LKV Realty
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$599,900
$2,900Reward *
121 & 141 Spring St, Sevierville, TN 37862Listing ID 1328451

121 & 141 Spring St, Sevierville, TN 37862

Active
L P Yett Farm
Time on site: 188 daysLast updated: May 1, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Days on Site
Days on Site
209
Cooling
Cooling
Central Air, None
Heating
Heating
Central, None, Electric
Year Built
Year Built
1997
Garages
Garages
2
Parking
Parking
Individual Carports, Detached, Off Street

2 HOMES, 4 PARCELS, 5.33 Acres in Sevier County, TN Investor Opportunity, OWNER WILLING TO SPLIT= PLEASE CALL AN AGENT FOR MORE INFORMATION Rare Multi-Home Investment in Sevier County! This incredible investment package includes three homes across four separate parcels (totaling 5.33 acres) being sold together—with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region—a prime destination for development, restoration, or long-term investment. Property Overview: 121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use. 141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels. Why Investors Will Love It: With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming—with rising property values, tourism growth, and increasing demand for quality long-term housing—making this property an excellent candidate for renovation, expansion, or multi-parcel resale. Motivated sellers are ready to make a deal—this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!

Property Information

Property Details

Location

Address
121 & 141 Spring St
County
Sevier County - 27
City
Sevierville
Zip Code
37862
Subdivision
L P Yett Farm
MLS Area
Sevier County - 27

Interior Features

Heating and Cooling

Cooling
Central Air, None
Heating
Central, None, Electric

Building

Building Information

Year Built
1997
Construction
Frame
Roof
Other, Shingle

Property Taxes

Tax Annual Amount
$727
Jackson Real Estate & Auction, (865) 397-4214

Market Report for 37862

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: East Tennessee Realtors®
East Tennessee Realtors® logo

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

For corrections to this data please contact Brytecore MLS Support.

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