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
- Full Bathrooms: 7
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Basement: No
- Flooring Type: Carpet, Hardwood, Tile
- Interior: Island in Kitchen, Pantry, Walk-In Closet(s)
- Fireplace: Brick, Wood Burning
- Total Bedroom Count: 7
- Attached Garage: No
- Parking: Off-Street Parking, Other
- View: Mountain(s), Trees/Woods
- Exterior: Windows - Vinyl, Patio, Porch - Covered, Deck
- Architectural Style: Cabin, Log
- Heating: Central, Heat Pump, Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $1,390,000
- Price/SqFt: $386
- Annual Tax Amount: $2,989
- Tax Year: 2023
- Lot: Wooded, Corner Lot, Irregular Lot
- Directions: Directions: Directions: From the Parkway (US-441) in Pigeon Forge, turn at Traffic Light #3 onto WEARS VALLEY RD. Drive approximately 11 miles to RIGHT on CAVE CREEK WAY in the BLACK BEAR HOLLOW resort. Follow through the gates. Cabin names are Bear Creek, Bear Cave and Bear Mountain
- Year Built: 2000
- Living Area: 3,600 SqFt
- Lot Size: 5.06 Acres
- 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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$1,390,000
116 Cave Creek Way
$10,000
closing credit¹
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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. The majority of Townsend, TN residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Ram
Cadillac
What do the neighbors listen to?
Classic Country- Country
Oldies
Frequently asked questions
About 116 Cave Creek Way
The listing price of 116 Cave Creek Way property is $1,390,000.
The property 116 Cave Creek Way is a house located in Townsend, Tennessee, 37882.
Active Listing: 116 Cave Creek Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116 Cave Creek Way are: Townsend Elementary School (GreatSchools Rating 5/10), Pigeon Forge Primary School (GreatSchools Rating 3/10), Walland Elementary School (GreatSchools Rating 5/10), Wearwood Elementary School (GreatSchools Rating 5/10), Pigeon Forge Intermediate School (GreatSchools Rating 4/10), Pigeon Forge Junior High School (GreatSchools Rating 4/10), Pigeon Forge High School (GreatSchools Rating 5/10), Heritage High School (GreatSchools Rating 6/10), Seymour High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $2,989 (source: MLS/based on county public records data).
The last sale was on June 7, 2021 for $1,180,000 (source: MLS/tax record).
The property at 116 Cave Creek Way has 7 bedrooms and 7 bathrooms.
The property 116 Cave Creek Way is 3,600 SqFt (source: MLS/tax record).
The year of construction for 116 Cave Creek Way is 2000.
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.
Over 1 listings were sold over their listed price in April 2025 in Townsend, TN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. Between March and April 2025, Townsend, TN real estate market has seen increase in the number of listings by 12.5%. While the average time on the market in April 2025 was 92 days, the median list price was $507,500.