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    120 Greystone Way Townsend, TN 37882

    Sponsored
    For Sale
    $119,850

    LAND - Townsend, TN

    Lot size:
    1.62 Acres
    Days on Market:
    56
    Last Refresh:
    Jan 8 at 2:06 pm

    Property Features for 120 Greystone Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    107C A 045.00
    Lot size
    1.62 Acres

    REMAX FIRST (865) 981-1004 [email protected]

    Listing agent Charmaine Lingard (865) 313-6866

    Listing date Nov 14, 2025

    MLS# 1301188 Listing URL

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mountain View Homesite Opportunity

    This 1.62-acre homesite offers a blend of seclusion and convenience, located 10 minutes from the entrance to the Great Smoky Mountains National Park. The lot is approved for vacation rental cabins, presenting an investment opportunity. It is located 39 minutes from McGhee Tyson Airport and 30 minutes from Pigeon Forge. A $40,000 concrete driveway is already in place, shared with a neighbor, and an old logging road offers the option to create an exclusive entrance. Outdoor activities such as biking, hiking, fishing, tubing, and kayaking are available along the Little River. Water, electricity, and high-speed internet are available at the street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Gym & Fitness Hotel & Motel Travel Agency Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Blount
    State
    Tennessee
    Longitude
    -83.759797
    Latitude
    35.658285

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    FAQs

    What type of property is this?
    Land - Picturesque homesite near Smoky Mountains National Park with income potential.
    Where is this land located?
    The property is located at 120 Greystone Way Townsend, TN.
    What is the asking price?
    The asking price for this property is $119,850.
    What are key features of this property?
    This property features: - Approved for vacation rental cabins, offering strong rental income potential.; - Located just 10 minutes from the Great Smoky Mountains National Park entrance.; - Mountain views and secluded setting nestled among trees.
    (865) 313-6866
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Greystone Way Townsend, TN 37882
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