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  • $565,000

    123 Cutter Gap Rd, Townsend, TN 37882

    2beds
    1,520sqft
    : 
    $3,590/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1973
    0.38 Acres Lot
    $-- Zestimate®
    $372/sqft
    $92/mo HOA

    What's special

    Offered fully furnishedTwo-level layoutBeautifully renovated homeCozy gathering spacesHigh-end finishesThoughtful design throughout
    Your Smoky Mountain escape starts here! Located in the heart of Townsend, known as the ''Peaceful Side of the Smokies,'' this beautifully renovated home offers an inviting place to unwind with the flexibility to enjoy it as a personal retreat, short-term rental, or both. Purchased by the current owner as a second home, the property underwent a full renovation featuring high-end finishes and thoughtful design throughout. Every space brings together comfort, style, and the warm character that makes a mountain getaway feel special. Exposed brick fireplaces on both the upper and lower levels create cozy gathering spaces and add timeless charm. A bedroom and full bathroom on each floor provide privacy and separation, making the two-level layout especially appealing for families, friends, and rental guests. With the addition of sleeper sofas, the home comfortably accommodates up to eight guests. Offered fully furnished, with only a few personal décor items excluded, this property makes getting settled easy. Whether you're planning your next mountain weekend or preparing to welcome rental guests, the furnishings are already in place. The location adds even more appeal. Situated in one of the few areas of Townsend that permits short-term rentals, the home is just minutes from scenic hiking trails, the Little River, local restaurants, and shops, with easy access to Great Smoky Mountains National Park. Beautifully updated, full of character, and ready to enjoy, this Townsend retreat brings together peaceful mountain living and short-term rental potential. Come see where your next chapter in the Smokies could begin!
    2 days
    143
    5

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Courtney McGhee 865-567-6961,

    Keller Williams 865-977-0770

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3611154MLS Logo

      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
      Video & virtual tour

      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: $372/sqft
      • Tax assessed value: $315,800
      • Annual tax amount: $1,255
      • Date on market: 10/3/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/3/2026Listed for sale$565,000-5.8%$372/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3611154 Report a problem
        9/1/2026Listing removed$599,900$395/sqft
        Source: East Tennessee Realtors #1332901 Report a problem
        5/14/2026Price change$599,900-2.5%$395/sqft
        Source: East Tennessee Realtors #1332901 Report a problem
        3/16/2026Listed for sale$615,000+167.7%$405/sqft
        Source: East Tennessee Realtors #1332901 Report a problem
        10/12/2020Sold$229,750$151/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,255 $78,950
        2024$1,255 $78,950
        2023$1,255 +20.4%$78,950 +87.1%
        2022$1,042 $42,200
        2021$1,042 $42,200
        2020$1,042 $42,200
        2019$1,042 +12.1%$42,200 +12.1%
        2018$930 +2.1%$37,650
        2017$911 $37,650
        2016$911 +12.5%$37,650
        2015$809 $37,650
        2014-- $37,650 -6.9%
        2013$870 $40,450
        2012$870 +0%$40,450 +0%
        2011$870 +5.4%$40,448
        2010$825 $40,448
        2009-- $40,448 +3.9%
        2008$868 $38,940
        2007$868 +2.3%$38,940
        2006$849 -10.3%$38,940
        2005$946 +50.8%$38,940 +33.4%
        2004$627 $29,183
        2002$627 $29,183
        2001-- $29,183 -75%
        2000-- $116,733
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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

        Climate risks

        Neighborhood: 37882

        Getting around

        1 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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