460 Boat Gunnel Road, Townsend, TN 37882

$2,945,000
20
BD
20
BA
13,121
SqFt

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List Price
$2,945,000
Status
ACTIVE
MLS#
3304425
Days on Market
125
Bedrooms
20
Bathrooms
20
Full Bathrooms
19
Half Bathrooms
1
Living Area
13,121
Lot Size
908,661
Acres
20.86
County
Blount County

Property Description

Located in the heart of the Great Smoky Mountains in Townsend, fondly known as the ''Peaceful Side of the Smokies'' this exceptional 20.86 acre resort presents a rare opportunity to own a proven, high performing short term rental portfolio in one of East Tennessee's most desirable destinations. Perched at approximately 1,500 feet in elevation, the property offers sweeping, panoramic mountain views and an unmatched sense of privacy and tranquility. Thoughtfully developed and meticulously maintained, the resort has quickly established itself as a top-tier income producing asset with a strong and consistent financial track record. The numbers speak for themselves. Generating over $270,000 in its inaugural year (2022), increasing to $287,000 the following year, and reaching an impressive $363,000 in 2024, with $317,000 recorded in 2025. $222K already on the books for 2026!! Trending above 2025 revenue!! This growth underscores both the strength of the location and the property's operational success. The resort features a total of 8 fully furnished, turnkey cabins, including 5 traditional cabins and 3 treehouse style cabins. Each unit is designed to deliver a premium guest experience, complete with hot tubs, arcade games and fire pits. Guests are immersed in nature with private hiking trails that wind throughout the property, creating a true mountain retreat experience while still being just minutes from top area attractions. Located only 2 minutes from Townsend's popular bike greenway and river tubing access, and a short drive to Cades Cove, Gatlinburg, Pigeon Forge, and Sevierville, the location offers the perfect balance of seclusion and accessibility. Originally undeveloped for nearly 15 years, the current owner has transformed this property into a thriving STR business with no restrictions, offering flexibility for self-management or the option to partner with a professional management company.

Additional Information

Living Area
13,121
Lot Number
15
Number Of Fireplaces
5
Number Of Stories
1
Sewer System
Septic Tank
Subdivision
Other
Tax Amount
$12,254
Water Source
Well
Year Built
1980
Type
Single Family Residential

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Listing courtesy of eXp Realty.

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