123 Cutter Gap Rd, Townsend, TN 37882 (MLS# 1332901)

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: 3/16/2026 Last Modified: 4/06/2026

Overview

Description

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.

Listing Details MLS# 1332901

Location Tax Legal Info

House #: 123
Street Name: Cutter Gap
St Suffix: Rd
State/Province: TN
Zip Code: 37882
PIN #: 095K B 02200 000
Subdivision: Fairlight

Contract Info

Auction Y/N: No
Listing Price: 615000
Occupancy: Either

General Property Description

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

Status Change Info

Status Change Date: 2026-03-16

Location, Tax & Legal Info

Area: Blount County - 28
Property Sub-Type: Residential
City/County Code: County
Elementary School: Townsend
Middle School: Heritage
Total Tax: 1255.31
High School: Heritage

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: 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.

More Information

Atchd/Dtchd Type

Detached: Yes

Style

Cabin: Yes
Traditional: Yes

Construction

Brick: Yes
Frame: Yes

Siding

Brick: Yes
Wood: Yes

Fireplace

Brick: Yes
Wood Burning: Yes

Cooling

Central Cooling: Yes

Floors

Tile: Yes

Garage/Parking

Designated Parking: Yes
Off-Street Parking: Yes

Basement

Finished: Yes
Plumbed: Yes
Walkout: Yes

Lot Description

Rolling Slope: Yes
Wooded: Yes

Fuel

Electric: Yes

View

Mountain View: Yes
Wooded: Yes

Heat

Central: Yes

Dining Area

Living Rm/Dining Rm: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Other Rooms

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

Exterior Features

Balcony: Yes
Patio: Yes
Porch - Covered: Yes

Misc Features

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

Sewer

Septic Tank: Yes

Water

Public: Yes

New Financing

Cash: Yes
Conventional: Yes
Exchange: Yes
VA Loan: Yes

Showing

See Agent Instructns: Yes

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: April - 06 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.