2 months on rocket

218 Ace Gap Rd, Townsend, TN, 37882

$530,000

Home List Price

$6,294*

Closing Credit

1 Bedroom
2 Full Baths
1,318 SqFt
$402/SqFt
House

Location

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218 Ace Gap Rd, Townsend$530,000

Buyer Closing Credits

$6,294*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDesignated Parking, Off-Street Parking
Year Built1997
HeatingCentral, Heat Pump, Propane, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceSee-Thru, Stone, Gas Log
ViewTrees/Woods
MLS #1277466
Lot Size0.34 Acres
StatusActive

About 218 Ace Gap Rd

Make this adorable cabin your getaway to the Great Smoky Mountains! Conveniently located in Townsend, ''the peaceful side of the smokies'', approximately 7 miles to the entrance on the Cades Cove end of the national park. The Cabin is fully furnished; complete with recently updated kitchen appliances, includes a washer and dryer and is decorated with some pieces made by local wood carvers and artists in the area. It's currently doing well on a rental program but would be a wonderful permanent home! It has a double sided, propane fireplace, 2 sleeping areas plus a fold out sofa, 2 baths, a wonderful large deck overlooking the woods, a screened porch for relaxing or dining outdoors and a loft for gathering and playing games. The exterior of the cabin was stained and the interior refreshed in 2019. It's tucked into the quiet subdivision of Laurel Valley in the Fairlight section where wildlife is abundant. It's not unusual to be visited by black bear, deer, turkeys and other animals at anytime! This gated community surrounds the beautiful, 18 hole, Wild Laurel Golf Course and Tavern where you may choose to enjoy a game of golf, exercise, eat, relax or swim. (See their website for details) The small town of Townsend has lots to offer you and your guests with locally owned restaurants, art galleries, hiking, bike trails, trout fishing and tubing in the Little River which flows through the park and down the middle of the town. You'll also be just a jaunt down the road from Met Calf Bottoms picnic area, Dollywood, Sugarlands Visitors Center, Gatlinburg and Pigeon Forge. This cabin will be a wonderful investment for your relaxation and enjoyment! I invite you to come see for yourself. Call for your appointment; you won't be disappointed!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 1997
  • Living Area: 1,318 SqFt

Listing Office:

  • Office Name: Why The Smokies, LLC
  • Office Phone: (865) 448-3888

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Breakfast Bar, Eat-in Kitchen
  • Fireplace: See-Thru, Stone, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Porch - Covered, Porch - Screened, Deck

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Wooded, Rolling/Hilly
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Hwy 321/Lamar Alexander Pkwy, turn onto Old Tuckaleechee Rd then onto Laurel Valley Rd. Proceed straight until you get to the entrance of Laurel Valley, through the gate to the right, then up the hill and right onto Cutter Gap, left onto Laurel Rd and then left onto Ace Gap. Home will be on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $530,000
  • Price Per SqFt: $402/SqFt

HOA Fees:

  • Amount: $1100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,157
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$447K

Med. Price/SqFt

$305

Avg. Days On Market

130

# of Sold Homes

5

218 Ace Gap Rd vs Townsend

88 DAYS ON ROCKET

-42 Days

$530,000

+$83K More

$402/SqFt

+$97 More

KEY TAKEAWAY

This property is $83K more than the Median Sold Price and $97/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: #1277466

Listing Office:

  • Office Name: Why The Smokies, LLC
  • Office Phone: (865) 448-3888

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, 6:21:07 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

May 15, 2018Home Sold
$184,500
Jan 28, 2002Home Sold
$222,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,157$46,850
2019$1,276$46,850
2018$1,276$51,650
2017$1,276$51,650

History based on county public records data.

Payment Calculator

$2,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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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-899322
5
/10
  • Townsend Elementary School

  • 140 Tiger Dr

  • 2.86 miles

  • Public District Grades PK-5

school-card-donut-899323
5
/10
  • Walland Elementary School

  • 247 E Millers Cove Rd

  • 3.73 miles

  • Public District Grades PK-5

school-card-donut-899324
8
/10
  • Montvale Elementary School

  • 3128 Montvale Rd

  • 9.09 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,000. The majority of Townsend, TN residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 218 Ace Gap Rd

What is the listing price of this property?

The listing price of 218 Ace Gap Rd property is $530,000.

What type of property is this?

The property 218 Ace Gap Rd is a house located in Townsend, Tennessee, 37882.

Is this property for sale now?

Active Listing: 218 Ace Gap Rd 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 $1,157 (source: MLS/based on county public records data).

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

The last sale was on May 15, 2018 for $184,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 218 Ace Gap Rd has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 218 Ace Gap Rd is 1,318 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 218 Ace Gap Rd is 1997.

Rocket HomesTennesseeBlount CountyTownsend37882218 Ace Gap Rd

This home is located at 218 Ace Gap Rd in Townsend, TN and zip code 37882 in the Fairlight neighborhood. This 1,318 square foot home, which was built in 1997, sits on a 0.34 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $530,000.

In November 2024 more than 0 listings in Townsend, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. Between October 2024 and November 2024, Townsend, TN real estate market has seen decrease in the number of listings by 2%. While the average time on the market in November 2024 was 130 days, the median list price was $447,000.

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

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