1940 Wears Valley Rd, Sevierville, TN 37862 Homes for Sale

For Sale

$3,699,900

• 7 beds
• 16 baths
• 10578 Sq Ft

1940 Wears Valley Road,
Sevierville, TN, 37862

Latitude 35.771496 - Longitude -83.618834

Want to view owner information?

View Report

Overview

Listing Status Active

MLS 267543

Property Type

Single Family

Year built

1968

Total rooms

7

Lot size

20.6 Acres

Time on NeighborWho

285 days

Stories

-

Price per Sq Ft

$350

Parking

0e0 car garage

Basement

-

About 1940 Wears Valley Road, Sevierville, TN

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 RANGING 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 VIRTUAL TOUR OF THE PROPERTY!! Read more

To connect right away call (865) 659-0254

Or send an email

Copyright Disclaimer: Copyright © 2024 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.