134 Fairway Circle
About This Property
From the moment you enter, you'll appreciate the soaring cathedral ceilings accented by beautiful exposed beams, a stunning floor-to-ceiling wood-burning fireplace, and an abundance of windows that invite natural light inside while showcasing the beauty of the surrounding landscape. The thoughtfully designed kitchen features beautiful quartz countertops and stainless steel appliances, creating a space that is both stylish and welcoming.
The spacious primary suite with hardwood floors and large ensuite bathroom features elegant wood trim throughout. Upstairs you will find a great loft space, full bathroom, and bedroom. Lower level features a full bathroom, bedroom/flex space .
Step outside to two lovely patios, where you can savor your morning coffee, enjoy the fresh mountain air, or spend peaceful evenings surrounded by nature. Every detail of this setting invites you to slow down and appreciate the simple beauty of your surroundings.
Beyond the home, the gated community offers access to wonderful amenities, including a swimming pool, recreation room, and golf, adding to the appeal of this exceptional setting.
Whether you're seeking a year-round residence or a relaxing mountain retreat, this home offers a beautiful balance of comfort, tranquility, and understated elegance. Discover the charm of Townsend, affectionately known as the Peaceful Side of the Smokies, and experience a place where coming home feels like getting away.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2026 | Listed by The Dwight Price Group Realty Executives Associates | $698,800 | |
| Listed by The Dwight Price Group Realty Executives Associates | |||
| Oct 4, 2026 | Price Decreased |
$725,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by Parkside Realty Services | $729,900 | |
| Listed by Parkside Realty Services | |||
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Perfectly positioned along the 17th and 18th fairways in the popular gated community of Laurel Valley, this mountain retreat showcases breathtaking golf course and Smoky Mountain views with the versatility of a primary residence, luxury getaway, or short-term rental investment (STR permitted).
The open-concept main level is filled with natural light and features vaulted ceilings, expansive windows, rich wood accents, hardwood flooring, and a dramatic stone wood-burning fireplace. Designed for entertaining, the chef's kitchen offers quartz countertops, soft-close cabinetry, and stylish modern finishes.
The spacious main-level primary suite includes hardwood floors, a walk-in closet, double vanity, and a beautifully tiled walk-in shower, along with private access to the screened porch and rear deck. Upstairs, guests will enjoy a private bedroom, full bath, and flexible loft space.
The partially finished lower level expands the home's possibilities with an additional full bath and generous flex space ideal for a game room, bunk area, media room, or additional guest accommodations.
Multiple outdoor living areas, abundant storage, and seamless indoor-outdoor flow complete this exceptional mountain property. A rare opportunity to own a mint condition home tucked away in the mountains, yet only five minutes from grocery store, post office, restaurants, the Little River, National Park entrance, thirty minutes from the Knoxville Airport, hospitals, and forty-five minutes from Knoxville and University of Tennessee.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017