Improved Land for Sale in Sevierville, Tennessee
1940 Wears Valley Rd Sevierville, TN 37862
PRIME INVESTMENT OPPORTUNITY!! OWN YOUR OWN TURNKEY CABIN DEVELOPMENT SURROUNDED BY A RUSHING MOUNTAIN STREAM (COVE CREEK) WITH 5 LUXURY INCOME PRODUCING SHORT TERM RENTAL CABINS RANGING BEING SOLD FULLY FURNISHED SITTING ON 20.60 ACRES IN THE PIGEON FORGE, TN AREA WITH ROOM TO EXPAND AND BUILD ADDITIONAL CABINS! GROSS INCOME FOR 2021 WAS $374,989. Two additional build sites that had cabins ready to rebuild already have septic and potential of 8 additional build sites on the additional acreage! You can't beat this location only minutes to Pigeon Forge attractions, Dollywood, Gatlinburg, and the Smoky Mountains National Park. Easy access location NO STEEP ROADS and highly visible location. Fronts Wears Valley Rd. with its own private road into the development. Enjoy the picturesque setting and chance to develop and have a portfolio of approx. 15+ cabins! Nicely paved roads to access. The possibilities are endless- the sky is the limit! Must see! Cabins are currently being rented on the overnight rental program as follows: 1BR, 3BR, 7BR, 4BR, and 3BR. CHECK OUT THE VIRTUAL TOUR OF THE PROPERTY!!
Directions
In Pigeon Forge take Wears Valley Rd to property on R. See sign.
Property details
- County
- Sevier County
- Community
- Sevierville
- Zoning
- R-1
- Elevation
- 1,099 feet
- MLS Number
- GSMAR 267543
- Date Listed
Parcels
- 104 010.00
Property taxes
- 2022
- $5,167
Resources
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Detached
Structure
- Stories
- 2
- Materials
- Log Siding, Wood Siding
- Roof
- Metal
- Cooling
- Central A/C, Heat Pumps
- Heating
- Central Furnace, Heat Pump
Exterior
- Features
- Deck, Porch
Interior
- Rooms
- Bedroom x 7, Full Bath x 13, Half Bath x 3
- Appliances
- Dishwasher, Dryer, Microwave, Oven - Self-Cleaning, Range - Electric, Refrigerator, Washer
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 25, 2024 | Price decrease | $4,500,000 | $489,900 -9.8% | GSMAR |
Mar 4, 2024 | Price decrease | $4,989,900 | $10,000 -0.2% | GSMAR |
Dec 7, 2023 | New listing | $4,999,900 | — | GSMAR |