Pat McCollum Can Help You Purchase This Home

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123 Cutter Gap Rd, Townsend, 37882

Priced At: $625,000

Property Details for ID: 1314001

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SqFt: 1,520
Price SqFt: $411
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: Townsend
Middle / Junior School: Heritage
High School: Heritage

Building Description

Building Style: Cabin, Traditional
Type: Basement Ranch
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

Features: Balcony, Patio, Porch - Covered
Construction: Brick, Frame
Siding: Brick, Wood

  Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

  Room Dimensions

  Interior Features

Dining Area: Living RmDining Rm
Floors: Tile
Other Rooms: Basement Rec Room, Bedroom Main Level, Extra Storage, LaundryUtility, Mstr Bdrm Main Level
Misc Features: Internet Available, Pantry, Walk-in Shower, WasherDryer Connect, Whirlpool Tub

  Property Details

Acreages: 0.38
Lot Description: Rolling Slope, Wooded
View: Mountain View, Wooded

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, Exchange, VA Loan

  HOA Information

Restrictions: Yes
HOA: Mandatory
HOA Fee: 1100
HOA Freq: Yearly
HOA Contact: treasurer@laurelvalley.org

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 2
Fireplace Type(s): Brick, Wood Burning
Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Designated Parking, Off-Street Parking

  Community Features

Outbuildings


Presented By: / Keller Williams

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

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

( Departing today at 8:00am )


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Buying or Selling real estate should be fun and simple. With Pat McCollum, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!

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