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!
Active
$565,000
123 Cutter Gap Rd, Townsend, TN 37882
2beds
1,520sqft
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
- 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#: 3611154
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
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Listed for sale | $565,000-5.8%$372/sqft |
Source: | ||
| 9/1/2026 | Listing removed | $599,900$395/sqft |
Source: | ||
| 5/14/2026 | Price change | $599,900-2.5%$395/sqft |
Source: | ||
| 3/16/2026 | Listed for sale | $615,000+167.7%$405/sqft |
Source: | ||
| 10/12/2020 | Sold | $229,750$151/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37882
Nearby schools
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.







