For Sale
Single family home for sale at 1940 Wears Valley Rd, Sevierville, TN 37862 | MLS# 1338303 | Listing updated on 2026-10-03
Photo 1 of Single family home for sale at 1940 Wears Valley Rd, Sevierville, TN 37862 | MLS# 1338303 | Listing updated on 2026-10-03
Photo 2 of Single family home for sale at 1940 Wears Valley Rd, Sevierville, TN 37862 | MLS# 1338303 | Listing updated on 2026-10-03
Photo 3 of Single family home for sale at 1940 Wears Valley Rd, Sevierville, TN 37862 | MLS# 1338303 | Listing updated on 2026-10-03
Photo 4 of Single family home for sale at 1940 Wears Valley Rd, Sevierville, TN 37862 | MLS# 1338303 | Listing updated on 2026-10-03
56+
Beds Icon

Street View

$3,400,000

Monthly Est:$16,923

  • Beds Icon7 Beds
  • Beds Icon
    16 Baths
  • Beds Icon10,578sqft

1940 Wears Valley Rd, Sevierville, TN 37862

$16,923/moEst:

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  • Single Family Residence

  • Built in 1968

  • $-- HOA

  • 20.6 acres lot

  • $321/sq.ft

Description

MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT WITH PRIVATE BRIDGE AND PAVED ROAD THROUGHOUT FEATURING 5 LUXURY INCOME-PRODUCING CABINS SITUATED ON A TOTAL OF 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 potential of multiple additional build opportunities on the adjoining acreage. Two previous cabin sites are also part of this property. This is your opportunity to have your own
cabin development with room to expand and create an expansive cabin 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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 3, 2026 at 6:23 pm
  • Listing Provided by: Charity Brown (865) 659-0254 | Tennessee Elite Realty (865) 280-4922
  • Source: East Tennessee REALTORS® MLS-TN | MLS#: 1338303 East Tennessee REALTORS® MLS-TN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Sevier County 27

  • City

    Sevierville

  • Neighborhood

    --

  • Year Built

    1968

  • HOA Fees

    -

  • Finished Area

    10,578 sqft

  • Lot Size

    20.6 acres lot

  • Basement Area

    - sqft

  • MLS Name

    East Tennessee REALTORS® MLS

  • MLS Number

    1338303

  • MLS Status

    Active

  • Days on Market

    168

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 7

    Bathrooms: 16

Interior

  • Cooling

    Wall Cooling, Central Cooling, Ceiling Fan(s)

  • Appliances

    Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer

  • Interior Features

    Cathedral Ceiling(s), Pantry, Eat In Kitchen

  • Flooring

    Carpet, Hardwood, Tile

  • Sewer

    Septic Tank

  • Heating

    Central, Heat Pump

Construction

  • Year Built

    Year Built: 1968

  • Home type

    Single Family Residence

  • Construction Materials

    Wood Siding, Log, Frame

  • Architectural Style

    Cabin, Log, Chalet

Utilities & Energy

  • Fireplace Features

    Electric

  • Security Features

    Smoke Detector

  • Basement

    Walkout, Finished

  • Parking Features

    Main Level

  • Water Source

    Well

Other Features

  • Lot Features

    Creek, River, Private, Waterfront, Wooded

  • Patio And Porch Features

    Porch Covered, Deck

  • Subdivision Name

    Quick Family Trust

Price History

DateEventPrice

04/23/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3307527

Price Decreased

$3,400,000 -7.86%

$321/sqft

03/04/2025

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1291933

Listed for Sale

$3,689,900

$349/sqft

04/04/2024

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1258187

Off Market

$3,689,900 -26.05%

$349/sqft

04/01/2024

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1247545

Listing Removed

$4,989,900 +315.82%

$472/sqft

09/14/2017

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC2968828

Price Decreased

$1,200,000 -24.95%

$113/sqft

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Based on information from the Knoxville Area Association of REALTORS MLS through Oct 09, 2026, 02:30PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved.

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