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8229 E Lamar Alexander Parkway Pkwy, Townsend
$975,000
6 Beds ⋅ 4 Baths ⋅ 1346643 MLS
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.

8229 E Lamar Alexander Parkway Pkwy, Townsend
985 Old Cades Cove Rd, Townsend
$1,299,000
7 Beds ⋅ 7 Baths ⋅ 1337666 MLS
No deferred maintenance or DIY project necessary on this completely renovated five bedroom five bath lodge that sleeps up to 16 and separate guest house with two bedrooms and a loft that sleeps 6, located 1500 feet from the Rich Mountain Rd exit out of Cades Cove and the trailheads for Ace Gap and Rich Mountain hiking trails. Situated on 7.22 acres of private woodland, this property offers spectacular mountain views, convenient seclusion, and the opportunity to build additional structures, already having underground electric and water in place. Both existing homes offer every desired amenity including theater, pool tables, hot tubs, fire rings, stainless steel appliances, new bedding, fully equipped kitchens, high end grills, new roofs, and main lodge offers an elevator and garage. This could be a family legacy property, offering the ability to live in one home, while renting or leasing the others, or maximize rental income on all and enjoy when not rented. This is a truly magical location that feels as though you are in Cades Cove, yet less than five minutes from Tuckaleechee Caverns, IGA Grocery Store, Vee Hollow Mountain Bike Trails, the Little River, shops and restaurants in the City of Townsend, and less than thirty minutes from Pigeon Forge, Knoxville Airport, Maryville, hospitals, and under 45 minutes from the University of Tennessee, Knoxville, and Gatlinburg.

985 Old Cades Cove Rd, Townsend

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