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For sale
  • $975,000

    8229 E Lamar Alexander Pkwy, Townsend, TN 37882

    6beds
    4,300sqft
    : 
    $5,645/mo
    Get pre-qualified
    Single Family Residence
    Built in 1952
    0.7 Acres Lot
    $-- Zestimate®
    $227/sqft
    $-- HOA

    What's special

    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.
    23 days
    |
    946
    |
    40
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    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Howell 865-660-5096,

    Realty Executives Associates 865-983-0011,

    Amanda McGill 865-256-5852,

    Realty Executives Associates

    Source: East Tennessee Realtors,MLS#: 1346643MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bonus Room
      Heating
      • Forced Air, Heat Pump, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Zoned
      Appliances
      • Included: Range, Refrigerator
      Features
      • Eat-in Kitchen, Bonus Room
      • Flooring: Other, Hardwood, Vinyl
      • Basement: Walk-Out Access,Finished,Partially Finished,Other
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 4,300
      • Total interior livable area: 4,300 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off Street, Carport
      • Carport spaces: 1
      Features
      • Has view: Yes
      • View description: Mountain(s), Country Setting
      • Waterfront features: River, Waterfront
      Lot
      • Size: 0.7 Acres
      • Features: Wooded, Irregular Lot, Level
      Details
      • Parcel number: 097 088.00

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Shingle Siding, Brick, Frame, Other
      Condition
      • Year built: 1952

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public, Shared Well

      Community & HOA

      Location
      • Region: Townsend

      Financial & listing details

      • Price per square foot: $227/sqft
      • Date on market: 7/3/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Listed for sale$975,000-22%$227/sqft
        Source: East Tennessee Realtors #1346643 Report a problem
        4/19/2026Listing removed$1,250,000$291/sqft
        Source: East Tennessee Realtors #1319288 Report a problem
        12/18/2025Price change$1,250,000-16.7%$291/sqft
        Source: East Tennessee Realtors #1319288 Report a problem
        10/25/2025Listed for sale$1,500,000$349/sqft
        Source: East Tennessee Realtors #1319288 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        29 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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