1940 Wears Valley Rd, Sevierville, TN 37862

$3,400,000
7
BD
16
BA
10,578
SqFt

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List Price
$3,400,000
Status
ACTIVE
MLS#
3307527
Bedrooms
7
Full-baths
13
Half-baths
3
Sq. Ft
10,578
Acres
20.60
Year Built
1968
Subdivision
Other

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.

Additional Information

Price Per Sqft
$321
Days on Market
73
Style
Log
Stories
2
Interior Features
High Ceilings
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
Basement
Finished, Walkout
Roof
Metal
Fireplace Features
Electric
Heating
Central, Heat Pump
Cooling
Central Air, Other
Sewer
Septic Tank
Water
Well

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Tennessee Elite Realty.

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