3 months on rocket

116 Cave Creek Way, Townsend, TN, 37882

$1,390,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
7 Full Baths
3,600 SqFt
$386/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

116 Cave Creek Way, Townsend$1,390,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingOff-Street Parking, Other
Year Built2000
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceBrick, Wood Burning
ViewMountain(s), Trees/Woods
MLS #1275901
Lot Size5.06 Acres
StatusActive

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Log
  • Year Built: 2000
  • Living Area: 3,600 SqFt

Listing Office:

  • Office Name: Knox Realty
  • Office Phone: (865) 357-8800

Interior Features

Interior Information:

  • 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

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

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

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Wooded, Corner Lot, Irregular Lot
  • Lot Size: 5.06 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,390,000
  • Price Per SqFt: $386/SqFt

Tax Information:

  • Annual Amount: $2,989
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Townsend, TN

City

Med. Sold Price

$447K

Med. Price/SqFt

$305

Avg. Days On Market

130

# of Sold Homes

5

116 Cave Creek Way vs Townsend

95 DAYS ON ROCKET

-35 Days

$1,390,000

+$943K More

$386/SqFt

+$81 More

KEY TAKEAWAY

This property is $943K more than the Median Sold Price and $81/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: #1275901

Listing Office:

  • Office Name: Knox Realty
  • Office Phone: (865) 357-8800

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: 12/22/2024, 10:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 07, 2021Home Sold
$1,180,000
Sep 02, 2015Home Sold
$438,500
May 01, 2002Home Sold
$247,500
Jan 31, 1992Home Sold
$69,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,989$121,000
2019$2,863$121,000
2018$2,863$115,900
2017$2,863$115,900

History based on county public records data.

Payment Calculator

$7,005

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,234

Powered By

Rocket Mortgage

Advertisement

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-945978
5
/10

  • Townsend Elementary School

  • 140 Tiger Dr

  • 4.42 miles

  • Public District Grades PK-5

school-card-donut-945979
3
/10

  • Pigeon Forge Primary School

  • 1766 Waldens Creek Rd

  • 6.87 miles

  • Public District Grades PK-3

school-card-donut-945980
5
/10

  • Walland Elementary School

  • 247 E Millers Cove Rd

  • 7.48 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 $41,818. The majority of Townsend, TN residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Cave Creek Way

What is the listing price of this property?

The listing price of 116 Cave Creek Way property is $1,390,000.

What type of property is this?

The property 116 Cave Creek Way is a house located in Townsend, Tennessee, 37882.

Is this property for sale now?

Active Listing: 116 Cave Creek Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,989 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 7, 2021 for $1,180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 Cave Creek Way has 7 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 116 Cave Creek Way is 3,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Cave Creek Way is 2000.

Rocket Homes›Tennessee›Blount County›Townsend›37882›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.

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 number of listings in Townsend, TN decreased by 2% between October 2024 and November 2024. In November 2024, listings were on the market for 130 days. During the same period, the median list price in this real estate market was $447,000.

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

More Resources