116 Cave Creek Way Townsend, TN 37882
Property details
About 116 Cave Creek Way
Seller will carry a note on the property with 65% down at 6% interest with a balloon payment due at the end of 2 years. This private 5 acre estate features 3 separate cabins on one tax lot! Five total acres with a creek that runs by 2 of the Cabins. If you ever wanted your own private compound, here it is. Located just 5 min from Wears Valley and 10 min to Townsend, this wonderful one of a kind property is truly amazing! The 1st cabin, Black Bear Mountain features 4 bedrms, 4 baths. The 2nd cabin, Black Bear Creek, is a 2 bedrm, 2 bath cabin and the 3rd cabin, Black Bear Cave, is a 1 bedrm and 1 bath that is secluded, private and sits next to the creek. Only 20 min to Pigeon Forge and stop #3 on the Parkway. All cabins feature Hot Tubs & private views. Both 2020 & 2021 gross income were over $200K The 5 acres also includes a large Barn and shed. All 3 cabins have 4 year old HVACs. Seller just spent $30,000 on the well! One of a kind estate! Call for details!
Highlights
Summary
- MLS Number: 1275901
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Knox Realty
- Office Phone: (865) 357-8800
- Office Email: jeff.bendy@knoxhouses.com
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Last updated on: 3/10/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,390,000
116 Cave Creek Way
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 07, 2021 | Home Sold | $1,180,000 |
Sep 02, 2015 | Home Sold | $438,500 |
May 01, 2002 | Home Sold | $247,500 |
Jan 31, 1992 | Home Sold | $69,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $197,250 | $2,989 |
2022 | $121,000 | $2,989 |
2021 | $121,000 | $2,989 |
2020 | $121,000 | $2,989 |
History based on county public records data.
Nearby schools
5
Townsend Elementary School
Public District PK-5
4.4 mi
•140 Tiger Dr
3
Pigeon Forge Primary School
Public District PK-3
6.9 mi
•1766 Waldens Creek Rd
5
Walland Elementary School
Public District PK-5
7.5 mi
•247 E Millers Cove Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,818. Typical income of Townsend, TN residents is less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
Frequently asked questions
About 116 Cave Creek Way
This home is located at 116 Cave Creek Way in Townsend, TN and zip code 37882 in the Fawn Hollow neighborhood. This 3,600 square foot home, which was built in 2000, sits on a 5.06 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $1,390,000.
In February 2025, from all listings sold in Townsend, TN there were more than 0 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Townsend, TN increased by 10.4% between January and February 2025. In February 2025 median list price was $450,000 and the average listing age was 101 days.