1940 Wears Valley Road, Sevierville, TN 37862

$3,400,000
7
BD
16
BA
10,578
SqFt

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List Price
$3,400,000
MLS#
311491
Status
ACTIVE
Type
Single Family Residential
City
Sevierville
County
Sevier
Bedrooms
7
Bathrooms
16
Living Area
10,578
Lot Size
897,336
Year Built
1968
Subdivision
Other
Occupancy
Either

Property Description

MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT 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 additional build sites--creating an opportunity to expand your 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.

Additional Information

Acres
20.60
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Basement
Finished, Walk-Out Access
Cooling
Central Air, Heat Pump
Fireplace
Yes
Living Area
10,578
Style
Cabin, Chalet, Log
Year Built
1968
Zoning
R1

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Calculator source: Real Geeks

Agent: Charity Brown |

Office: Tennessee Elite Realty |

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .