Skip To Content

460 Boat Gunnel Road

Townsend, TN 37882
  • $2,995,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 310900
UPDATED: 46 min ago
$2,995,000
  • 20
    BEDS
  • 20.86
    ACRES
  • 19
    BATHS
  • 1
    1/2 BATHS
  • 13,121
    SQFT
  • $228
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1980
County:
Area:

School Ratings & Info

Listing courtesy of eXp Realty, LLC 7720.


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!

Monthly Payment Calculator

Copyright 2026 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2026-04-11T13:15:35.777.
www.smokylistings.com/homes/174407366
Print Image

460 Boat Gunnel Road Townsend, TN 37882

  • Price: $2,995,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 46 min ago
  • ID#: 310900
20
Beds
19
Baths
1
½ Baths
20.86
Acres
13,121
SQFT
$228
$/SQFT
1980
Built
Neighborhood:
Other
County:
Blount
Area:
Blount
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!
Exterior Features

Architectural Style [] Construction Materials [] Exterior Features [] Fencing [] Foundation Details [] Garage YN No Lot Features [] Parking Features [] Patio And Porch Features [] Pool Features [] Road Frontage Type [] Road Surface Type [] Roof [] View Mountain(s) View YN Yes Waterfront Features [] Waterfront YN No

Interior Features

Above Grade Finished Area 13121 Appliances [] Basement [] Below Grade Finished Area 0 Cooling [] Fireplace Features Electric Fireplace YN Yes Fireplaces Total 5 Flooring [] Furnished Furnished Heating [] Interior Features [] Laundry Features [] Levels [] Primary Bedroom Yes Rooms Primary Bedroom Window Features []

Property Features

Association Amenities [] Association Fee Includes [] Association YN No Body Type [] Community Features [] Current Use [] Listing Terms [] New Construction YN No Occupancy Either Other Equipment [] Other Structures [] Pets Allowed [] Possession [] Property Condition [] Property Sub Type Multi Family Restrictive Covenants YN No Rooms Total 1 Security Features [] Sewer Septic Tank Special Listing Conditions [] Tax Annual Amount 12253.81 Tax Year 2025 Utilities [] Water Source Well Zoning R-1 Zoning Entity Blount

Copyright 2026 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of eXp Realty, LLC 7720 | Office Phone: 888-519-5113 .

Copyright 2026 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2026-04-11T13:15:35.777.
 
https://bt-photos.global.ssl.fastly.net/gsmar/1280_boomver_1_310900-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/1280_boomver_1_310900-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/1280_boomver_1_310900-2.jpg
Logo
Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of eXp Realty, LLC 7720.