1. Tennessee
  2. Sevierville
  3. 1940 Wears Valley Road
$3,689,900

1940 Wears Valley Road, Sevierville, TN 37862

  • 7 beds |
  • 16 baths |
  • 10,578 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon20.6acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $349/sqft
  • Property List Date Icon Listed 4 months ago

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.***CHECK OUT THE VIDEO TOUR TO SEE THE PROPERTY BY DRONE!***

Listing Status:
Active
Date Added:
May 16, 2025 at 05:00AM
Listing Office:
Tennessee Elite Realty : 865-280-4922
MLS ID:
305235
  • General: Cathedral Ceiling(s)Kitchen/Dining ComboLiving/Dining Combo
  • Appliances: DishwasherDryerElectric RangeMicrowaveRefrigeratorSelf Cleaning OvenWasher
  • Basement: FinishedWalk-Out Access
  • Flooring: CarpetHardwoodTile
  • A/C: Central Air
  • Heating: CentralHeat Pump
  • Fireplace: OtherFireplaceFireplaces: 1

This listing courtesy of Tennessee Elite Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pigeon Forge Primary School

1766 Waldens Creek Rd, Sevierville, TN, 37862

Grades PK-3

1.37 miles away

P

Pigeon Forge Junior High School

300 Wears Valley Rd, Pigeon Forge, TN, 37863

Grades 7-9

2.89 miles away

P

Pigeon Forge High School

414 Tiger Dr, Pigeon Forge, TN, 37863

Grades 10-12

2.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.