For sale

$499,900

124 Cutter Gap Rd, Townsend, TN 37882

1beds

1,299sqft

$2,987/mo

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Single Family Residence

Built in 1995

0.37 Acres Lot

$-- Zestimate^®

$385/sqft

$92/mo HOA

What's special

Beautiful log cabinSwimming poolStacked stone woodburning fireplaceWarm cozy cabin experience

Here's your golden opportunity to own a beautiful log cabin in the desirable golf community of Laurel Valley. Home has been meticulously maintained and can be that perfect mountain getaway or a lucrative investment property. With bonus room plus the loft area, you'll have room for additional guests. In addition to an 18 hole golf course, Laurel Valley amenities include a swimming pool and clubhouse with a restaurant. Relax by the stacked stone woodburning fireplace and wrap yourself in the warm, cozy cabin experience. Minutes to the Great Smoky Mountain National Park and convenient to Maryville, the airport and Pigeon Forge. The rich furnishings can convey with an acceptable offer for a turn-key transaction.

58 days

215

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bonus Room

Heating

Central, Heat Pump, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Features

Cathedral Ceiling(s), Kitchen Island, Breakfast Bar, Eat-in Kitchen, Bonus Room
Flooring: Hardwood
Windows: Wood Frames, Insulated Windows, Drapes
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Stone, Wood Burning

Interior area

Total structure area: 1,299
Total interior livable area: 1,299 sqft

Property

Parking

Parking features: Off Street

Features

Has view: Yes
View description: Mountain(s), Country Setting, Trees/Woods

Lot

Size: 0.37 Acres
Features: Wooded, Near Golf Course, Irregular Lot, Rolling Slope

Details

Parcel number: 095K C 02900 000

Construction

Type & style

Home type: SingleFamily
Architectural style: Cabin,Log
Property subtype: Single Family Residence

Materials

Stone, Wood Siding, Log, Frame

Condition

Year built: 1995

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Security: Gated Community, Smoke Detector(s)
Subdivision: Fairlight/Laurel Valley

HOA

Has HOA: Yes
Amenities included: Golf Course, Security
Services included: Trash, Security, Some Amenities
HOA fee: $1,100 annually

Location

Region: Townsend

Financial & listing details

Price per square foot: $385/sqft
Tax assessed value: $293,200
Annual tax amount: $1,165
Date on market: 5/31/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/31/2026	Listed for sale	$499,900-4.8%$385/sqft
Source: East Tennessee Realtors #1342874 Report a problem
5/19/2026	Listing removed	$525,000$404/sqft
Source: East Tennessee Realtors #1320960 Report a problem
11/5/2025	Listed for sale	$525,000-9.5%$404/sqft
Source: East Tennessee Realtors #1320960 Report a problem
3/12/2007	Sold	$579,900$446/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,165	$73,300
2024	$1,165	$73,300
2023	$1,165 +1%	$73,300 +57%
2022	$1,153	$46,700
2021	$1,153	$46,700
2020	$1,153	$46,700
2019	$1,153 -0.3%	$46,700 -0.3%
2018	$1,157 +2%	$46,850
2017	$1,134	$46,850
2016	$1,134 +12.6%	$46,850
2015	$1,007	$46,850
2014	--	$46,850 -1.4%
2013	$1,022	$47,525
2012	$1,022 +0%	$47,525 +0%
2011	$1,022 +5.4%	$47,524
2010	$969	$47,524
2009	--	$47,524 +5.6%
2008	$1,004	$45,011
2007	$1,004 +2.3%	$45,011
2006	$981 -10.3%	$45,011
2005	$1,094 +48.8%	$45,011 +31.6%
2004	$735	$34,191
2002	$735	$34,191
2001	--	$34,191 -75%
2000	--	$136,765

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 37882

Getting around

1 / 100

Car-Dependent

1 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Townsend Elementary School
Grades: K-5Distance: 2.7 mi
6/10
Heritage Middle School
Grades: 6-8Distance: 6.8 mi
7/10
Heritage High School
Grades: 9-12Distance: 6.9 mi

Schools provided by the listing agent

Elementary: Townsend
Middle: Heritage
High: Heritage

Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.