460 Boat Gunnel Road, Townsend, Tennessee 37882

TN, Townsend
$2,945,000 $2,995,000
  • Active Status
  • 83 Dayz On Cribz Total Days
  • Residential Property Type
  • 20 Beds Total Bedrooms
  • 20 Baths Full + Half Bathrooms
  • 13121 Total Sqft $224/sqft
  • 20.86 Acres Lot/Land Size
  • 1980 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

Located in the heart of the Great Smoky Mountains in Townsend, fondly known as the ”Peaceful Side of the Smokies” this exceptional 20.86 acre resort presents a rare opportunity to own a proven, high performing short term rental portfolio in one of East Tennessee’s most desirable destinations.

Perched at approximately 1,500 feet in elevation, the property offers sweeping, panoramic mountain views and an unmatched sense of privacy and tranquility. Thoughtfully developed and meticulously maintained, the resort has quickly established itself as a top-tier income producing asset with a strong and consistent financial track record.

The numbers speak for themselves. Generating over $270,000 in its inaugural year (2022), increasing to $287,000 the following year, and reaching an impressive $363,000 in 2024, with $317,000 recorded in 2025. $222K already on the books for 2026!! Trending above 2025 revenue!! This growth underscores both the strength of the location and the property’s operational success.

The resort features a total of 8 fully furnished, turnkey cabins, including 5 traditional cabins and 3 treehouse style cabins. Each unit is designed to deliver a premium guest experience, complete with hot tubs, arcade games and fire pits.
Guests are immersed in nature with private hiking trails that wind throughout the property, creating a true mountain retreat experience while still being just minutes from top area attractions. Located only 2 minutes from Townsend’s popular bike greenway and river tubing access, and a short drive to Cades Cove, Gatlinburg, Pigeon Forge, and Sevierville, the location offers the perfect balance of seclusion and accessibility.

Originally undeveloped for nearly 15 years, the current owner has transformed this property into a thriving STR business with no restrictions, offering flexibility for self-management or the option to partner with a professional management company.

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 3304425
  • Price: $2,945,000
  • View: Mountain(s)
  • Half Bathrooms: 1
  • Full Bathrooms: 19
  • Square Footage: 13,121 Sqft
  • Year Built: 1980
  • Lot Area: 20.86 Acre
  • Office Name: eXp Realty
  • Agent Name: Kaitlin Glenn
  • Listing Status: Active
Location Info
  • Street Number: 460
  • Street: Boat Gunnel Road
  • City Townsend
  • State TN
  • Zipcode 37882
  • County Blount County, TN
  • Subdivision Other
  • Longitude: W84° 14' 10.6''
  • Latitude: N35° 39' 51.1''
  • Directions: From Maryville: Turn left onto US-321 N/E Lamar Alexander Pkwy. Turn right onto Old Tuckaleechee Rd. Turn left onto Boat Gunnel Rd
Features
  • Fireplace Electric
  • Fireplaces Total 5
  • Sewer Septic Tank
Additional Info
  • Water Source: Well
  • Building Size: 13,121 Sqft
  • Levels: One
  • On Market Date: July 23rd, 2026
  • Previous Price: $2,995,000
  • Stories: 1
Financial
  • Annual Tax Amount: $12,254
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Aug 19th, 2026 @ 7:34am
  • Status Change Timestamp: Mar 24th, 2026 @ 5:00am
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