Looking For Investments?
Your time is valuable. Let me do the leg work for you.
Need To Spread Out?
I can help you find the land that you have always dreamed of.
Need A Yard To Lay In?
East Tennessee offers homes with some wonderful yards made for children.
BJ Can Help You Purchase This Home
Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!
123 Cutter Gap Rd, Townsend, 37882
Priced At: $615,000
Property Details for ID: 1332901
SqFt: 1,520
Price SqFt: $405
Total Bedrooms: 2
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-03-16T18:57:26Z
Subdivision: Fairlight
Public Remarks: Welcome to your perfect mountain getaway in the heart of Townsend, also known as the ''Peaceful Side of the Smokies.'' This beautifully renovated property offers the ideal blend of personal retreat and short-term rental investment. Originally purchased as a second home, the current owner completed a full renovation with no detail overlooked, incorporating high-end finishes and thoughtful design throughout the property. The result is a warm, inviting space that feels both elevated and comfortable. One of the standout features of the home is the stunning exposed brick fireplaces on both the upper and lower levels, adding timeless character and cozy ambiance year-round. The smart two-level layout includes a bedroom and full bathroom on each floor, offering excellent separation and privacy for guests or rental groups. With the addition of sleeper sofas, the home comfortably accommodates up to eight guests, making it a fantastic option for family vacations, friend groups, or rental income potential. The property is being sold fully furnished, with only a few personal décor items excluded, allowing for a seamless and truly turnkey experience. Whether you plan to enjoy it as your own mountain escape or begin generating rental income right away, everything is already in place. Located in one of the few areas of Townsend that allows short-term rentals, the location is exceptional. You're just minutes from scenic hiking trails, the Little River, local restaurants and shops, and easy access to the Great Smoky Mountains National Park. If you've been searching for a charming Smoky Mountain retreat with strong STR potential in a peaceful setting, this property offers the perfect combination of location, quality, and investment opportunity.
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
Near By Properties (click flag to view)
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 BJ Swinehart
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!