152437 Report a problem
5/30/2021	Pending sale	$365,000$291/sqft
Source: East Tennessee Realtors #1152437 Report a problem
5/11/2021	Listed for sale	$365,000+46.1%$291/sqft
Source: East Tennessee Realtors #1152437 Report a problem
2/8/2012	Listing removed	$249,900$199/sqft
Source: Dogwood Realty #746153 Report a problem
2/9/2011	Listed for sale	$249,900+16.8%$199/sqft
Source: Dogwood Realty #746153 Report a problem
2/5/2007	Sold	$214,000+42.7%$171/sqft
Source: Public Record Report a problem
3/16/1999	Sold	$149,990+500%$120/sqft
Source: Public Record Report a problem
6/17/1998	Sold	$25,000$20/sqft
Source: Public Record Report a problem
11/9/1995	Sold	$25,000+316.7%$20/sqft
Source: Public Record Report a problem
8/17/1995	Sold	$6,000$5/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,847 +60%	$116,160 +60%
2024	$1,154	$72,600
2023	$1,154 +0.5%	$72,600 +56.1%
2022	$1,149	$46,500
2021	$1,149	$46,500
2020	$1,149	$46,500
2019	$1,149 -3.1%	$46,500 -3.1%
2018	$1,186 +2%	$48,000
2017	$1,162	$48,000
2016	$1,162 +12.6%	$48,000
2015	$1,032	$48,000
2014	--	$48,000 -3.5%
2013	$1,070	$49,750
2012	$1,070 +0%	$49,750 +0%
2011	$1,070 +5.4%	$49,747
2010	$1,015	$49,747
2009	--	$49,747 +6.2%
2008	$1,044	$46,821
2007	$1,044 +2.3%	$46,821
2006	$1,021 -10.3%	$46,821
2005	$1,138 +51.1%	$46,821 +33.7%
2004	$753	$35,012
2002	$753	$35,012
2001	--	$35,012 -75%
2000	--	$140,049

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified