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$3,699,900
183 Days Online

1940 Wears Valley Rd
Sevierville, TN 37862

For Sale|Single Family Residence|Active
7
Beds
13
Full Baths
3
Partial Baths
10,578
SqFt
$350
/SqFt
1968
Built
Subdivision:
Quick Family Trust
County:
Sevier County - 27

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1940 Wears Valley Rd1940 Wears Valley Rd1940 Wears Valley Rd1940 Wears Valley Rd
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PRIME INVESTMENT OPPORTUNITY!! OWN YOUR OWN TURNKEY CABIN DEVELOPMENT SURROUNDED BY A RUSHING MOUNTAIN STREAM (COVE CREEK) WITH 5 LUXURY INCOME PRODUCING SHORT TERM RENTAL CABINS BEING SOLD FULLY FURNISHED SITTING ON 20.60 ACRES IN THE PIGEON FORGE, TN AREA WITH ROOM TO EXPAND AND BUILD ADDITIONAL CABINS! GROSS INCOME FOR 2021 WAS $374,989. Two additional build sites that had cabins ready to rebuild already have septic and potential of 8 additional build sites on the additional acreage! You can't beat this location only minutes to Pigeon Forge attractions, Dollywood, Gatlinburg, and the Smoky Mountains National Park. Easy access location NO STEEP ROADS and highly visible location. Fronts Wears Valley Rd. with its own private road into the development. Enjoy the picturesque setting and chance to develop and have a portfolio of approx. 15+ cabins! Nicely paved roads to access. The possibilities are endless- the sky is the limit! Must see! **Cabins are currently being rented on the overnight rental program as follows: 1BR, 3BR, 7BR, 4BR, and 3BR.***CHECK OUT THE VIDEO TOUR TO SEE THE PROPERTY BY DRONE!***

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Listing Snapshot
Price 
$3,699,900
Days Online 
183 Days
Bedrooms 
7
Inside Area (SqFt) 
10,578 sqft
Total Baths 
16
Full Baths 
13
Partial Baths 
3
Lot Size 
20.6 Acres
Year Built 
1968
MLS® Number 
1258187
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoPrice changed to $3,699,900
6 months agoStatus changed to Active
6 months agoListing first seen online
6 months agoListing updated with changes from the MLS®
General Features
Acres 
20.6
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
SqFt Total 
10578
Style 
CabinLogChalet
Interior Features
Appliances 
OvenDishwasherDryerMicrowaveRangeRefrigeratorSelf Cleaning OvenWasher
Basement 
Finished
Cooling 
Central AirCeiling Fan(s)
Fireplace 
Yes
Fireplace Features 
Other
Fireplaces 
1
Flooring 
CarpetHardwoodTile
Heating 
CentralHeat PumpPropaneElectric
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Exterior Features
Construction Details 
OtherWood SidingLogFrame
Lot Features 
PrivateWooded
Other Structures 
Gazebo
Patio And Porch 
DeckCovered
View 
Trees/Woods
Waterfront 
Yes
Waterfront Features 
River Front
Waterview 
Trees/Woods
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Sevier County - 27
Listing courtesy of Charity Brown of Tennessee Elite Realty

Copyright © 2024 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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