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2570 Herb Ownby Way, Sevierville, TN 37862

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For Sale

$4,995,000

142.46 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 142.5 acres
    Lot size

Explore this Property

Discover this exceptional 142-acre property in the heart of Wears Valley, offering sweeping and panoramic views of Cove Mountain and Wears Valley. With preliminary approval for 80 spacious lots, plus additional acreage along the ridge line for future expansion, it is an ideal location for a short term rental resort or residential community. This prime parcel has successfully navigated the entitlement process and is primed for construction once road establishment is completed. Key Features: - Approved Public Water - Accessible at Little Cove Rd. - Strategic Location - Just 0.2 miles off Wears Valley Rd, minutes to the Great Smoky Mountain National Park (the most visited Park in the US), 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. - Road Frontage & Visibility - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd. - Easy to Navigate - This property offers smooth and straightforward accessibility with no steep inclines, ensuring comfortable and effortless access - Natural Beauty - The property 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, Tennessee, 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.
MLS# 1286539

Courtesy Of Real Broker, LLC

(844) 591-7325

Property Features

  • Architecture Style
    Other
  • Lot Size
    142.46 Acres
  • View Type
    Mountain

Map and Directions

Directions to 2570 Herb Ownby Way, Sevierville, TN 37862

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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