$2,500,000

Single Family Detached Sevierville

  • 3 Beds
  • 3 Baths
  • 4,800 Sqft
  • 23.74 Ac lot
  • Updated: August 5
  • 5
    Views for last 30 days
  • MLS#313064

About the Property

Don’t miss the video! 6 Designated Sleeping Areas **Opportunities of this scale are becoming increasingly rare in the Smoky Mountains.** Set on 23.74 private acres, this exceptional income-producing **hospitality estate** offers the rare combination of an established short-term rental, outstanding privacy, resort-style amenities, and the opportunity to create **a destination within one of America’
Don’t miss the video! 6 Designated Sleeping Areas **Opportunities of this scale are becoming increasingly rare in the Smoky Mountains.** Set on 23.74 private acres, this exceptional income-producing **hospitality estate** offers the rare combination of an established short-term rental, outstanding privacy, resort-style amenities, and the opportunity to create **a destination within one of America’s premier vacation destinations.** Designed to comfortably accommodate large groups with **six distinct sleeping areas**, the property delivers an experience that extends far beyond a traditional mountain retreat. Guests can enjoy the private pickleball court, swimming pool, hot tub, private pond, pool table, shuffleboard, foosball, expansive gathering spaces, and the privacy and natural beauty that continue to make the Smoky Mountains one of the nation’s most sought-after travel destinations. The existing residence provides immediate income potential while serving as the foundation for an even greater vision. A preliminary development concept has been prepared illustrating the potential for **at least 13 additional units**. The concept has been designed to conform with current planning guidance for average slope and minimum lot size requirements, providing a strong framework for buyers exploring future expansion. What truly separates this property is its exceptional flexibility. Buyers can continue operating the existing income-producing retreat, create a private mountain estate or family compound, thoughtfully expand the property over time while maintaining ongoing revenue, develop additional accommodations for long-term ownership, or pursue a phased development strategy that creates multiple future exit opportunities. Few properties combine immediate operational income with the ability to adapt to so many different ownership and investment objectives. The expansive acreage is the true differentiator. While the existing improvements provide immediate operational value, the land creates the opportunity to thoughtfully enhance the guest experience through future amenities and additional accommodations or to execute a larger development vision. Whether the objective is to build and hold, build and sell, create a legacy estate, or maximize long-term value through strategic development, the property offers a level of optionality that is exceptionally difficult to duplicate in today’s Smoky Mountain market. Ideally located just minutes from Pigeon Forge, Dollywood, Gatlinburg, Great Smoky Mountains National Park, shopping, dining, and area attractions, the property offers the rare balance of seclusion and convenience that today’s homeowners, developers, hospitality operators, and investors all value. Properties offering nearly 24 acres, established income, resort-style amenities, documented expansion potential, and multiple ownership and exit pathways are exceptionally uncommon. Historical operating information, financial projections, preliminary development materials, and conceptual expansion information are available upon request. Full Offering Memorandum available upon request.
  • Property type

    House

  • Year built

    1995

  • Price/sqft

    $520

Features

  • Fireplace
  • Jacuzzi
  • Mountain View
  • Pool
  • Water View
  • Waterfront
  • Garden
  • Fire Pit
  • Terrace
Features

Lot

  • Mountain View
  • Water View
  • Waterfront
  • Privacy
  • Investment Property

Indoor

  • High Ceiling
  • Fireplace
  • Jacuzzi
  • Basement
  • Stone Countertops

Outdoor

  • Terrace
  • Fire Pit
  • Pool
  • Garden

Explore the Area

1293 Laurel Lick Road, Sevierville, TN 37862, Tennessee, United States View on Google Maps
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Knoxville-West

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Knoxville-West
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2021
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Knoxville-West
Knoxville-West
8550 Kingston Pike, 37919, Knoxville, United States
View agency profile
Last updated
August 5
First listed
Aug 2
Agent licence
#302107
Listing reference
2143446033427136
Listing status
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