1940 Wears Valley Rd, Sevierville, TN 37862

Sevierville, TN, 37862

$3,400,000

1 / 60

Property facts

7Bedrooms

16Bathrooms

20.6 acresLot size

1968Year built

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Property story

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.

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Details behind the photos.

Subdivision: Quick Family Trust
Architectural style: Log, Chalet, Cabin
Construction: Frame, Log, Wood Siding
Interior features: Eat-in Kitchen, Pantry, Cathedral Ceiling(s)
Appliances: Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Dryer
Heating: Central, Heat Pump
Cooling: Ceiling Fan(s), Central Air, Wall Unit(s)
Fireplace: Electric
Parking: Main Level
View: Mountain View, Wooded, Other
Water source: Well
Sewer: Septic Tank
Annual tax: $8,363

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Live list price$3,400,000

Down payment

$680,000 down · $2,720,000 estimated loan

Interest rate

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The national mortgage-rate benchmark is not a personalized rate and may differ for investment properties, second homes, credit profiles, loan programs, points, and occupancy. This planning estimate is not a loan quote, APR, credit decision, approval, or guarantee of taxes, insurance, investment returns, or final ownership costs. Confirm financing terms and property-specific expenses with the appropriate licensed professionals and service providers.

Agent: Charity Brown

Office: Tennessee Elite Realty

Listing Update Timestamp: 2026-08-25T17:28:44Z