1940 Wears Valley Rd, Sevierville, TN 37862
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
1940 Wears Valley Rd,Sevierville, TN 37862
$3,400,000
- 7 Beds
- 16 Baths
- 10,578 sq. ft.
- Single family
- Active
Listed by: charity brown
Office: tennessee elite realty
MLS#:1338303
Source:TN_KAAR
Price summary
- Price:$3,400,000
- Price per sq. ft.:$321.42
About this home
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 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....
Contact an agent
Home facts
- Year built:1968
- Listing ID #:1338303
- Added:1 day(s) ago
- Updated:April 25, 2026 at 07:09 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:16
- Full bathrooms:13
- Half bathrooms:3
- Flooring:Carpet, Hardwood, Tile
- Basement:Yes
- Basement Description:Finished, Walkout
- Living area:10,578 sq. ft.
Heating and cooling
- Cooling:Central Cooling, Wall Cooling
- Heating:Central, Electric, Heat Pump, Propane
Structure and exterior
- Year built:1968
- Building area:10,578 sq. ft.
- Lot area:20.6 Acres
- Lot Features:Wooded
- Architectural Style:Cabin, Chalet, Log
- Construction Materials:Frame, Log
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$3,400,000
- Price per sq. ft.:$321.42
Parking
- Parking description:Main Level
New listings near 1940 Wears Valley Rd
- New
$539,000Active1 beds 1 baths775 sq. ft.3571 Locust Ridge Rd, Sevierville, TN 37876
MLS# 1338302Listed by: LIVE IN THE SMOKYS - New
$629,900Active2 beds 3 baths3,492 sq. ft.1571 Rainbow Ridge Rd, Sevierville, TN 37862
MLS# 1338305Listed by: TENNESSEE ELITE REALTY - New
$385,000Active4 beds 3 baths1,496 sq. ft.1351 Wisteria Lane, Sevierville, TN 37862
MLS# 1338320Listed by: GREATER IMPACT REALTY LAKEWAY - New
$139,900Active3.12 AcresLot 21 &22 Walden Cove Way, Sevierville, TN 37862
MLS# 1338243Listed by: WALLACE - New
$152,000Active2 beds 2 baths1,200 sq. ft.110 Love Rd, Sevierville, TN 37862
MLS# 1338246Listed by: TN SMOKY MTN REALTY - New
$319,900Active2 beds 2 baths1,330 sq. ft.3521 Vonnie View Way, Sevierville, TN 37876
MLS# 1338256Listed by: KELLER WILLIAMS REALTY - New
$485,000Active2 beds 2 baths1,386 sq. ft.1031 Elm Circle, Sevierville, TN 37876
MLS# 1338257Listed by: UNITED REAL ESTATE SOLUTIONS - New
$1,150,000Active4 beds 6 baths2,959 sq. ft.2636 Cloud View Drive, Sevierville, TN 37862
MLS# 1338260Listed by: TN SMOKY MTN REALTY - New
$409,900Active1 beds 1 baths744 sq. ft.154 Smoky Mountain Way, Sevierville, TN 37876
MLS# 1338241Listed by: CENTURY 21 MVP