1940 Wears Valley Rd

10,578 Sq. Ft.
$321 / Sq. Ft.
10,578
Sq. Ft.
$321
per Sq. Ft.

Description

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...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 approximately 8 more build sites--creating an opportunity to expand into a 15+ 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.
  1. Listed by Charity Brown • Tennessee Elite Realty

Property Details for 1940 Wears Valley Road

Architectural Style
Cabin, Log, Chalet
Sub division Name
Quick Family Trust
View
Other, Country Setting, Wooded
Style Cabin
True
Style Chalet
True
Style Log
True
LISTING UPDATED: 04/27/2026 10:16 PM

Property Details for 1940 Wears Valley Road

StatusActive
MLS #1338303
Days on Market7
Taxes$8,363 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeSingle Family / Single Family Residence
Year Built1968
Lot Size20.60 AC / 897,336 SF
CountySevier County

Location

Listing Courtesy of Tennessee Elite Realty, Charity Brown
Add your commute

Building Information for 1940 Wears Valley Road

Stories-Year Built1968Building Size-Lot Size20.60 AC / 897,336 SF

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$17,818 per month

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Principal and Interest

$17,121

Property Taxes

$697

HOA Dues

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Property Information for 1940 Wears Valley Road

Summary
Location and General Information
  • City: Sevierville
  • County Or Parish: Sevier County - 27
  • Directions: Take Hwy 66 towards Pigeon Forge Take a Right on to Wears Valley Road property on R. See sign.
  • Latitude: 35.771379
  • Longitude: -83.618749
  • MLS Area Major: Sevier County - 27
  • MLS Area Minor: Sevier County - 27
  • Postal Code: 37862
  • State Or Province: TN
  • View Country Setting: True
  • View Wooded: True
  • View Other: True
  • Location Tax Legal Info Area: Sevier County - 27
  • Remarks Misc Directions: Take Hwy 66 towards Pigeon Forge Take a Right on to Wears Valley Road property on R. See sign.
Parking
  • Attached Garage: No
  • Parking Features: Main Level
  • Atchd Dtchd Type Detached: True
  • Garage Parking Main Level: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 104 01000 000
  • Location Tax Legal Info Total Tax: 8363.11
  • General Property Description HOA: No
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Building Area Source: Tax Records
  • Lot Size Area: 20.6
  • Lot Size Units: Acres
  • Lot Size Square Feet: 897336.0
  • Year Built: 1968
  • Lot Features: River, Private, Wooded
  • Building Area Total: 10578.0
  • Lot Size Acres: 20.6
  • Lot Size Source: Tax Records
  • General Property Description SqFt - Main Lvl: 0.0
  • General Property Description SqFt - Down Lvl: 0.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Acres: 20.6
  • General Property Description Acre Source: Tax Records
  • General Property Description Site Built: Yes
  • Lot Description Private: True
  • Lot Description River: True
  • Lot Description Wooded: True
Property and Assessments
  • Possession: At Closing
  • Property Attached: No
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • Possession At Closing: True
Utilities
  • General Property Description Sewer: Septic Tank
  • Fuel Electric: True
  • Fuel Propane: True
  • Sewer Septic Tank: True
  • Water Well: True
Interior and Exterior Features
Exterior Features
  • Other Structures: Gazebo
  • Construction Materials: Wood, Log, Frame
  • Siding Log: True
  • Siding Wood: True
  • Outbuildings Gazebo: True
  • Exterior Features Deck: True
  • Exterior Features Porch - Covered: True
  • Misc Features Pantry: True
Interior Features
  • Beds Total: 7
  • Baths Full: 13
  • Baths Half: 3
  • Cooling: Wall Cooling, Central Cooling, Ceiling Fan(s)
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Bathrooms Total Integer: 16
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Heating Details: Central, Heat Pump, Propane, Electric
  • Fireplace Features: Other
  • Flooring: Carpet, Hardwood, Tile
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace Other: True
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Cooling Wall Cooling: True
  • Floors Carpet: True
  • Floors Hardwood: True
  • Floors Tile: True
  • Basement Finished: True
  • Basement Walkout: True
  • General Property Description Number of Bedrooms: 7
  • General Property Description Number of Rooms: 0.0
  • General Property Description Fireplace: Yes
  • General Property Description Number of Fireplace: 1.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: Yes
  • Heat Central: True
  • Heat - Heat Pump: True
  • Dining Area Formal Dining Area: True
  • Dining Area KitchenDining Rm Co: True
  • Dining Area Living Room Dining Room: True
  • Appliances Dishwasher: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Self Cleaning Oven: True
  • Appliances Smoke Detector: True
  • Appliances Washer: True
  • Misc Features Cathedral Ceiling: True
  • Misc Features Hot Tub: True
  • Misc Features WasherDryer Connect: True
  • Misc Features Whirlpool Tub: True
Room Information
Room
  • Rooms Total: 0
Rental
Rent Information
  • General Property Description Restrictions: No
  • Tenant Expenses Cooling: Wall Cooling,Central Cooling,Ceiling Fan(s)
  • Tenant Expenses Heating: Central,Heat Pump,Propane,Electric

Property History for 1940 Wears Valley Road

DateEvent & SourcePriceAppreciation
Apr 25, 2026

Listed (Active)

KAARMLS #1338303

$3,400,000—
Aug 16, 2025

Expired

KAARMLS #1291933

—
Mar 4, 2025

Listed (Active)

KAARMLS #1291933

$3,689,900—
DateEvent & SourcePrice
04/25/2026

Listed (Active)

KAARMLS #1338303

$3,400,000
08/16/2025

Expired

KAARMLS #1291933

—
03/04/2025

Listed (Active)

KAARMLS #1291933

$3,689,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1940 Wears Valley Road

Taxable ValueLand$62,200Additions$471,200Total$533,400
Tax Record2025$7,894 ($658 / month)
Home Facts
Beds0Total Finished SqFt2,608 SqFtAbove Grade Finished SqFt2,608 SqFtStories3Lot Size130,680 SqFtStyleSingle Family ResidenceYear Built1968Year Renovated1991ZoningR-1CountySEVIERAPN104 01000Fireplace TypeHas Fireplace

Schools near 1940 Wears Valley Road

This home is within Sevier County School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 7 to 9
Public - 10 to 12
Public - 4 to 6
Rating
School
Distance
Pigeon Forge Primary School
PublicPK to 3

Pigeon Forge Middle School
Public7 to 9

Pigeon Forge High School
Public10 to 12

Pigeon Forge Intermediate
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1940 Wears Valley Road is a single family home for sale in Sevierville, TN 37862. This property was listed for sale on April 25, 2026 by Tennessee Elite Realty, it's currently listed at $3,400,000. It has been on the market for a total of 7 days and was last sold on September 14, 2017. This listing's school district is Sevier County School District. Nearby schools include Pigeon Forge Primary School, Pigeon Forge Middle School and Pigeon Forge High School. 1940 Wears Valley Road is a 7-bed, 16-bath, 10,578 sqft single family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Tennessee Elite Realty, Charity Brown

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 04/27/2026 10:16 PM