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Recreational Land with Home for Sale in Sevierville, Tennessee

1940 Wears Valley Rd, Sevierville, TN 37862

$3,400,000
20.6 acres
Active sale
Est $18,068/mo

MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT 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 additional build sites--creating an opportunity to expand your 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.

10,578
Sq feet
7
Beds
13
Full baths
3
1/2 baths
1968
Built

Location

Street address
1940 Wears Valley Rd
Zip code
37862
Elevation
1,094 feet
Coordinates
35.7719, -83.6194

Directions

Take Hwy 66 towards Pigeon Forge

Take a Right on to Wears Valley Road property on R. See sign.

Property details

Acreage
20.6 acres
MLS #
REALTRACS 3307527
Posted

Property taxes

Recent
$8,363

Parcels

  • 104 01000 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Financing
Conventional
Possession
Close of Escrow

Lot

Size Source
Agent Calculated
Terrain
Views, Wooded
Waterfront
Creek
Features
Views, Wooded

Exterior

Parking
Asphalt
Outdoor Spaces
Covered, Deck

Structure

Style
Log
Stories
2
Basement
Finished, Walk-Out Access
Water
Well
Sewer
Septic Tank
Cooling
Central Air
Materials
Block, Frame, Wood Siding
Roof
Metal

Interior

Flooring
Carpet, Tile, Wood
Fireplace Count
3
Fireplaces
Electric
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
Features
High Ceilings

Property utilities

CategoryTypeStatus
SewageSeptic SystemConnected
WaterPrivate WellConnected

Listing history

DateEventPriceChangeSource
Apr 24, 2026New listing$3,400,000GSMAR
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This 20.6-acre property is located at 1940 Wears Valley Rd in Sevierville, TN 37862. The property is available for sale, priced at $3,400,000. It has a 10,578 square foot 7-bedroom, 14.5-bath house built in 1968.

Checked 2 hours agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Sept 9, 2026 5:00 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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