01-331 E Chestnut Hill Rd 58 - 331 E Chestnut Hill Rd, Townsend, TN 37882, Townsend
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2-331 E Chestnut Hill Rd 68 - 331 E Chestnut Hill Rd, Townsend, TN 37882, Townsend
57 photos

$995,000

331 E Chestnut Hill Rd, Townsend, TN 37882
Townsend, TN 37882
Listed by Dwight Price · The Dwight Price Group Realty Executives Associates
Bedrooms
4
Bathrooms
4.5
Living area
N/A
Year built
1993

About this home

A rare opportunity in the beloved Chestnut Hill community of Townsend--this spacious 2-story basement home offers room to grow, room to gather, and room to breathe on 2.36 private acres just moments from local dining, scenic walking trails, and area entertainment. The main level features a comfortable and convenient layout with the primary bedroom and ensuite bath, a welcoming den, a warm living area with fireplace, formal dining room, second dining space, kitchen, half bath, and a well-placed utility room. The basement level expands your possibilities with a large den/rec room and second living quarters, complete with its own kitchen--ideal for multi-generational living, guests, or extended stays. Upstairs, the second level offers three bedrooms, an open den, and a full bathroom, creating a flexible layout for family, office space, or hobbies. Set on 2.36 acres, this property provides a peaceful backdrop of mature trees and natural beauty while still offering quick access to Townsend's most loved amenities. With multiple living areas, generous square footage, and a sought-after neighborhood, this home delivers comfort, versatility, and East Tennessee charm.

Highlights

Fireplace

Property details

MLS #
1354803
Property type
Single Family Residence
Subdivision
Chestnut Hill
Status
Active
Days on market
2
On market date
September 8, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
2
Parking spaces
N/A
Lot size
2.36 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Townsend Elementary
0.4 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
8.96 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
8.94 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: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

28
Car-dependent
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Nearby-amenity density
25 / 100
Restaurants & cafes6
Grocery stores1
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

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

On the market 2 days -- 137 fewer days than Townsend's current average of 140 days.
For reference, the median list price across 130 active listings in Townsend right now is $499,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,142/mo
$199,000 down
$796,000 loan
Principal & interest$5,163
Property tax (est.)$829
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 14 days ago.

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.