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Sold for $195,000 on 06/02/25
  • $195,000

    4001 Wears Cove Rd, Sevierville, TN 37862

    3beds
    1,988sqft
    Single Family Residence, Residential
    Built in 1997
    0.87 Acres Lot
    $487,400 Zestimate®
    $98/sqft
    $2,665 Estimated rent

    Home value

    $487,400

    $434,000 - $541,000

    $2,665/mo

    Zestimate® history
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    $1,109/mo

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    $1,109/mo

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    What's special

    Great Opportunity - Renovation-Ready Home located in the heart of highly sought-after Wears Valley, this 3-bedroom home with a spacious loft offers incredible potential for short-term rental income, customized mountain retreat or a forever home. Just a 1/2 mile off scenic Wears Valley Road and situated on flat, easily accessible cul-de-sac, no steep drives—this property is ideally positioned minutes from Pigeon Forge's attractions, picturesque Cades Cove, and the charm of Townsend. The Foothills Parkway is also close by, offering quick access to stunning Smoky Mountain views. Inside, the home features an open-concept living and dining area with great bones and a flexible layout ready for your personal touch. The large yard provides endless possibilities for upgrades like a fire pit, outdoor dining space, or a private gathering area—perfect amenities for maximizing rental appeal. A nearby community pool with optional membership adds even more value for future guests. For savvy investors, this is a value-add property with strong upside potential in a high-demand area. Transform it into a cash-flowing short-term rental in one of the most visited regions in the Smokies. The location, accessibility, and surrounding attractions make this a rare opportunity with lasting income potential. Quiet and peaceful, yet close to everything—this investment-ready home is your chance to create something truly special in one of East Tennessee's most desirable communities.

    Zillow last checked: 8 hours ago

    Listing updated: June 19, 2025 at 01:04pm

    Listed by:

    Emili Spangler 423-327-1972,

    Prime Mountain Properties

    Bought with:

    Jared Drager, 322010

    Prime Mountain Properties

    Source: GSMAR, GSMMLS,MLS#: 306530MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Electric Range, Refrigerator
    Features
    • Flooring: Wood
    • Basement: None
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,988
    • Total interior livable area: 1,988 sqft
    • Finished area above ground: 1,988
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: Community
    Lot
    • Size: 0.87 Acres
    • Features: Cul-De-Sac, Front Yard, See Remarks
    Details
    • Parcel number: 036.09
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin,Country
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Fixer
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Community
    • Community features: Pool
    Location
    • Region: Sevierville
    • Subdivision: Wears Cove Acres

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/2/2025Sold$195,000-44.3%$98/sqft
    Source: GSMAR, GSMMLS #306530
    5/23/2025Pending sale$350,000$176/sqft
    Source: GSMAR, GSMMLS #306530
    5/17/2025Listed for sale$350,000$176/sqft
    Source: GSMAR, GSMMLS #306530

    Public tax history

    YearProperty taxesTax assessment
    2024$777 $52,500
    2023$777 $52,500
    2022$777 $52,500

    Find assessor info on the county website

    Neighborhood: 37862

    Nearby schools

    GreatSchools rating
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