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Active 224 days on market

1293 Laurel Lick Rd

Sevierville, TN 37862 · Sevier County

$1,950,000

$400,000 price cut · Oct 14

Beds
4
Baths
3
Sq ft
4,800
Acres
23.74
Built
1995

Listing courtesy of Sevier-LPT Realty · MLS #1333227

Description

Don't miss the video! 6 Designated Sleeping Areas. This property presents some unique opportunities not found often in the area!

**Opportunities of this scale are becoming increasingly rare in the Smoky Mountains.** Set on 23.74 private acres, this exceptional income-producing **hospitality estate** offers the rare combination of an established short-term rental, outstanding privacy, resort-style amenities, and the opportunity to create **a destination within one of America's premier vacation destinations.**

Designed to comfortably accommodate large groups with **six distinct sleeping areas**, the property delivers an experience that extends far beyond a traditional mountain retreat. Guests can enjoy the private pickleball court, swimming pool, hot tub, private pond, pool table, shuffleboard, foosball, expansive gathering spaces, and the privacy and natural beauty that continue to make the Smoky Mountains one of the nation's most sought-after travel destinations.

The existing residence provides immediate income potential while serving as the foundation for an even greater vision. A preliminary development concept has been prepared illustrating the potential for **at least 13 additional units**. The concept has been designed to conform with current planning guidance for average slope and minimum lot size requirements, providing a strong framework for buyers exploring future expansion.

What truly separates this property is its exceptional flexibility. Buyers can continue operating the existing income-producing retreat, create a private mountain estate or family compound, thoughtfully expand the property over time while maintaining ongoing revenue, develop additional accommodations for long-term ownership, or pursue a phased development strategy that creates multiple future exit opportunities. Few properties combine immediate operational income with the ability to adapt to so many different ownership and investment objectives.

The expansive acreage is the true differentiator. While the existing improvements provide immediate operational value, the land creates the opportunity to thoughtfully enhance the guest experience through future amenities and additional accommodations or to execute a larger development vision. Whether the objective is to build and hold, build and sell, create a legacy estate, or maximize long-term value through strategic development, the property offers a level of optionality that is exceptionally difficult to duplicate in today's Smoky Mountain market.

Ideally located just minutes from Pigeon Forge, Dollywood, Gatlinburg, Great Smoky Mountains National Park, shopping, dining, and area attractions, the property offers the rare balance of seclusion and convenience that today's homeowners, developers, hospitality operators, and investors all value.

Properties offering nearly 24 acres, established income, resort-style amenities, documented expansion potential, and multiple ownership and exit pathways are exceptionally uncommon. Historical operating information, financial projections, preliminary development materials, and conceptual expansion information are available upon request.

Full Offering Memorandum available upon request.

Details

Home

Type
Residential · Single Family Residence
Style
2 Story
Year built
1995
Living area
4,800 sq ft
Bedrooms
4
Bathrooms
3 full
Basement
Crawl Space
Parking
Main Level, Off Street

Interior

Rooms
Addl Living Quarter, Great Room, Bedroom Main Level, Split Bedroom, Laundry/Utility, Den/Study, Family Room, Extra Storage, Mstr Bdrm Main Level
Flooring
Carpet, Tile, Hardwood
Fireplaces
1
Appliances
Dishwasher, Range, Refrigerator, Washer, Dryer
Features
Eat-in Kitchen, Walk-In Closet(s), Cathedral Ceiling(s)
Also
Washer/Dryer Connect, Walk-In Closet(s), Hot Tub, Walk-in Shower, Cathedral Ceiling(s)

Exterior

Construction
Frame, Wood Siding
Architecture
Cottage, Cabin
Porch & patio
Porch - Covered, Patio
Other structures
Storage
Pool
In Ground, Above Ground

Land

Lot size
23.74 acres
Lot
Wooded, Rolling Slope, Pond on Lot, Creek
Views
Mountain View, Wooded, Country Setting, Seasonal Mountain View
Deed restrictions
None
Permitted use
Overnight or permanent

Utilities

Water
Private
Sewer
Septic
Heating
Central, Propane, Electric

Listing

MLS #
1333227
Status
Active
On market
224 days
Listed
Mar 18, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues
Price per sq ft
$406
4,800 sq ft

Price history

Oct 14, 2026
Price cut
$1,950,000 −$400,000
Before
Listed
$2,350,000

Accepted

  • Cash
  • VA Loan
  • Other
  • Conventional
  • USDA/Rural
  • THDA

Instant pre-approval

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Call (865) 535-7119
Location
County
Sevier
ZIP
37862

Drive times

  • Pigeon Forge 20 min
  • Sevierville 30 min
  • Maryville 60 min
Approximate, by road

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Listing courtesy of Sevier-LPT Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1333227.