$514,900 Price Analysis 109 Cutter Gap RdTownsend, TN 37882 1 bed 2 bath 1,248 SqFt ($412/SqFt) 0.39 acre lot. Built 1997 Listed 2024-03-04, HOA $92, Taxes $1,089 | ✓ USDA Eligible near Townsend, TN |
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 and 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 effcient 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 opera tion - 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 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-- Laurel Valley HOA info can be found here -- 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. -- 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.
Presented by Dena Miller at
Realty Executives Associates.
Property MLS #1254600 from EastTennessee
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $44,100 | $1,089 |
2021 | $unknown + $unknown $44,100 | $1,089 |
2020 | $unknown + $unknown $44,100 | $1,089 |
2019 | $unknown + $unknown $44,100 | $1,089 |
2018 | $unknown + $unknown $44,125 | $1,090 |
2017 | $unknown + $unknown $44,125 | $1,090 |
2016 | $unknown + $unknown $44,125 | $1,090 |
2015 | $unknown + $unknown $44,125 | $1,090 |
2014 | $unknown + $unknown $45,750 | $984 |
2013 | $unknown + $unknown $45,750 | $984 |
2012 | $unknown + $unknown $45,750 | $984 |
2011 | $unknown + $unknown $45,750 | $984 |
2010 | $unknown + $unknown $45,750 | $933 |
2009 | $unknown + $unknown $43,225 | $964 |
2008 | $unknown + $unknown $43,225 | $964 |
2007 | $unknown + $unknown $43,225 | $964 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.