Sevierville, TN 37862,1940 Wears Valley Rd
Sevierville, TN 37862,1940 Wears Valley Rd
Sevierville, TN 37862,1940 Wears Valley Rd
60
See all 60 photos
$3,689,900
Est. payment /mo
7 BD
16 BA
10,578 SqFt
New

1940 Wears Valley Rd Sevierville, TN 37862

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UPDATED:

03/04/2025 03:02 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 10,578 sqft

Price per Sqft $348

Subdivision Quick Family Trust

MLS Listing ID 1291933

Style Cabin,Log,Chalet

Bedrooms 7

Full Baths 13

Half Baths 3

Originating Board East Tennessee REALTORS® MLS

Year Built 1968

Lot Size 20.600 Acres

Acres 20.6

Property Sub-Type Single Family Residence

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!***

Location

State TN

County Sevier County - 27

Area 20.6

Rooms

Basement Walkout, Finished

Dining Room Formal Dining Area

Interior

Interior Features Cathedral Ceiling(s), Pantry, Eat-in Kitchen

Heating Central, Heat Pump, Propane, Electric

Cooling Wall Cooling, Central Cooling, Ceiling Fan(s)

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Other

Fireplace Yes

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer

Heat Source Central, Heat Pump, Propane, Electric

Exterior

Exterior Feature Deck, Porch - Covered

Parking Features Main Level

Garage Description Main Level

View Other, Country Setting, Wooded

Garage No

Building

Lot Description River, Private, Wooded

Faces Take Hwy 66 towards Pigeon Forge Take a Right on to Wears Valley Road property on R. See sign.

Sewer Septic Tank

Water Well

Architectural Style Cabin, Log, Chalet

Additional Building Gazebo

Structure Type Wood Siding,Log,Frame

Others

Restrictions No

Tax ID 104 010.00

Security Features Smoke Detector

Energy Description Electric, Propane

Virtual Tour https://tour.usamls.net/1940-Wears-Valley-Rd-Sevierville-TN-37862/unbranded


Listed by Tennessee Elite Realty

GET MORE INFORMATION

agent

Ben Lunsford

Agent | License ID: 365866

+1(206) 719-6739

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1940 Wears Valley Rd