Douglas Lake Lakefront Property

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1940 Wears Valley Rd
Sevierville, TN 37862

Property

$3,400,000

DIRECT lakefront

Single Family: Cabin, Log, Chalet
0 rooms, 7 bedrooms, 13 full baths, 3 half baths

Sevier County - 27
(Quick Family Trust)

MOTIVATED SELLER!!! PRIME INVESTMENT OPPORTUNITY!! TURNKEY SHORT-TERM RENTAL CABIN DEVELOPMENT WITH PRIVATE BRIDGE AND PAVED ROAD THROUGHOUT FEATURING 5 LUXURY INCOME-PRODUCING CABINS SITUATED ON 20.60 ACRES AND SURROUNDED BY A RUSHING MOUNTAIN STREAM (COVE CREEK) IN THE PIGEON FORGE AREA! BEING SOLD FULLY FURNISHED WITH SIGNIFICANT UPSIDE AND EXPANSION POTENTIAL! This rare offering includes five established STR cabins currently operating on the overnight rental program, along with multiple additional build opportunities. Two previous cabin sites are already equipped with septic and ready for redevelopment, plus the acreage offers the potential for approximately 8 more build sites--creating an opportunity to expand into a 15+ cabin portfolio. Located just minutes from the Parkway with easy access to top attractions like Dollywood, Gatlinburg, and Great Smoky Mountains National Park, this property combines convenience with a serene mountain setting. Positioned directly off Wears Valley Rd with its own private road, the development features NO STEEP ROADS--an extremely desirable and rare feature for guests and investors alike. Guests will love the peaceful creekside setting, paved access throughout, and the privacy of a true mountain retreat while still being close to everything the Smokies have to offer. Cabin configurations currently include a mix of 1BR, 3BR, 4BR, and 7BR units, allowing for a diverse rental strategy targeting couples, families, and large groups. Whether you're looking to scale an existing STR portfolio or develop a high-performing investment community from the ground up, this property delivers flexibility, location, and long-term upside.

Property Information

Total Living Area: 10578 sq. ft.,
Garage/Parking: garage spaces, parking spaces
Approx. Acres: 20.6
Living Area - Main Level: 0 sq. ft.
Living Area - 2nd Floor: 0 sq. ft.
Living Area - Lower: 0 sq. ft.

Room Details

Features

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Other Property Information

Year Built: 1968

Tax Information

Taxes (Total): $8,363
City Taxes: $0
County Taxes: $8,363
Parcel #: 104 01000 000

Listed by Charity Brown of Tennessee Elite Realty

ETN # 1338303

© Knoxville Area Association of Realtors® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the KAAR MLS.

East Tennessee Realtors® MLS data last updated on Sunday, May 17, 2026 at 8:53 PM

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