121 & 141 Spring St Sevierville, TN 37862
Sevierville AreaEstimated payment $3,354/month
Highlights
- 5.43 Acre Lot
- Wooded Lot
- Cul-De-Sac
- Property is near a spring
- No HOA
- Accessible Approach with Ramp
About This Home
2 HOMES, 4 PARCELS, 5.43 Acres in Sevier County, TN Investor Opportunity, Rare Multi-Home Investment in Sevier County!
This incredible investment package includes three homes across four separate parcels (totaling 5.43 acres) being sold together—with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region—a prime destination for development, restoration, or long-term investment. Property Overview: 121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use. 141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels. Why Investors Will Love It:
With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming—with rising property values, tourism growth, and increasing demand for quality long-term housing—making this property an excellent candidate for renovation, expansion, or multi-parcel resale. Motivated sellers are ready to make a deal—this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $727
Year Built
- Built in 1997
Lot Details
- 5.43 Acre Lot
- Property fronts a private road
- Property fronts a county road
- Cul-De-Sac
- Steep Slope
- Wooded Lot
- Back Yard
- Additional Parcels
Parking
- 2 Car Garage
Home Design
- Fixer Upper
Interior Spaces
- 768 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating Available
- Natural Gas Connected
- Spring water is a source of water for the property
- Well
- Fiber Optics Available
Additional Features
- Accessible Approach with Ramp
- Property is near a spring
- City Lot
- Equipment Barn
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 049A A 021.00
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2026 05/11/26 | Price Changed | $599,000 | +4.2% | $780 / Sq Ft |
| 02/12/2026 02/12/26 | Price Changed | $575,000 | -11.5% | $749 / Sq Ft |
| 01/10/2026 01/10/26 | For Sale | $650,000 | -- | $846 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
MLS Number: 710068
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Ask me questions while you tour the home.