18 days on rocket

1109 Dry Valley Rd, Townsend, TN, 37882

$700,000

Home List Price

$8,313*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
2,200 SqFt
$318/SqFt
House

Location

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1109 Dry Valley Rd, Townsend$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff-Street Parking
Year Built2023
HeatingHeat Pump, Electric
CoolingCentral Air
FireplaceNone
ViewMountain(s), Trees/Woods
MLS #1284045
Lot Size0.81 Acres
StatusActive

About 1109 Dry Valley Rd

Exceptional Investment Opportunity! Sitting on a generous 0.81-acre lot, this newly constructed cabin is the perfect blend of rustic charm and comfort. This property is a perfect investment property in the short term rental space, or would make a cozy vacation home, as it sleeps 10-12 guests, making it an ideal retreat for large groups or families. With a projected rental income exceeding $75,000 annually, this cabin offers both a relaxing escape and a lucrative investment opportunity. The cabin's interior features luxury vinyl plank flooring for durability and easy maintenance, complemented by warm wood finishes that deliver an authentic cabin ambiance. The open-concept design and gorgeous exposed beams create an inviting space to gather, while the large kitchen and spacious dining area make entertaining a breeze. This cabin provides both entertainment and relaxation. Guests can enjoy indoor fun with the game tables or unwind in the private jacuzzi after a day of exploring. For a truly indulgent experience, the luxurious soaking tub offers the perfect retreat. Located just minutes from Townsend's charming shops, restaurants, breweries, fishing, and tubing, the property also provides convenient access to outdoor adventures. Nature lovers will appreciate being only 20 miles from the breathtaking beauty of Cades Cove, while the vibrant offerings of downtown Maryville are less than 20 miles away Whether you're looking to add a high-performing asset to your portfolio or secure your dream vacation home in the mountains, this property checks all the boxes. Schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 2023
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Home and Farms Realty
  • Office Phone: (731) 803-0671

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s), Trees/Woods
  • Exterior: Windows - Insulated, Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking

Lot Features

Lot Information:

  • Lot: Wooded, Irregular Lot
  • Lot Size: 0.81 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 321, turn R on E Old Tuckaleechee Rd 0.6 mi turn L to stay on Old Tuckaleechee Rd 0.7 mi slight R onto Old Cades Cove Rd 1.8 mi sharp left onto Dry Valley Rd 0. mi home is on R, SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $318/SqFt
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Housing Market Comparison

See how this home compares to others in Townsend, TN.

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Townsend, TN

City

Med. Sold Price

$447K

Med. Price/SqFt

$305

Avg. Days On Market

130

# of Sold Homes

5

1109 Dry Valley Rd vs Townsend

18 DAYS ON ROCKET

-112 Days

$700,000

+$253K More

$318/SqFt

+$13 More

KEY TAKEAWAY

This property is $253K more than the Median Sold Price and $13/SqFt more than other homes in Townsend, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1284045

Listing Office:

  • Office Name: Home and Farms Realty
  • Office Phone: (731) 803-0671

IDX 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 © 2024 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: 12/21/2024, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,561

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-823442
5
/10

  • Townsend Elementary School

  • 140 Tiger Dr

  • 2.73 miles

  • Public District Grades PK-5

school-card-donut-823443
5
/10

  • Walland Elementary School

  • 247 E Millers Cove Rd

  • 5.44 miles

  • Public District Grades PK-5

school-card-donut-823444
8
/10

  • Montvale Elementary School

  • 3128 Montvale Rd

  • 9.96 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,000. The most common annual income of people living in Townsend, TN is between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1109 Dry Valley Rd

What is the listing price of this property?

The listing price of 1109 Dry Valley Rd property is $700,000.

What type of property is this?

The property 1109 Dry Valley Rd is a house located in Townsend, Tennessee, 37882.

Is this property for sale now?

Active Listing: 1109 Dry Valley Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1109 Dry Valley Rd has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1109 Dry Valley Rd is 2,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1109 Dry Valley Rd is 2023.

Rocket Homes›Tennessee›Blount County›Townsend›37882›1109 Dry Valley Rd

This home is located at 1109 Dry Valley Rd in Townsend, TN and zip code 37882. This 2,200 square foot home, which was built in 2023, sits on a 0.81 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $700,000.

While more than 0 listings in Townsend, TN in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in Townsend, TN between October 2024 and November 2024 decreased by 2%. Listings spent 130 days on the market in November 2024, and had a median list price of $447,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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