2414 Walnut Cove Way Way, Sevierville, TN 37862
Listing provided by: Janet Giffee · eXp Realty, LLC
Source: East Tennessee REALTORS® MLS · MLS# 1337201
Listing last updated
About this home
Privately positioned within a peaceful cul-de-sac on nearly two acres of park-like grounds, this exceptional true-log mountain retreat offers a rare combination of scale, privacy, and sweeping Smoky Mountain views--paired with impressive short-term rental performance. Currently on track to generate approximately $170,000 in rental revenue for 2026, the property presents a compelling opportunity for both refined personal enjoyment and high-level investment in East Tennessee's thriving vacation market. The grounds are as remarkable as the residence itself. A **spacious, level yard--an uncommon feature in the mountains--**provides ample room for gathering, recreation, and outdoor enjoyment, all framed by long-range vistas. Enhancing the experience, expansive wraparound decking and covered outdoor entertainment areas create multiple settings for dining, hosting, and relaxation. A built-in gas grill, fire feature, and private hot tub offer a seamless outdoor lifestyle, while park-style grills, a dedicated picnic area, and an added recreation space with a basketball hoop create a dynamic environment for guests of all ages. Inside, the home reflects the warmth of authentic log construction paired with thoughtful design across multiple levels. The main level is anchored by an inviting great room featuring a dramatic stacked-stone fireplace and rich timber finishes. The adjoining kitchen offers solid-surface countertops, a peninsula with a newly installed cooktop (2024), and convenient access to a half bath and laundry. The primary suite is generously scaled, featuring a spa-style bath with jetted tub and separate shower. Upstairs, two well-appointed bedrooms--including a private king suite and a queen suite--capture elevated mountain views, complemented by a flexible sitting area ideal for games or quiet retreat. The daylight lower level expands the home's versatility with additional sleeping accommodations, including a king suite with direct hot tub access and a spacious bunk room. A large recreation room features a second fireplace, billiards, foosball, and lounge space, along with access to a covered patio that extends the indoor-outdoor living experience. A newly completed private theater room adds a final layer of entertainment, offering seating for six and a 100-inch screen for an immersive cinematic experience. While the septic system is permitted for four bedrooms, an additional room with a closet provides flexible use for owners or guests. With its rare usable acreage, expansive outdoor living spaces, authentic craftsmanship, and projected $170K+ annual rental performance, this Smoky Mountain estate represents a distinctive opportunity for those seeking a private mountain retreat with meaningful investment return in one of East Tennessee's most desirable destinations.
Facts & features
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- Half bathrooms: 1
- Heating: Central, Electric
- Cooling: Central Cooling, Ceiling Fan(s)
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Features: Cathedral Ceiling(s)
- Flooring: Other
- Basement: Walkout, Finished
- Fireplaces: 2
- Total rooms: 15
- Total interior livable area: 4,227 sqft
- Attached garage: No
- Size: 1.62 acres · 70,567.2 sqft
- Features: Irregular Lot, Level, Rolling Slope
- Patio & porch: Deck
- View: Mountain View
- Parcel number: 114D B 01700 000
- Home type: Single Family
- Property subtype: Single Family Residence
- Structure: 3 Story
- Architectural style: Cabin
- Materials: Frame
- Year built: 2003
- Sewer: Septic Tank
- Water: Well
- Subdivision: Dogwood Farms Phase V
- County: Sevier County - 27
- MLS area: Sevier County - 27
- Region: Sevierville
- Has HOA: Yes
- HOA fee: $450 yearly
- Price: $1,625,000
- Price per square foot: $384/sqft
- Annual tax: $2,885.63
- Listing terms: Cash, Conventional
- Date on market: Apr 17, 2026
- Days on market: 126
- Status: Active
- MLS #: 1337201
Location
LMH Venture Group LLC d/b/a ListMyHomes.com™ acts only as a neutral facilitator — we don't represent buyers or sellers or show homes ourselves. We connect you with a licensed local agent to tour or make an offer. You pay us nothing to be connected; if a transaction results, ListMyHomes.com™ may receive a referral fee from the agent's brokerage — never from you.
