About 1940 Wears Valley Road
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!***
Features of 1940 Wears Valley Road
| MLS® # | 1258187 |
|---|---|
| Price | $4,500,000 |
| Bedrooms | 7 |
| Bathrooms | 16.00 |
| Full Baths | 13 |
| Half Baths | 3 |
| Square Footage | 10,578 |
| Acres | 20.60 |
| Year Built | 1968 |
| Type | Residential |
| Sub-Type | Residential |
| Style | Cabin, Log, Chalet |
| Status | Active |
Community Information
| Address | 1940 Wears Valley Road |
|---|---|
| Area | Sevier County - 27 |
| Subdivision | Quick Family Trust |
| City | Sevierville |
| County | Sevier County - 27 |
| State | TN |
| Zip Code | 37862 |
Amenities
| Features | Cathedral Ceiling,Hot Tub,Pantry,WasherDryer Connect,Whirlpool Tub |
|---|---|
| Parking | Main Level |
| View | Country Setting, Wooded |
| Has Pool | No |
Interior
| Interior Features | Cathedral Ceiling(s), Pantry, Eat-in Kitchen |
|---|---|
| Appliances | Dishwasher, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer |
| Heating | Central, Heat Pump, Propane, Electric |
| Cooling | Central Cooling, Wall Cooling, Ceiling Fan(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Other |
| Has Basement | Yes |
| Basement | Finished, Walkout |
Exterior
| Exterior | Other, Wood Siding, Log, Frame |
|---|---|
| Exterior Features | Porch - Covered, Deck |
| Lot Description | River, Private, Wooded |
| Construction | Other, Wood Siding, Log, Frame |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Tennessee Elite Realty |
|---|