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8229 E Lamar Alexander Parkway Pkwy, Townsend, 37882
Priced At: $975,000
Property Details for ID: 1346643
SqFt: 4,300
Price SqFt: $227
Total Bedrooms: 6
Full Baths: 3 / Half Baths: 1
MLS Status: Active
Property Type: Residential
On Market Date: 2026-07-03T07:15:54Z
Public Remarks: Exceptional Little River Estate with Highway Frontage & Endless Possibilities Discover one of Townsend's most unique and versatile properties, offering the rare combination of frontage on both E. Lamar Alexander Parkway (Highway 321) and the pristine Little River. Nestled along one of the river's most peaceful stretches--away from the heavy tubing traffic--this property provides deep water, outstanding fishing, and a serene mountain setting just minutes from the entrance to the Great Smoky Mountains National Park. Currently zoned B-1 Commercial, this exceptional property offers tremendous flexibility for a variety of business ventures (subject to county regulations), overnight rental opportunities, investment potential, or continued use as a spacious private residence. The home features approximately 6 bedrooms, 3.5 bathrooms, a spacious open family room, a large main-level bonus room, and an oversized primary suite. Originally constructed in 1952, the residence was thoughtfully expanded around 2010, blending classic character with modern living space. A fully finished and heated basement, dual HVAC systems, and generous living areas provide ample room for family, guests, or future business conversion. Whether you're seeking a family estate, investment property, boutique commercial location, or riverfront retreat, this property offers unmatched potential in one of East Tennessee's most desirable destinations. Property Highlights: Frontage on both E. Lamar Alexander Parkway and the Little River Peaceful river setting with deep water and excellent fishing Located outside the heavily trafficked tubing areas B-1 Commercial Zoning allowing numerous business possibilities Excellent overnight rental or mixed-use potential 6 Bedrooms | 3.5 Bathrooms Large family room, bonus room, and spacious primary suite Heated and finished full basement Dual HVAC systems Original home built in 1952 with major addition completed around 2010 Conveniently located along the Townsend Bike Trail Minutes from the entrance to the Great Smoky Mountains National Park The home is being offered As-Is, presenting an outstanding opportunity for buyers to create their own vision while investing in one of Townsend's most distinctive riverfront properties. Properties with this combination of commercial zoning, river frontage, highway visibility, and proximity to the Great Smoky Mountains National Park rarely become available. Schedule your private showing today and experience the exceptional possibilities that await at 8229 E. Lamar Alexander Parkway.
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 1952
Total Rooms: 13
SqFt (Total): 4,300
SqFt (Main Lvl): 2,800
SqFt (Down Lvl): 1,500
Full Baths: 3
1/2 Baths: 1
Fireplace: No
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Finished, Partially Finished, Walkout, Other
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 0
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
: From Maryville take 321 to Townsend. Follow straight thru at the light as if going to the GSMNP. Property is Directly after passing Docs Motel on the Left. Sign on the property. Shown by appointment only.
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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!