$429,000
●
House -
Active
114 Fairway Circle
Townsend, TN 37882
1 Bed
1 Bath
$2,351
Est. Monthly
$92
HOA / Fees
About This Property
Nestled in Laurel Valley. This one-bedroom home offers a bonus room
that could be used as a flex room or office. Home offers a covered
parking area and screened porch and situated in the beautiful
Mountain golf community of Laurel Valley. Just 30 minutes from
Pigeon Forge, and 50 minutes from Gatlinburg and Knoxville. The
''Peaceful Side of the Smokies'' is the experience at this home and
in Townsend.
Unit Size
-
Days on Market
144 days
Land Size
0.43 acres
Price per sqft
-
Property Type
House
Property Taxes
$152
HOA Dues
$92
Year Built
1997
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (East Tennessee Realtors #1342116)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2026 | Listed by Parkside Realty Services | $429,000 | |
| Listed by Parkside Realty Services | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Relisted | $189,900 | |
| Relisted | |||
| Aug 29, 2017 | Listed | $189,900 | |
| Listed | |||
| | |||
|
Nestled in Laurel Valley. This one one bedroom home offers a bonus room could be used as a second bedroom or study, office. Home offers a covered parking area and screened porch.The manager has listed the unit size as 896 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Attached Garage
Parking Features: Attached, Main Level
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen
Appliances: Dishwasher, Disposal, Range, Refrigerator, Self Cleaning Oven
Flooring Type: Carpet, Hardwood, Tile
Rooms: 5
Has Fireplace
Fireplace Features: Stone, Wood Burning
Fireplaces: 1
Basement: Finished, Roughed In, Outside Entr Only
Exterior Details
Security Features: Gated Community, Smoke Detector(s)
Architectural Style: Cabin
Year Built: 1997
Building Area Total: 896
Window Features: Windows - Insulated
Construction Materials: Cedar, Frame
Patio and Porch Features: Deck, Porch - Screened, Porch - Enclosed, Porch - Covered
Lot Features: Wooded, Rolling Slope, Golf Community, Golf Course Front
Lot Size Area: 0.43
Lot Size Units: Acres
Lot Size Acres: 0.43
Lot Size Square Feet: 18730.8
Lot Size Dimensions: 90X202X90X207
Tax Lot: 3
Water Source: Public
Financial Details
Tax Annual Amount: $1,823
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Heat Pump, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Trash, Association Ins
HOA/Condo/Coop Amenities: Golf Course, Swimming Pool
HOA Fee: $1,100
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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HOA + Taxes
About Blount
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Listed by: Chad Rochelle
Listed Office: Parkside Realty Services - Listing courtesy of East Tennessee Realtors
Phone: 865-448-1720
Last Updated: 2026-08-20 03:43:49
Last Checked: 2 months
Data Source: East Tennessee Realtors, MLS# 1342116
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
Listed Office: Parkside Realty Services - Listing courtesy of East Tennessee Realtors
Phone: 865-448-1720
Last Updated: 2026-08-20 03:43:49
Last Checked: 2 months
Data Source: East Tennessee Realtors, MLS# 1342116
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017