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1940 Wears Valley Road, Sevierville, TN 37862

$3,400,000
  • 1940 Wears Valley Road, Sevierville, TN 37862 Main Photo

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New to the Market Active
BEDS7 BATHS13 full 3 partial SQUARE FEET10,578 MLS#311491
STATUSActive PROPERTY TYPEResidential - Single Family NEIGHBORHOODSevierville

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.

1940 Wears Valley Road | MLS# 311491

This single family home located at 1940 Wears Valley Road, Sevierville, TN 37862 is currently listed for sale with an asking price of $3,400,000. This property was built in 1968 and has 7 bedrooms and 13 full and 3 partial baths with 10578 sq. ft.Search Sevierville real estate on vrowe.easttnliving.net today.

Property Features

Property Type: Residential - Single Family
Basement: Finished, Walk-Out Access
Basement: Yes
Cooling: Central Air
Fireplaces: 1
Heating: Central, Heat Pump
Home Style: Cabin, Chalet, Log
Lot Size: 20.60 Acres
Taxes: $8,363
Year Built: 1968

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Exterior: Frame, Log
Fireplace: Other
Flooring: Carpet, Hardwood, Tile
Interior Amenities: Cathedral Ceiling(s), Kitchen/Dining Combo, Living/Dining Combo
Parcel #: 104 01000 000
Parking: Main Level Garage, Off Street
Patio/Porch: Covered, Deck, Porch
Utilities: Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

Listed By / Shown By

Listed By

Agency Name: Tennessee Elite Realty

Shown By

Agent Name: Vickie Rowe
Agent Phone: (423) 489-9421
Agency Title: Crye-Leike Real Estate Services

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Source: GSMAR MLS

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Estimated Payment

$ 9,255.51 per month $7,566.93 Principal & Interest $696.92 Property Tax $991.67 Homeowner's Insurance

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