1940 Wears Valley Rd, Sevierville, TN 37862
Local realty services provided by:Better Homes and Gardens Real Estate Gwin 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 WITH PRIVATE BRIDGE AND PAVED ROAD THROUGHOUT 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:63 day(s) ago
- Updated:June 27, 2026 at 06:13 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, Heat Pump
Structure and exterior
- Year built:1968
- Building area:10,578 sq. ft.
- Lot area:20.6 Acres
- Lot Features:Creek, 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
$699,900Active2 beds 3 baths1,440 sq. ft.640 Sunrise Blvd, Sevierville, TN 37862
MLS# 1346260Listed by: MOUNTAIN HOME REALTY - New
$949,999Active3 beds 3 baths3,640 sq. ft.3158 Nevils Way, Sevierville, TN 37876
MLS# 1346261Listed by: MOUNTAIN HOME REALTY - New
$399,900Active1.91 AcresLot 40 Laughing Pine Lane, Sevierville, TN 37862
MLS# 1346223Listed by: THE FERGUSON COMPANY - New
$1,100,000Active3 beds 3 baths2,466 sq. ft.3225 Emerald Springs Loop, Sevierville, TN 37862
MLS# 1346224Listed by: TN SMOKY MTN REALTY - New
$375,000Active3.2 Acres00 Top Rd, Sevierville, TN 37876
MLS# 1346228Listed by: KAREN WHITLOCK REALTY - New
$1,050,000Active3 beds 3 baths2,054 sq. ft.4449 Whetstone Rd, Sevierville, TN 37862
MLS# 1346211Listed by: REAL BROKER - New
$1,069,000Active3 beds 3 baths3,103 sq. ft.3047 Redtail Road Rd, Sevierville, TN 37862
MLS# 1346219Listed by: TN SMOKY MTN REALTY - New
$449,909Active3 beds 2 baths1,216 sq. ft.3039 Lona Drive, Sevierville, TN 37862
MLS# 1344447Listed by: YOUR HOME SOLD GUARANTEED REAL - New
$649,990Active3 beds 4 baths2,310 sq. ft.2243 Wingspan Drive, Sevierville, TN 37876
MLS# 1344497Listed by: YOUR HOME SOLD GUARANTEED REAL - New
$799,999Active4 beds 4 baths2,445 sq. ft.1109 Antelope Way, Sevierville, TN 37862
MLS# 1346169Listed by: YOUR HOME SOLD GUARANTEED REAL