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.
Single-familyProperty Type
1993Year Built
2.36 acresLot Size
$222Price/Sq.Ft.
2 car garageParking
Listed by Dwight Price• The Dwight Price Group Realty Executives Associates
Townsend retreat on 2 Acre lot w/additional living quarters, all season room overlooking inground gunite pool, barn w/fenced pasture, 2 masonry fp s, brick home, 4 BRs/4.5 BAs, amazing mountain views, close proximity to walking/bike trail, hdwd flooring, generous main level master w/2 Baths and sitting room (10 x10 ),NEW ROOF. Septic Approval 3 Bedroom - Square footage is approximate, buyer to verify.
Knoxville MLS #800125
May 2, 2012
Listed
$464,900
$104/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,942
2024
$1,942
2023
$1,942 (−2.3%)
2022
$1,988 (−1.1%)
2021
$2,011
2020
$2,011
2019
$2,011 (−4.0%)
2018
$2,095
2017
$2,095
2016
$2,095
2015
$2,095 (+13.7%)
2014
$1,842
Public record
Public record
Zoning
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.6 Acres
Year renovated
2001
Finished Sq. Ft.
2,358
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,358
Year built
1993
Style
Single Family Residential
County
Blount County
APN
096L A 01600 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
R-1E
Low Density Residential Exclusive District
It is the intent of this district to establish low density residential areas along with open areas which appear likely to develop in a similar manner. The requirements for the district are designed to protect essential characteristics of the district.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.77% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 100° expected this year, 21 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Townsend, TN • 37882
Average low and high temperatures (°F)
46
27
55
34
70
44
76
52
76
58
86
65
90
70
84
65
80
61
72
50
64
43
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 331 E Chestnut Hill Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $755,000 and $1,400,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $755K to $1.4M.