$399,000
$21K PRICE DROP

114 Cutter Gap Rd Townsend, TN 37882

Estimated payment $2,410/month

Total Views 14,417
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

  • Legal Lot and Block 3 / A
  • Assessor Parcel Number 095K C 032.00

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
  • Tax Lot: 3

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Your Personal Tour Guide

Ask me questions while you tour the home.