1940 Wears Valley Rd, Sevierville, TN 37862

Beds
7
Baths
16
Sqft
10,578

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Listed byTennessee Elite Realty
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Overview

MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT 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 additional build sites--creating an opportunity to expand your 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.

Location

Full feature list

Basic info

Property type
House
Number of stories
2
Number of bedrooms
7
Number of bathrooms
16
Square feet
10,578
Lot size (acres)
20.60
Year built
1968

Interior features

Basement
Yes, Finished
Fireplaces
3

Exterior features

Water view
Yes
Waterfront
Waterfront, Stream, Creek
Horse amenities
Stable

Utilities

Heating
Heat Pump, Central
Cooling
Heat Pump, Central Air
Sewer
Septic System
Water
Well

Taxes

Tax Annual Amount (2025)
$8,363.11

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Great Smoky Mountains Association MLS®#: 311491 Last checked:

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