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.
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. 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!
REALTRACS as Distributed by MLS Grid #3304425
Mar 24, 2026
Listed
$2,945,000
$224/sq ft
GSMAR #267860
Jan 9, 2024
Listed
$3,495,000
$266/sq ft
GSMAR #257013
Oct 29, 2023
Delisted
—
Aug 24, 2023
Price Changed
$3,750,000
$286/sq ft
May 26, 2023
Price Changed
$3,900,000
$297/sq ft
Apr 28, 2023
Listed
$4,100,000
$312/sq ft
GSMAR #256985
Apr 28, 2023
Delisted
—
Apr 27, 2023
Listed
$4,100,000
$312/sq ft
Public Records
Oct 18, 2021
Sold
$1,499,000
$114/sq ft
Public Records
Apr 25, 2014
Sold
$549,757
$42/sq ft
Knoxville MLS #697633
Jan 26, 2010
Listed
$1,950,000
$149/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,254
2024
$12,254
2023
$12,254 (−4.8%)
2022
$12,877 (+181.3%)
2021
$4,577
2020
$4,577
2019
$4,577 (+40.3%)
2018
$3,263
2017
$3,263
2016
$3,263
2015
$3,263 (−48.4%)
2014
$6,322
Public record
Beds
—
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
20.86 Acres
Year renovated
2001
Finished Sq. Ft.
3,828
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,828
Year built
1980
Style
Single Family Residential
County
Blount County
APN
107 03100 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Townsend, TN • 37882
Average low and high temperatures (°F)
46
27
55
34
70
44
76
52
76
58
86
65
90
70
84
65
80
61
72
50
64
43
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
21/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
3.4 hrs
0.7 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 460 Boat Gunnel Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $755,000 and $1,300,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $755K to $1.3M.