1940 Wears Valley Road
Sevierville, TN, 37862 · Other
$3,400,000
Active · MLS# 3307527 · Listed by Tennessee Elite Realty · (865) 280-4922
6 photos on this listing (86 reported by the MLS). Ask us to screen-share the full set on a call.
7
16
10,578 sq ft
20.60 ac
1968
- Property type
- Single Family Residence
- County
- Sevier County, TN
- Subdivision
- Other
- Full baths
- 13
- Half baths
- 3
- Levels
- Three Or More
- New construction
- No
- Days on market
- 60
- On market since
- 2026-07-27
From the listing brokerage
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.
Description supplied by Tennessee Elite Realty through the MLS and shown unedited.
Interior
- High Ceilings
Lot
- Views
- Wooded
Parking
- Asphalt
Basement
- Finished
- Walk-Out Access
Waterfront
- Creek
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1940 Wears Valley Road (MLS# 3307527)
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We are not the listing brokerage on this home. We represent you.
Listing information last refreshed September 14, 2026 at 8:38 AM CDT.
Listings courtesy of Realtracs as distributed by MLS GRID
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