460 Boat Gunnel Road
Townsend, TN, 37882 $ 2,945,000
Bedrooms20 Baths19.1 Sq 13,121 Monthly Estimate*
$ 18,595
for $2,945,000 with 20 bedrooms and 19 full baths, 1 half bath. This 13,121 square foot home was built in 1980 on a lot size of 20.86.
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.
See more
FeaturesGeneralLiving Area 13121
Sewer Septic Tank
Year Built 1980
View Mountain(s)
Stories Count 1
Levels Three Or More
Gross Income 316690
County Blount County TN
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name Other
Full Baths 19
Status Active
Directions From Maryville: Turn left onto US-321 N/E Lamar Alexander Pkwy. Turn right onto Old Tuckaleechee Rd. Turn left onto Boat Gunnel Rd
City Townsend
Senior Community Y/N N
Lot Size Units Acres
Tax Annual Amount 12254
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 15
See more
InteriorTotal Fireplaces 5
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N Y
Half Baths 1
Total Bedrooms 20
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 20
See more
ExteriorWater Source Well
Total Parking 0
Lot Size Area 20.86
Building Area Total 13121
Lot Size Acres 20.86
Lot Size Source Assessor
Waterfront Y/N N
See more
* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $18,595
- Monthly Property Taxes
- $1,021
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Townsend, TN
Average List Price $817,883
Percent of Sale Price 72%
About Townsend, TN 583 Population
22% Since 2002
$ 43,952 Median Income
53.64 Median Age
10% Households with Children
Trends Information provided by ATTOM Data Solutions.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/23/2026 | $2,945,000 | | Listed Price |