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Active 231 days on market

2749 Owls Cove Way

Sevierville, TN 37862 · Cedar Falls Phase 3 · Sevier County

$1,400,000

$99,900 price cut · Sep 30

Beds
3
Baths
3.5
Sq ft
4,441
Acres
0.87
Built
2025

Listing courtesy of Tennessee Elite Realty · MLS #1332188

Description

***SHORT SALE OPPORTUNITY- SUBJECT TO LENDER APPROVAL!

3BR INDOOR GUNITE POOL CABIN WITH BONUS ROOM, AN IN GROUND HOT TUB IN THE OVER-THE-TOP INDOOR POOL ROOM, STATE OF THE ART ARCADE GAMEROOM, AND AMPLE PARKING FOR MULTIPLE VEHICLES! MANY VALUE-ADD OPPORTUNITIES HERE WITH AMPLE OUTDOOR SPACE, PARKING, AND EASY ACCESS NO STEEP ROADS!

Projected annual revenue of approximately $220K! Whether you're looking for a luxury STR investment, income-producing property, or value-add opportunity, this one checks all the boxes. Don't miss your chance to capitalize on built-in equity and strong income potential!

Designed with STR investors and large groups in mind, this property features ample parking for multiple vehicles, no steep roads, and an open-concept layout perfect for entertaining. The kitchen island seating flows seamlessly into the dining and living areas with granite countertops and stainless appliances which, creates an inviting space for guests to gather and relax. Enjoy the luxury King bedrooms suites or the kids bunk room with double bunks! All the bedrooms are spacious and the bathrooms are out of this world for a spa like experience with the soaking tub and walk-in tiled showers. This property is setup to maximize sleep space and give guests an experience like no offer! Enjoy a premium guest experience with an oversized indoor pool room, extensive covered outdoor decking, walk-in showers, and a soaking tub. The home includes three master suites with en-suite bathrooms, offering comfort and privacy for multiple guests. The large lot provides room to add an outdoor firepit area, and the layout offers ample space to add more amenities or possibly an outdoor sauna.

Located in an upscale STR-friendly community with beautiful views, an outdoor pool, playgrounds, and covered bridge. This property offers the combination of location, amenities, and accessibility that today's investors are looking for. *Some photos in this listing may include virtual staging for illustrative purposes. 'Mural on pool room wall is to show a concept and is not currently on the wall. Property includes appliances, bunk beds, ping pong, and arcade games as seen in photos. hot tub on deck photo is for illustrative purposes only and not included but is setup for a hot tub to be added.

**Check out the 3D tour and video! 🎥 Check out the property video! Simply copy and paste the link below into your web browser to enjoy the full video tour. If you receive an error message, just click 'Watch on YouTube' to view the video. https://www.youtube.com/embed/wygizwR_FdU

Details

Home

Type
Residential · Single Family Residence
Style
2 Story Basement
Year built
2025
Living area
4,441 sq ft
Bedrooms
3
Bathrooms
3 full, 1 half
Basement
Finished
Parking
Off Street, Assigned

Interior

Flooring
Luxury Vinyl Plank
Fireplaces
1
Appliances
Dishwasher, Microwave, Range, Refrigerator
Features
Cathedral Ceiling(s)
Also
Washer/Dryer Connect, Hot Tub, Walk-in Shower, Cathedral Ceiling(s), Indoor Pool

Exterior

Construction
Block, Frame, Wood Siding
Architecture
Cabin
Pool
In Ground

Land

Lot size
0.87 acres
Lot
Wooded
Views
Mountain View
Deed restrictions
Yes

Utilities

Water
Public
Sewer
Septic
Heating
Central, Electric

Listing

MLS #
1332188
Status
Active
On market
231 days
Listed
Mar 11, 2026
Finances
Property tax
County only
Outside city limits
HOA
$868/yr
Mandatory dues
Price per sq ft
$315
4,441 sq ft

Price history

Sep 30, 2026
Price cut
$1,400,000 −$99,900
Before
Listed
$1,499,900

Accepted

  • Cash
  • Conventional

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Location
Neighborhood
Cedar Falls Phase 3
County
Sevier
ZIP
37862

Drive times

  • Pigeon Forge 20 min
  • Sevierville 30 min
  • Maryville 45 min
  • Douglas Lake 60 min
  • downtown Knoxville 60 min
  • McGhee Tyson Airport 60 min
Approximate, by road

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Listing courtesy of Tennessee Elite Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1332188.