Skip To Content

1940 Wears Valley Road

Sevierville, TN 37862
  • $3,689,900
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: 304220
UPDATED: 102 min ago
$3,689,900
  • 7
    BEDS
  • 20.6
    ACRES
  • 13
    BATHS
  • 3
    1/2 BATHS
  • 10,578
    SQFT
  • $349
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1990
County:
Area:

School Ratings & Info

Listing courtesy of Tennessee Elite Realty.


Description

MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! OWN YOUR OWN TURNKEY CABIN DEVELOPMENT SURROUNDED BY A RUSHING MOUNTAIN STREAM (COVE CREEK) WITH 5 LUXURY INCOME PRODUCING SHORT TERM RENTAL CABINS BEING SOLD FULLY FURNISHED SITTING ON 20.60 ACRES IN THE PIGEON FORGE, TN AREA WITH ROOM TO EXPAND AND BUILD ADDITIONAL CABINS! GROSS INCOME FOR 2021 WAS $374,989. Two additional build sites that had cabins ready to rebuild already have septic and potential of 8 additional build sites on the additional acreage! You can't beat this location only minutes to Pigeon Forge attractions, Dollywood, Gatlinburg, and the Smoky Mountains National Park. Easy access location NO STEEP ROADS and highly visible location. Fronts Wears Valley Rd. with its own private road into the development. Enjoy the picturesque setting and chance to develop and have a portfolio of approx. 15+ cabins! Nicely paved roads to access. The possibilities are endless- the sky is the limit! Must see! **Cabins are currently being rented on the overnight rental program as follows: 1BR, 3BR, 7BR, 4BR, and 3BR

Monthly Payment Calculator

Copyright 2025 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2025-02-15T00:15:34.587.
www.smokylistings.com/homes/158890533
Print Image

1940 Wears Valley Road Sevierville, TN 37862

  • Price: $3,689,900
  • Status: Active
  • On Site: 58 Days
  • Updated: 102 min ago
  • ID#: 304220
7
Beds
13
Baths
3
½ Baths
20.6
Acres
10,578
SQFT
$349
$/SQFT
1990
Built
Neighborhood:
Other
County:
Sevier
Area:
Wears Valley
Property Description
MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! OWN YOUR OWN TURNKEY CABIN DEVELOPMENT SURROUNDED BY A RUSHING MOUNTAIN STREAM (COVE CREEK) WITH 5 LUXURY INCOME PRODUCING SHORT TERM RENTAL CABINS BEING SOLD FULLY FURNISHED SITTING ON 20.60 ACRES IN THE PIGEON FORGE, TN AREA WITH ROOM TO EXPAND AND BUILD ADDITIONAL CABINS! GROSS INCOME FOR 2021 WAS $374,989. Two additional build sites that had cabins ready to rebuild already have septic and potential of 8 additional build sites on the additional acreage! You can't beat this location only minutes to Pigeon Forge attractions, Dollywood, Gatlinburg, and the Smoky Mountains National Park. Easy access location NO STEEP ROADS and highly visible location. Fronts Wears Valley Rd. with its own private road into the development. Enjoy the picturesque setting and chance to develop and have a portfolio of approx. 15+ cabins! Nicely paved roads to access. The possibilities are endless- the sky is the limit! Must see! **Cabins are currently being rented on the overnight rental program as follows: 1BR, 3BR, 7BR, 4BR, and 3BR
Exterior Features

Architectural Style CabinChaletLog Attached Garage YN No Construction Materials [] Exterior Features [] Fencing [] Foundation Details [] Garage YN No Lot Features PrivateWooded Parking Features DrivewayOff Street Patio And Porch Features CoveredDeckPorch Pool Features [] Road Frontage Type [] Road Surface Type [] Roof [] View [] Waterfront Features []

Interior Features

Above Grade Finished Area 10578 Appliances DishwasherDryerMicrowaveRefrigeratorWasher Basement FinishedWalk-Out Access Below Grade Finished Area 0 Cooling Central AirWall Unit(s) Cooling YN Yes Fireplace Features Other Fireplace YN Yes Fireplaces Total 1 Flooring CarpetHardwoodTile Heating CentralHeat Pump Heating YN Yes Interior Features [] Laundry Features [] Levels [] Window Features []

Property Features

Association Amenities [] Association Fee Includes [] Association YN No Body Type [] Community Features [] Current Use [] Listing Terms CashConventional New Construction YN No Occupancy Either Other Equipment [] Other Structures [] Pets Allowed [] Possession Close Of Escrow Property Condition [] Property Sub Type Single Family Residence Restrictive Covenants YN No Rooms Total 0 Security Features [] Sewer Septic Tank Special Listing Conditions [] Tax Annual Amount 5166.68 Tax Year 2023 Utilities [] Water Source Well Zoning R1 Zoning Entity tax records

Copyright 2025 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Tennessee Elite Realty | Office Phone: 865-280-4922 .

Copyright 2025 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Colonial Real Estate. Information deemed reliable but not guaranteed. Last updated 2025-02-15T00:15:34.587.
 
https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_304220-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_304220-2.jpg https://bt-photos.global.ssl.fastly.net/gsmar/orig_boomver_1_304220-2.jpg
Logo
Colonial Real Estate
1380 Dolly Parton Parkway
Sevierville TN, 37862
Listing courtesy of Tennessee Elite Realty.