Welcome to 129 Cutter Gap. If you are looking for a cabin nestled in the Peaceful Side of The Smokies, look no further! This 2 bedroom, 3 bath is located in the charming Laurel Valley community and would make a perfect primary home or short-term rental property. Step through the front door and you will find beautiful hardwood flooring running throughout the main living area, complemented by a floor-to-ceiling stone fireplace and built-in bookshelves. The raised ceilings and natural wood walls create an inviting gathering place to host guests or a cozy environment to unwind. The kitchen comes fully furnished with appliances, a stone wrapped island, and oak cabinets. The main bedroom features thoughtfully placed windows for additional natural lighting, a comfy reading nook with a great view, and a large tile bathroom with a jetted tub.
Walk downstairs to a spacious, partially finished basement that lacks only flooring to make this an excellent space for entertainment and fun. Subfloors have been freshly sealed to provide a blank canvas for the new owner. Additional features include a screened in back porch, perfect for enjoying the mountain scenery, a community golf course, and a club house.
For sale
Price cut: $14K (7/6)
$475,000
129 Cutter Gap Rd, Townsend, TN 37882
2beds
1,395sqft
Single Family Residence
Built in 2001
0.35 Acres Lot
$-- Zestimate®
$341/sqft
$92/mo HOA
What's special
Spacious partially finished basementStone wrapped islandFloor-to-ceiling stone fireplaceOak cabinetsRaised ceilingsNatural wood wallsBuilt-in bookshelves
- 152 days |
- 663 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Christian Taylor 865-210-1567,
Selling Tennessee Real Estate 865-680-1634
Source: East Tennessee Realtors,MLS#: 1328906
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bonus Room
Heating
- Central, Natural Gas, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Kitchen Island, Eat-in Kitchen, Bonus Room
- Flooring: Hardwood, Tile
- Basement: Partially Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Stone
Interior area
- Total structure area: 1,395
- Total interior livable area: 1,395 sqft
Property
Parking
- Parking features: Off Street
Features
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 0.35 Acres
- Dimensions: 82 x 199
- Features: Wooded
Details
- Parcel number: 095K B 02000 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Other, Wood Siding, Block, Frame
Condition
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Gated Community
- Subdivision: Fairlight
HOA
- Has HOA: Yes
- Amenities included: Golf Course
- HOA fee: $1,100 annually
Location
- Region: Townsend
Financial & listing details
- Price per square foot: $341/sqft
- Tax assessed value: $285,500
- Annual tax amount: $1,135
- Date on market: 2/10/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $475,000-2.9%$341/sqft |
Source: | ||
| 3/23/2026 | Price change | $489,000-2%$351/sqft |
Source: | ||
| 2/10/2026 | Listed for sale | $499,000+3226.7%$358/sqft |
Source: | ||
| 8/24/1993 | Sold | $15,000$11/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,135 | $71,375 |
| 2024 | $1,135 | $71,375 |
| 2023 | $1,135 +3% | $71,375 +60% |
| 2022 | $1,102 | $44,600 |
| 2021 | $1,102 | $44,600 |
| 2020 | $1,102 | $44,600 |
| 2019 | $1,102 +2.2% | $44,600 +2.2% |
| 2018 | $1,078 +2.1% | $43,650 |
| 2017 | $1,056 | $43,650 |
| 2016 | $1,056 +12.5% | $43,650 |
| 2015 | $938 | $43,650 |
| 2014 | -- | $43,650 -7.1% |
| 2013 | $1,011 | $47,000 |
| 2012 | $1,011 +0.1% | $47,000 +0% |
| 2011 | $1,010 +5.4% | $46,989 |
| 2010 | $959 | $46,989 |
| 2009 | -- | $46,989 +5% |
| 2008 | $998 | $44,732 |
| 2007 | $998 +2.3% | $44,732 |
| 2006 | $975 -10.3% | $44,732 |
| 2005 | $1,087 +47.5% | $44,732 +30.5% |
| 2004 | $737 +0.9% | $34,267 +0.9% |
| 2002 | $730 | $33,971 +394.1% |
| 2001 | -- | $6,875 -75% |
| 2000 | -- | $27,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Climate risks
Neighborhood: 37882
Nearby schools
GreatSchools rating
- 5/10Townsend Elementary SchoolGrades: K-5Distance: 2.7 mi
- 6/10Heritage Middle SchoolGrades: 6-8Distance: 6.8 mi
- 7/10Heritage High SchoolGrades: 9-12Distance: 6.9 mi
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