3307 Valley High Rd, Sevierville, TN 37862

$1,100,000
Property Type: Single Family Bedrooms: 5 Square Footage: 4,200 Lot Size (sq. ft.): 54,450 Status: Closed
Current Price: $1,100,000 List Date: 4/10/2023 Last Modified: 6/03/2026

Overview

Description

This is an exceptional opportunity to acquire a profitable rental property located in a highly desirable vacation destination. The property boasts a unique feature, allowing it to be rented as either a 5-bedroom or a 3-bedroom and 2-bedroom configuration, thereby catering to various group sizes. Furthermore, it comprises two rentals on a single plot, providing a potential source of additional income. We have secured a guarantee of $170,000 in gross revenue from a reputable local property management firm at an 80/20 revenue sharing arrangement. The primary residence is well-appointed with three bedrooms and two bathrooms, complemented by a game room and theater room. The guest house includes two bedrooms and one bathroom, a capacious living area, and an adjacent game room. Additionally, the property offers captivating views of Cove Mountain from every angle. We have matterports of all three buildings, but our system will only let us upload one. Please reach out if you'd like to se ...

Listing Details MLS# 1223314

Location Tax Legal Info

House #
3307
Street Name
Valley High
St Suffix
Rd
State/Province
TN
Zip Code
37862
PIN #
124 039.21
Subdivision
Valley Home Estates

Contract Info

Auction Y/N
No
Listing Price
1100000
Occupancy
Either

General Property Description

Type
1 1/2 Story
Acres
1.25
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
4200
SqFt - Main Lvl
4200
# Bedrooms
5
Baths - Full
3
# of Rooms
11
Fireplace
Yes
# Fireplace
Yes
Property Status
N/A
HOA
No
Year Built
1995
Bonus Room
Yes
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
Basement
Yes

Status Change Info

Status Change Date
2023-05-31
Under Contract Date
2023-04-18
Sold Date
2023-05-31

Location, Tax & Legal Info

Area
Sevier County - 27
Property Sub-Type
Residential
Community
Wears Valley
City/County Code
County
Elementary School
Wearwood
Middle School
Pigeon Forge
Total Tax
1190.66
High School
Pigeon Forge

Remarks & Misc

Directions
Take US-321 S/Wears Valley Rd to Robeson Rd 17 min (9.4 mi) Turn right onto Parkway 1.5 mi Use the left 2 lanes to turn left onto Wears Valley Rd 0.2 mi Continue onto E Old Wears Valley Rd 217 ft Continue onto US-321 S/Wears Valley Rd Pass by Taco Bell (on the right) 7.6 mi Continue on Robeson Rd. Take Valley Home Rd to Valley High Rd 3 min (1.2 mi) Turn left onto Robeson Rd 0.7 mi Turn left onto Covemont Rd 0.2 mi Continue straight onto Valley Home Rd 0.3 mi Turn left onto Valley High Rd
Public Remarks
This is an exceptional opportunity to acquire a profitable rental property located in a highly desirable vacation destination. The property boasts a unique feature, allowing it to be rented as either a 5-bedroom or a 3-bedroom and 2-bedroom configuration, thereby catering to various group sizes. Furthermore, it comprises two rentals on a single plot, providing a potential source of additional income. We have secured a guarantee of $170,000 in gross revenue from a reputable local property management firm at an 80/20 revenue sharing arrangement. The primary residence is well-appointed with three bedrooms and two bathrooms, complemented by a game room and theater room. The guest house includes two bedrooms and one bathroom, a capacious living area, and an adjacent game room. Additionally, the property offers captivating views of Cove Mountain from every angle. We have matterports of all three buildings, but our system will only let us upload one. Please reach out if you'd like to see a virtual walkthrough of each building.

More Information

Atchd/Dtchd Type

Detached
Yes

Style

Cabin
Yes

Construction

Log
Yes

Siding

Log
Yes

Fireplace

Gas Log
Yes

Cooling

Central Cooling
Yes

Floors

Vinyl
Yes

Garage/Parking

Main Level
Yes
Off-Street Parking
Yes

Basement

Finished
Yes

Lot Description

Rolling Slope
Yes

Fuel

Electric
Yes
Propane
Yes

View

Mountain View
Yes

Heat

Central
Yes

Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Other Rooms

Mstr Bdrm Main Level
Yes

Exterior Features

Deck
Yes

Misc Features

Internet Available
Yes

Sewer

Septic Tank
Yes

Water

Well
Yes

Outbuildings

Guest House
Yes

New Financing

Cash
Yes
Conventional
Yes
Exchange
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Cabin Construction: Log Siding: Log Basement: Finished Lot Description: Rolling Slope View: Mountain View Fireplace: Gas Log Floors: Vinyl Fuel: Electric; Propane Heat: Central Cooling: Central Cooling Appliances: Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Washer Sewer: Septic Tank Water: Well Other Rooms: Mstr Bdrm Main Level Misc Features: Internet Available Exterior Features: Deck Outbuildings: Guest House Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange
IDX
Listing Office: Realty Executives Smoky Mountains
Last Updated: June - 03 - 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. 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.
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