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Active 117 days on market

8229 E Lamar Alexander Parkway Pkwy

Townsend, TN 37882 · Blount County

$975,000

Beds
6
Baths
3.5
Sq ft
4,300
Acres
0.7
Built
1952

Listing courtesy of Realty Executives Associates · MLS #1346643

Description

Exceptional Little River Estate with Highway Frontage & Endless Possibilities Discover one of Townsend's most unique and versatile properties, offering the rare combination of frontage on both E. Lamar Alexander Parkway (Highway 321) and the pristine Little River. Nestled along one of the river's most peaceful stretches--away from the heavy tubing traffic--this property provides deep water, outstanding fishing, and a serene mountain setting just minutes from the entrance to the Great Smoky Mountains National Park. Currently zoned B-1 Commercial, this exceptional property offers tremendous flexibility for a variety of business ventures (subject to county regulations), overnight rental opportunities, investment potential, or continued use as a spacious private residence. The home features approximately 6 bedrooms, 3.5 bathrooms, a spacious open family room, a large main-level bonus room, and an oversized primary suite. Originally constructed in 1952, the residence was thoughtfully expanded around 2010, blending classic character with modern living space. A fully finished and heated basement, dual HVAC systems, and generous living areas provide ample room for family, guests, or future business conversion.

Whether you're seeking a family estate, investment property, boutique commercial location, or riverfront retreat, this property offers unmatched potential in one of East Tennessee's most desirable destinations. Property Highlights: Frontage on both E. Lamar Alexander Parkway and the Little River Peaceful river setting with deep water and excellent fishing Located outside the heavily trafficked tubing areas B-1 Commercial Zoning allowing numerous business possibilities Excellent overnight rental or mixed-use potential 6 Bedrooms | 3.5 Bathrooms Large family room, bonus room, and spacious primary suite Heated and finished full basement Dual HVAC systems Original home built in 1952 with major addition completed around 2010 Conveniently located along the Townsend Bike Trail Minutes from the entrance to the Great Smoky Mountains National Park

The home is being offered As-Is, presenting an outstanding opportunity for buyers to create their own vision while investing in one of Townsend's most distinctive riverfront properties. Properties with this combination of commercial zoning, river frontage, highway visibility, and proximity to the Great Smoky Mountains National Park rarely become available. Schedule your private showing today and experience the exceptional possibilities that await at 8229 E. Lamar Alexander Parkway.

Details

Home

Type
Residential · Single Family Residence
Style
Basement Ranch
Year built
1952
Living area
4,300 sq ft
Bedrooms
6
Bathrooms
3 full, 1 half
Basement
Partially Finished, Finished, Walk-Out Access
Parking
Carport, Off Street

Interior

Rooms
Breakfast Room, Bedroom Main Level, Laundry/Utility, Family Room, Extra Storage, Mstr Bdrm Main Level
Flooring
Vinyl, Hardwood
Appliances
Range, Refrigerator
Features
Eat-in Kitchen
Also
Washer/Dryer Connect, Walk-in Shower, Internet Available

Exterior

Construction
Frame, Brick, Shingle Siding
Architecture
Traditional
Porch & patio
Porch - Covered

Land

Lot size
0.7 acres
Lot
Wooded, Waterfront, Irregular Lot, River
Views
Mountain View, Country Setting
Deed restrictions
None
Permitted use
Overnight or permanent

Utilities

Water
Public, Shared Well
Sewer
Septic
Heating
Forced Air, Heat Pump, Electric

Listing

MLS #
1346643
Status
Active
On market
117 days
Listed
Jul 3, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues
Price per sq ft
$227
4,300 sq ft

Price history

Jul 3, 2026
Listed
$975,000

Accepted

  • Cash
  • Other
  • Conventional

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Location
County
Blount
ZIP
37882

Drive times

  • Maryville 30 min
  • McGhee Tyson Airport 45 min
  • Pigeon Forge 45 min
  • Sevierville 45 min
  • downtown Knoxville 60 min
  • Lenoir City 60 min
Approximate, by road

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Listing courtesy of Realty Executives Associates. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1346643.