1239 Wears Valley Rd Townsend, TN 37882
Estimated payment $35,653/month
Highlights
- 45.02 Acre Lot
- Wood Flooring
- No HOA
- Wooded Lot
- Solid Surface Countertops
- Central Heating and Cooling System
About This Home
Here's a ONCE IN A LIFETIME OPPORTUNITY to buy a turnkey portfolio of 10 cabins and ready to develop land. Build more cabins, glamping, or start back up the self guided horse riding business that used to call this 19+ acres home. All cabins are in great shape. See projections for what type of income could be generated with this portfolio. 7 of the cabins are built into a community style setup with entertaining space outdoors. 3 of the cabins are a few minutes down the road with great privacy and amenities. Additional land includes a storefront, a horse stable, barns, and several outbuildings. It also has a two story cabin on site that could be refinished into an income producing property as well. At the top of land are breathtaking 360 degree views. This is a RARE opportunity to jump into the overnight rental market and make instant money!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $781
Year Built
- Built in 1992
Lot Details
- 45.02 Acre Lot
- Property fronts a highway
- Rural Setting
- Irregular Lot
- Steep Slope
- Wooded Lot
- Property is zoned 1R2
Home Design
- Cabin
- Frame Construction
- Metal Roof
Interior Spaces
- 986 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Gas Log Fireplace
- Crawl Space
Kitchen
- Electric Range
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 24 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Parking Available
- Gravel Driveway
- Additional Parking
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1R2
- Assessor Parcel Number 086 009.06
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 |
|---|---|---|---|---|
| 2024 | $781 | $49,120 | $14,960 | $34,160 |
| 2023 | $781 | $49,120 | $14,960 | $34,160 |
| 2022 | $799 | $32,360 | $12,560 | $19,800 |
| 2021 | $799 | $32,360 | $12,560 | $19,800 |
| 2020 | $799 | $32,360 | $12,560 | $19,800 |
| 2019 | $799 | $32,360 | $12,560 | $19,800 |
| 2018 | $840 | $34,000 | $13,480 | $20,520 |
| 2017 | $840 | $34,000 | $13,480 | $20,520 |
| 2016 | $840 | $34,000 | $13,480 | $20,520 |
| 2015 | $731 | $34,000 | $13,480 | $20,520 |
| 2014 | $748 | $34,000 | $13,480 | $20,520 |
| 2013 | $748 | $34,800 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $6,499,999 | +200.2% | $6,592 / Sq Ft |
| 09/15/2021 09/15/21 | Off Market | $2,165,000 | -- | -- |
| 06/16/2021 06/16/21 | Sold | $2,165,000 | +3.1% | $820 / Sq Ft |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | Price Changed | $2,100,000 | +10.5% | $795 / Sq Ft |
| 01/21/2021 01/21/21 | For Sale | $1,900,000 | +1501.3% | $720 / Sq Ft |
| 11/27/2016 11/27/16 | Off Market | $118,650 | -- | -- |
| 08/29/2013 08/29/13 | Sold | $118,650 | +43.6% | $104 / Sq Ft |
| 08/06/2013 08/06/13 | Pending | -- | -- | -- |
| 07/31/2013 07/31/13 | For Sale | $82,600 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | $118,650 | -- | |
| Deed | $108,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 307633
APN: 086-009.06
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