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.
Listed By
Agency Name: Tennessee Elite Realty
Shown By
Agent Name: Heidi Potts
Agent Phone: (865) 471-0129
Agency Title: Franklin Realty Inc.
Estimated Payment
$ 21,837.27 per month $20,845.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $991.67 Homeowner's Insurance
1940 Wears Valley Rd | MLS# 1338303
This single family home located at 1940 Wears Valley Rd, Sevierville, TN 37862 is currently listed for sale with an asking price of $3,400,000. This property was built in 1968 and has 7 bedrooms and 13 full and 3 partial baths with 10578 sq. ft. Wears Valley Rd is located in the Quick Family Trust subdivision. Search Quick Family Trust real estate on hpotts.franklinrealty.com today.