2620 Wears Valley RD Active Save Request In-Person Tour Request Virtual Tour
Sevierville,TN 37862
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,722 sqft
Price per Sqft $347
MLS Listing ID 305518
Style Contemporary,Traditional
Bedrooms 2
Full Baths 1
Year Built 1960
Annual Tax Amount $880
Tax Year 2024
Lot Size 3.220 Acres
Property Sub-Type Single Family Residence
Property Description
PRIME MULTIPLE INVESTMENT OPPORTUNITY! 3.22 total acres, NO RESTRICTIONS, with breathtaking Great Smoky Mountains National Park mountain views.
2 structures on 1.22 acres with an additional 2 acres higher on the mountain, already perked for a 3 bedroom septic. $70k+ annual income potential PER LOT!
LOCATION, LOCATION! 7 minutes to the Great Smoky Mountains National Park, 10 minutes to Pigeon Forge, Dolly's Stampede, the Island in Pigeon Forge, The Mountain Mile; 20 minutes to Gatlinburg, Anakeesta, Ripley's Aquarium, Sky Bridge, Ober Mountain.
420 feet of Wears Valley Road frontage means high visibility, easy access, and stunning year-round mountain views! Not only do you get an easy access driveway off Wears Valley Rd, the 2-acre lot can also be accessed from Wears Overlook Ln.
Main home is a 2 bed, 1 bath (~1,722 sq ft) with hardwood floors, wood-burning fireplace, sunroom, and deck with panoramic mountain views. Deck is 220V wired and ready for a hot tub!
2-story lofted studio has a half bath and hand-sewn Poplar wood flooring. It has huge potential to be converted into another living space by adding a kitchen. Flat outdoor space beside studio is perfect for a fire pit area or an RV/camper with electricity, water, and septic access.
Recent improvements include a newly rebuilt well, freshly graded driveway with new gravel, new window panes, new gutters, new water pump & wiring, new HVAC, and 2-year-old roof.
DON'T MISS THIS INVESTMENT GEM! Perfect for short-term rentals, a vacation property, or a creative live/work space. OWNER FINANCING AVAILABLE! HIGHLY MOTIVATED SELLERS - BRING YOUR OFFERS!
Buyer to verify all information.
Location
State TN
County Sevier
Zoning R-1
Rooms
Other Rooms true
Dining Room true
Kitchen true
Interior
Heating Central,Heat Pump
Cooling Central Air,Electric,Other
Flooring Hardwood,Laminate,Tile
Fireplaces Number 1
Fireplaces Type Wood Burning
Laundry Electric Dryer Hookup,Inside,Laundry Room,Main Level,Washer Hookup
Exterior
Exterior Feature Lighting,Rain Gutters,Storage
Parking Features Detached,Driveway,Garage,Gravel,Main Level Garage,Open,RV Access/Parking,See Remarks
Garage Spaces 1.0
Fence None
Utilities Available Cable Available,Electricity Connected,High Speed Internet Available,Internet Available,Phone Available,Satellite Dish Available
View Y/N Yes
View Mountain(s),Trees/Woods
Roof Type Composition
Building
Lot Description Back Yard,Front Yard,Irregular Lot,Sloped,Subdivided,Views,Wooded,Country Setting
Story 1
Foundation Slab
Sewer Septic Tank
Water Shared Well
Structure Type Frame,Wood Siding
New Construction No
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Special Funding,THDA,USDA Loan,VA Loan,Other
Listing Terms 1031 Exchange,Cash,Conventional,FHA,Special Funding,THDA,USDA Loan,VA Loan,Other