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1940 Wears Valley Road, Sevierville, TN 37862

Active $3,400,000

13 Full, 3 Half

7 Beds

10,578 SqFt

20.6 Acres

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  • 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.
  • Year Built: 1968
  • Air: Central Air,Other
  • Heat: Central,Heat Pump
  • Water: Well
  • Sewer: Septic Tank
MLS#: 3307527
Priced to sell — schedule your showing today
7 bed, 16 bath · 10,578 sq ft
Jayden Fortune

Jayden Fortune,

Affiliate Broker, PARIS

731-535-4980

Jayden Fortune grew up in Weakley County and knows West Tennessee the way you learn a place when you've actually lived it. He came to Premier Realty Group straight out of college, where he earned an ...

Priced to sell — schedule your showing today
This luxury estate at $3400K won't last. Get in the door before someone else does.

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Premier Realty Group of West Tennessee, LLC is a full service real estate company licensed in the state of Tennessee. Certain information contained herein is derived from information provided by parties other than prealtygroup.com. Listings courtesy of CWTAR, TVAR, and Realtracs as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website. Listing provided by Tennessee Elite Realty: Charity Brown 865-659-0254. Last update: Thu Oct 15 2026 22:01:09 GMT+0000 (Coordinated Universal Time)

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