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$3,400,000 $321/sq ft
Active 121 days on market

1940 Wears Valley Rd

Sevierville, TN 37862 · Quick Family Trust · Sevier County

7 beds 14.5 baths 10,578 sq ft 20.6 acres 1968 built

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About this property

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.

Facts & features

Overview

Type
Residential · Single Family Residence
Style
2 Story
Tax jurisdiction
County (unincorporated)
HOA
None
Year built
1968
Price / sq ft
$321
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Interior

Bath detail
13 full, 3 half
Building area
10,578 sq ft
Basement / foundation
Finished, Walk-Out Access

Lot & exterior

Lot size
20.6 acres
WoodedWaterfrontPrivateCreekRiver

Parking

Main Level

Views

Mountain ViewWoodedOther

Listing details

MLS #
1338303
Status
Active
Days on market
121 days

Location

1940 Wears Valley Rd, Sevierville, TN 37862 Quick Family Trust · Sevier County Open in Maps

Listing courtesy of Tennessee Elite Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.