LKV Realty
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$3,400,000
$7,200Reward *
1940 Wears Valley Road, Sevierville, TN 37862Listing ID 3307527

1940 Wears Valley Road, Sevierville, TN 37862

Active
Time on site: 110 daysLast updated: Jul 27, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
7
Bathrooms
Bathrooms
16
Square Feet
Square Feet
10,578
Acres
Acres
20.6
Days on Site
Days on Site
110
Cooling
Cooling
Central Air, Other
Heating
Heating
Central, Heat Pump
Year Built
Year Built
1968
Stories
Stories
2
Parking
Parking
Asphalt

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.

Property Information

Property Details

Location

Address
1940 Wears Valley Road
County
Sevier County, TN
City
Sevierville
Zip Code
37862

Interior Features

Beds and Baths

Bedrooms
7
Full Bathrooms
13
Half Bathrooms
3

Building

Building Information

Square Feet
10,578
Year Built
1968
Stories
2
Construction
Block, Frame, Log, Wood Siding
Roof
Metal

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$8,363
Tennessee Elite Realty, (865) 280-4922

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: Realtracs
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Based on information submitted to the MLS GRID as of 11 Aug 2026, 08:50 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RTC683117