1940 Wears Valley Rd, Sevierville, TN 37862

$1,200,000
Property Type: Single Family Bedrooms: 7 Square Footage: 8,044 Lot Size (sq. ft.): 871,200 Status: Closed
Current Price: $1,200,000 List Date: 7/01/2017 Last Modified: 11/16/2019

Overview

Description

Fantastic investment opportunity! Private, unique retreat on a crystal clean mountain stream. Seven cabins on 20 forested acres, with proven rental income just minutes from the main Parkway in the middle of Pigeon Forge. (1.) ''Nikhia's Loft'' is a 1BR ''honeymoon cabin'' w/ $26k rentals for 2016. (2.) ''Nature's Dream'' is a 3BR (plus loft), sleeps 10, w/ $44k rentals for 2016. (3.) ''Rolling Creek'' is a 2BR, sleeps 4, w/ $34k rentals for 2016. (4.) ''On the Creek'' is a 7BR, sleeps 17, w/ $87k rentals for 2016. (5.) ''Hillside Haven'', built in 2008, is a 3BR, sleeps 12, w/ $52K rentals for 2016. (6.) ''Whispering Brook'' is currently leased to the caretaker for the property for $500 per month. (7.) ''Secret Hideaway'' is the personal cabin used by the owners. It's a 4BR and

Supplements: rental market. Some cabins are located on the stream while others have a view of the stream. It is a beautiful, pristine, stream with rock outcroppings perfect for picnics. The sounds of the rushing water will lull you to sleep and the gazebo next to the stream has been the site for many romantic weddings. Whether you are looking for a family ...

Listing Details MLS# 1004393

Location Tax Legal Info

House #
1940
Street Name
Wears Valley
St Suffix
Rd
State/Province
TN
Zip Code
37862
PIN #
104 010.00

Contract Info

Auction Y/N
No
Listing Price
1599000

General Property Description

Type
Other
Acres
20
Site Built
Yes
Restrictions
No
SqFt - Total (Aprox)
8044
# Bedrooms
7
Baths - Full
18
Baths - 1/2
3
# of Rooms
60
Fireplace
Yes
# Fireplace
7
Property Status
N/A
HOA
No
Year Built
1960
Bonus Room
No

Status Change Info

Status Change Date
2017-09-14
Under Contract Date
2017-08-20
Sold Date
2017-09-14

Sewer

Sewer Info
Spetic

Water

Water Info
Community System

More Information

Property Features

Style: Cabin Construction: Log Siding: Log Basement: Crawl Space Lot Description: Level; Private; Wooded View: Mountain View Fireplace: Gas Log Floors: Hardwood; Other Fuel: Electric; Gas (Natural) Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling; Window Unit(s) Appliances: Dishwasher; Microwave; Range; Refrigerator; Smoke Detector; Washer Other Rooms: Great Room Misc Features: Hot Tub; Washer/Dryer Connect Exterior Features: Deck; Patio Outbuildings: Gazebo Showing: See Agent Instructns New Financing: Cash; Conventional
IDX
Listing Office: Crye-Leike Realtors, South
Last Updated: November - 16 - 2019
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