1940 Wears Valley Road, Sevierville, TN 37862
See all 65 photos
1940 Wears Valley Road, Sevierville, TN 37862
1940 Wears Valley Road, Sevierville, TN 37862
1940 Wears Valley Road, Sevierville, TN 37862
1940 Wears Valley Road, Sevierville, TN 37862
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Charity Brown • Tennessee Elite Realty
$ 3,400,000
Est. payment /mo
Save
Active

1940 Wears Valley Road Sevierville, TN 37862

7 Beds

16 Baths

10,578 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 10,578 sqft

Price per Sqft $321

MLS Listing ID 3307527

Bedrooms 7

Full Baths 13

Half Baths 3

HOA Y/N No

Year Built 1968

Annual Tax Amount $8,363

Lot Size 20.600 Acres

Acres 20.6

Property Sub-Type Single Family Residence

Property Description

MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT FEATURING 5 LUXURY INCOME-PRODUCING CABINS SITUATED ON 20.60 ACRES AND SURROUNDED BY A RUSHING MOUNTAIN STREAM (COVE CREEK) IN THE PIGEON FORGE AREA! BEING SOLD FULLY FURNISHED WITH SIGNIFICANT UPSIDE AND EXPANSION POTENTIAL! This rare offering includes five established STR cabins currently operating on the overnight rental program, along with multiple additional build opportunities. Two previous cabin sites are already equipped with septic and ready for redevelopment, plus the acreage offers the potential for additional build sites--creating an opportunity to expand your portfolio.
Located just minutes from the Parkway with easy access to top attractions like Dollywood, Gatlinburg, and Great Smoky Mountains National Park, this property combines convenience with a serene mountain setting. Positioned directly off Wears Valley Rd with its own private road, the development features NO STEEP ROADS--an extremely desirable and rare feature for guests and investors alike. Guests will love the peaceful creekside setting, paved access throughout, and the privacy of a true mountain retreat while still being close to everything the Smokies have to offer. Cabin configurations currently include a mix of 1BR, 3BR, 4BR, and 7BR units, allowing for a diverse rental strategy targeting couples, families, and large groups. Whether you're looking to scale an existing STR portfolio or develop a high-performing investment community from the ground up, this property delivers flexibility, location, and long-term upside.

Location

State TN

County Sevier County

Interior

Interior Features High Ceilings

Heating Central, Heat Pump

Cooling Central Air, Other

Flooring Carpet, Wood, Tile

Fireplaces Number 3

Fireplace Y

Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer

Exterior

View Y/N false

Roof Type Metal

Private Pool false

Building

Lot Description Views, Wooded

Story 2

Sewer Septic Tank

Water Well

Structure Type Block,Frame,Log,Wood Siding

New Construction false

Others

Senior Community false

Special Listing Condition Standard


RealTracs IDX

NEARBY SCHOOLS & PROPERTIES

Steve Nash

Steve Nash

Broker | License ID: 277585

+1(931) 302-6658

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1940 Wears Valley Road