Land with Home for Sale in Sevierville, Tennessee
2865/2869 Happy Hollow Rd, Sevierville, TN 37862
SMOKY MOUNTAIN INVESTMENT OPPORTUNITY | 34 ACRES + 2 INCOME-PRODUCING HOMES RARE WEARS VALLEY OFFERING: Turn-key rental income TODAY + unlimited development potential TOMORROW. IMMEDIATE INCOME STREAM: - Home #1: 3BD/2BA | 1,727 SF | 2002 Build | $1,500+/mo potential - Attached 2-car garage + 20x20 detached garage + storage building - 2-year-old Generac generator (professionally installed) - Move-in ready with all appliances - Home #2: 3BD/2BA | 1,320 SF | Currently rented month-to-month - Immediate cash flow from day one - Attached garage, turnkey condition DEVELOPMENT-READY LAND: 31.46 combined acres of pristine Smoky Mountain terrain - NO HOA restrictions - build your vision - Perfect for: Spec homes | Vacation cabins | RV resort | Private estate - Subdivision potential with proper planning approval - Deeded ROW ensures accessibility LOCATION ADVANTAGES: - 9.6 miles to Pigeon Forge (tourist traffic: 11M+ visitors/year) - Minutes to Gatlinburg & Great Smoky Mountains National Park - Private country setting with commercial amenity proximity - Wears Valley - one of East TN's fastest-growing & most desired areas INVESTOR SCENARIOS: Hold both homes as rentals Sell Home #2, develop land, keep Home #1 as income Subdivide acreage into 5-10 acre parcels - (depending on county planning approval) Build luxury cabin community (high STR demand) Pending county planning approval Land bank for appreciation in high-growth corridor PROPERTY HIGHLIGHTS: - Total 34 acres across 3 contiguous parcels - Well water & septic (both homes) - County road frontage with deeded access - Agricultural zoning (A-1) - flexible use options - Survey available - Appliances included in both homes This is NOT a fixer-upper - this is a CASH-FLOWING asset with SCALABLE GROWTH POTENTIAL
Location
- Street address
- 2865/2869 Happy Hollow Rd
- County
- Sevier County
- Community
- Wears Valley
- Elevation
- 1,662 feet
Directions
At traffic light #3 in Pigeon Forge, Turn onto US-321 S/Wears Valley Rd and continue approx 9.6 miles. ->Turn right onto Happy Hollow Rd. ->Continue approx. 1.2 miles to property on right, just beyond the Foothills Parkway overpass.
Property details
- Acreage
- 34 acres
- Zoning
- A-1
- MLS #
- GSMAR 309659
- Posted
Property taxes
- 2025
- $1,843
Parcels
- 123 012.03/123 012.02/ 123 012.05
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Agricultural, Country Setting, Front Yard, Irregular Lot, Sloped, Wooded
Exterior
- Parking
- Driveway, Garage
- Pool
- Patio, Porch
- Structures
- Second Garage, Storage
- Features
- Rain Gutters
Structure
- Style
- Ranch
- Stories
- 1
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Heat Pump
- Cooling
- Electric
- Materials
- Frame, Vinyl Siding
- Roof
- Composition
- Windows
- Blinds
Interior
- Rooms
- Basement, Bathroom x 3, Bedroom x 7, Dining Room
- Flooring
- Carpet, Tile, Wood
- Appliances
- Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave Range Hood Combo, Refrigerator, Water Softener Owned
- Features
- Ceiling Fan(s), Formal Dining, Great Room, Kitchen/Dining Combo, Laminate Counters, Living/Dining Combo, Pantry, Walk-In Closet(s), Walk-In Shower(s)
Nearby schools
| Name | Type |
|---|---|
| Wearwood Elementary | Elementary |
| Pigeon Forge Junior High | Middle |
| Pigeon Forge High | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 10, 2026 | New listing | $1,150,000 | — | GSMAR |
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