1940 Wears Valley Rd
Sevierville, TN 37862 · Quick Family Trust · Sevier County
$3,400,000
- Beds
- 7
- Baths
- 14.5
- Sq ft
- 10,578
- Acres
- 20.6
- Built
- 1968
Listing courtesy of Tennessee Elite Realty · MLS #1338303
Description
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 A TOTAL OF 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 potential of multiple additional build opportunities on the adjoining acreage. Two previous cabin sites are also part of this property. This is your opportunity to have your own cabin development with room to expand and create an expansive 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.
Details
Home
- Type
- Residential · Single Family Residence
- Style
- 2 Story
- Year built
- 1968
- Living area
- 10,578 sq ft
- Bedrooms
- 7
- Bathrooms
- 13 full, 3 half
- Basement
- Finished, Walk-Out Access
- Parking
- Main Level
Interior
- Rooms
- Basement Rec Room
- Flooring
- Carpet, Tile, Hardwood
- Fireplaces
- 1
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer
- Features
- Eat-in Kitchen, Pantry, Cathedral Ceiling(s)
- Also
- Washer/Dryer Connect, Whirlpool Tub, Pantry, Hot Tub, Cathedral Ceiling(s)
Exterior
- Construction
- Frame, Log, Wood Siding
- Architecture
- Log, Chalet, Cabin
- Porch & patio
- Porch - Covered
- Other structures
- Gazebo
Land
- Lot size
- 20.6 acres
- Lot
- Wooded, Waterfront, Private, Creek, River
- Views
- Mountain View, Wooded
- Deed restrictions
- None
Utilities
- Water
- Well
- Sewer
- Septic
- Heating
- Central, Heat Pump
Listing
- MLS #
- 1338303
- Status
- Active
- On market
- 186 days
- Listed
- Apr 25, 2026
Finances
- Property tax
- County only
- Outside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $321
- 10,578 sq ft
Price history
- Apr 25, 2026
- Listed
- $3,400,000
Accepted
- Cash
- Conventional
- 1031 Exchange
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Location
- Neighborhood
- Quick Family Trust
- County
- Sevier
- ZIP
- 37862
Drive times
- Pigeon Forge 15 min
- Sevierville 25 min
- Douglas Lake 60 min
- downtown Knoxville 60 min
- Maryville 60 min
- McGhee Tyson Airport 60 min
- UT Medical Center 60 min
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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 # 1338303.