Listing Courtesy of: Charity Brown - Tennessee Elite Realty
865-280-4922
$4,500,000
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1940 Wears Valley Rd Sevierville, TN 37862
Other
Residence
7
Beds
16
Baths
...
Bed/Bath
10,578
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 C...ABINS! 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!***
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MLS#
1258187
Property Type
Other
Bedrooms
7
Bathrooms
13 Full/3 Half
Year Built
1968
Square Feet
10,578
sq. ft
Lot Size
20.6
Sewer
Holding Tank
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