#1303929, Listing office: Compass Tennessee, LLC
$479,000 List price
132 Cutter Gap Rd Townsend, TN 37882
2 beds
2 full, 1 partial
1,248 sqft
0.7 acres
$384 / sqft
House
Property details
About 132 Cutter Gap Rd
Located in the highly desirable Laurel Valley community, this mountain cottage is a perfect primary or secondary home, as well overnight rental investment. Originally two lots that are now combined, you have the benefit of a beautifully wooded and landscaped garden providing additional privacy and outdoor space. Views of the Great Smoky Mountains National Park are your backdrop from the great room and covered deck, as well as the primary bedroom. The ensuite bathroom was fully remodeled in 2025. The spacious kitchen opens to the living room, which features new stainless-steel appliances, island, pantry, and new tiled backsplash. The lower level features a private entrance to a secondary suite with bathroom, private deck, as well as exit into the outdoor garden area. You will find this home has been immaculately and lovingly maintained. The Wild Laurel golf course is located just up the road which offers a beautiful 18 hole golf course, swimming pool, fitness center, and tavern, surrounded by spectacular views of the mountains and valley. The very reasonable HOA dues are $1,100 a year and maintain the roads and common areas. High speed Xfinity internet and cable and public utilities are available as well. Thirty minutes to the Knoxville Airport, forty-five to the University of Tennessee, five minutes from grocery store/post office/Little River, and restaurants.
Highlights
Home typeSingle Family Residence
HeatingCentral, Heat Pump, Propane, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,248 sqft
BasementYes
Lot size0.67 Acres
Year built1996
ParkingOff-Street Parking, Main Level
MLS #1306961
FireplaceStone, Gas Log
ViewMountain(s), Trees/Woods
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Basement: Yes
- Flooring Type: Hardwood, Tile
- Interior: Kitchen Island, Pantry
- Fireplace: Stone, Gas Log
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Off-Street Parking, Main Level
- View: Mountain(s), Trees/Woods
- Exterior: Irrigation System
- Architectural Style: Cottage, Cabin
- Heating: Central, Heat Pump, Propane, Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $479,000
- Price/SqFt: $383
- HOA Amount: $1100 Annually
- Annual Tax Amount: $1,168
- Tax Year: 2023
- Lot: Wooded, Near Golf Course, Rolling/Hilly
- Directions: Traveling from Maryville on Hwy 321, turn right onto Old Tuckaleechee Road at the white Methodist church and Tuckaleechee Caverns billboard, then go 1.7 miles until you see the sign ''Wild Laurel Golf Course'', turn left at the sign onto Laurel Valley Road, and go 0.8 miles, then continue straight onto Country Club Drive after passing the Guard Shack, and go 394 ft. turn right onto Cutter Gap Road and go 0.2 miles, the home will be on the right.
- Year Built: 1996
- Living Area: 1,248 SqFt
- Lot Size: 0.67 Acres
- MLS Number: 1306961
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Parkside Realty Services
- Office Phone: (865) 448-1720
- Office Email: crochelle@comcast.net
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/27/2025, 5:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 30, 2018 | Home Sold | $200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $65,250 | $1,168 |
| 2022 | $47,300 | $1,168 |
| 2021 | $47,300 | $1,168 |
| 2020 | $47,300 | $1,168 |
| 2019 | $47,300 | $1,336 |
| 2018 | $54,075 | $1,336 |
| 2017 | $54,075 | $1,336 |
History based on county public records data.
Nearby schools
5
Townsend Elementary School
Public District PK-5
2.7 mi
•140 Tiger Dr
5
Walland Elementary School
Public District PK-5
3.8 mi
•247 E Millers Cove Rd
8
Montvale Elementary School
Public District PK-5
9.3 mi
•3128 Montvale 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 $47,000. Most Townsend, TN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
44%
35k-100k
7%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
5%
Single, with Kids
45%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
50%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dollar General
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Applebees
Hardee's
What do the neighbors drive?
Cadillac
Ram
Subaru
What do the neighbors listen to?
News/Talk/Information
Classic Country
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
#1279353, Listing office: eXp Realty, LLC
#2922160, Nancy Hodge, Listing office: eXp Realty
#1276564, Listing office: Parkside Realty Services
#1282651, Listing office: Blevins Grp, Realty Executives
#1297432, Listing office: Why The Smokies, LLC
#1292888, Listing office: Compass Tennessee, LLC
#1302038, Listing office: LeConte Realty, LLC
#705863, David Chile, Listing office: Weichert, REALTORS - Tiger Real Estate
#303957, Listing office: Weichert, REALTORS - Tiger Rea
Frequently asked questions
About 132 Cutter Gap Rd
The listing price of 132 Cutter Gap Rd property is $479,000.
The property 132 Cutter Gap Rd is a house located in Townsend, Tennessee, 37882.
Active Listing: 132 Cutter Gap Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 132 Cutter Gap Rd are: Townsend Elementary School (GreatSchools Rating 5/10), Walland Elementary School (GreatSchools Rating 5/10), Montvale Elementary School (GreatSchools Rating 8/10), Heritage Middle School (GreatSchools Rating 5/10), Wearwood Elementary School (GreatSchools Rating 5/10), Coulter Grove Intermediate School (GreatSchools Rating 8/10), Heritage High School (GreatSchools Rating 6/10), Maryville Junior High School (GreatSchools Rating 6/10), Samuel Everett School of Innovation (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $1,168 (source: MLS/based on county public records data).
The last sale was on August 30, 2018 for $200,000 (source: MLS/tax record).
The property at 132 Cutter Gap Rd has 2 bedrooms and 2 full and 1 half bathrooms.
The property 132 Cutter Gap Rd is 1,248 SqFt (source: MLS/tax record).
The year of construction for 132 Cutter Gap Rd is 1996.
This home is located at 132 Cutter Gap Rd in Townsend, TN and zip code 37882 in the Fairlight neighborhood. This 1,248 square foot home, which was built in 1996, sits on a 0.67 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $479,000.
Over 0 listings were sold over their listed price in June 2025 in Townsend, TN. In the same period over 10 listings were sold below the listed price and 0 listings were sold for the listed price. In June 2025 in Townsend, TN there were 6.5% more homes for sale than in May. Listings spent 158 days on the market in June 2025, and had a median list price of $500,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.