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$3,400,000
1940 Wears Valley Rd, Sevierville, TN 37862
Active72 days on market

Listing provided by: Charity Brown · Tennessee Elite Realty

Source: East Tennessee REALTORS® MLS · MLS# 1338303

East Tennessee REALTORS IDXListing last updated

7
Beds
13 full · 3 half
Baths
10,578
Sq Ft
1968
Year Built
20.6
Lot (ac)
Single Family
Type

About this home

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 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.

Facts & features

Interior
Bedrooms & bathrooms
  • Bedrooms: 7
  • Bathrooms: 16
  • Full bathrooms: 13
  • Half bathrooms: 3
Heating
  • Heating: Central, Heat Pump
Cooling
  • Cooling: Wall Cooling, Central Cooling, Ceiling Fan(s)
Appliances
  • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Features
  • Features: Cathedral Ceiling(s), Pantry, Eat-in Kitchen
  • Flooring: Carpet, Hardwood, Tile
  • Basement: Walkout, Finished
  • Fireplaces: 1
Rooms
  • Total rooms: 0
Interior area
  • Total interior livable area: 10,578 sqft
Property
Parking
  • Parking features: Main Level
  • Attached garage: No
Lot
  • Size: 20.6 acres · 897,336 sqft
  • Features: Creek, River, Private, Waterfront, Wooded
Exterior
  • Patio & porch: Porch - Covered, Deck
  • View: Other, Mountain View, Wooded
Details
  • Parcel number: 104 01000 000
Construction
Type & style
  • Home type: Single Family
  • Property subtype: Single Family Residence
  • Structure: 2 Story
  • Architectural style: Cabin, Log, Chalet
Materials
  • Materials: Wood, Log, Frame
Condition
  • Year built: 1968
Utilities
Utilities
  • Sewer: Septic Tank
  • Water: Well
  • Security: Smoke Detector
Community & HOA
Community
  • Subdivision: Quick Family Trust
  • County: Sevier County - 27
  • MLS area: Sevier County - 27
  • Region: Sevierville
Financial & listing details
Financial
  • Price: $3,400,000
  • Price per square foot: $321/sqft
  • Annual tax: $8,363.11
Listing
  • Date on market: Apr 25, 2026
  • Days on market: 72
  • Status: Active
  • MLS #: 1338303

Location

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