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Residential Land for Sale in Townsend, Tennessee

120 Greystone Way, Townsend, TN 37882

$119,850
1.62 acres
Active
$50 drop
Est $837/mo

BUILD YOUR MOUNTAIN RETREAT WITH A VIEW! This perfect piece of paradise is a rare opportunity, Just 10 minutes from the entrance to the Great Smoky Mountains National Park, this picturesque homesite offers a unique blend of seclusion and convenience. Nestled among the trees with mountain views, this lot is approved for vacation rental cabins-an ideal investment for those seeking both serenity and strong rental potential. Located only 39 minutes from McGhee Tyson Airport and a scenic 30-minute drive to the heart of Pigeon Forge, you're close to the area's most beloved attractions, shops, and dining, yet worlds away in peaceful natural beauty. Already in place is a $40,000 concrete driveway, shared with your neighbor-or, otherwise take advantage of the old logging road to create your own exclusive entrance from the opposite side of the lot. Enjoy year-round outdoor adventure with nearby biking, hiking, fishing, tubing, and kayaking along the beautiful Little River. With water, electricity, and high-speed internet at the street, your dream cabin is ready to become a reality. Don't miss this chance to invest in a mountain property that checks every box-location, views, utilities, and income potential. Let's talk about how to make this your next smart move in the Smokies!

Location

Street address
120 Greystone Way
Community
Stonegate
Elevation
1,696 feet
Coordinates
35.6583, -83.7598

Directions

From Maryville, take Hwy 321 (Lamar Alexander Pkwy) approx. 17 miles to Townsend and turn right on Myers Rd by the visitor's center. Go 0.3 miles and take a right on Fox Hollow. Follow Fox Hollow until you arrive at the Stonegate entrance. Go through gates. Fox Hollow becomes Stonegate Way. Turn right into Greystone Way - Note that the road is one way. Sign on property on the right. Driveway is shared. Please have your Realtor present if using the driveway.

Property details

Acreage
1.62 acres
MLS #
KAARMLS 1301188
Posted

Property taxes

Recent
$223

Parcels

  • 107C A 045.00

Details and features

Listing

Type
Land
Franchise
RE/MAX International

Lot

Features
Corner Lot, Irregular Lot, Rolling, Rolling Slope, Wooded

Listing history

DateEventPriceChangeSource
Nov 15, 2025Price drop$119,850$50 -0.04%KAARMLS
July 17, 2025Price drop$119,900$10,000 -7.7%KAARMLS
May 16, 2025New listing$129,900KAARMLS
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This 1.62-acre property is located at 120 Greystone Way in Townsend, TN 37882. The property is available for sale for $119,850 with a price per acre of $73,981.

Checked 3 mins ago — Updated

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East Tennessee Realtors

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