516 Clearwater Cir, Townsend, TN, 37882
About This Home
Welcome to your perfect mountain retreat in the heart of Townsend, known as the ''Peaceful Side of the Smokies.'' This beautifully renovated cabin offers the ideal blend of charm, comfort, and location just minutes from the Great Smoky Mountains National Park while tucked away from the crowds. The home features a thoughtfully designed layout with one bedroom on the main level and a spacious loft bedroom above, each with its own full bathroom. This setup provides both privacy and flexibility, making it perfect for personal use, hosting guests, or short-term rental. Inside, you'll love the open-concept kitchen and living space, designed for both functionality and connection. The tasteful renovations throughout give the home a fresh, elevated feel while still maintaining that cozy mountain character buyers are looking for. One of the standout features is the large wrap-around screened-in porch, perfect for enjoying morning coffee, relaxing evenings, or taking in the peaceful wooded surroundings without the hassle of bugs. Located within the desirable Laurel Valley community, you'll have access to incredible amenities including the Wild Laurel Golf Course, swimming pool, fitness facility, and an on-site tavern adding both lifestyle and value to the property. If you've been searching for a serene getaway with modern updates, strong rental potential, and access to top-tier amenities, all just a short drive to the Smoky Mountains, this property truly checks all the boxes.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1995
Materials
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven,Washer
- Laundry features: Washer Hookup,Electric Dryer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s)
- Flooring: Carpet,Wood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area above ground: 1,210
Heating & Cooling
- Heating features: Central,Electric,Heat Pump
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,210
- Total interior livable area: 1,210 sqft
Property
Details
- Parcel number: 106C H 00900 000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: Association
- Patio & porch: Deck,Porch,Covered
- Topography of land: Cul-De-Sac,Wooded,Level
Lot
- Lot size: 0.34 Acres
- Features: Cul-De-Sac,Wooded,Level
- Lot size dimensions: 107 x 140
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 | $2,270 | $27,240 |
| Home Insurance | $169 | $2,028 |
| Property Taxes | $587 | $7,044 |
| Electricity | $175 | $2,103 |
| Total | $3,201 | $38,412 |
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 |
|---|---|---|
| 2026-04-06 | Listed for sale | $475,000 |
| 2025-11-12 | Listing removed | $445,000 |
| 2025-07-14 | Price change | $445,000 |
| 2025-05-31 | Price change | $450,000 |
| 2025-05-23 | Price change | $460,000 |
| 2024-11-15 | Listed for sale | $475,000 |
| 2024-03-29 | Listing removed | -- |
| 2023-11-27 | Sold | $425,000 |
| 2023-10-20 | Pending sale | $425,000 |
| 2023-10-12 | Listed for sale | $425,000 |
| 2023-09-20 | Pending sale | $425,000 |
| 2023-09-11 | Listed for sale | $425,000 |
| 2023-08-10 | Listing removed | -- |
| 2023-06-06 | Listed for sale | $459,900 |
| 2023-05-26 | Pending sale | $459,900 |
| 2023-05-08 | Listed for sale | $459,900 |
| 2021-03-25 | Sold | $279,000 |
| 2016-05-24 | Sold | $157,000 |
| 2016-02-16 | Price change | $167,000 |
| 2015-07-14 | Listed for sale | $181,000 |
| 2015-04-09 | Listing removed | $181,000 |
| 2014-11-21 | Price change | $181,000 |
| 2013-11-09 | Price change | $199,900 |
| 2012-10-17 | Listed for sale | $219,800 |
| 2012-08-14 | Listing removed | $225,000 |
| 2010-06-16 | Listed for sale | $225,000 |
| 2008-09-29 | Listing removed | $239,000 |
| 1995-07-25 | Sold | $117,000 |
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