Townsend, TN 37882,109 Cutter Gap Rd
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Townsend, TN 37882,109 Cutter Gap Rd
Townsend, TN 37882,109 Cutter Gap Rd
Townsend, TN 37882,109 Cutter Gap Rd
Townsend, TN 37882,109 Cutter Gap Rd

$495,000

Est. payment /mo

$514,900

3.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

109 Cutter Gap Rd Townsend, TN 37882

1 Bed

2 Baths

1,248 SqFt

SOLD DATE : 05/09/2024

Key Details

Sold Price $495,000

Property Type Single Family Home

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Square Footage 1,248 sqft

Price per Sqft $396

Subdivision Fairlight

MLS Listing ID 1254600

Style Cottage,Cabin

Bedrooms 1

Full Baths 2

HOA Fees $91/ann

Year Built 1997

Lot Size 0.390 Acres

Property Description

*2 bedroom layout*plus Loft
*2 full baths*
Looking for a getaway in the Great Smoky Mountains - the #1 visited National Park in the US? Always dreamed of owning a cabin in the woods? Looking for a way to have an income producing property?
Check out this Townsend, TN home tucked in the almost 1,400 acre MOUNTAIN & gated community of Laurel Valley. This beautifully decorated and located CABIN is waiting for you to make it your *Primary Residence, Vacation Home, or INCOME PRODUCING Short Term Rental* on the ''Quiet Side of the Smokies.''

Owner updates include:
- bathroom remodel including large walk-in shower
- addition of hot tub - including necessary plumbing and electrical updates
- updating the walk-in crawl space to include full size washer and dryer (this is in addition to the stacked unit within the home) *update allows for more efficient TURNS when preparing for guests*
- addition of 2nd hot water heater to supply hot tub

There is a small stream at the lower end of the property.

Note this is a 2 bedroom layout with a septic rated for 1 bedroom.

Note that this property is operating as a Short Term Rental. It is actively listed on VRBO and AirBNB - allowing the owners to benefit from the investment opportunity this community allows. Any and all showings will need to be scheduled around guests.

Not wanting to operate a STR - no problem. Turn it into your Primary Residence.

Want to explore the world of STR? Keep reading...

This is a turn key operation - pending new listing profiles setup by new owners or owner property management company on STR platforms. It is intended to be sold turn-key (all furniture, linens, and appliances).

Seller has a rental management company lined up for new owner to interview and transition all existing future bookings to. Management for 90 days with acceptable offer offered through https://www.bearycozycabinrentals.com/ after 90 days new owner can opt for a plan through this company, take over management and create their own online STR profiles, or move to the management company of their choosing which will also require creating new STR profiles.

For insight on this rental go here for more info on the current AirBnb listing--

https://air.tl/atOKLOcR


Laurel Valley HOA info can be found here --
https://www.laurelvalley.org/


Wild Laurel (golf course, swimming pool, workout facility, restaurant and bar info located here, including membership fees. Note - Wild Laurel is located within the Laurel Valley Community but is independently owned and operated. A separate membership is required outside of Laurel Valley HOA. --

https://www.wildlaurel.us/


Buyer and Buyer's Agent should verify any and all information. Documentation supporting Gross Revenue will be shared with verified buyers agents. Gross Revenue includes cleaning fee for each stay of $167.

Location

State TN

County Blount County - 28

Area 0.39

Rooms

Other Rooms Bedroom Main Level, Great Room, Mstr Bedroom Main Level

Interior

Heating Central, Forced Air, Other, Electric

Cooling Other

Flooring Laminate, Hardwood, Tile, Other

Fireplaces Number 1

Fireplaces Type Stone, Wood Burning

Exterior

Exterior Feature Windows - Storm, Porch - Covered, Deck

Garage Designated Parking, Off-Street Parking

Garage Description Off-Street Parking, Designated Parking

Pool true

Amenities Available Clubhouse, Golf Course, Recreation Facilities, Pool

View Wooded

Building

Lot Description Creek, Wooded, Golf Community, Rolling Slope

Sewer Septic Tank

Water Public

Structure Type Wood Siding,Block,Log

Schools

Middle Schools Heritage

High Schools Heritage

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Listed by Realty Executives Associates

Billy McDevitt

Agent | License ID: 368659

+1(865) 360-8655

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