985 Old Cades Cove Rd, Townsend, TN, 37882
About This Home
No deferred maintenance or DIY project necessary on this completely renovated five bedroom five bath lodge that sleeps up to 16 and separate guest house with two bedrooms and a loft that sleeps 6, located 1500 feet from the Rich Mountain Rd exit out of Cades Cove and the trailheads for Ace Gap and Rich Mountain hiking trails. Situated on 7.22 acres of private woodland, this property offers spectacular mountain views, convenient seclusion, and the opportunity to build additional structures, already having underground electric and water in place. Both existing homes offer every desired amenity including theater, pool tables, hot tubs, fire rings, stainless steel appliances, new bedding, fully equipped kitchens, high end grills, new roofs, and main lodge offers an elevator and garage. This could be a family legacy property, offering the ability to live in one home, while renting or leasing the others, or maximize rental income on all and enjoy when not rented. This is a truly magical location that feels as though you are in Cades Cove, yet less than five minutes from Tuckaleechee Caverns, IGA Grocery Store, Vee Hollow Mountain Bike Trails, the Little River, shops and restaurants in the City of Townsend, and less than thirty minutes from Pigeon Forge, Knoxville Airport, Maryville, hospitals, and under 45 minutes from the University of Tennessee, Knoxville, and Gatlinburg.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1999
Materials
- Construction materials: Wood Siding,Log,Shingle Siding,Block,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage,Cabin,Log
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Handicapped Equipped,Microwave,Range,Refrigerator,Self Cleaning Oven,Washer
Basement
- Has basement: Yes
- Basement: Walk-Out Access,Finished,Slab
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Features
- Walk-In Closet(s),Cathedral Ceiling(s),Kitchen Island,Elevator,Pantry,Eat-in Kitchen,Central Vacuum,Bonus Room
- Window features: Insulated Windows
- Flooring: Hardwood,Tile
- Number of fireplaces: 5
- Fireplace features: Electric,Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Heat Pump,Propane,Electric
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Details
- Parcel number: 106 042.02
Features
- Exterior features: Gas Grill
- Has view: Yes
- View description: Mountain(s),Trees/Woods
- Waterfront features: Pond
Lot
- Lot size: 7.22 Acres
- Features: Private,Wooded,Irregular Lot,Rolling Slope
Parking
- Total spaces: 2
- Parking features: Garage Door Opener,Basement
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Landslide
- Lightning
- Inland Flooding
- Strong Wind
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,568 | $78,816 |
| Home Insurance | $489 | $5,868 |
| Property Taxes | $1,698 | $20,376 |
| Electricity | $325 | $3,900 |
| Total | $9,080 | $108,960 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Listed for sale | $1,299,000 |
| 2025-02-08 | Listing removed | $1,449,900 |
| 2024-09-30 | Price change | $1,449,900 |
| 2024-08-07 | Listed for sale | $1,499,900 |
| 2024-03-29 | Listing removed | -- |
| 2024-02-14 | Price change | $1,799,000 |
| 2023-12-29 | Listed for sale | $1,899,000 |
| 2023-12-29 | Listing removed | $1,899,000 |
| 2023-09-27 | Listed for sale | $1,899,000 |
| 2023-09-27 | Listing removed | $1,899,000 |
| 2023-09-23 | Listed for sale | $1,899,000 |
| 2021-02-04 | Listing removed | $499,900 |
| 2021-02-02 | Pending sale | $499,900 |
| 2021-01-29 | Sold | $480,000 |
| 2021-01-14 | Listed for sale | $499,900 |
| 2020-09-12 | Pending sale | $499,900 |
| 2020-06-20 | Listed for sale | $499,900 |
| 1995-08-14 | Sold | $37,500 |
For Sale by Agent
View on Zillow