121 & 141 Spring St, Sevierville, TN 37862

$575,000
Property Type: Multi-Family Status: Active
Current Price: $575,000 List Date: 2/04/2026 Last Modified: 2/12/2026

Description

2 HOMES, 4 PARCELS, 5.33 Acres in Sevier County, TN Investor Opportunity, OWNER WILLING TO SPLIT= PLEASE CALL AN AGENT FOR MORE INFORMATION Rare Multi-Home Investment in Sevier County! This incredible investment package includes three homes across four separate parcels (totaling 5.33 acres) being sold together—with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region—a prime destination for development, restoration, or long-term investment. Property Overview: 121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use. 141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels. Why Investors Will Love It: With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming—with rising property values, tourism growth, and increasing demand for quality long-term housing—making this property an excellent candidate for renovation, expansion, or multi-parcel resale. Motivated sellers are ready to make a deal—this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!

More Information MLS# 1328451

Location, Tax & Legal Info

Area: Sevier County - 27 City/County Code: City Limits Total Tax: 726.81

Contract Info

Auction Y/N: No Listing Price: 575000 Current Price: $575,000 Status: Active Listing Date: 2026-02-04

General Property Description

Lot Dimensions: IRR Utilities/Mo Avg: 1150 Property Status: N/A Driveway: 2 Number of Units: 2 Year Built: 1997

Remarks & Misc

Directions: From Winfield Dunn Parkway take Right on W Main street. Turn Right on Old Knoxville HWY . And turn on Spring ST for the other 2 houses. Public Remarks: 2 HOMES, 4 PARCELS, 5.33 Acres in Sevier County, TN Investor Opportunity, OWNER WILLING TO SPLIT= PLEASE CALL AN AGENT FOR MORE INFORMATION Rare Multi-Home Investment in Sevier County! This incredible investment package includes three homes across four separate parcels (totaling 5.33 acres) being sold together—with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region—a prime destination for development, restoration, or long-term investment. Property Overview: 121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use. 141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels. Why Investors Will Love It: With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming—with rising property values, tourism growth, and increasing demand for quality long-term housing—making this property an excellent candidate for renovation, expansion, or multi-parcel resale. Motivated sellers are ready to make a deal—this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!

Property Sub-Type

Other: 1

Construction

Frame: 1

Type of Units

2 Bedroom Unit: 1 3 or more Bdrm Units: 1 Unfurnished: 1

Sale Includes

Building and Land: 1

Cooling

Central Cooling: 1 None: 1

Floors

Carpet: 1 Laminate: 1 Vinyl: 1

Garage/Parking

Garage Spaces: 2 Detached: 1 Individual Carports: 1 Off-Street Parking: 1

Fuel

Electric: 1

Heat

Central: 1 None: 1

Other Rooms

Other: 1

Roof

Other: 1 Shingle: 1

New Financing

Cash: 1 Conventional: 1

Location Tax Legal Info

House #: 121 & 141 Street Name: Spring St Suffix: St State/Province: TN Zip Code: 37862 PIN #: 049A A 021.00 Subdivision: L P Yett Farm Geo Lat: 35.883154 Geo Lon: -83.583406

Status Change Info

Status Change Date: 2026-02-04

Property Features

Property Sub-Type: Other Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Unfurnished Sale Includes: Building and Land Floors: Carpet; Laminate; Vinyl Fuel: Electric Heat: Central; None Cooling: Central Cooling; None Construction: Frame Roof: Other; Shingle Other Rooms: Other New Financing: Cash; Conventional
Listing Office: Jackson Real Estate & Auction
IDX
Office Phone: 865-397-4214
Last Updated: February - 12 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.