$550,000
$49K PRICE DROP

2620 Wears Valley Rd Sevierville, TN 37862

Estimated payment $3,085/month

Total Views 1,167
2 Beds
1 Bath
1,722 Sq Ft
$319 Price per Sq Ft

Highlights

  • Accessory Dwelling Unit (ADU)
  • RV Access or Parking
  • 3.22 Acre Lot
  • Gatlinburg Pittman High School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

BACK ON THE MARKET DUE TO BUYER'S FINANCING FALLING THROUGH. 1-Year Home Warranty Provided!!

PRIME MULTIPLE INVESTMENT OPPORTUNITY! 3.22 total acres, NO RESTRICTIONS, with breathtaking Great Smoky Mountains National Park mountain views.

2 structures on 1.22 acres with an additional 2 acres higher on the mountain, already perked for a 3 bedroom septic. $70k+ annual income potential PER LOT!

LOCATION, LOCATION! 7 minutes to the Great Smoky Mountains National Park, 10 minutes to Pigeon Forge, Dolly's Stampede, the Island in Pigeon Forge, The Mountain Mile; 20 minutes to Gatlinburg, Anakeesta, Ripley's Aquarium, Sky Bridge, Ober Mountain.

420 feet of Wears Valley Road frontage means high visibility, easy access, and stunning year-round mountain views!

Not only do you get an easy access driveway off Wears Valley Rd, the 2-acre lot can also be accessed from Wears Overlook Ln (see driveway easement agreement in docs).

Main home is a 2 bed, 1 bath (~1,722 sq ft) with hardwood floors, wood-burning fireplace, sunroom, and deck with panoramic mountain views. Deck is 220V wired and ready for a hot tub!

2-story lofted studio has a half bath and hand-sewn Poplar wood flooring. It has huge potential to be converted into another living space by adding a kitchen.

Flat outdoor space beside studio is perfect for a fire pit area or an RV/camper with electricity, water, and septic access. Recent improvements include a newly rebuilt well, freshly graded driveway with new gravel, new window panes, new gutters, new water pump with new wiring, newer HVAC, and 2-year-old roof.

DON'T MISS THIS INVESTMENT GEM! Perfect for short-term rentals, a vacation property, or a creative live/work space.

OWNER FINANCING AVAILABLE! HIGHLY MOTIVATED SELLERS - BRING YOUR OFFERS!

Buyer to verify all information.

Listing Agent

Austin Amos

MG Rise Real Estate Group License #354588 Listed on: 07/21/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $881

Year Built

  • Built in 1960

Lot Details

  • 3.22 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Irregular Lot
  • Sloped Lot
  • Wooded Lot
  • Back and Front Yard

Parking

  • 1 Car Detached Garage
  • Garage on Main Level
  • Gravel Driveway
  • Open Parking
  • RV Access or Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,722 Sq Ft Home
  • 1-Story Property
  • Living Quarters
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rain Gutters
  • Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Wearwood Elementary School
  • Pigeon Forge High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Shared Well
  • Septic Tank
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 114 006.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$881

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Zoning: R-1
  • Current Use: Residential, Single Family
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Other, See Remarks
  • NumberUnfurnished: Unfurnished
  • Horses: No
  • ResoLaundryFeatures: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • ResoLotFeatures: Back Yard, Front Yard, Irregular Lot, Sloped, Subdivided, Views, Wooded, Country Setting
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Reso View: Mountain(s), Trees/Woods
  • ResoSecurityFeatures: Smoke Detector(s)
  • Pets Allowed: Yes
  • Co List Office Mls Id: 958
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1722.0
  • Architectural Style: Contemporary, Traditional
  • Fireplace: Yes
  • Reso Flooring: Hardwood, Laminate, Tile
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Garage(s), Outbuilding, Second Residence, Shed(s), Storage, Workshop, See Remarks
  • Reso Property Condition: Fixer
  • ResoWindowFeatures: Double Pane Windows
  • Financial Info Electric: 220 Volts
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 114 006.00 000
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 880.6
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 3.22
  • General Property Information Above Grade Finished Area: 1722.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Unfurnished
  • General Property Information Accessory Dwelling Unit YN2: Yes
  • General Property Information Home Warranty YN: Yes
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Cooling:Central Air: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: First
  • Room Types Living Room: Yes
  • Room Types Living Room Level: First
  • Room Types Primary Bedroom Level: First
  • General Property Information Waterfront YN: No
  • Road Frontage Type County Road: Yes
  • Utilities:Cable Available: Yes
  • Utilities Phone Available: Yes
  • Road Surface Type Gravel2: Yes
  • Levels:One: Yes
  • Utilities Electricity Connected: Yes
  • Foundation Details Slab: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures Storage4: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:Workshop: Yes
  • Architectural Style:Contemporary: Yes
  • General Property Information:Stories Total: 1
  • General Property Information Fireplace YN: Yes
  • Flooring Laminate: Yes
  • Interior Features LivingDining Combo: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features:Main Level: Yes
  • General Property Information Horse YN2: No
  • Exterior Features Lighting2: Yes
  • Property Condition:Fixer: Yes
  • Water Source Shared Well: Yes
  • Main Room Levels Main Level Bathrooms: 1
  • Main Room Levels Main Level Bedrooms: 2
  • Utilities Internet Available: Yes
  • Location Tax and Legal Elementary School: Wearwood Elementary
  • Location Tax and Legal High School: Pigeon Forge High
  • Architectural Style Traditional: Yes
  • Interior Features Additional Living Quarters: Yes
  • Laundry Features Inside: Yes
  • Other Structures Second Residence: Yes
  • View TreesWoods: Yes
  • Flooring Tile: Yes
  • Flooring:Hardwood: Yes
  • Lot Features Country Setting: Yes
  • Pets Allowed:Yes: Yes
  • Utilities:High Speed Internet Available: Yes
  • Parking Features Main Level Garage: Yes
  • Room Types Primary Bathroom Level: First
  • Utilities Satellite Dish Available: Yes
  • Room Types Bonus Room: Yes
  • Room Types Bonus Room Level: First
  • Room Types Sunroom: Yes
  • Room Types Sunroom Level: First
  • Room Types Recreation Room: Yes
  • Room Types Recreation Room Level: First
  • General Property Information Planned Unit Development (PUD): No
  • Electric 220 Volts: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Electric Range, Self Cleaning Oven
  • Interior Amenities: Additional Living Quarters, Ceiling Fan(s), Laminate Counters, Living/Dining Combo, Pantry, Storage, Walk-In Closet(s)
  • Street Number Modifier: 2620
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Total Bedrooms: 10
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:None3: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Pantry: Yes

Exterior Features

  • Exterior Features: Lighting, Rain Gutters, Storage
  • Roof: Composition
  • Fencing: None
  • Acres: 3.22
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller Disclosure, Lead Based Paint
  • Home Warranty: Yes
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Views: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Subdivided: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Driveway, Garage, Gravel, Main Level Garage, Open, RV Access/Parking, See Remarks
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage: Yes
  • Parking Features:RV AccessParking: Yes
  • Other Structures:Garage(s): Yes
  • Parking Features:Detached: Yes
  • Parking Features:Open: Yes

Utilities

  • Cooling: Central Air, Electric, Other
  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Internet Available, Phone Available, Satellite Dish Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Pigeon Forge High

Lot Info

  • Lot Size Sq Ft: 140263.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 114 006.00 000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 880.6
  • Tax Lot: 0

MLS Schools

  • Elementary School: Wearwood Elementary

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $881 $59,500 $28,675 $30,825
2023 $881 $59,500 $0 $0
2022 $606 $40,925 $26,125 $14,800
2021 $606 $40,925 $26,125 $14,800
2020 $680 $40,925 $26,125 $14,800
2019 $680 $36,575 $26,000 $10,575
2018 $680 $36,575 $26,000 $10,575
2017 $680 $36,575 $26,000 $10,575
2016 $680 $36,575 $26,000 $10,575
2015 -- $37,475 $0 $0
2014 $611 $37,484 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $550,000 -4.3% $319 / Sq Ft
07/21/2025 07/21/25 For Sale $575,000 0.0% $334 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/28/2025 04/28/25 Price Changed $575,000 -4.0% $334 / Sq Ft
03/21/2025 03/21/25 For Sale $599,000 -- $348 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,700 No Value Available
Closed $98,000 No Value Available
Source: Public Records

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Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 305518

Great Smoky Mountains Association of REALTORS®

APN: 114-006.00