$399,000
$21K PRICE DROP

114 Cutter Gap Rd Townsend, TN 37882

Estimated payment $2,376/month

Total Views 5,312
1 Bed
2 Baths
1,254 Sq Ft
$318 Price per Sq Ft

Highlights

  • Golf Course Community
  • Gated Community
  • Cathedral Ceiling
  • Fitness Center
  • Clubhouse
  • Wood Flooring

About This Home

Beautiful furnished cabin in Laurel Valley Development--Townsend .Investment or vacation destination. Doing well on Rental Program. One bedroom but spacious loft w/two extra beds and bath. Main level has kitchen, kitchen/dining and great room w/fireplace. Also has California King bed and Jacuzzi in bath, Double-stacked w/d . Wrap-around deck for entertaining and watching the stars.
Currently on Rental program. Some Club Amenities may require an extra fee.

Listing Agent

Diane Shubert

Mountain Realty Group License #295947 Listed on: 03/23/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 1999

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Cabin
  • Frame Construction

Interior Spaces

  • 1,254 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Great Room
  • Bonus Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • 17,424 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 095K C 032.00
  • Tax Block A

Community Details

Overview

  • Association fees include trash, security
  • Fairlight Subdivision
  • Mandatory home owners association

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,847

Year Built

Built in 1999

Lot Details

0.4 Acres

HOA Fees

$92 per month

Listing Details

  • Directions: From Maryville to Townsend, turn right at Fire Hall onto Old Tuckaleechee Road. Go about 1/2 mile and turn right onto Laurel Valley Road. Go through LV Gate to second right onto Cutter Gap. Cabin is green and on the right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1999
  • Lot Size Acres: 0.4
  • Subdivision Name: Fairlight
  • Architectural Style: Cabin
  • Property Attached Yn: Yes
  • Contract Info:List PriceSqFt2: 318.18
  • General Property Description:SqFt - Main Lvl: 870.0
  • General Property Description:SqFt - Down Lvl: 870.0
  • General Property Description:SqFt - 2nd Flr Lvl: 384.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning, Stone
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Kitchen Island, Cathedral Ceiling(s)

Exterior Features

  • Lot Features: Golf Community
  • Construction Type: Frame
  • Patio And Porch Features: Porch - Covered

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Pool
  • Association Fee: 1100.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Security

Lot Info

  • Parcel #: 095K C 032.00

Tax Info

  • Tax Annual Amount: 1847.0
  • Tax Block: A

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,847 $116,160 $20,000 $96,160
2024 $1,154 $72,600 $12,500 $60,100
2023 $1,154 $72,600 $12,500 $60,100
2022 $1,149 $46,500 $8,750 $37,750
2021 $1,149 $46,500 $8,750 $37,750
2020 $1,149 $46,500 $8,750 $37,750
2019 $1,149 $46,500 $8,750 $37,750
2018 $1,186 $48,000 $9,700 $38,300
2017 $1,186 $48,000 $9,700 $38,300
2016 $1,186 $48,000 $9,700 $38,300
2015 $1,032 $48,000 $9,700 $38,300
2014 $1,070 $48,000 $9,700 $38,300
2013 $1,070 $49,750 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2026 04/15/26 Price Changed $399,000 -5.0% $318 / Sq Ft
03/23/2026 03/23/26 For Sale $420,000 +14.9% $335 / Sq Ft
07/16/2021 07/16/21 Sold $365,500 -- $291 / Sq Ft View Prior Sale
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $365,500 --
Deed $214,000 --
Deed $214,000 --
Deed -- --
Deed $149,990 --
Deed $25,000 --
Deed $25,000 --
Deed $6,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,500 New Conventional
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1333781

East Tennessee REALTORS® MLS

APN: 095K-C-032.00

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