$496,400
- 1 Bed
- 2 Baths
- 1,248 sqft (on 0.39 acres)
109 Cutter Gap Rd, Townsend, TN 37882
Est. Refi. Payment $2,895/mo*
Refinance Your HomeCurrently Off Market - Sold May 9, 2024 for $495,000
Home Value
Trulia Estimate
$496KSince last month
Decreased$13K (-2.6%)Since last year
Decreased$12K (-2.4%)Since last sale
Decreased$17K (-3.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +162% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $478K |
| August 2026 | $496K |
| July 2026 | $491K |
| June 2026 | $490K |
| May 2026 | $488K |
| April 2026 | $482K |
| March 2026 | $482K |
| February 2026 | $471K |
| January 2026 | $463K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $437,500 | 08/28/26 | 2 | 3 | 1,395 | |
0.09 | Single-Family Home | $440,000 | 12/08/25 | 2 | 2.5 | 1,248 | |
0.67 | Single-Family Home | $549,000 | 05/01/26 | 1 | 2 | 1,316 | |
0.22 | Single-Family Home | $615,000 | 05/21/26 | 2 | 3 | 2,096 | |
0.28 | Single-Family Home | $497,500 | 11/21/25 | 3 | 2.5 | 1,615 | |
0.30 | Single-Family Home | $350,000 | 12/12/25 | 2 | 2 | 1,160 | |
0.71 | Single-Family Home | $445,000 | 12/23/25 | 2 | 2 | 1,361 | |
0.86 | Single-Family Home | $400,000 | 05/29/26 | 1 | 2 | 1,452 | |
0.76 | Single-Family Home | $359,900 | 09/30/25 | 2 | 2 | 1,136 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | - | - | - | - | Off Market | |
0.04 | $499,900 | 2 | 2 | 1,299 | For Sale | |
0.04 | $375,000 | 1 | 2 | 1,254 | For Sale | |
0.06 | $582,800 | 2 | 2 | 1,920 | Off Market | |
0.06 | $437,500 | 2 | 3 | 1,395 | Recently Sold | |
0.06 | $514,900 | 1 | 2 | 1,622 | For Sale | |
0.09 | $440,000 | 2 | 2.5 | 1,248 | Recently Sold | |
0.10 | - | - | - | - | Off Market | |
0.10 | - | - | - | - | Off Market | |
0.11 | - | - | - | - | Off Market | |
0.11 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1997
0.39 acre lot
1,248 sqft
$398/sqft
HOA $92/mo
About this House
*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.
109 Cutter Gap Rd, Townsend, TN 37882 is a 1 bedroom, 2 bathroom, 1,248 sqft single-family home built in 1997. It last sold for $495,000 on May 9, 2024 (4% below the $514,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $496,400, with a rent estimate of $1,667/month.
Last check for updates: about 12 hours ago
Listed by Dena Miller
Realty Executives Associates
Bought with: Dena Miller, Realty Executives Associates
Source: RealTracs MLS as distributed by MLS GRID, MLS#2873406

Home Details for 109 Cutter Gap Rd
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MLS Status: Closed |
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Interior Details Basement: Crawl SpaceNumber of Rooms: 1Types of Rooms: Bedroom 1 |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1248 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Dryer, Microwave, Refrigerator, WasherDishwasherDryerLaundry: Washer Hookup,Electric Dryer HookupMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Central,Electric,OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Central |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Windows, Doors, Floors & Walls Flooring: Wood, Laminate, Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: Three Or MoreFloors: Wood, Laminate, Tile |
View No View |
Security Security: Security Gate, Smoke Detector(s) |
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Exterior Home Features Patio / Porch: DeckNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached Garage |
Pool Pool: Association |
Frontage Waterfront: CreekNot on Waterfront |
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Year Built Year Built: 1997 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Cottage |
Building Construction Materials: Log, OtherNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 095K B 02400 000 |
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Price List Price: $514,900 |
Status Change & Dates Off Market Date: Fri May 10 2024Possession Timing: Close Of Escrow |
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Direction & Address City: TownsendCommunity: Fairlight |
School Information Elementary School: Townsend ElementaryJr High / Middle School: Heritage Middle SchoolHigh School: Heritage High School |
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Building Area Building Area: 1248 Square Feet |
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Not Senior Community |
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HOA Fee Includes: TrashHas an HOAHOA Fee: $1,100/Annually |
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Lot Area: 0.39 acres |
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Special Conditions: Standard |
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Mls Number: 2873406 |
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HOA Amenities: Clubhouse,Golf Course,Pool,Gated |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 9, 2024 Source: RealTracs MLS as distributed by MLS GRID #2873406 | Sold | $495,000 |
Apr 24, 2024 Source: East Tennessee Realtors #1254600 | Pending | $514,900 |
Mar 4, 2024 Source: East Tennessee Realtors #1254600 | Listed For Sale | $514,900 |
May 3, 2021 Source: N/A | Sold | $318,000 |
Mar 7, 2021 Source: N/A | Pending | $315,000 |
Feb 27, 2021 Source: N/A | Listed For Sale | $315,000 |
Aug 20, 1996 Source: N/A | Sold | $15,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,747 | $274,700 |
Home facts updated by county records
Market trends in Townsend
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
100
2MoM
Around this home
What Locals Say about Townsend
At least 8 Trulia users voted on each feature.
89 % Say parking is easy
81 % Say there's holiday spirit
80 % Say it's dog friendly
79 % Say car is needed
78 % Say there's wildlife
75 % Say yards are well-kept
75 % Say it's quiet
71 % Say people would walk alone at night
66 % Say neighbors are friendly
64 % Say they plan to stay for at least 5 years
53 % Say kids play outside
50 % Say it's walkable to restaurants
47 % Say it's walkable to grocery stores
41 % Say there are community events
33 % Say streets are well-lit
17 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-15 23:33:25 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
Frequently asked questions about 109 Cutter Gap Rd
- What is 109 Cutter Gap Rd estimated to be worth?Trulia's estimated value for 109 Cutter Gap Rd in Townsend, TN is $496,400.
- What is the price history for 109 Cutter Gap Rd?109 Cutter Gap Rd in Townsend, TN last sold for $495,000 in May 2024.
- Is Townsend a buyer's or seller's market?Townsend is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Townsend?Residents describe Townsend, TN as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Townsend, TN.
- Does 109 Cutter Gap Rd have air conditioning?Yes, 109 Cutter Gap Rd in Townsend, TN has air conditioning.
- Does 109 Cutter Gap Rd have a pool?Yes, 109 Cutter Gap Rd in Townsend, TN has a pool.

