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$3,400,000 - 1940 Wears Valley Road, Sevierville

7
Bedrooms
14½
Baths
10,578
SQ. Feet
20.6
Acres

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.

Essential Information

  • MLS® #:
    3307527
  • Price:
    $3,400,000
  • Bedrooms:
    7
  • Bathrooms:
    14.50
  • Full Baths:
    13
  • Half Baths:
    3
  • Square Footage:
    10,578
  • Acres:
    20.60
  • Year Built:
    1968
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Style:
    Log
  • Status:
    Active

Community Information

  • Address:
    1940 Wears Valley Road
  • Subdivision:
    Other
  • City:
    Sevierville
  • County:
    Sevier County, TN
  • State:
    TN
  • Zip Code:
    37862

Amenities

  • Garages:
    Asphalt

Interior

  • Interior Features:
    High Ceilings
  • Appliances:
    Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
  • Heating:
    Other
  • Cooling:
    Central Air, Other
  • Fireplace:
    Yes
  • # of Fireplaces:
    3
  • # of Stories:
    2

Exterior

  • Lot Description:
    Views, Wooded
  • Roof:
    Metal
  • Construction:
    Block, Frame, Log, Wood Siding

Additional Information

  • Date Listed:
    July 27th, 2026
  • Days on Market:
    141

Listing Details

  • Listing Office:
    Tennessee Elite Realty

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Listing information last updated on September 10th, 2026 at 7:39pm CDT.