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
2570 Herb Ownby Way, Sevierville, TN 37862- MLS# 1286539
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.