123 Cutter Gap Rd

$615,000
Price
2
Beds
1,520 Sq. Ft.
$405 / Sq. Ft.
1,520
Sq. Ft.
$405
per Sq. Ft.

Description

This beautifully renovated property in the heart of Townsend is the perfect second home or short-term rental investment. Originally purchased to be a true second home, the current owner spared no expense in a complete renovation, finishing the property with high-end touches throughout. The home features stunning exposed brick fireplaces on both the upper and lower levels, creating warmth and character in every season. With a bedroom and bathroom on each floor, the layout is ideal for personal use...This beautifully renovated property in the heart of Townsend is the perfect second home or short-term rental investment. Originally purchased to be a true second home, the current owner spared no expense in a complete renovation, finishing the property with high-end touches throughout. The home features stunning exposed brick fireplaces on both the upper and lower levels, creating warmth and character in every season. With a bedroom and bathroom on each floor, the layout is ideal for personal use or rental groups who want both comfort and privacy. It comfortably sleeps up to eight people with the addition of fold-out sofa beds, making it an excellent option for larger groups. The property comes fully furnished, with only a few personal décor items excluded, allowing for a truly turnkey experience whether you plan to enjoy it yourself or begin renting immediately. Set in one of the few areas of Townsend that allows short-term rentals, the location couldn't be better. You're close to everything the 'Peaceful Side of the Smokies' has to offer, from scenic hiking trails and the river to restaurants, shops, and easy access into the national park. Whether you're looking for your own mountain retreat or a high-potential STR property, this home offers the perfect combination of quality, charm, and location.
  1. Listed by Courtney McGhee • Keller Williams

Property Details for 123 Cutter Gap Road

Architectural Style
Cabin, Traditional
Sub division Name
Fairlight - Laurel Valley
View
Mountain View, Wooded
Style Cabin
True
Style Traditional
True
LISTING UPDATED: 10/09/2025 02:28 PM

Property Details for 123 Cutter Gap Road

StatusActive
MLS #1314001
Days on Market112
Taxes$1,255 / year
HOA Fees$1,100 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family / Single Family Residence
Year Built1973
Lot Size0.38 AC / 16,552 SF
CountyBlount County

Location

Listing Courtesy of Keller Williams, Courtney McGhee
Add your commute

Building Information for 123 Cutter Gap Road

Stories-Year Built1973Building Size-Lot Size0.38 AC / 16,552 SF

Payment Calculator

$3,235 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,039

Property Taxes

$105

HOA Dues

$92

The Payment Calculator is for illustrative purposes only.

Property Information for 123 Cutter Gap Road

Summary
Location and General Information
  • City: Townsend
  • County Or Parish: Blount County - 28
  • Directions: From Hwy 321 in Townsend, turn onto Old Tuckaleechee Pike to right onto Laurel Rd. Follow Laurel Road into Laurel Valley Community through stone entrance until turning right onto Cutter Gap Road. House is third in the left
  • Latitude: 35.675328
  • Longitude: -83.803117
  • MLS Area Major: Blount County - 28
  • MLS Area Minor: Blount County - 28
  • Postal Code: 37882
  • State Or Province: TN
  • View Mountain View: True
  • View Wooded: True
  • Location Tax Legal Info Area: Blount County - 28
  • Remarks Misc Directions: From Hwy 321 in Townsend, turn onto Old Tuckaleechee Pike to right onto Laurel Rd. Follow Laurel Road into Laurel Valley Community through stone entrance until turning right onto Cutter Gap Road. House is third in the left
Parking
  • Attached Garage: No
  • Parking Features: Off-Street Parking, Designated Parking
  • Atchd Dtchd Type Detached: True
  • Garage Parking Designated Parking: True
  • Garage Parking Off-Street Parking: True
School Information
  • Elementary School: Townsend
  • High School: Heritage
  • Middle Or Junior School: Heritage
  • Location Tax Legal Info Elementary School: Townsend
  • Location Tax Legal Info Middle School: Heritage
  • Location Tax Legal Info High School: Heritage
Taxes and HOA Information
  • Association Fee: 1100.0
  • Association: true
  • Association Fee Frequency: Yearly
  • Parcel Number: 095K B 022.00
  • Location Tax Legal Info Total Tax: 1255.3
  • General Property Description HOA Fee: 1100.0
  • General Property Description HOA Freq: Yearly
  • General Property Description HOA Contact: treasurer@laurelvalley.org
  • General Property Description HOA: Mandatory
Property
Lot Information
  • Building Area Source: Tax Records
  • Lot Size Area: 0.38
  • Lot Size Units: Acres
  • Lot Size Square Feet: 16552.8
  • Year Built: 1973
  • Lot Features: Wooded, Rolling Slope
  • Building Area Total: 1520.0
  • Lot Size Acres: 0.38
  • Lot Size Source: Other
  • General Property Description SqFt - Main Lvl: 760.0
  • General Property Description SqFt - Down Lvl: 760.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Acres: 0.38
  • General Property Description Acre Source: Other
  • General Property Description Site Built: Yes
  • Lot Description Wooded: True
  • Lot Description Rolling Slope: True
Property and Assessments
  • Possession: At Closing
  • Property Attached: No
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • Possession At Closing: True
Utilities
  • General Property Description Sewer: Septic Tank
  • Fuel Electric: True
  • Misc Features Internet Available: True
  • Sewer Septic Tank: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Wood, Brick, Frame
  • Siding Brick: True
  • Siding Wood: True
  • Exterior Features Balcony: True
  • Exterior Features Patio: True
  • Exterior Features Porch - Covered: True
  • Misc Features Pantry: True
Interior Features
  • Beds Total: 2
  • Baths Full: 2
  • Baths Half: 0
  • Cooling: Central Cooling
  • Fireplaces Total: 2
  • Fireplace: Yes
  • Bathrooms Total Integer: 2
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Heating Details: Central, Electric
  • Fireplace Features: Brick, Wood Burning
  • Flooring: Tile
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace Brick: True
  • Fireplace Wood Burning: True
  • Cooling Central Cooling: True
  • Floors Tile: True
  • Basement Finished: True
  • Basement Plumbed: True
  • Basement Walkout: True
  • General Property Description Number of Bedrooms: 2
  • General Property Description Number of Rooms: 6
  • General Property Description Fireplace: Yes
  • General Property Description Number of Fireplace: 2.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: No
  • General Property Description Extra Storage: Yes
  • Heat Central: True
  • Dining Area Living Room Dining Room: True
  • Appliances Dishwasher: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Washer: True
  • Other Rooms Basement Rec Room: True
  • Other Rooms Extra Storage: True
  • Other Rooms Laundry Utility: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Misc Features Walk-in Shower: True
  • Misc Features WasherDryer Connect: True
  • Misc Features Whirlpool Tub: True
Room Information
Room
  • Rooms Total: 6
Rental
Rent Information
  • Contract Info Occupancy: Either
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Electric

Property History for 123 Cutter Gap Road

DateEvent & SourcePriceAppreciation
Oct 27, 2025

Price Change

REALTRACS #3034156

$615,000
Oct 9, 2025

Price Change

KAARMLS #1314001

$615,000
Sep 2, 2025

Listed (Active)

KAARMLS #1314001

$625,000
Oct 8, 2020

Closed (Public Record)

Public Record #683215730

$229,750
Oct 8, 2020

Closed

KAARMLS #1086950

$229,750
Sep 21, 2020

Contract - Not Showing

KAARMLS #1086950

Sep 2, 2020

Price Change

KAARMLS #1086950

$255,000
Jul 11, 2020

Listed (Active)

KAARMLS #1086950

$275,000
DateEvent & SourcePrice
10/27/2025

Price Change

REALTRACS #3034156

$615,000
10/09/2025

Price Change

KAARMLS #1314001

$615,000
09/02/2025

Listed (Active)

KAARMLS #1314001

$625,000
10/08/2020

Closed (Public Record)

Public Record #683215730

$229,750
10/08/2020

Closed

KAARMLS #1086950

$229,750
09/21/2020

Contract - Not Showing

KAARMLS #1086950

09/02/2020

Price Change

KAARMLS #1086950

$255,000
07/11/2020

Listed (Active)

KAARMLS #1086950

$275,000

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

Public Records for 123 Cutter Gap Road

Taxable ValueLand$11,250Additions$67,700Total$78,950
Tax Record2022$1,042 ($87 / month)
Home Facts
Beds0Total Finished SqFt2,280 SqFtAbove Grade Finished SqFt1,520 SqFtFinished Basement SqFt760 SqFtStories1Lot Size17,794 SqFtStyleSingle Family ResidenceYear Built1973Year Renovated2007ZoningR-1CountyBLOUNTAPN005095K B 02200Fireplace TypeHas Fireplace

Schools near 123 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.

Similar Homes

Similar Sold Homes

123 Cutter Gap Road is a single family home for sale in Townsend, TN 37882. This property was listed for sale on September 2, 2025 by Keller Williams, it's currently listed at $615,000. It has been on the market for a total of 112 days and was last sold on October 8, 2020. This listing's school district is Blount County School District. Nearby schools include Townsend Elementary School, Heritage Middle School and Heritage High School. 123 Cutter Gap Road is a 2-bed, 2-bath, 1,520 sqft single family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams, Courtney McGhee

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MTRMLS, Inc. All Rights Reserved. Last updated: 10/09/2025 02:28 PM