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$499,900

8121 Old Highway 73, Townsend, TN 37882
Townsend, TN 37882
Listed by Kathy L. Hmielewski · CENTURY 21 Legacy
Bedrooms
3
Bathrooms
2
Living area
N/A
Year built
1956

About this home

Exceptional Location in Heart of Townsend on corner of Wears Valley Rd and Old Highway 73. Two BR One Full Bath Home in Great Condition; Plus Separate Entrance to Private 2nd Floor Apartment with Large LR, Full Bath, Kitchenette and Large BR. Central Heat/Air. Residential Single Family Home in City of Townsend city limits with Bonus of B-1 Business Zoning. Ideal location for Business Opportunity in Townsend. Opportunity for family member to live onsite or rent out extra Apartment.. Check with City of Townsend for business activity permitted in B-1 Zoning. . Home located on .42 Acre Lot with tremendous visibility and large level grass yard on Wears Valley Rd. Home Being sold As Is. Lawn Mower in garage is Not Included. Can be shown Anytime. Call List Agent.

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1265996
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
800
On market date
May 26, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.42 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Townsend Elementary
1.24 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
113
Student:teacher ratio
14.1:1
District
Blount County
Middle
Heritage Middle School
9.27 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
711
Student:teacher ratio
15.5:1
District
Blount County
High
Heritage High School
9.23 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,333
Student:teacher ratio
15.9:1
District
Blount County

Walkability

Blended score for Townsend's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Townsend, from live MLS data.

On the market 800 days -- 662 more days than Townsend's current average of 138 days.
For reference, the median list price across 136 active listings in Townsend right now is $479,000.

Mortgage calculator

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Est. monthly payment
$3,160/mo
$99,980 down
$399,920 loan
Principal & interest$2,594
Property tax (est.)$417
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 15, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.