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7 Beds
16 Baths
10,578 sqft

$3,400,000

1940 Wears Valley Rd, Sevierville TN, 37862

Price per sqft$321.42
Built in1968
Property size10,578 sqft
Property typeResidential
Courtesy of Tennessee Elite Realty, Charity Brown

Overview

Active

Listed Apr 25, 2026

Updated 3 weeks ago

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.

$22,620/mo

Est. mortgage payment based on a $3,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1338303

Interior Features

Bedrooms
7
Bathrooms
16
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
20.6 Acres

Other Property Details

View
Yes

Courtesy of Tennessee Elite Realty, Charity Brown

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Data last updated 5:32 PM UTC, 8/25/2026

 

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