Listing provided courtesy of KIM GOODE of Crye-Leike REALTORS. Last updated 2017-08-19 10:25:55.000000. Listing information © 2016 Client MLS.
Asking Price: $1,599,000
1940 Wears Valley Rd, Sevierville TN 37862
Community: Wears Valley
This Single Family property was built in 2000 and is priced at $1,599,000. Please see the additional details below.
- 8,044 Sq Ft
- 18 bathrooms
- 7 bedrooms
- MLS#: 210080
- Type: Single Family
- Year Built: 2000
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.