1940 Wears Valley Road, Sevierville, Tennessee 37862

TN, Sevierville
$3,400,000
  • Active Status
  • 83 Dayz On Cribz Total Days
  • Residential Property Type
  • 7 Beds Total Bedrooms
  • 16 Baths Full + Half Bathrooms
  • 10578 Total Sqft $321/sqft
  • 20.6 Acres Lot/Land Size
  • 1968 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
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.

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 3307527
  • Price: $3,400,000
  • Half Bathrooms: 3
  • Full Bathrooms: 13
  • Square Footage: 10,578 Sqft
  • Year Built: 1968
  • Lot Area: 20.60 Acre
  • Office Name: Tennessee Elite Realty
  • Agent Name: Charity Brown
  • Property Sub Type: Single Family Residence
  • Roof: Metal
  • Listing Status: Active
Location Info
  • Street Number: 1940
  • Street: Wears Valley Road
  • City Sevierville
  • State TN
  • Zipcode 37862
  • County Sevier County, TN
  • Subdivision Other
  • Longitude: W84° 22' 50.1''
  • Latitude: N35° 46' 18.8''
  • Directions: Take Hwy 66 towards Pigeon Forge Take a Right on to Wears Valley Road property on R. See sign.
Features
  • Heating System Other
  • Cooling System Central Air, Other
  • Basement Finished, Walk-Out Access
  • Fireplace Electric
  • Patio Covered, Deck
  • Parking Asphalt
  • Waterfront Features Creek
  • Architectural Style Log
  • Fireplaces Total 3
  • Flooring Wood, Carpet, Tile
  • Interior Features High Ceilings
  • Sewer Septic Tank
Appliances
  • Dishwasher
  • Microwave
  • Refrigerator
  • Dryer
  • Washer
  • Electric Range
  • Oven
Additional Info
  • Water Source: Well
  • Building Size: 10,578 Sqft
  • Construction Materials: Block, Wood Siding, Frame, Log
  • Levels: Three Or More
  • Lot Features: Wooded, Views
  • On Market Date: July 27th, 2026
  • Previous Price: $3,400,000
  • Stories: 2
Financial
  • Annual Tax Amount: $8,363
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Aug 25th, 2026 @ 5:34pm
  • Status Change Timestamp: Apr 23rd, 2026 @ 5:00am
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