2414 Walnut Cove Way Way, Sevierville, TN 37862

New
$1,625,000
Property Type: Single Family Bedrooms: 4 Square Footage: 4,227 Lot Size (sq. ft.): 70,567 Status: Active
Current Price: $1,625,000 List Date: 4/17/2026 Last Modified: 4/17/2026

Overview

Description

Privately positioned within a peaceful cul-de-sac on nearly two acres of park-like grounds, this exceptional true-log mountain retreat offers a rare combination of scale, privacy, and sweeping Smoky Mountain views--paired with impressive short-term rental performance. Currently on track to generate approximately $170,000 in rental revenue for 2026, the property presents a compelling opportunity for both refined personal enjoyment and high-level investment in East Tennessee's thriving vacation market. The grounds are as remarkable as the residence itself. A **spacious, level yard--an uncommon feature in the mountains--**provides ample room for gathering, recreation, and outdoor enjoyment, all framed by long-range vistas. Enhancing the experience, expansive wraparound decking and covered outdoor entertainment areas create multiple settings for dining, hosting, and relaxation. A built-in gas grill, fire feature, and private hot tub offer a seamless outdoor lifestyle, while park-style grills, a dedicated picnic area, and an added recreation space with a basketball hoop create a dynamic environment for guests of all ages. Inside, the home reflects the warmth of authentic log construction paired with thoughtful design across multiple levels. The main level is anchored by an inviting great room featuring a dramatic stacked-stone fireplace and rich timber finishes. The adjoining kitchen offers solid-surface countertops, a peninsula with a newly installed cooktop (2024), and convenient access to a half bath and laundry. The primary suite is generously scaled, featuring a spa-style bath with jetted tub and separate shower. Upstairs, two well-appointed bedrooms--including a private king suite and a queen suite--capture elevated mountain views, complemented by a flexible sitting area ideal for games or quiet retreat. The daylight lower level expands the home's versatility with additional sleeping accommodations, including a king suite with direct hot tub access and a spacious bunk room. A large recreation room features a second fireplace, billiards, foosball, and lounge space, along with access to a covered patio that extends the indoor-outdoor living experience. A newly completed private theater room adds a final layer of entertainment, offering seating for six and a 100-inch screen for an immersive cinematic experience. While the septic system is permitted for four bedrooms, an additional room with a closet provides flexible use for owners or guests. With its rare usable acreage, expansive outdoor living spaces, authentic craftsmanship, and projected $170K+ annual rental performance, this Smoky Mountain estate represents a distinctive opportunity for those seeking a private mountain retreat with meaningful investment return in one of East Tennessee's most desirable destinations.

Listing Details MLS# 1337201

Location Tax Legal Info

House #
2414
Street Name
Walnut Cove Way
St Suffix
Way
State/Province
TN
Zip Code
37862
PIN #
114D B 01700 000
Subdivision
Dogwood Farms Phase V

Contract Info

Auction Y/N
No
Listing Price
1625000
Occupancy
Either

General Property Description

Type
3 Story
Acres
1.62
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
4227
SqFt - Main Lvl
2629
SqFt - Down Lvl
1598
# Bedrooms
4
Baths - Full
5
Baths - 1/2
Yes
# of Rooms
15
Fireplace
Yes
# Fireplace
2
Property Status
N/A
HOA
Mandatory
HOA Fee
450
HOA Freq
Yearly
HOA Contact
Dogwood Farms, Jim Gibbs
Year Built
2003
Bonus Room
Yes
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
Basement
Yes

Status Change Info

Status Change Date
2026-04-17

Location, Tax & Legal Info

Area
Sevier County - 27
Property Sub-Type
Residential
City/County Code
County
Total Tax
2885.63

Remarks & Misc

Directions
Starting on the Parkway in Pigeon Forge, Take traffic light #3 onto Wears Valley Rd. Continue on Wears Valley Rd for 6.2 miles. Turn LEFT onto Valley View Rd. go 0.7 miles stay straight onto Little Cove Rd for 1.2 miles. Slight RIGHT onto Bench Mtn Way (turning into Dogwood Farms). Continue 0.2. turn onto slight RIGHT onto Black Bear Ridge 0.3. Turn LEFT onto Walnut Ridge Way. Destination on the LEFT In a Cul de sac- see sign.
Public Remarks
Privately positioned within a peaceful cul-de-sac on nearly two acres of park-like grounds, this exceptional true-log mountain retreat offers a rare combination of scale, privacy, and sweeping Smoky Mountain views--paired with impressive short-term rental performance. Currently on track to generate approximately $170,000 in rental revenue for 2026, the property presents a compelling opportunity for both refined personal enjoyment and high-level investment in East Tennessee's thriving vacation market. The grounds are as remarkable as the residence itself. A **spacious, level yard--an uncommon feature in the mountains--**provides ample room for gathering, recreation, and outdoor enjoyment, all framed by long-range vistas. Enhancing the experience, expansive wraparound decking and covered outdoor entertainment areas create multiple settings for dining, hosting, and relaxation. A built-in gas grill, fire feature, and private hot tub offer a seamless outdoor lifestyle, while park-style grills, a dedicated picnic area, and an added recreation space with a basketball hoop create a dynamic environment for guests of all ages. Inside, the home reflects the warmth of authentic log construction paired with thoughtful design across multiple levels. The main level is anchored by an inviting great room featuring a dramatic stacked-stone fireplace and rich timber finishes. The adjoining kitchen offers solid-surface countertops, a peninsula with a newly installed cooktop (2024), and convenient access to a half bath and laundry. The primary suite is generously scaled, featuring a spa-style bath with jetted tub and separate shower. Upstairs, two well-appointed bedrooms--including a private king suite and a queen suite--capture elevated mountain views, complemented by a flexible sitting area ideal for games or quiet retreat. The daylight lower level expands the home's versatility with additional sleeping accommodations, including a king suite with direct hot tub access and a spacious bunk room. A large recreation room features a second fireplace, billiards, foosball, and lounge space, along with access to a covered patio that extends the indoor-outdoor living experience. A newly completed private theater room adds a final layer of entertainment, offering seating for six and a 100-inch screen for an immersive cinematic experience. While the septic system is permitted for four bedrooms, an additional room with a closet provides flexible use for owners or guests. With its rare usable acreage, expansive outdoor living spaces, authentic craftsmanship, and projected $170K+ annual rental performance, this Smoky Mountain estate represents a distinctive opportunity for those seeking a private mountain retreat with meaningful investment return in one of East Tennessee's most desirable destinations.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Cabin
Yes

Construction

Frame
Yes

Fireplace

Gas Log
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Other
Yes

Garage/Parking

None
Yes

Basement

Finished
Yes
Walkout
Yes

Lot Description

Irregular Lot
Yes
Level
Yes
Rolling Slope
Yes

Fuel

Electric
Yes

View

Mountain View
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Exterior Features

Deck
Yes

Misc Features

Cathedral Ceiling(s)
Yes
Hot Tub
Yes
Walk-in Shower
Yes
Washer/Dryer Connect
Yes

Sewer

Septic Tank
Yes

Water

Well
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Cabin Construction: Frame Basement: Finished; Walkout Lot Description: Irregular Lot; Level; Rolling Slope View: Mountain View Fireplace: Gas Log Floors: Other Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Septic Tank Water: Well Misc Features: Cathedral Ceiling(s); Hot Tub; Walk-in Shower; Washer/Dryer Connect Exterior Features: Deck Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: eXp Realty, LLC
IDX
Office Phone: 888-519-5113
Last Updated: April - 17 - 2026
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