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460 Boat Gunnel Road
Townsend TN 37882 US

$2,995,000

Active Listing ID 310900
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20 bed
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20.00 Bath (19 Full , 1 Half)
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Lot: 20.86 Acres
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Other

$2,995,000

Active Listing ID 310900
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460 Boat Gunnel Road 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!

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Property Features

  • Facts
  • Lot Size: 20.86 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 19
  • 1/2 Bathrooms: 1
  • Additional Features
  • Fireplace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2995000
  • unparsedaddress: 460 Boat Gunnel Road
  • postalcity: Townsend
  • stateorprovince: TN
  • country: US
  • postalcode: 37882
  • bathroomsfull: 19
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 20.86
  • lotsizeunits: Acres
  • lotsizearea: 20.86
  • livingarea: 13121
  • livingareaunits: Square Feet
  • latitude: 35.663651
  • longitude: -83.763745
  • listagentfullname: Kaitlin Glenn
  • listagentemail: 865kait@gmail.com
  • listagentkey: 3yd-GSMARTN-6323
  • listagentmlsid: 6323
  • listagentpreferredphone: 6098167520
  • listagentofficephone: 6098167520
  • listofficekey: 3yd-GSMARTN-701
  • listofficemlsid: 701
  • disclaimer: Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMARTN
  • yearbuilt: 1980
  • listingcontractdate: 2026-03-24
  • countyorparish: Blount
  • parcelnumber: 107 03100 000
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 7, Bedroom 4, Bathroom 6, Bathroom 16, Bathroom 17, Bedroom 9, Bedroom 18, Bedroom 13, Bathroom 3, Bathroom 7, Bathroom 15, Bathroom 19, Bedroom 15, Bedroom 16, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 11, Bedroom 20, Bathroom 13, Bedroom 8, Bathroom 1, Bathroom 4, Bathroom 9, Bathroom 12, Bedroom 3, Bathroom 2, Bathroom 14, Bedroom 10, Bathroom 11, Bedroom 17, Bedroom 19, Bathroom 5, Bathroom 20, Bathroom 18, Bathroom 8, Bedroom 14, Bathroom 10, Bedroom 12, Bedroom 6
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -83.76375, 35.66365
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"865kait@gmail.com", "ListBrokerageCity":"Franklin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP REALTY LLC", "ListBrokeragePhone":"(888) 519-5113", "ListBrokeragePostalCode":"37067", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3401 Mallory Lane #100", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3401 Mallary Lane #100 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"701", "ListOfficeCity":"Franklin", "ListOfficeCountry":"USA", "ListOfficeEmail":"tn.broker@exprealty.net", "ListOfficePostalCode":"37067", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Townsend, TN", "ListingURL":null, "MLSModificationTimestamp":"2026-03-24 21:59:25", "Neighborhoods":[{"Description":null, "Name":"Blount"}], "PostalCode":null, "RoomCount":1, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12254, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/26/2026 2:32:58 PM GMT
Source Updated Date: 3/27/2026 7:03:21 PM GMT

Courtesy of: Kaitlin Glenn, eXp Realty, LLC 7720, 865kait@gmail.com

Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.