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1940 Wears Valley Rd, Sevierville, 37862
Priced At: $3,689,900
Property Details for ID: 1291933
SqFt: 10,578
Price SqFt: $349
Total Bedrooms: 7
Full Baths: 13 / Half Baths: 3
MLS Status: Active
Property Type: Residential
On Market Date: 2025-03-04T14:59:35Z
Subdivision: Quick Family Trust
Public Remarks: MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! OWN YOUR OWN TURNKEY CABIN DEVELOPMENT SURROUNDED BY A RUSHING MOUNTAIN STREAM (COVE CREEK) WITH 5 LUXURY INCOME PRODUCING SHORT TERM RENTAL CABINS BEING SOLD FULLY FURNISHED SITTING ON 20.60 ACRES IN THE PIGEON FORGE, TN AREA WITH ROOM TO EXPAND AND BUILD ADDITIONAL CABINS! GROSS INCOME FOR 2021 WAS $374,989. Two additional build sites that had cabins ready to rebuild already have septic and potential of 8 additional build sites on the additional acreage! You can't beat this location only minutes to Pigeon Forge attractions, Dollywood, Gatlinburg, and the Smoky Mountains National Park. Easy access location NO STEEP ROADS and highly visible location. Fronts Wears Valley Rd. with its own private road into the development. Enjoy the picturesque setting and chance to develop and have a portfolio of approx. 15+ cabins! Nicely paved roads to access. The possibilities are endless- the sky is the limit! Must see! **Cabins are currently being rented on the overnight rental program as follows: 1BR, 3BR, 7BR, 4BR, and 3BR.***CHECK OUT THE VIDEO TOUR TO SEE THE PROPERTY BY DRONE!***
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 1968
Total Rooms: 0
SqFt (Total): 10,578
SqFt (Main Lvl): 0
Full Baths: 13
1/2 Baths: 3
Fireplace: Yes
Bonus Room: Yes
Basement: Yes
Basement Type: Finished, Walkout
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 1
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
Take Hwy 66 towards Pigeon Forge Take a Right on to Wears Valley Road property on R. See sign.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!