$599,000
$51K PRICE DROP

121 & 141 Spring St Sevierville, TN 37862

Sevierville Area

Estimated payment $3,354/month

Total Views 12,115
2 Beds
1 Bath
768 Sq Ft
$780 Price per Sq Ft

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!

Listing Agent

Benson Bryant

Jackson Real Estate & Auction License #369554 Listed on: 01/10/2026

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$727

Year Built

Built in 1997

Lot Details

5.43 Acres

Parking

2

Listing Details

  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.43
  • Lot Size: 5.43 acres
  • Road Frontage Type: City Street, County Road, Private Road
  • Road Surface Type: Gravel, Paved
  • Directions: From Winfield Dunn Parkway take Right on W Main street. Turn Right on Old Knoxville HWY to High Drive top of the hill. And turn on Spring ST for the other 2 houses.
  • Above Grade Finished Sq Ft: 768.0
  • New Construction: No
  • Structure Type: House
  • Farm Details: Spring
  • Special Features: None

Interior Features

  • Levels: One
  • Accessibility Features: Accessible Approach with Ramp
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 768.0

Exterior Features

  • Lot Features: Back Yard, Cul-De-Sac, City Lot, Sloped, Split Possible, Steep Slope, Wooded
  • Waterfront: No
  • Other Structures: RV/Boat Storage, Shed(s), Small Storage, Equipment Building
  • Property Condition: Fixer

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Fiber Internet
  • Water Source: Public, Spring, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 236530.8
  • Additional Parcels: Yes
  • Parcel #: 049A A 021.00

Tax Info

  • Tax Annual Amount: 726.81
  • Tax Map Number: 049A A 021.00
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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®

Source: Lakeway Area Association of REALTORS®

MLS Number: 710068

Lakeway Area Association of REALTORS®
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