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
Documents
Listing Office:
eXp Realty, LLC
IDX
Office Phone: 888-519-5113
Last Updated: April - 17 - 2026
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