460 Boat Gunnel Road

Townsend, TN
$ 2,745,000 Beds 20 Baths 19.5 Sq 13,121
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,745,000
  • City
  • Townsend
  • Bedrooms
  • 20
  • Full Bathrooms
  • 19
  • County
  • BLOUNT
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 20.86 Acres
  • Zip
  • 37882
  • Sqr Footage
  • 13,121
  • Year Built
  • 1980
  • Taxes
  • $ 12254
  • Style
  • MLS#
  • 3304425
Listed By: eXp Realty;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 13121
Sewer Septic Tank
Year Built 1980
View Mountain(s)
Stories Count 1
Levels One
Gross Income 316690
County Blount County,TN
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Other
Full Baths 19
Status Active
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
City Townsend
Senior Community Y/N No
Lot Size Units Acres
Tax Annual Amount 12254
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 15

Interior Features

Total Fireplaces 5
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N Yes
Above Grade Finished Area 13121
Half Baths 1
Total Bedrooms 20
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Agent Measured
Below Grade Finished Area Source Agent Measured
Above Grade Finished Area Source Agent Measured
Above Grade Finished Area Unit Type Square Feet
Total Baths 20

Exterior Features

Water Source Well
Lot Size Area 20.86
Building Area Total 13121
Lot Size Acres 20.86
Lot Size Source Assessor
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lewisburg, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/23/2026 Listed $2,945,000
9/10/2026 7% - $2,745,000

Property vs Zip Code Average in 37882

Price
AVG $800K
$2.75M
Taxes
AVG $2,061
$12,254
Year Built
AVG 1993
1980
Visits
AVG 4
5
Data Provided by Inside Real Estate®

Areas That We Cover

460 Boat Gunnel Road Townsend, TN is a Single Family Home for sale at $2745000 with 13121 sqft and a lot size of 20.86 Acres Acre(s). 460 Boat Gunnel Road Townsend has 20 bedrooms, 19 baths and was built in 1980. The property's zip code is 37882 which is in Townsend, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Rachel Caffey

Rachel Caffey

931-277-4760

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