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.
Single-familyProperty Type
1997Year Built
0.87 acresLot Size
$198Est. Price/Sq.Ft.
Listed by Emili Spangler• Prime Mountain Properties
Contact: 4233271972
Bought with Jared Drager• Prime Mountain Properties
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.
Public Records
Jul 21, 1994
Sold
$20,000
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$777
2024
$777
2023
$777
2022
$777
2021
$777 (−1.1%)
2020
$786
2019
$786
2018
$786
2017
$786
2016
$786 (−4.5%)
2015
$823 (+15.3%)
2014
$714
Tax history for 4001 Wears Cove Rd
Year
Property tax
Land + Additions
Assessment*
2025
$777
2024
$777
2023
$777
2022
$777
2021
$777 (−1.1%)
2020
$786
2019
$786
2018
$786
2017
$786
2016
$786 (−4.5%)
2015
$823 (+15.3%)
2014
$714
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
37,897
Year renovated
2025
Sq. Ft.
2,100
Year built
1997
Style
Single Family Residential
County
Sevier County
APN
123 03609 000
Parking Spaces
—
Basement
No
Accessible
Yes
HOA Dues
—
Garage
No
Features
Pool
Last updated by owner on Jul 13, 2025.
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Driveway
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
Basement Information
Basement Features: None
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Heating & Cooling
Has Heating
Heating Information: Electric
Has Cooling
Cooling Information: Electric
Interior Features
Appliances: Electric Range, Refrigerator
Flooring: Wood
Exterior
Building Information
Construction Materials: Frame
Roof: Shingle
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features: Accessible Entrance
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Agent Measured
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Agent Measured
Lot Information
Lot Features: Cul-De-Sac
Lot Size Area: 0.87
Lot Size Units: Acres
Lot Size Acres: 0.87
Lot Size Source: Appraiser
Financial
Tax Information
Tax Annual Amount: $777
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Utilities: Electricity Available
Location
HOA Information
Association Amenities: Pool
Location Information
Directions: Take Wears Valley Rd from the Pigeon Forge Parkway 10 miles, Make a Right on Happy Hollow Rd, Take .2 miles and make a Left on Wears Cove Rd. Property is located at the end of the cul-de-sac. See sign
Topography: Cul-De-Sac
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,100
Stories: 2.0
Parking Spaces: —
Basement: No
Accessible: Yes
Lot Size: 0.87 acres
Style: Single Family Residential
Year Built: 1997
Year Renovated: 2025
County: Sevier County
APN: 123 03609 000
HOA Dues: —
Garage: No
Features: Pool
Home facts updated by owner on Jul 13, 2025
Other
Home Information
Living Area: 1988
Living Area Units: Square Feet
Living Area Source: Agent Measured
Building Area Total: 1988
Building Area Units: Square Feet
Building Area Source: Agent Measured
Foundation Details: Slab
Levels: Three Or More
Around this home
Schools
Wearwood Elementary School
Public PreK-6 • Assigned • 1.7mi
6/10
Pigeon Forge Middle School
Public 7-9 • Assigned • 7.8mi
4/10
Pigeon Forge High School
Public 10-12 • Assigned • 7.8mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 21 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Sevierville, TN • 37862
Average low and high temperatures (°F)
44
26
54
33
68
44
75
52
75
57
85
65
90
70
83
65
79
59
71
48
62
42
52
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$395,000 – $478,000
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