Sold
Last Sold Price
1 bed1,744 sqft$283/sqft
120 Cutter Gap Rd, Townsend, TN 37882
Single FamilyProperty Type
0.39 acresLot Size
1999Year Built
$283/sq ftPrice per sq ft
$750/yrHOA Fees

Description

This gorgeous investment property boasts of 1744sqft with year long mountain views. Bonus room! Open concept living room/dining for entertaining. Large master suite on the main floor. Stainless steel appliances in the kitchen. The entire down stairs has been turned into its own suite with a seperate entrance. Down stairs is open concept with a miniture kitchenette and a owners closet. This is a turn key investment property with projections between $50k-$60K Gross Yearly.This gorgeous investment property boasts of 1744sqft with year long mountain views. Bonus room! Open concept living room/dining for entertaining. Large master suite on the main floor. Stainless steel appliances in the kitchen. The entire down stairs has been turned into its own suite with a seperate entrance. Down stairs is open concept with a miniture kitchenette and a owners closet. This is a turn key investment property with projections between $50k-$60K Gross Yearly.
  • Listed by: Stella Parton • Mountain Home Realty
Listing closed: 02/14/2022 01:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 3268041

Recent comparable sales

Median sold price

$435,000

Avg days on market

85

Sale-to-list ratio

94.0%

Townsend, TN

9 comparable properties found

$400,000 | 319 Rainbow Circle, Townsend, TN 37882
1/29
1

$400,000

Sold 05/29/26

1
Bedrooms
1,452
Square Feet
0.67
Acres
$549,000 | 386 Laurel Road, Townsend, TN 37882
1/26
2

$549,000

Sold 05/01/26

1
Bedrooms
1,316
Square Feet
0.4
Acres
$487,500 | 1040 Laurel Road, Townsend, TN 37882
1/33
3

$487,500

Sold 09/11/25

2
Bedrooms
1,632
Square Feet
0.56
Acres
$435,000 | 195 Cold Springs Trace, Townsend, TN 37882
1/30
4

$435,000

Sold 12/16/24

2
Bedrooms
1,752
Square Feet
0.34
Acres
a house view with a backyard space
1/49
5

$379,000

Sold 11/21/25

2
Bedrooms
1,409
Square Feet
2.02
Acres
a front view of a house with a garden
1/52
6

$335,000

Sold 07/14/26

2
Bedrooms
1,990
Square Feet
0.08
Acres
$445,000 | 391 Laurel Road, Townsend, TN 37882
1/34
7

$445,000

Sold 12/23/25

2
Bedrooms
1,361
Square Feet
0.32
Acres
a view of a house with wooden deck and a yard
1/40
8

$303,000

Sold 10/29/25

2
Bedrooms
1,668
Square Feet
0.43
Acres
$525,000 | 308 East Chestnut Hill Road, Townsend, TN 37882
1/42
9

$525,000

Sold 10/10/25

2
Bedrooms
1,685
Square Feet
0.67
Acres

Location

Listing Courtesy of Mountain Home Realty, Stella Parton (865.206.6644)
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Property Information for 120 Cutter Gap Road

Property Details
  • Taxes: $1,202 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Cabin
  • Subdivision Name: Laurel Valley Golf Course
  • View: Mountain(s)
  • Waterfront: No
Building Information
  • Year Built: 1999
  • Lot Size: 0.39 AC / 16,988 SF
Summary
Location and General Information
  • Directions: Turn onto wears valley road, go 18miles, turn left onto Old Tuckaleechee Rd, go .40 miles then turn right onto Laurel Valley Rd, .80 miles continue straight onto Country Club Dr, 400 ft turn right onto Cutter Gap Rd, 0.1 miles 120 Cutter Gap on the Right.
  • Levels: Three Or More
  • Living Area Source: Tax Records
  • Living Area Units: Square Feet
  • Mlg Can View: Yes
  • Topography: Wooded
Parking
  • Parking Features: Driveway, Paved
  • Parking Total: .00
Taxes and HOA Information
  • Association Amenities: Clubhouse, Pool
  • Condo Coop Association YN: Yes
  • Tax Block: A
  • Tax Lot: 5/A
Property
Building Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet
  • Flooring: Hardwood, Carpet
Lot Information
  • Lot Features: Wooded
  • Lot Size Source: Calculated from Plat
  • Lot Size Units: Acres
  • Parcel Number: 095K C 03000 000
  • Lot Size Area: 0.39
Property and Assessments
  • Construction Materials: Wood Siding
  • Documents Count: 7
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: No
  • Security Features: Security Gate
  • Senior Community: No
Utilities
  • Basement: Finished, Exterior Entry, Walk-Out Access
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Other
  • Utilities: Electricity Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Pool Private: No
  • View YN: Yes

Property History for 120 Cutter Gap Road

DateEvent & SourcePriceAppreciation
Feb 14, 2022

Closed

REALTRACS #3268041

$494,000
Feb 14, 2022

Closed

KAARMLS #1177283

$494,000
Feb 11, 2022

Closed (Public Record)

Public Record #1485074779

$494,000

+44.9% / yr

DateEvent & SourcePrice
02/14/2022

Closed

REALTRACS #3268041

$494,000
02/14/2022

Closed

KAARMLS #1177283

$494,000
02/11/2022

Closed (Public Record)

Public Record #1485074779

$494,000

+44.9% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 120 Cutter Gap Road

Taxable ValueLand$20,000Additions$108,000Total$128,000
Tax Record2025$2,035 ($170 / month)
Home Facts
Beds0Total Finished SqFt2,628 SqFtAbove Grade Finished SqFt1,744 SqFtFinished Basement SqFt884 SqFtStories1Lot Size16,400 SqFtStyleSingle Family ResidenceYear Built1999Year Renovated2012ZoningR-1CountyBLOUNTAPN095K C 03000Fireplace TypeHas Fireplace

Schools near 120 Cutter Gap Road

This home is within Blount County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Townsend Elementary School
PublicK to 5

Heritage Middle School
Public6 to 8

Heritage High School
Public9 to 12

Samuel Everett School of Innovation
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 120 Cutter Gap Road, Townsend, TN 37882
$494,000
1
1,744
16,988
$255,000
4
1,710
15,714
$145,000
1
1,296
0
3
1,613
30,492
$495,000
1
1,248
16,988
$270,000
4
1,920
16,050

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mountain Home Realty, Stella Parton (865.206.6644)

Based on information submitted to the MLS GRID as of 07/10/2026 11:27 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.