Located in the highly desirable Laurel Valley community, this mountain cottage is a perfect primary or secondary home, as well overnight rental investment. Originally two lots that are now combined, you have the benefit of a beautifully wooded and landscaped garden providing additional privacy and outdoor space. Views of the Great Smoky Mountains National Park are your backdrop from the great room and covered deck, as well as the primary bedroom. The ensuite bathroom was fully remodeled in 2025. The spacious kitchen opens to the living room, which features new stainless-steel appliances, island, pantry, and new tiled backsplash. The lower level features a private entrance to a secondary suite with bathroom, private deck, as well as exit into the outdoor garden area. You will find this home has been immaculately and lovingly maintained. The Wild Laurel golf course is located just up the road which offers a beautiful 18 hole golf course, swimming pool, fitness center, and tavern, surrounded by spectacular views of the mountains and valley. The very reasonable HOA dues are $1,100 a year and maintain the roads and common areas. High speed Xfinity internet and cable and public utilities are available as well. Thirty minutes to the Knoxville Airport, forty-five to the University of Tennessee, five minutes from grocery store/post office/Little River, and restaurants.
Sold for $440,000
$440,000
132 Cutter Gap Rd, Townsend, TN 37882
2beds
1,248sqft
Single Family Residence
Built in 1996
0.67 Acres Lot
$443,700 Zestimate®
$353/sqft
$1,773 Estimated rent
Home value
$443,700
$408,000 - $479,000
$1,773/mo
Zestimate® history
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$3,667/mo
Est. payment
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$3,667/mo
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Private deckSpacious kitchenCovered deckNew tiled backsplashNew stainless-steel appliancesEnsuite bathroom
Zillow last checked:
Listing updated:
Listed by:
Chad Rochelle,
Parkside Realty Services
Bought with:
Nancy Hodge, 310357
eXp Realty, LLC
Source: East Tennessee Realtors,MLS#: 1306961
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room
Heating
- Central, Heat Pump, Propane, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Features
- Kitchen Island, Pantry, Bonus Room
- Flooring: Hardwood, Tile
- Windows: Insulated Windows
- Basement: Crawl Space,Finished,Bath/Stubbed
- Number of fireplaces: 1
- Fireplace features: Stone, Gas Log
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Property
Parking
- Parking features: Off Street, Main Level
Features
- Exterior features: Irrigation System
- Has view: Yes
- View description: Mountain(s), Country Setting, Trees/Woods
Lot
- Size: 0.67 Acres
- Dimensions: 148.41 x 230.04
- Features: Wooded, Near Golf Course, Rolling Slope
Details
- Parcel number: 095K C 026.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Cabin
- Property subtype: Single Family Residence
Materials
- Cedar, Block, Frame
Condition
- Year built: 1996
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, Recreation Facilities
- Services included: Insurance, Trash
- HOA fee: $1,100 annually
Location
- Region: Townsend
Financial & listing details
- Price per square foot: $353/sqft
- Tax assessed value: $261,000
- Annual tax amount: $1,037
- Date on market: 7/2/2025
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Sold | $440,000-8.1%$353/sqft |
Source:  East Tennessee Realtors #1306961 Report a problem | ||
| 11/8/2025 | Pending sale | $479,000$384/sqft |
Source: East Tennessee Realtors #1306961 Report a problem | ||
| 7/2/2025 | Listed for sale | $479,000+139.5%$384/sqft |
Source: East Tennessee Realtors #1306961 Report a problem | ||
| 8/30/2018 | Sold | $200,000-9%$160/sqft |
Source: Public Record Report a problem | ||
| 11/8/2017 | Listing removed | $219,900$176/sqft |
Source: CENTURY 21 Smoky Mountain Realty #1016129 Report a problem | ||
| 9/11/2017 | Listed for sale | $219,900+33.3%$176/sqft |
Source: CENTURY 21 Smoky Mountain Realty #1016129 Report a problem | ||
| 6/16/2006 | Sold | $165,000+15.8%$132/sqft |
Source: Public Record Report a problem | ||
| 10/4/2004 | Sold | $142,500+61.9%$114/sqft |
Source: Public Record Report a problem | ||
| 9/13/1996 | Sold | $88,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,037 | $65,250 |
| 2024 | $1,037 | $65,250 |
| 2023 | $1,037 -11.2% | $65,250 +37.9% |
| 2022 | $1,168 | $47,300 |
| 2021 | $1,168 | $47,300 |
| 2020 | $1,168 | $47,300 |
| 2019 | $1,168 -12.5% | $47,300 -12.5% |
| 2018 | $1,336 +2% | $54,075 |
| 2017 | $1,309 | $54,075 |
| 2016 | $1,309 +12.6% | $54,075 |
| 2015 | $1,163 | $54,075 |
| 2014 | -- | $54,075 -4.7% |
| 2013 | $1,220 | $56,750 |
| 2012 | $1,220 +23.1% | $56,750 +23.1% |
| 2011 | $991 +5.4% | $46,114 |
| 2010 | $941 | $46,114 |
| 2009 | -- | $46,114 +36.5% |
| 2008 | $753 | $33,774 |
| 2007 | $753 +2.3% | $33,774 |
| 2006 | $736 -10.3% | $33,774 |
| 2005 | $821 +49.8% | $33,774 +32.5% |
| 2004 | $548 | $25,483 |
| 2002 | $548 | $25,483 |
| 2001 | -- | $25,483 -75% |
| 2000 | -- | $101,930 |
Find assessor info on the county website
Neighborhood: 37882
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Townsend Elementary SchoolGrades: K-5Distance: 2.7 mi
- 6/10Heritage Middle SchoolGrades: 6-8Distance: 6.8 mi
- 7/10Heritage High SchoolGrades: 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.
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- Tennessee
- Blount County
- Townsend
- 37882
- 132 Cutter Gap Rd
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