Veterans United Realty
60 Photos

1940 Wears Valley Rd, Sevierville, TN 37862

$3,699,900 Asking Price

7 beds
16 baths
10,578  sqft
Built in 1968

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!***

Listing Status:
Active
Date Added:
December 6, 2023 — 299 days ago
Listing Office:
Tennessee Elite Realty
Office Phone:
865-280-4922
MLS ID:
1258187

Features & Amenities

Interior

General:
Cathedral Ceiling(s), Pantry, Eat-in Kitchen
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
Basement:
Finished, Walkout
Flooring:
Carpet, Hardwood, Tile
A/C:
true, Central Cooling, Wall Cooling, Ceiling Fan(s)
Heating:
true, Central, Heat Pump, Propane, Electric
Fireplace:
Other, Fireplaces: 1

Exterior

General:
Porch - Covered, Deck, Gazebo
Style:
Cabin, Log, Chalet
Parking:
Main Level

Construction

General:
Other, Wood Siding, Log, Frame

Location

County:
Sevier County - 27

Lot

Zoning:
104 010.00
View:
Country Setting, Wooded

Utilities

Water:
Well
Sewer:
Septic Tank

This listing courtesy of:
Tennessee Elite Realty

About Sevierville, TN

Housing

Number of Units
33,362
Median Home Value
$204,918
Median Rent
$668

29.15% of housing units are renter occupied.

28.79% are vacant.

Commute

Car
86.76%
Public Transportation
0.71%
Walk to Work
0.54%
Work from Home
10.69%
Other
0.44%

The median travel time to work is 24 minutes.

People

Population
58,372
Median Age
43.40
Median Household Size
2.70

Education

High School
38.63%
Associate’s Degree
7.21%
Bachelor’s Degree
13.01%
Graduate Degree
5.72%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

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Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: September 30, 2024 5:29 am.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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