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123 Cutter Gap Rd, Townsend, 37882
Priced At: $615,000
Property Details for ID: 1314001
SqFt: 1,520
Price SqFt: $405
Total Bedrooms: 2
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-09-02T19:48:36Z
Subdivision: Fairlight - Laurel Valley
Public Remarks: 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.
Schools Information
Elementary School: TownsendMiddle / Junior School: Heritage
High School: Heritage
Building Description
Site Built: Yes
Year Built: 1973
Total Rooms: 6
SqFt (Total): 1,520
SqFt (Main Lvl): 760
SqFt (Down Lvl): 760
Full Baths: 2
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Extra Storage: Yes
Basement: Yes
Basement Type: Finished, Plumbed, Walkout
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: Mandatory
HOA Fee: 1100
HOA Freq: Yearly
HOA Contact: treasurer@laurelvalley.org
Heating & Cooling
Total Fireplaces: 2
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
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
Your commute
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!