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
Instant pre-approval
Get pre-approved before you tour.
Answer a few quick questions about your income and expenses by phone, and get pre-approved on the spot.
- Takes 3 minutes
- No credit pull
- Fully automated
- Available 24/7
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
- UT Medical Center 60 min
Track this home
Don't miss a price drop.
It already dropped $99,900 on Sep 30. We'll email you when anything changes.
- Price drops
- Status changes
- Open houses
Similar homes
See allSearch by what you like here
Listing courtesy of Tennessee Elite Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1332188.