Welcome to your perfect mountain getaway in the heart of Townsend, also known as the ''Peaceful Side of the Smokies.'' This beautifully renovated property offers the ideal blend of personal retreat and short-term rental investment.
Originally purchased as a second home, the current owner completed a full renovation with no detail overlooked, incorporating high-end finishes and thoughtful design throughout the property. The result is a warm, inviting space that feels both elevated and comfortable.
One of the standout features of the home is the stunning exposed brick fireplaces on both the upper and lower levels, adding timeless character and cozy ambiance year-round. The smart two-level layout includes a bedroom and full bathroom on each floor, offering excellent separation and privacy for guests or rental groups.
With the addition of sleeper sofas, the home comfortably accommodates up to eight guests, making it a fantastic option for family vacations, friend groups, or rental income potential.
The property is being sold fully furnished, with only a few personal décor items excluded, allowing for a seamless and truly turnkey experience. Whether you plan to enjoy it as your own mountain escape or begin generating rental income right away, everything is already in place.
Located in one of the few areas of Townsend that allows short-term rentals, the location is exceptional. You're just minutes from scenic hiking trails, the Little River, local restaurants and shops, and easy access to the Great Smoky Mountains National Park.
If you've been searching for a charming Smoky Mountain retreat with strong STR potential in a peaceful setting, this property offers the perfect combination of location, quality, and investment opportunity.
Active
$615,000
123 Cutter Gap Rd, Townsend, TN 37882
2beds
1,520sqft
Est.:
Single Family Residence, Residential
Built in 1973
0.38 Acres Lot
$-- Zestimate®
$405/sqft
$92/mo HOA
What's special
Sold fully furnishedBeautifully renovated propertySmart two-level layoutWarm inviting spaceHigh-end finishes
- 26 days |
- 728 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 06, 2026 at 03:31pm
Listing Provided by:
Courtney McGhee 865-567-6961,
Keller Williams 865-977-0770
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3149932
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Kitchen
- Features: Pantry
- Level: Pantry
Other
- Features: Utility Room
- Level: Utility Room
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Pantry
- Flooring: Tile
- Basement: Finished,Exterior Entry,Other
- Number of fireplaces: 2
Interior area
- Total structure area: 1,520
- Total interior livable area: 1,520 sqft
- Finished area above ground: 760
- Finished area below ground: 760
Property
Features
- Levels: Two
- Patio & porch: Patio, Porch, Covered
- Exterior features: Balcony
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.38 Acres
- Dimensions: 72 x 225 IRR
- Features: Wooded, Rolling Slope
- Topography: Wooded,Rolling Slope
Details
- Parcel number: 095K B 02200 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Frame, Other, Brick
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Fairlight
HOA
- Has HOA: Yes
- HOA fee: $1,100 annually
Location
- Region: Townsend
Financial & listing details
- Price per square foot: $405/sqft
- Tax assessed value: $37,500
- Annual tax amount: $1,255
- Date on market: 3/16/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Listed for sale | $615,000$405/sqft |
Source: | ||
| 3/1/2026 | Listing removed | $615,000$405/sqft |
Source: | ||
| 10/9/2025 | Price change | $615,000-1.6%$405/sqft |
Source: | ||
| 9/2/2025 | Listed for sale | $625,000+172%$411/sqft |
Source: | ||
| 10/8/2020 | Sold | $229,750-9.9%$151/sqft |
Source: | ||
| 9/21/2020 | Pending sale | $255,000$168/sqft |
Source: Holli McCray Home Marketing Group Keller Williams #1086950 Report a problem | ||
| 9/2/2020 | Price change | $255,000-1.9%$168/sqft |
Source: Holli McCray Home Marketing Group Keller Williams #1086950 Report a problem | ||
| 7/11/2020 | Price change | $260,000-3.3%$171/sqft |
Source: Holli McCray Home Marketing Group Keller Williams #1086950 Report a problem | ||
| 5/19/2020 | Price change | $269,000-0.4%$177/sqft |
Source: Holli McCray Home Marketing Group Keller Williams #1086950 Report a problem | ||
| 2/7/2020 | Price change | $270,000-1.5%$178/sqft |
Source: Keller Williams Realty Knoxville-West #1086950 Report a problem | ||
| 11/14/2019 | Price change | $274,000-0.2%$180/sqft |
Source: Keller Williams Realty Knoxville-West #1086950 Report a problem | ||
| 8/27/2019 | Price change | $274,500-0.2%$181/sqft |
Source: Keller Williams Realty Knoxville-West #1086950 Report a problem | ||
| 7/11/2019 | Listed for sale | $275,000+727.1%$181/sqft |
Source: Keller Williams Realty Knoxville-West #1086950 Report a problem | ||
| 9/7/2001 | Sold | $33,250+33%$22/sqft |
Source: Public Record Report a problem | ||
| 1/28/1997 | Sold | $25,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $149 | $9,375 |
| 2024 | $149 | $9,375 |
| 2023 | $149 -34.4% | $9,375 +1.9% |
| 2022 | $227 | $9,200 |
| 2021 | $227 | $9,200 |
| 2020 | $227 | $9,200 |
| 2019 | $227 -1.9% | $9,200 -1.9% |
| 2018 | $232 +2% | $9,375 |
| 2017 | $227 | $9,375 |
| 2016 | $227 +12.6% | $9,375 |
| 2015 | $202 | $9,375 |
| 2014 | -- | $9,375 -3.8% |
| 2013 | $210 +0.2% | $9,750 |
| 2011 | $210 +5.4% | $9,750 |
| 2010 | $199 | $9,750 |
| 2009 | -- | $9,750 |
| 2008 | $217 | $9,750 |
| 2007 | $217 +2.3% | $9,750 |
| 2006 | $213 -10.3% | $9,750 |
| 2005 | $237 +60.3% | $9,750 +41.8% |
| 2004 | $148 | $6,875 |
| 2002 | $148 | $6,875 |
| 2001 | -- | $6,875 -75% |
| 2000 | -- | $27,500 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,268/mo
Principal & interest
$2956
Property taxes
$220
HOA Fees
$92
More affordability tools
Climate risks
Neighborhood: 37882
Nearby schools
GreatSchools rating
- 5/10Townsend Elementary SchoolGrades: K-5Distance: 2.7 mi
- 6/10Heritage Middle SchoolGrades: 6-8Distance: 6.9 mi
- 7/10Heritage High SchoolGrades: 9-12Distance: 6.8 mi
Schools provided by the listing agent
- Elementary: Townsend Elementary
- Middle: Heritage Middle School
- High: Heritage High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 37882
- Tennessee
- Blount County
- Townsend
- 37882
- 123 Cutter Gap Rd







