123 Cutter Gap Rd, Townsend, TN, 37882
About This Home
Welcome to your perfect mountain getaway in the heart of Townsend, also known as the ''Peaceful Side of the Smokies.'' This beautifully renovated property offers the ideal blend of personal retreat and short-term rental investment. Originally purchased as a second home, the current owner completed a full renovation with no detail overlooked, incorporating high-end finishes and thoughtful design throughout the property. The result is a warm, inviting space that feels both elevated and comfortable. One of the standout features of the home is the stunning exposed brick fireplaces on both the upper and lower levels, adding timeless character and cozy ambiance year-round. The smart two-level layout includes a bedroom and full bathroom on each floor, offering excellent separation and privacy for guests or rental groups. With the addition of sleeper sofas, the home comfortably accommodates up to eight guests, making it a fantastic option for family vacations, friend groups, or rental income potential. The property is being sold fully furnished, with only a few personal décor items excluded, allowing for a seamless and truly turnkey experience. Whether you plan to enjoy it as your own mountain escape or begin generating rental income right away, everything is already in place. Located in one of the few areas of Townsend that allows short-term rentals, the location is exceptional. You're just minutes from scenic hiking trails, the Little River, local restaurants and shops, and easy access to the Great Smoky Mountains National Park. If you've been searching for a charming Smoky Mountain retreat with strong STR potential in a peaceful setting, this property offers the perfect combination of location, quality, and investment opportunity.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1973
Materials
- Construction materials: Frame,Other,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Washer Hookup,Electric Dryer Hookup
Basement
- Has basement: Yes
- Basement: Finished,Exterior Entry,Other
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Pantry
- Flooring: Tile
- Number of fireplaces: 2
- Fireplace: Yes
- Finished area below ground: 760
- Finished area above ground: 760
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,520
- Total interior livable area: 1,520 sqft
Property
Details
- Parcel number: 095K B 02200 000
- Special condition: Standard
Features
- Levels: Two
- Patio & porch: Patio,Porch,Covered
- Exterior features: Balcony
- Has view: Yes
- View description: Mountain(s)
- Topography of land: Wooded,Rolling Slope
Lot
- Lot size: 0.38 Acres
- Features: Wooded,Rolling Slope
- Lot size dimensions: 72 x 225 IRR
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 | $3,033 | $36,396 |
| Home Insurance | $226 | $2,712 |
| Property Taxes | $784 | $9,408 |
| Electricity | $175 | $2,103 |
| Total | $4,218 | $50,616 |
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 |
|---|---|---|
| 2026-03-16 | Listed for sale | $615,000 |
| 2026-03-01 | Listing removed | $615,000 |
| 2025-10-09 | Price change | $615,000 |
| 2025-09-02 | Listed for sale | $625,000 |
| 2020-10-08 | Sold | $229,750 |
| 2020-09-21 | Pending sale | $255,000 |
| 2020-09-02 | Price change | $255,000 |
| 2020-07-11 | Price change | $260,000 |
| 2020-05-19 | Price change | $269,000 |
| 2020-02-07 | Price change | $270,000 |
| 2019-11-14 | Price change | $274,000 |
| 2019-08-27 | Price change | $274,500 |
| 2019-07-11 | Listed for sale | $275,000 |
| 2001-09-07 | Sold | $33,250 |
| 1997-01-28 | Sold | $25,000 |
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