$425,000
●
House -
Active
233 Ace Gap Rd
Townsend, TN 37882
1 Bed
2 Baths
$2,280
Est. Monthly
$92
HOA / Fees
About This Property
This 1 bedroom with loft home in the well know community of Laurel
Valley offers a cozy vibe with the master bedroom on the main
floor, ensuite with walk-in shower and jacuzzi tub, also a screened
porch off of the master bedroom, which offers an outside propane
fire pit for those quiet evenings. The kitchen/living room area is
a nice place to gather with friends and family, and extended off
the kitchen is a large screened porch that is so inviting. The loft
area is an additional area that can be used for an office, game
room, or flex room, and is adjoined to a full bath as well. This
home comes fully furnished and turnkey for those seeking an
investment property, or already set up for those seeking a
residential home. Located in Townsend, the ''Peaceful Side of the
Smokies'', 30 minutes from Pigeon Forge, 50 minutes from Gatlinburg
and Knoxville, and only minutes away from the Great Smoky Mountains
National Park, and Cades Cove. Schedule your showing to see this
beautiful and well appointed home!
Unit Size
-
Days on Market
124 days
Land Size
0.37 acres
Price per sqft
-
Property Type
House
Property Taxes
$101
HOA Dues
$92
Year Built
1999
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 #1344502)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Listed by Parkside Realty Services | $425,000 | |
| Listed by Parkside Realty Services | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 21, 2020 | In contract | - | |
| In contract | |||
| Jul 1, 2020 | No longer available | - | |
| No longer available | |||
| Jul 1, 2020 | Listed | $239,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 1260 square feet.
| |||
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Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Off-Street Parking, Main Level
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Flooring Type: Carpet, Hardwood, Vinyl
Rooms: 5
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Basement: Crawl Space, Unfinished, Outside Entr Only
Exterior Details
Security Features: Gated Community
Architectural Style: Cabin
Year Built: 1999
Building Area Total: 1260
Window Features: Windows - Insulated
Construction Materials: Wood Siding, Block, Frame
Patio and Porch Features: Deck, Porch - Screened, Porch - Covered
Lot Features: Cul-De-Sac, Wooded, Irregular Lot, Golf Community
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Lot Size Square Feet: 16117
Lot Size Dimensions: 75X222.21
Tax Lot: 37
Water Source: Public
Financial Details
Tax Annual Amount: $1,209
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air, Heat Pump, Propane, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Trash, Association Ins
HOA/Condo/Coop Amenities: Clubhouse, 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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Beds
Baths
ft²
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Closing Price
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HOA + Taxes
About Blount
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Listed by: Donna Phillips
Listed Office: Parkside Realty Services - Listing courtesy of East Tennessee Realtors
Phone: 865-448-1720
Last Updated: 2026-08-20 03:54:01
Last Checked: 2 months
Data Source: East Tennessee Realtors, MLS# 1344502
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 03:54:01
Last Checked: 2 months
Data Source: East Tennessee Realtors, MLS# 1344502
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