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Improved Mixed-Use Land for Sale in Pigeon Forge, Tennessee

11341138 Wears Valley Rd, Pigeon Forge, TN 37863

$1,700,000
7 acres
Active sale
$290k drop
Est $9,340/mo

This combined commercial and residential property presents an attractive redevelopment opportunity within the city limits of Pigeon Forge, a primary tourist destination. The property is located on Wears Valley Road, a high traffic 5-lane artery with a median for convenient ingress and egress. The combination of adjoining parcels totals approximately 6.95 acres (093 133.00, 140.00, 145.00, 146.00). The two parcels that front Wears Valley Road are commercially zoned (C-6) with a combined acreage of 1.55 acres, and each parcel is improved with a residential building (one built in 1961 and one built in 1975). The parcels in the back total approximately 5.40 acres and are mostly zoned R-2 for high density residential development. Access to the R-2 parcels will be through the front two C-6 zoned parcels. The property can be an outstanding fit for commercial use in the front, like restaurants and food services, professional services, and retail sales, with cabin and other high density residential development in the back property. The property seems well suited for a commercial retail/office development on the two commercial lots and a log cabin resort on the back high-density residential-zoned tract.

4,394
Sq feet
1961
Built

Location

Street address
11341138 Wears Valley Rd
Zip code
37863
Elevation
1,021 feet
Coordinates
35.7938, -83.6039

Directions

From the Parkway (US 441) in Pigeon Forge, turn at Light #3 onto Wears Valley Road. Go approximately 1.8 miles to property on right.

Property details

Acreage
6.95 acres
Zoning
C6; R2
MLS #
REALTRACS 3548482
Posted

Details and features

Listing

Type
Commercial Sale
Subtype
Mixed Use
Possession
Negotiable

Lot

Size Source
Survey

Listing history

DateEventPriceChangeSource
Mar 2, 2026Price drop$1,700,000$290,000 -14.6%GSMAR
Aug 3, 2024New listing$1,990,000GSMAR
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This 6.95-acre property is located at 11341138 Wears Valley Rd in Pigeon Forge, TN 37863. The property is available for sale, priced at $1,700,000. It has a 4,394 square foot structure built in 1961.

Checked 2 hours agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Sept 20, 2026 7:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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