123 Cutter Gap Rd, Townsend, TN 37882

$615,000
Property Type: Single Family Bedrooms: 2 Square Footage: 1,520 Lot Size (sq. ft.): 16,553 Status: Active
Current Price: $615,000 List Date: 9/02/2025 Last Modified: 2/24/2026

Description

This beautifully renovated property in the heart of Townsend is the perfect second home or short-term rental investment. Originally purchased to be a true second home, the current owner spared no expense in a complete renovation, finishing the property with high-end touches throughout. The home features stunning exposed brick fireplaces on both the upper and lower levels, creating warmth and character in every season. With a bedroom and bathroom on each floor, the layout is ideal for personal use or rental groups who want both comfort and privacy. It comfortably sleeps up to eight people with the addition of fold-out sofa beds, making it an excellent option for larger groups. The property comes fully furnished, with only a few personal décor items excluded, allowing for a truly turnkey experience whether you plan to enjoy it yourself or begin renting immediately. Set in one of the few areas of Townsend that allows short-term rentals, the location couldn't be better. You're close to everything the 'Peaceful Side of the Smokies' has to offer, from scenic hiking trails and the river to restaurants, shops, and easy access into the national park. Whether you're looking for your own mountain retreat or a high-potential STR property, this home offers the perfect combination of quality, charm, and location.

More Information MLS# 1314001

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 615000 Current Price: $615,000 Status: Active Listing Date: 2025-09-02

Location, Tax & Legal Info

Area: Blount County - 28 Property Sub-Type: Residential Community: Laurel Valley City/County Code: County Elementary School: Townsend Middle School: Heritage Total Tax: 1255.3 High School: Heritage

General Property Description

Type: Basement Ranch # Bedrooms: 2 Acres: 0.38 Acre Source: Other # of Rooms: 6 Restrictions: Yes Site Built: Yes Fireplace: Yes HOA Fee: 1100 HOA Freq: Yearly HOA Contact: treasurer@laurelvalley.org Property Status: N/A SqFt - Main Lvl: 760 SqFt - Down Lvl: 760 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 2 HOA: Mandatory Basement: Yes Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 1520 Baths - Full: 2 Year Built: 1973

Remarks & Misc

Directions: From Hwy 321 in Townsend, turn onto Old Tuckaleechee Pike to right onto Laurel Rd. Follow Laurel Road into Laurel Valley Community through stone entrance until turning right onto Cutter Gap Road. House is third in the left Public Remarks: This beautifully renovated property in the heart of Townsend is the perfect second home or short-term rental investment. Originally purchased to be a true second home, the current owner spared no expense in a complete renovation, finishing the property with high-end touches throughout. The home features stunning exposed brick fireplaces on both the upper and lower levels, creating warmth and character in every season. With a bedroom and bathroom on each floor, the layout is ideal for personal use or rental groups who want both comfort and privacy. It comfortably sleeps up to eight people with the addition of fold-out sofa beds, making it an excellent option for larger groups. The property comes fully furnished, with only a few personal décor items excluded, allowing for a truly turnkey experience whether you plan to enjoy it yourself or begin renting immediately. Set in one of the few areas of Townsend that allows short-term rentals, the location couldn't be better. You're close to everything the 'Peaceful Side of the Smokies' has to offer, from scenic hiking trails and the river to restaurants, shops, and easy access into the national park. Whether you're looking for your own mountain retreat or a high-potential STR property, this home offers the perfect combination of quality, charm, and location.

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1 Traditional: 1

Construction

Brick: 1 Frame: 1

Siding

Brick: 1 Wood: 1

Fireplace

Brick: 1 Wood Burning: 1

Cooling

Central Cooling: 1

Floors

Tile: 1

Garage/Parking

Designated Parking: 1 Off-Street Parking: 1

Basement

Finished: 1 Plumbed: 1 Walkout: 1

Lot Description

Rolling Slope: 1 Wooded: 1

Fuel

Electric: 1

View

Mountain View: 1 Wooded: 1

Heat

Central: 1

Dining Area

Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Other Rooms

Basement Rec Room: 1 Bedroom Main Level: 1 Extra Storage: 1 Laundry/Utility: 1 Mstr Bdrm Main Level: 1

Exterior Features

Balcony: 1 Patio: 1 Porch - Covered: 1

Misc Features

Internet Available: 1 Pantry: 1 Walk-in Shower: 1 Washer/Dryer Connect: 1 Whirlpool Tub: 1

Sewer

Septic Tank: 1

Water

Public: 1

New Financing

Cash: 1 Conventional: 1 Exchange: 1 VA Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 123 Street Name: Cutter Gap St Suffix: Rd State/Province: TN Zip Code: 37882 PIN #: 095K B 022.00 Subdivision: Fairlight - Laurel Valley Geo Lat: 35.675328 Geo Lon: -83.803117

Status Change Info

Status Change Date: 2025-09-02

Property Features

Style: Cabin; Traditional Construction: Brick; Frame Siding: Brick; Wood Basement: Finished; Plumbed; Walkout Lot Description: Rolling Slope; Wooded View: Mountain View; Wooded Fireplace: Brick; Wood Burning Floors: Tile Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Septic Tank Water: Public Other Rooms: Basement Rec Room; Bedroom Main Level; Extra Storage; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Internet Available; Pantry; Walk-in Shower; Washer/Dryer Connect; Whirlpool Tub Exterior Features: Balcony; Patio; Porch - Covered Dining Area: Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange; VA Loan
Listing Office: Keller Williams
IDX
Office Phone: 865-977-0770
Last Updated: February - 24 - 2026
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