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460 Boat Gunnel Road, Townsend, TN 37882

$2,995,000
  • 460 Boat Gunnel Road, Townsend, TN 37882 Main Photo

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Active
BEDS20 BATHS19 full 1 partial SQUARE FEET13,121 MLS#310900
STATUSActive PROPERTY TYPEResidential - NEIGHBORHOODBlount

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. 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.For investors looking to value add:significant upside potential!The planned 9th unit, ''360 Lodge,'' has huge potential for STR revenue once completed.An existing pavilion (with separate septic and well) offers conversion potential into a 1-2 bedroom rental.A small barn presents a unique opportunity for an event venue.With multiple avenues for expansion and revenue growth, this property is not just a turnkey investment, it's a scalable business with substantial future upside.This is a rare chance to acquire a Smoky Mountain resort combining natural beauty, location, and proven income performance. An investment opportunity that truly stands apart!

460 Boat Gunnel Road | MLS# 310900

This home located at 460 Boat Gunnel Road, Townsend, TN 37882 is currently listed for sale with an asking price of $2,995,000. This property was built in 1980 and has 20 bedrooms and 19 full and 1 partial baths with 13121 sq. ft.Search Blount real estate on cchambers.easttnliving.net today.

Property Features

Property Type: Residential -
Fireplaces: 5
Lot Size: 20.86 Acres
Taxes: $12,253
Year Built: 1980

Feature Descriptions

Days on Site: 27
Fireplace: Electric
Parcel #: 107 03100 000
Special View Info: Mountain(s)
View: Mountain(s)

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC 7720

Shown By

Agent Name: Charlsey Chambers
Agent Phone: (865) 850-7972
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: GSMAR MLS

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Estimated Payment

$ 8,560.20 per month $6,665.57 Principal & Interest $1,021.08 Property Tax $873.54 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/21/2026. The listing information on this page last changed on 04/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/21/2026 12:06:15 AM EST) or East Tennessee REALTORS (last updated Tue 04/21/2026 12:04:36 AM EST) or GSMAR MLS (last updated Mon 04/20/2026 9:14:39 PM EST) or Tennesse Virginia MLS (last updated Mon 04/20/2026 11:53:59 PM EST) or Lakeway MLS (last updated Tue 04/21/2026 12:02:01 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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