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1940 Wears Valley Road
Sevierville TN 37862 US

$4,500,000

Active Listing ID 267543
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7 bed
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16.00 Bath (13 Full Bath , 3 Half Bath)
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Lot: 20.60 Acres
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Single Family Residence

$4,500,000

Active Listing ID 267543
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1940 Wears Valley Road 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!!

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Property Features

  • Facts
  • Lot Size: 20.60 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 13
  • 1/2 Bathrooms: 3
  • Cooling System: Heat Pumps
  • Exterior Finish: Private, Wooded, Covered, Deck, Porch
  • Roof Type: Composition, Metal
  • Heating Fuels: Central Furnace, Heat Pump
  • Additional Features
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 4500000
  • unparsedaddress: 1940 Wears Valley Road
  • postalcity: Sevierville
  • stateorprovince: TN
  • country: US
  • postalcode: 37862
  • bathroomsfull: 13
  • bathroomshalf: 3
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 20.6
  • lotsizeunits: Acres
  • lotsizearea: 20.6
  • livingarea: 10578
  • livingareaunits: Square Feet
  • latitude: 35.771377
  • longitude: -83.618749
  • listagentfullname: Charity Brown
  • listagentemail: charitysellstn@gmail.com
  • listagentkey: 3yd-GSMARTN-1203
  • listagentmlsid: 1203
  • listagentpreferredphone: 8656590254
  • listagentofficephone: 8652804922
  • listofficekey: 3yd-GSMARTN-609
  • listofficemlsid: 609
  • 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.
  • sourcesystemid: GSMARTN
  • yearbuilt: 1968
  • listingcontractdate: 2023-12-06
  • countyorparish: Sevier
  • parcelnumber: 104 010.00
  • appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • cooling: Heat Pumps
  • constructionmaterials: Frame, Log, Log Siding, Wood Siding
  • heating: Central Furnace, Heat Pump
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway, Paved or Surfaced
  • roof: Composition, Metal
  • waterfrontyn: False
  • interiorfeatures: Cathedral Ceiling(s), Great Room, Solid Surface Counters
  • exteriorfeatures: Private, Wooded, Covered, Deck, Porch
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • patioandporchfeatures: Porch, Deck
  • poolprivateyn: False
  • spayn: False
  • vegetation: Wooded
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.618749, 35.771377
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Listing Changed: 4/25/2024 4:30:39 PM GMT
Source Updated Date: 4/28/2024 6:53:11 AM GMT

Courtesy of: Charity Brown, Tennessee Elite Realty, charitysellstn@gmail.com

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.

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