Price
$ 1,650,000

1940 Wears Valley Rd, Sevierville, TN 37862  
  • 7 beds
  • 21 baths
  • 8,044 sqft

1940 Wears Valley Rd, Sevierville, TN 37862  

Fantastic investment opportunity! Private, unique retreat on a crystal clean mountain stream. Seven cabins on 20 forested acres, with proven rental income just minutes from the main Parkway in the middle of Pigeon Forge. (1.) "Nikhia's Loft" is a 1BR "honeymoon cabin" w/ $26k rentals for 2016. (2.) "Nature's Dream" is a 3BR (plus loft), sleeps 10, w/ $44k rentals for 2016. (3.) "Rolling Creek" is a 2BR, sleeps 4, w/ $34k rentals for 2016. (4.) "On the Creek" is a 7BR, sleeps 17, w/ $87k rentals for 2016. (5.) "Hillside Haven", built in 2008, is a 3BR, sleeps 12, w/ $52K rentals for 2016. (6.) "Whispering Brook" is currently leased to the caretaker for the property for $500 per month. (7.) "Secret Hideaway" is the personal cabin used by the owners. It's a 4BR and is not on the rental market. Some cabins are located on the stream while others have a view of the stream. It is a beautiful, pristine, stream with rock outcroppings perfect for picnics. The sounds of the rushing water will lull you to sleep and the gazebo next to the stream has been the site for many romantic weddings. Whether you are looking for a family retreat or retirement income, check out this unique income producing property. The newest cabin was built in 2008. Other cabins were built prior to that. More photos and video coming soon.

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Listing Type
Single Family
Listing ID
210080
Bedrooms
7
Bathrooms
21
House Size
8,044
Lot Size
20.00 acres
Listing Status
Active
Year Built
2000
County
Sevier
Full Bath
18
Half Bath
3
Zoning
R-1
Taxes
4301.0
TaxYear
2016
Listing courtesy of KIM GOODE~Crye-Leike REALTORS
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX BETWEEN THE LAKES
    893 E Hwy 11 E Jefferson City, TN 37760 | Phone: (865) 475-7400
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.