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$3,400,000
165 Days On Site

1940 Wears Valley Road
Sevierville, TN 37862

For Sale|Single Family Residence|Active
7
Beds
16
Total Baths
13
Full Baths
3
Partial Baths
10,578
SqFt
$321
/SqFt
1968
Built
Subdivision:
Other
County:
Sevier
Call Now: (931) 307-4660
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(931) 307-4660
1940 Wears Valley Road1940 Wears Valley Road1940 Wears Valley Road1940 Wears Valley Road
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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.

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Listing Snapshot
Price 
$3,400,000
Days On Site 
165 Days
Bedrooms 
7
Inside Area (SqFt) 
10,578 sqft
Total Baths 
16
Full Baths 
13
Partial Baths 
3
Lot Size 
20.6 Acres
Year Built 
1968
MLS® Number 
3307527
Status 
Active
Property Tax 
$8,363
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 months agoListing first seen on site
5 months agoListing updated with changes from the MLS®
General Features
Acres 
20.6
Levels 
Three Or More
Number Of Stories 
2
Parking 
Asphalt
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
10578
Style 
Log
Water Source 
Well
Interior Features
Appliances 
DishwasherDryerElectric RangeMicrowaveRefrigeratorOvenWasher
Basement 
FinishedWalk-Out Access
Cooling 
Central AirOther
Fireplace 
Yes
Fireplace Features 
Electric
Fireplaces 
3
Flooring 
CarpetWoodTile
Heating 
CentralHeat Pump
Interior 
High Ceilings
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Exterior Features
Construction Details 
BlockFrameLogWood Siding
Lot Features 
ViewsWooded
Patio And Porch 
DeckCovered
Roof 
Metal
Waterfront Features 
Creek
Listing courtesy of Tennessee Elite Realty Charity Brown

Listings courtesy of Realtracs as distributed by MLS GRID



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