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1940 Wears Valley Road, Sevierville, TN 37862

Sevierville
Local realty services provided by:CENTURY 21 Legacy
1940 Wears Valley Road,Sevierville, TN 37862
$3,400,000
  • 7 Beds
  • 16 Baths
  • 10,578 sq. ft.
  • Single family
  • Active
Listed by: charity brown
Office: tennessee elite realty
MLS#:311491
Source:TN_GSMAR

Price summary

  • Price:$3,400,000
  • Price per sq. ft.:$321.42

About this home

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...

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Home facts

  • Year built:1968
  • Listing ID #:311491

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:16
  • Full bathrooms:13
  • Half bathrooms:3
  • Flooring:Carpet, Hardwood, Tile
  • Dining Description:Kitchen/Dining Combo, Living/Dining Combo
  • Kitchen Description:Kitchen/Dining Combo
  • Basement Description:Finished, Walk-Out Access
  • Living area:10,578 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Central, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1968
  • Building area:10,578 sq. ft.
  • Lot area:20.6 Acres
  • Lot Features:Views, Waterfront, Wooded
  • Architectural Style:Cabin, Chalet, Log
  • Construction Materials:Block, Frame, Log, Wood Siding

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,400,000
  • Price per sq. ft.:$321.42
  • Tax amount:$8,363 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Amenities:Cathedral Ceiling(s), Soaking Tub

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