1940 Wears Valley Rd new

Sevierville,TN 37862

$ 3689900

7 Beds

16 Baths

10578 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 10,578 sqft

Price per Sqft $348

Subdivision Quick Family Trust

MLS Listing ID 1291933

Style Cabin,Log,Chalet

Bedrooms 7

Full Baths 13

Half Baths 3

Year Built 1968

Lot Size 20.600 Acres

Property Sub-Type Single Family Residence

Property Description

MOTIVATED SELLER!!! 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 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 VIDEO TOUR TO SEE THE PROPERTY BY DRONE!***

Location

State TN

County Sevier County - 27

Area 20.6

Rooms

Dining Room Formal Dining Area

Interior

Heating Central,Heat Pump,Propane,Electric

Cooling Wall Cooling,Central Cooling,Ceiling Fan(s)

Flooring Carpet,Hardwood,Tile

Fireplaces Number 1

Fireplaces Type Other

Exterior

Exterior Feature Deck, Porch - Covered

Parking Features Main Level

Garage Description Main Level

View Other,Country Setting,Wooded

Building

Lot Description River,Private,Wooded

Sewer Septic Tank

Water Well

Structure Type Wood Siding,Log,Frame

Others

Virtual Tour https://tour.usamls.net/1940-Wears-Valley-Rd-Sevierville-TN-37862/unbranded

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