About 1940 Wears Valley Road
MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT FEATURING 5 LUXURY INCOME-PRODUCING CABINS SITUATED ON 20.60 ACRES AND SURROUNDED BY A RUSHING MOUNTAIN STREAM (COVE CREEK) IN THE PIGEON FORGE AREA! BEING SOLD FULLY FURNISHED WITH SIGNIFICANT UPSIDE AND EXPANSION POTENTIAL! This rare offering includes five established STR cabins currently operating on the overnight rental program, along with multiple additional build opportunities. Two previous cabin sites are already equipped with septic and ready for redevelopment, plus the acreage offers the potential for additional build sites--creating an opportunity to expand your portfolio. Located just minutes from the Parkway with easy access to top attractions like Dollywood, Gatlinburg, and Great Smoky Mountains National Park, this property combines convenience with a serene mountain setting. Positioned directly off Wears Valley Rd with its own private road, the development features NO STEEP ROADS--an extremely desirable and rare feature for guests and investors alike. Guests will love the peaceful creekside setting, paved access throughout, and the privacy of a true mountain retreat while still being close to everything the Smokies have to offer. Cabin configurations currently include a mix of 1BR, 3BR, 4BR, and 7BR units, allowing for a diverse rental strategy targeting couples, families, and large groups. Whether you're looking to scale an existing STR portfolio or develop a high-performing investment community from the ground up, this property delivers flexibility, location, and long-term upside.
Features of 1940 Wears Valley Road
| MLS® # | 311491 |
|---|---|
| Price | $3,400,000 |
| Bedrooms | 7 |
| Bathrooms | 16.00 |
| Full Baths | 13 |
| Half Baths | 3 |
| Square Footage | 10,578 |
| Acres | 20.60 |
| Year Built | 1968 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Cabin, Chalet, Log |
| Status | Active |
Community Information
| Address | 1940 Wears Valley Road |
|---|---|
| Area | Sevierville |
| Subdivision | Other |
| City | Sevierville |
| County | Sevier |
| State | TN |
| Zip Code | 37862 |
Amenities
| Parking | Asphalt, Off Street |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Creek, Stream, Waterfront |
| Has Pool | Yes |
| Pool | Hot Tub |
Interior
| Interior Features | Cathedral Ceiling(s), Kitchen/Dining Combo, Living/Dining Combo, Soaking Tub |
|---|---|
| Appliances | Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer |
| Heating | Central, Heat Pump |
| Cooling | Central Air, Heat Pump |
| Fireplace | Yes |
| # of Fireplaces | 3 |
| Fireplaces | Electric, Other |
| Stories | Two |
| Has Basement | Yes |
| Basement | Finished, Walk-Out Access |
Exterior
| Exterior | Block, Frame, Log, Wood Siding |
|---|---|
| Lot Description | Views, Waterfront, Wooded, See Remarks |
| Roof | Metal |
| Construction | Block, Frame, Log, Wood Siding |
Additional Information
| Zoning | R1 |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |