Recreational Land with Home for Sale in Sevierville, Tennessee
1940 Wears Valley Rd Sevierville, TN 37862
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
Directions
In Pigeon Forge take Wears Valley Rd to property on R. See sign.
Location
- Street Address
- 1940 Wears Valley Rd
- County
- Sevier County
- Community
- Wears Valley
- Elevation
- 1,079 feet
Property details
- Zoning
- R1
- MLS Number
- GSMAR 304220
- Date Posted
Property taxes
- 2023
- $5,167
Parcels
- 104 010.00
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Structure
- Cooling
- Wall Unit(s) A/C
- Heating
- Central Furnace, Fireplace, Heat Pump
Exterior
- Parking
- Driveway, Off Street
- Features
- Covered, Deck, Porch, Private, Wooded
Interior
- Rooms
- Bathroom x 5, Bedroom x 5
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Dec 18, 2024 | New listing | $3,689,900 | — | GSMAR |