123 Cutter Gap Rd Townsend, TN 37882
Estimated payment $3,390/month
Highlights
- Mountain View
- Traditional Architecture
- Covered Patio or Porch
- Wooded Lot
- 2 Fireplaces
- Balcony
About This Home
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.
Listing Agent
Keller Williams Brokerage Phone: 8655676961 License #358219 Listed on: 02/04/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,255
Year Built
- Built in 1973
Lot Details
- 0.38 Acre Lot
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $92 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- Property has 2 Levels
- 2 Fireplaces
- Utility Room
- Tile Flooring
- Mountain Views
- Finished Basement
- Exterior Basement Entry
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Townsend Elementary School
- Heritage Middle School
- Heritage High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- Fairlight Laurel Valley Subdivision
Listing and Financial Details
- Assessor Parcel Number 095K B 02200 000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,255 | $78,950 | $11,250 | $67,700 |
| 2024 | $1,255 | $78,950 | $11,250 | $67,700 |
| 2023 | $1,255 | $78,950 | $11,250 | $67,700 |
| 2022 | $1,042 | $42,200 | $9,200 | $33,000 |
| 2021 | $1,042 | $42,200 | $9,200 | $33,000 |
| 2020 | $1,042 | $42,200 | $9,200 | $33,000 |
| 2019 | $1,042 | $42,200 | $9,200 | $33,000 |
| 2018 | $930 | $37,650 | $9,375 | $28,275 |
| 2017 | $930 | $37,650 | $9,375 | $28,275 |
| 2016 | $930 | $37,650 | $9,375 | $28,275 |
| 2015 | $809 | $37,650 | $9,375 | $28,275 |
| 2014 | $870 | $37,650 | $9,375 | $28,275 |
| 2013 | $870 | $40,450 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $625,000 | +172.0% | $411 / Sq Ft | |
| 10/08/2020 10/08/20 | Sold | $229,750 | -- | $146 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $229,750 | -- | |
| Deed | -- | -- |
Source: Realtracs
MLS Number: 3034156
APN: 095K-B-022.00
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