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Off market
  • $108,800

    2616 Wears Valley Rd, Sevierville, TN 37862

    --beds
    2,040sqft
    MultiFamily
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $53/sqft
    $1,766 Estimated rent

    What's special

    This listing is a duplicate of 2620 Wears Valley Road because 2616 and 2620 Wears Valley Road must be sold together as one parcel. GREAT MULTIPLE RENTAL OPPORTUNITY or LIVE, WORK, AND RENT ON THE SAME PROPERTY!! OWNERS RELOCATING OUT OF STATE. READY FOR IMMEDIATE SALE! OWNERS-Greg & Kathryn Rutherford CONTACT-865-2439422 or artist@heirloomartstudio.com See https://heirloomartstudio.com/propertyforsale.html for more details. View this offering and make an offer. LIVE AND WORK ON THE SAME PROPERTY, RENT COMMERCIAL BUILDING, or TURN SECOND BUILDING INTO A SECOND HOME. Located in peaceful and picturesque Wears Valley, Tennessee this 3.22 acre property is situated on a major highway six miles from Pigeon Forge, close to Sevierville and Gatlinburg and half way to Townsend with Maryville, Alcoa and Knoxville not far beyond. Access to everything is not far away with several entrances to the Great Smoky Mountains National Park just a few miles up the road. This property faces the National Park with Cove Mountain taking prominence in the Valley. 3 BED/1BATH HOUSE, 2-STORY BUILDING with 1/2 BATH currently used as a Fine Art Studio and Gallery but rated as a 3 Bedroom for residential or rental use, PLUS GARAGE/SHED AND Additional WORKSHOP 3.22 acres of land with approximately 420' of frontage on a major highway with top access from Wears Overlook Road. 1,722 sq ft 3 bedroom (or 2 bedrooms PLUS office) home with full bathroom, 2,024 sq ft, two-level, commercial retail/office building with 1/2 bath, water in two locations, and 100sq ft screened-in covered deck. OR turn this building into a second home on the property or possibly two rental units!! 24x36 single car garage on concrete pad with sawmill wood barn siding and a metal roof. 1,400 sq ft two-level building with workshops and storage or additional residence. Lower level concrete block, upper level wood construction half of which needs to be torn down and rebuilt. (Long story!) New structural additions on two main buildings, electrical, heating-air, plumbing, 3 bedroom septic tanks, and more completed or installed in 2000-2003 with additional decks, patios, and covered porch added in recent years. New 30 Year roof on house in 2019. New vynal soffets, gutters, and downspouts on commercial building in 2019. House and commercial buildings have 110 and 220 wiring. Some initial excavating, and landscaping has been completed with brick edged lawn and raise bed gardens. The property is accessible by State and County roads from both the top and bottom of the property. An asphalt and gravel driveway is completed one third of the way up the mountain from the highway to the top of the property. This property is zoned residential, however, one half acre of highway frontage is currently taxed commercial because owner operates a business from the 2-story building at the highway. The rest of the acreage with the house, garage, and workshop is taxed residential. The .5 acres of commercial property is taxed under the 911 address of 2616 Wears Valley Road, which you will find listed on Zillow as well, however, there is only one 3.22 acres deed under 2620 Wears Valley Road, Sevierville, Tennessee, 37862. You get everything under both addresses with this sale. Taxes are currently: $680 residential and $669 commercial. If new owners do not operate a business on this property taxes will be joined and reassessed. The grade of the property is 100% buildable. Make use of the offerings that are already here or consider a new development. This acreage and outstanding view could be a DEVELOPER'S DREAM or the perfect home and on-site business location, multi-family compound, or multiple rentals. Property is being sold as 3.22 acres only. Owners are leaving Tennessee and looking to sell immediately!!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven
    Features
    • Flooring: Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 2,040 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Other, Wood, Cement / Concrete
    • Has view: Yes
    • View description: Water, Mountain
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 3.22 Acres
    Details
    • Parcel number: 11400600001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Footing
    • Roof: Asphalt
    Condition
    • Year built: 1983

    Community & neighborhood

    Location
    • Region: Sevierville
    Services availability
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