Townsend, TN 37882,861 Dry Valley RD
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Townsend, TN 37882,861 Dry Valley RD
Townsend, TN 37882,861 Dry Valley RD
Townsend, TN 37882,861 Dry Valley RD
Townsend, TN 37882,861 Dry Valley RD
Listed by Levi Trentham • eXp Realty, LLC 7765

$499,000

Est. payment /mo

$489,000

2.0%
Est.Price: ?

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861 Dry Valley RD Townsend, TN 37882

2 Beds

2 Baths

1,440 SqFt

SOLD DATE : 01/13/2023

Key Details

Sold Price $499,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,440 sqft

Price per Sqft $346

MLS Listing ID 255081

Sold Date 01/13/23

Style Cabin,Log

Bedrooms 2

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 960

Originating Board Great Smoky Mountains Association of REALTORS®

Year Built 1991

Annual Tax Amount $1,063

Tax Year 2022

Lot Size 0.550 Acres

Acres 0.55

Property Sub-Type Single Family Residence

Property Description

Welcome to your cozy mountain getaway in the peaceful side of the smokies! This two bedroom cabin has been fully updated and has been a very popular short term rental this year. This cabin is truly unique as it has the charm of real wood logs, mixed with todays popular modern farmhouse style. On the main level there is a living room with beautiful vaulted ceilings, a full bathroom, and an open and bright kitchen. You can also access the wrap around porch from the living room. The wrap around porch is also screened in on the rear of the cabin, perfect for relaxing or enjoying a game of corn hole. Upstairs in the loft is bedroom one which has a king bed and plenty of space to spread out. Downstairs is bedroom two which has a queen bed, a large walk in closet for extra storage space, a full bathroom, and an open rec room area which currently has a custom barrel multi-cade system with over 400 games. Walk outside the basement to the covered patio with a beautiful aspen spa. There is also a large fire pit area perfect for a night with s'mores! For the investor one of the big perks of this property is that it is setup with full camper hookups (water, sewer, and a 50 amp electric plug in) which is a perfect additional revenue stream that has yet to be tapped into by the current owner. It also has a brand new metal RV building to protect your RV investment for years to come. Between the revenue of the cabin which was around $65k this year and the potential revenue of the RV spot this is a great investment property for the price. RV rentals in the area go for around $100/night on average so there is potential to add an extra $15k-$30k a year in revenue. The two story storage shed next to the camper also has electric and could be finished out as an additional game area or whatever creative idea you may have! This property is turn key and just a short drive to tuckaleechee caverns and all of Townsends best attractions!

Location

State TN

County Blount

Zoning R-1

Direction From US-321 North turn right onto Old Tuckaleechee Rd, Stay left on Old Tuckaleechee Rd, Slight right onto Old Cades Cove Rd, then left onto dry valley rd

Rooms

Basement Basement, Finished

Dining Room 1 true

Kitchen true

Interior

Interior Features Cathedral Ceiling(s), Ceiling Fan(s), High Speed Internet

Heating Central, Electric, Heat Pump

Cooling Central Air, Heat Pump

Fireplaces Number 1

Fireplaces Type Electric

Fireplace Yes

Appliance Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Pool Hot Tub

Utilities Available Cable Available

Roof Type Metal

Street Surface Paved

Porch Covered, Deck, Patio, Screened

Road Frontage County Road

Garage No

Building

Sewer Septic Tank

Water Public

Architectural Style Cabin, Log

Structure Type Log,Wood Siding

Others

Security Features Smoke Detector(s)

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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agent

Lara Conrad

Broker | License ID: 366348

+1(865) 635-6544

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