2570 Herb Ownby Way, Sevierville, TN 37862
$4,750,000










Property Type:
Lots & Acreage
Lot Size (sq. ft.):
6,205,533
Status:
Active
Current Price:
$4,750,000
List Date:
2/10/2025
Last Modified:
8/27/2025
Description
SHOVEL READY in approx. 60-90 days! Stunning 142-acre Wears Valley property with panoramic mountain views. Approved for PUBLIC WATER and fully entitled for 80 spacious lots across 105 of the acres, with additional ridge line acreage for future expansion. Ideal for short-term rental resort or residential community.
Key Features:
- Approved Public Water - Accessible at Little Cove Rd.
- Zoning: Residential (fully entitled)
- Topography: Gently rolling with panoramic mountain views
- Strategic Location - 0.2 miles off Wears Valley Rd, minutes to GSMNP (most visited US Nat'l Park), less than 7 miles to the main Parkway in Pigeon Forge and approx. 11 miles to Gatlinburg.
- Highly Accessible - within a day's drive of 70% of the U.S. population plus easily accessible with no steep inclines.
- Road Frontage - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd.
- Natural Beauty - Borders Cove Creek, providing a serene and picturesque environment.
- Groundwork in Place - Contractor referrals for infrastructure, horizontal and vertical development available upon request, making this an incredible opportunity for builders and investors. Buyer to perform their own contractor due diligence.
- Unparalleled Investment Opportunity - located in Sevier County, TN, a tourism powerhouse generating approximately $4.4 billion in annual visitor spending and attracting 12-15 million visitors annually.
- Robust Tourism - consistently demonstrating growth, fueled by its accessibility, variety of attractions, and the increasing popularity of outdoor recreation and family-oriented travel experiences.
The property's combination of scenic views, strategic location, and development potential make it a rare find in Wears Valley. Drone photos not indicative of view. Owner/Agent.
More Information MLS# 1286539
Location, Tax & Legal Info
Area: Sevier County - 27
City/County Code: County
Total Tax: 3853.18
Contract Info
Auction Y/N: No
Listing Price: 4750000
Current Price: $4,750,000
Status: Active
Listing Date: 2025-01-09
General Property Description
Lot Dimensions: IRR
Lot Size SqFt: 6205533
Acres: 142.46
Acre Source: Tax Records
Restrictions: No
HOA Fee: 0
Property Status: N/A
Remarks & Misc
Directions: From Sevierville: take the Parkway towards Pigeon Forge. Right on Wears Valley Rd (stoplight #3). Left on Valley View Rd. Left on Herb Ownby Way (see signage).
Public Remarks: SHOVEL READY in approx. 60-90 days! Stunning 142-acre Wears Valley property with panoramic mountain views. Approved for PUBLIC WATER and fully entitled for 80 spacious lots across 105 of the acres, with additional ridge line acreage for future expansion. Ideal for short-term rental resort or residential community.
Key Features:
- Approved Public Water - Accessible at Little Cove Rd.
- Zoning: Residential (fully entitled)
- Topography: Gently rolling with panoramic mountain views
- Strategic Location - 0.2 miles off Wears Valley Rd, minutes to GSMNP (most visited US Nat'l Park), less than 7 miles to the main Parkway in Pigeon Forge and approx. 11 miles to Gatlinburg.
- Highly Accessible - within a day's drive of 70% of the U.S. population plus easily accessible with no steep inclines.
- Road Frontage - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd.
- Natural Beauty - Borders Cove Creek, providing a serene and picturesque environment.
- Groundwork in Place - Contractor referrals for infrastructure, horizontal and vertical development available upon request, making this an incredible opportunity for builders and investors. Buyer to perform their own contractor due diligence.
- Unparalleled Investment Opportunity - located in Sevier County, TN, a tourism powerhouse generating approximately $4.4 billion in annual visitor spending and attracting 12-15 million visitors annually.
- Robust Tourism - consistently demonstrating growth, fueled by its accessibility, variety of attractions, and the increasing popularity of outdoor recreation and family-oriented travel experiences.
The property's combination of scenic views, strategic location, and development potential make it a rare find in Wears Valley. Drone photos not indicative of view. Owner/Agent.
Property Sub-Type
Farm: 1
Recreational: 1
Rural: 1
Single Family: 1
Topography
Level: 1
Partially Cleared: 1
Rolling: 1
Road Access
Public Road: 1
Road Frontage
County: 1
Paved: 1
Sale Options
Fee Simple: 1
Improvements
None: 1
Lot Description
Creek: 1
Level: 1
Rolling Slope: 1
Wooded: 1
Easements
Typical Subdivision: 1
View
Country Setting: 1
Mountain View: 1
Documents on File
Survey: 1
Developmnt Potential
Farm: 1
Multi-Family: 1
Single Family: 1
Subdivision: 1
Utilities Available
Electricity: 1
Water: 1
Zoning
Zoned Residential: 1
Present Structures
None: 1
New Financing
Cash: 1
Conventional: 1
New Loan: 1
Showing Instructions
See Agent Instructns: 1
Location Tax Legal Info
House #: 2570
Street Name: Herb Ownby
St Suffix: Way
State/Province: TN
Zip Code: 37862
PIN #: 114 061.00
Geo Lat: 35.745193
Geo Lon: -83.622217
Status Change Info
Status Change Date: 2025-01-09
Property Features
Property Sub-Type: Farm; Recreational; Rural; Single Family
Topography: Level; Partially Cleared; Rolling
Road Frontage: County; Paved
Road Access: Public Road
Sale Options: Fee Simple
Improvements: None
Easements: Typical Subdivision
Lot Description: Creek; Level; Rolling Slope; Wooded
View: Country Setting; Mountain View
Documents on File: Survey
Developmnt Potential: Farm; Multi-Family; Single Family; Subdivision
Utilities Available: Electricity; Water
Zoning: Zoned Residential
Present Structures: None
New Financing: Cash; Conventional; New Loan
Showing Instructions: See Agent Instructns
Listing Office: Real Broker
Office Phone: 844-591-7325
Last Updated: August - 27 - 2025
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