For sale Home

Listed Sep 8, 2026

$995,000 Est. $6,581/mo

331 East Chestnut Hill Road

  • 4

    Beds

  • 5

    Baths

  • 4,475

    Sq ft

The story

  • Basement

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.

Facts & features

Home type

Home

Year built

1993

Lot size

2 acres

Price per sq ft

$222

Parking

2-car garage

Included features

  • Fireplace

    2 fireplaces

  • Basement

    Yes

  • Cooling

    Central Cooling, Ceiling Fan(s)

  • Heating

    Central, Heat Pump, Electric

  • Appliances

    Dishwasher, Microwave, Range, Self Cleaning Oven

  • Flooring

    Carpet, Hardwood, Tile

  • Lot Information

    Private, Level, Rolling Slope

  • Water Source

    Public

  • Sewer

    Septic Tank

  • View

    Mountain

Mortgage calculator

Estimated monthly payment

$6,581 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $5,296
  • Property tax $995
  • Insurance $290

Includes principal, interest, taxes & insurance.

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Listing Broker

The Dwight Price Group Realty Executives Associates

Broker Name

The Dwight Price Group Realty Executives Associates

Agent

Dwight Price