Need To Spread Out?
Crown and Anchor Realty can help you find the perfect spot.
We Know Knoxville!
From the city to the country and all around the lakes, rivers and valleys.
Enjoy The Water?
It's perfect for recreation or just enjoying the view!
Crown And Anchor Can Help You Purchase This Home
Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!
1265 Lookout Tr, Townsend, 37882
Priced At: $1,750,000
Property Details for ID: 1317479
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 5,023
Price SqFt: $348
Total Bedrooms: 5
Full Baths: 5 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-10-03T17:02:29Z
Subdivision: Reagans Place
Public Remarks: Perched atop 8.4 private acres, this exceptional mountain estate offers breathtaking 360° views of the Smoky Mountains and over 5,000 square feet of total living space between the main residence and guest house. The main home boasts 4,400+ sq ft of beautifully designed living space. Step inside to find a spacious kitchen with a cozy keeping room—perfect for gatherings and everyday comfort. The oversized master suite is a true retreat, complete with a cedar-lined walk-in closet and a private, covered deck ideal for warm summer nights or peaceful mornings. Upstairs, you'll find three generously sized bedrooms, a charming library area, and a scenic observation room offering jaw-dropping mountain vistas—perfect for stargazing or enjoying the ever-changing landscape. The finished basement includes a large bonus room and a comfortable family room, offering even more space for entertaining or relaxing. The 600 sq ft guest house features an open-concept kitchen and living area, one bedroom, and plenty of natural light—ideal for visitors or use as an income-producing rental. Whether you're looking for a private mountain escape, a multigenerational property, or a scenic sanctuary, this one-of-a-kind estate offers it all. Unmatched privacy, stunning views, and room to breathe—this is mountain living at its finest.
Schools Information
Elementary School: TownsendMiddle / Junior School: Heritage
High School: Heritage
Building Description
Site Built: Yes
Year Built: 1997
Total Rooms: 11
SqFt (Total): 5,023
SqFt (Main Lvl): 1,465
SqFt (Down Lvl): 1,465
SqFt (2nd Flr Lvl): 1,385
SqFt (3rd Flr Lvl): 108
Full Baths: 5
1/2 Baths: 0
Fireplace: Yes
Bonus Room: Yes
Extra Storage: Yes
Basement: Yes
Basement Type: Slab
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: Voluntary
HOA Fee: 350
HOA Freq: Yearly
HOA Contact: TBD
Heating & Cooling
Total Fireplaces: 4
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
From Hwy 321 at Wears Valley/Townsend border, turn into Reagan Springs. There is a coded gate that is closed 24/7. Follow Reagan Springs Rd to Right on Lookout Trail, to locked gate to driveway entry. Must have code to enter.
Your commute
Near By Properties (click flag to view)
Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Four Reasons to Use Crown And Anchor Realty
Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!