1940 Wears Valley Rd, Sevierville, TN 37862
New
$3,400,000
Property Type:
Single Family
Bedrooms:
7
Square Footage:
10,578
Lot Size (sq. ft.):
897,336
Status:
Active
Current Price:
$3,400,000
List Date:
4/25/2026
Last Modified:
4/25/2026
Listing Details MLS# 1338303
Location Tax Legal Info
- House #
- 1940
- Street Name
- Wears Valley
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37862
- PIN #
- 104 01000 000
- Subdivision
- Quick Family Trust
Contract Info
- Auction Y/N
- No
- Listing Price
- 3400000
General Property Description
- Type
- 2 Story
- Acres
- 20.6
- Acre Source
- Tax Records
- Site Built
- Yes
- Restrictions
- No
- SqFt - Total (Aprox)
- 10578
- # Bedrooms
- 7
- Baths - Full
- 13
- Baths - 1/2
- 3
- Fireplace
- Yes
- # Fireplace
- Yes
- Property Status
- N/A
- HOA
- No
- Year Built
- 1968
- Bonus Room
- Yes
- # of Rooms
- 0
- SqFt - Main Lvl
- 0
- SqFt - Down Lvl
- 0
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- Basement
- Yes
Status Change Info
- Status Change Date
- 2026-04-25
Location, Tax & Legal Info
- Area
- Sevier County - 27
- Property Sub-Type
- Residential
- City/County Code
- County
- Total Tax
- 8363.11
Remarks & Misc
- Directions
- Take Hwy 66 towards Pigeon Forge Take a Right on to Wears Valley Road property on R. See sign.
- Public Remarks
- 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 approximately 8 more build sites--creating an opportunity to expand into a 15+ cabin 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.
More Information
Atchd/Dtchd Type
- Detached
- Yes
Style
- Cabin
- Yes
- Chalet
- Yes
- Log
- Yes
Construction
- Frame
- Yes
- Log
- Yes
Siding
- Log
- Yes
- Wood
- Yes
Fireplace
- Other
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Cooling
- Yes
- Wall Cooling
- Yes
Floors
- Carpet
- Yes
- Hardwood
- Yes
- Tile
- Yes
Garage/Parking
- Main Level
- Yes
Basement
- Finished
- Yes
- Walkout
- Yes
Lot Description
- Private
- Yes
- River
- Yes
- Wooded
- Yes
Fuel
- Electric
- Yes
- Propane
- Yes
View
- Country Setting
- Yes
- Wooded
- Yes
- Other
- Yes
Heat
- Central
- Yes
- Heat Pump
- Yes
Dining Area
- Formal Dining Area
- Yes
- Kitchen/Dining Rm Co
- Yes
- Living Rm/Dining Rm
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Self Cleaning Oven
- Yes
- Smoke Detector
- Yes
- Washer
- Yes
Exterior Features
- Deck
- Yes
- Porch - Covered
- Yes
Misc Features
- Cathedral Ceiling(s)
- Yes
- Hot Tub
- Yes
- Pantry
- Yes
- Washer/Dryer Connect
- Yes
- Whirlpool Tub
- Yes
Sewer
- Septic Tank
- Yes
Water
- Well
- Yes
Outbuildings
- Gazebo
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- Exchange
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Style:
Cabin; Chalet; Log
Construction:
Frame; Log
Siding:
Log; Wood
Basement:
Finished; Walkout
Lot Description:
Private; River; Wooded
View:
Country Setting; Wooded; Other
Fireplace:
Other
Floors:
Carpet; Hardwood; Tile
Fuel:
Electric; Propane
Heat:
Central; Heat Pump
Cooling:
Ceiling Fan(s); Central Cooling; Wall Cooling
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer
Sewer:
Septic Tank
Water:
Well
Misc Features:
Cathedral Ceiling(s); Hot Tub; Pantry; Washer/Dryer Connect; Whirlpool Tub
Exterior Features:
Deck; Porch - Covered
Outbuildings:
Gazebo
Dining Area:
Formal Dining Area; Kitchen/Dining Rm Co; Living Rm/Dining Rm
Showing:
See Agent Instructns
New Financing:
Cash; Conventional; Exchange
Deed ›
IDX
Listing Office:
Tennessee Elite Realty
Office Phone: 865-280-4922
Last Updated: April - 25 - 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.
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