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1940 Wears Valley Rd, Sevierville, TN 37862
1940 Wears Valley Rd, Sevierville, TN 37862
1940 Wears Valley Rd, Sevierville, TN 37862
1940 Wears Valley Rd, Sevierville, TN 37862
1940 Wears Valley Rd, Sevierville, TN 37862
1940 Wears Valley Rd, Sevierville, TN 37862
1940 Wears Valley Rd, Sevierville, TN 37862

1940 Wears Valley Rd Sevierville, TN 37862

$3,400,000

ACTIVE
Beds
7
Baths
16
Sqft
10,578
Acres
20.6
Year
1968
Days on Site
7 Days
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$321
Date Listed
Apr 23, 2026

Description of 1940 Wears Valley Rd, Sevierville, TN 37862

Listing details for 1940 Wears Valley Rd, Sevierville, TN 37862 : MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT WITH PRIVATE BRIDGE AND PAVED ROAD THROUGHOUT 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 approximately 8 more build sites--creating an opportunity to expand into a 15+ cabin 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.
Listing Updated : 09-21-2026 at 10:42 AM CDT
Listing Provided By

Charity Brown, Tennessee Elite Realty

Source

East Tennessee Realtors, MLS#: 1338303

For more information on this listing contact us at 865-213-2899

Property History

DateEventPrice
4/23/2026
Listed for sale
$3,400,000 0%
$321/sqft
Source:Realtracs MLS #RTC3307527
4/23/2026
Listed for sale
$3,400,000 +183.3%
$321/sqft
Source:East Tennessee Realtors #1338303
9/14/2017
Sold
$1,200,000 0%
$113/sqft
Source:Realtracs MLS #RTC2968828
9/14/2017
Sold
$1,200,000 -27.3%
$113/sqft
Source:East Tennessee Realtors #1004393
5/26/2017
Listed for sale
$1,650,000
$156/sqft
Source:Realtracs MLS #RTC2968828
5/26/2017
Listed for sale
—
Source:East Tennessee Realtors #1004393
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For more information on this listing contact us at 865-213-2899