Townsend Real Estate Search

Townsend 6+ Bathrooms for Sale

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Newest Townsend 6+ Bathrooms Properties for Sale

$3,495,000
20 Beds 19 Baths 267860 MLS ACTIVE Status
Nestled within the enchanting embrace of the Great Smoky Mountains; Townsend, the Peaceful Side of the Smokies. This exclusive resort offers a haven of tranquility spanning a vast expanse of 20.86 acres. With altitudes at 1,500 feet, guests are treated to truly majestic views that unfold across the breathtaking landscape. Boasting a financially successful track record, this property has quickly become a highly lucrative investment, primarily through its thriving short-term rental (STR) business. The resort's impressive rental income figures tell a compelling story—generating over $270,000 in its inaugural year of operation in 2022 and surpassing that with a fully booked second year in 2023, with earnings reaching $287,000. Projections for 2024 indicate a continued upward trajectory. Resort features a total of 8 cabins, including 5 traditional cabins and 3 treehouse cabins, each authentically and fully turnkey furnished. With a total of 56 sleeping accommodations comprising 15 bedrooms and 15.5 bathrooms, every cabin is meticulously maintained and lavishly equipped to ensure a comfortable and unforgettable experience for guests. Beyond the luxurious accommodations, guests can immerse themselves in the serenity of hiking trails that meander through the expansive property to connect with nature. Originally vacant for nearly 15 years, the current owner has quickly transformed this property into a flourishing STR business with no restrictions or limitations. You have flexibility to self-manage the property and set personalized rates or opt for a preferred property management company to oversee operations. Strategically positioned just 2 minutes away from Townsend's bike greenway and river-tubing hub, the resort enjoys a centralized location within proximity to esteemed attractions, including Cades Cove, Gatlinburg, Pigeon Forge, and Sevierville. Extensive updates, such as the installation of arcade games, hot tubs, plumbing infrastructure, HVAC units, and fire pits, have been thoughtfully completed across all 8 cabins. While the existing 8 cabins are flourishing, there's untapped potential for revenue growth on the property. The 360 Lodge, the 9th cabin, holds potential annual revenues ranging from $185,000 to $225,000. Additionally, a pavilion with its separate septic system and water well offers the potential to be converted into a 1-2 bedroom rental, yielding expected revenues of $35,000 to $55,000. A small barn also holds promise as a remarkable event venue, estimated to generate revenues of $120,000. Prospective buyers are encouraged to coordinate with the listing agent or be represented by a real estate agent before visiting the property, given its consistently booked status. This represents an extraordinary opportunity to own a slice of Great Smoky Mountain paradise, complete with a thriving STR business and boundless potential for growth and expansion.

460 Boat Gunnel Road, Townsend

$1,799,000
7 Beds 7 Baths 4,000 SqFt. 1248812 MLS ACTIVE Status
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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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2024 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .