$4,950,000
 $26,573 est/mo Sourced by Back At You

2570 Herb Ownby Way,Sevierville, TN 37862

Sevierville, TN 37862

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Description

SHOVEL READY in approx. 60-90 days! Stunning 142-acre Wears Valley property with panoramic mountain views. Approved for PUBLIC WATER and fully entitled for 80 spacious lots across 105 of the acres, with additional ridge line acreage for future expansion. Ideal for short-term rental resort or residential community. Key Features: - Approved Public Water - Accessible at Little Cove Rd. - Zoning: Residential (fully entitled) - Topography: Gently rolling with panoramic mountain views - Strategic Location - 0.2 miles off Wears Valley Rd, minutes to GSMNP (most visited US Nat'l Park), less than 7 miles to the main Parkway in Pigeon Forge and approx. 11 miles to Gatlinburg. - Highly Accessible - within a day's drive of 70% of the U.S. population plus easily accessible with no steep inclines. - Road Frontage - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd. - Natural Beauty - Borders Cove Creek, providing a serene and picturesque environment. - Groundwork in Place - Contractor referrals for infrastructure, horizontal and vertical development available upon request, making this an incredible opportunity for builders and investors. Buyer to perform their own contractor due diligence. - Unparalleled Investment Opportunity - located in Sevier County, TN, a tourism powerhouse generating approximately $4.4 billion in annual visitor spending and attracting 12-15 million visitors annually. - Robust Tourism - consistently demonstrating growth, fueled by its accessibility, variety of attractions, and the increasing popularity of outdoor recreation and family-oriented travel experiences. The property's combination of scenic views, strategic location, and development potential make it a rare find in Wears Valley. Owner/Agent.

Details

MLS#1286539
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site131
Listing Provided ByReal Broker | Holly Roach

Features

ZoningZoned Residential
Acreage142.46
Property ViewCountry Setting, Mountain View

Market Activity 37862

The information is being provided by East Tennessee REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 East Tennessee REALTORS®. All Rights Reserved.

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Learn More About This Property

StateTN
CountySevier County 27
CitySevierville
Zip Code37862
AreaSevier County 27
Subarea27
Listing VS Median (in 37862)
Price:
$4,950,000
low | high
Med:
$790,000
100% of Average
On site:
131
low | high
Med:
47.000000
100% of Average
Sourced by Back At You
Listing Updated: April 29, 2025 at 3:08:15 PM PDT
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