by Lee Lin

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Blount 37882
123 Cutter Gap Rd
$565,000
● House - Active

123 Cutter Gap Rd

Townsend, TN 37882
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,520 Ft²
$2,971
Est. Monthly
$92
HOA / Fees

About This Property

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 decor 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!
Unit Size
1,520 Ft²
Days on Market
11 days
Land Size
0.38 acres
Price per sqft
$372
Property Type
House
Property Taxes
$105
HOA Dues
$92
Year Built
1973

Listed By

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Last updated: 11 days ago (East Tennessee Realtors #1357759)

Price History

Date / Event Date Event Price
Oct 3, 2026 Listed by Keller Williams $565,000
Listed by Keller Williams
Sep 1, 2026 No longer available -
No longer available
Mar 16, 2026 Listed by Keller Williams $599,900
Listed by Keller Williams
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.
Oct 6, 2021 No longer available -
No longer available
Sep 22, 2020 In contract -
In contract
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Property Highlights

Air Conditioning
Fireplace
Parking Details
Parking Features: Off-Street Parking, Designated Parking
Interior Details
Full Bathrooms: 2
Interior Features: Pantry
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Tile
Rooms: 6
Has Fireplace
Fireplace Features: Wood Burning, Brick
Fireplaces: 2
Basement: Walk-Out Access, Finished, Plumbed
Exterior Details
Square Footage: 1520
Architectural Style: Cabin, Traditional
Year Built: 1973
Building Area Total: 1520
Construction Materials: Wood Siding, Brick, Frame
Patio and Porch Features: Covered, Patio
Lot Features: Wooded, Rolling Slope
Lot Size Area: 0.38
Lot Size Units: Acres
Lot Size Acres: 0.38
Lot Size Square Feet: 16552.8
Water Source: Public
Financial Details
Tax Annual Amount: $1,255
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA Fee: $1,100
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 760
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,794
  • Lot Size Depth Feet: 2,170
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRLIGHT
  • Land Acres: 0000000408
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • Legal Description 1: FAIRLIGHT B 4

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011404

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 095K
  • District: 15
  • Parcel: 005095K B 02200
  • Block: B
  • Lot: 4
  • Latitude: 35.6753
  • Longitude: -83.8028

    Address

  • Full Address: 123 Cutter Gap Rd
  • Address - House Number: 123
  • Address - Street Name: Cutter Gap
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Townsend
  • Carrier Code: R001
  • 4-Digit Zip Code: 3520
  • Zip Code: 37882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $104,200
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.2194
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 435,841
  • High Value: 531,506
  • Low Value: 340,175

    Market Valuation

  • Market Total Value: $315,800
  • Market Land Value: $45,000
  • Market Improvement Value: $270,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,950
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $67,700

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 12, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 886632
  • Previous Sale Recording Date: May 01, 1981
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Blount


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Frequently Asked Questions

When was property at 123 Cutter Gap Road built and last sold?
The property at 123 Cutter Gap Road was built in 1973 and last sold on Oct 8, 2020 for $229,750.
How much is this home worth?
The estimated value of the home located at 123 Cutter Gap Road is $563,252.
What are some comparable homes to 123 Cutter Gap Road?
There are currently no comparable homes to 123 Cutter Gap Road.