Skip to main contentSkip to navigation
1 / 68

Land with Home for Sale in Sevierville, Tennessee

1940 Wears Valley Rd, Sevierville, TN 37862

$3,400,000
20.6 acres
Active sale
ago
Est $17,005/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
Community
Sevierville
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
Zoning
R1
MLS #
GSMAR 311491
Posted

Property taxes

2025
$8,363

Parcels

  • 104 01000 000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Garage, Off Street
Pool
Deck, Porch
Structures
Gazebo

Structure

Stories
2
Basement
Finished, Walk-Out Access
Water
Well
Sewer
Septic Tank
Heating
Central, Heat Pump
Cooling
Central Air
Materials
Frame, Log

Interior

Rooms
Basement, Bathroom x 16, Bedroom x 7, Dining Room
Flooring
Carpet, Hardwood, Tile
Fireplaces
Yes
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
Cathedral Ceiling(s), Kitchen/Dining Combo, Living/Dining Combo

Listing history

DateEventPriceChangeSource
Apr 24, 2026New listing$3,400,000GSMAR
Subscribe to listing updates

Payment calculator

This 20.6-acre property is located at 1940 Wears Valley Rd in Sevierville, TN 37862. The property is available for sale for $3,400,000. It has a 10,578 sq ft 7 bedroom, 13 bath house built in 1968.

Checked 1 hour ago — Updated

Report listing issue

Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact