1940 Wears Valley Rd, Sevierville, TN 37862

$3,400,000
Property Type: Single Family Bedrooms: 7 Square Footage: 10,578 Lot Size (sq. ft.): 897,336 Status: Active
Current Price: $3,400,000 List Date: 4/25/2026 Last Modified: 8/25/2026

Overview

Description

MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT WITH PRIVATE BRIDGE AND PAVED ROAD THROUGHOUT 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 approximately 8 more build sites--creating an opportunity to expand into a 15+ cabin 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 V ...

Listing Details MLS# 1338303

Location Tax Legal Info

House #
1940
Street Name
Wears Valley
St Suffix
Rd
State/Province
TN
Zip Code
37862
PIN #
104 01000 000
Subdivision
Quick Family Trust

Contract Info

Auction Y/N
No
Listing Price
3400000

General Property Description

Type
2 Story
Acres
20.6
Acre Source
Tax Records
Site Built
Yes
Restrictions
No
SqFt - Total (Aprox)
10578
# Bedrooms
7
Baths - Full
13
Baths - 1/2
3
Fireplace
Yes
# Fireplace
Yes
Property Status
N/A
HOA
No
Year Built
1968
Bonus Room
Yes

Status Change Info

Status Change Date
2026-04-25

More Information

Property Features

Style: Cabin; Chalet; Log Construction: Frame; Log Siding: Log; Wood Basement: Finished; Walkout Lot Description: Creek; Private; River; Waterfront; Wooded View: Mountain View; Wooded; Other Fireplace: Electric Floors: Carpet; Hardwood; Tile Fuel: None Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling; Wall Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer Sewer: Septic Tank Water: Well Other Rooms: Basement Rec Room Misc Features: Cathedral Ceiling(s); Hot Tub; Pantry; Washer/Dryer Connect; Whirlpool Tub Exterior Features: Deck; Porch - Covered Outbuildings: Gazebo Dining Area: Formal Dining Area; Kitchen/Dining Rm Co; Living Rm/Dining Rm Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange
IDX
Listing Office: Tennessee Elite Realty
Last Updated: August - 25 - 2026
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