1940 Wears Valley Rd Active Save Request In-Person Tour Request Virtual Tour
Sevierville,TN 37862
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 10,578 sqft
Price per Sqft $348
Subdivision Quick Family Trust
MLS Listing ID 1258187
Style Cabin,Log,Chalet
Bedrooms 7
Full Baths 13
Half Baths 3
Year Built 1968
Lot Size 20.600 Acres
Property Description
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 Central Cooling,Wall Cooling,Ceiling Fan(s)
Flooring Carpet,Hardwood,Tile
Fireplaces Number 1
Fireplaces Type Other
Exterior
Exterior Feature Porch - Covered,Deck
Garage Main Level
Garage Description Main Level
View Country Setting,Wooded
Building
Lot Description River,Private,Wooded
Sewer Septic Tank
Water Well
Structure Type Other,Wood Siding,Log,Frame
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional