TN > Sevierville > Quick Family Trust
Sevierville, TN 37862,1940 Wears Valley Rd
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Sevierville, TN 37862,1940 Wears Valley Rd
Sevierville, TN 37862,1940 Wears Valley Rd
Sevierville, TN 37862,1940 Wears Valley Rd
Sevierville, TN 37862,1940 Wears Valley Rd
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Pamella Haynes

Pamella Haynes

+1(865) 259-7333
$ 3,689,900
Est. payment /mo
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Price Dropped by $10K

1940 Wears Valley Rd Sevierville, TN 37862

7 Beds

16 Baths

10,578 SqFt

UPDATED:

11/12/2024 09:17 PM

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

Originating Board East Tennessee REALTORS� MLS

Year Built 1968

Lot Size 20.600 Acres

Acres 20.6

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

Basement Finished, Walkout

Dining Room Formal Dining Area

Interior

Interior Features Cathedral Ceiling(s), Pantry, Eat-in Kitchen

Heating Central, Heat Pump, Propane, Electric

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

Flooring Carpet, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Other

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer

Heat Source Central, Heat Pump, Propane, Electric

Exterior

Exterior Feature Porch - Covered, Deck

Garage Main Level

Garage Description Main Level

View Country Setting, Wooded

Parking Type Main Level

Garage No

Building

Lot Description River, Private, Wooded

Faces In Pigeon Forge take Wears Valley Rd to property on R. See sign.

Sewer Septic Tank

Water Well

Architectural Style Cabin, Log, Chalet

Additional Building Gazebo

Structure Type Other,Wood Siding,Log,Frame

Others

Restrictions No

Tax ID 104 010.00

Energy Description Electric, Propane

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Tennessee Elite Realty

Pamella Haynes

Broker Associate | License ID: 337966

+1(865) 259-7333

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