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About This Home

This 9-bedroom, 7-bathroom single family at 3804 Wears Valley Road in Sevierville, TN is listed for $995,000 ($319 per sqft). Built in 1975, the home offers 3,120 sqft of living space on a 0.64 acres lot.

Agent Description

Wild Mountain Lodge presents a rare opportunity to acquire a boutique hospitality asset with additional event-driven income potential in the highly sought-after Wears Valley area of Sevierville, Tennessee. Ideally positioned just minutes from Pigeon Forge, Gatlinburg, Townsend, and the Great Smoky Mountains National Park, this property benefits fro

m exceptionally strong year-round tourism while offering guests a quieter, scenic mountain setting along one of the Smokies' most traveled tourism corridors near the Foothills Parkway. The property features 7 recently refurbished guest suites designed to accommodate a wide range of travelers, including couples, families, and small groups.

The unit mix allows for flexible occupancy, with accommodations collectively sleeping approximately 24 guests. All rooms are clean, well-maintained, and supported by outdoor amenities including a picnic and barbecue area, fire pit, rocking chair seating, a dedicated dog run, and a large, level parking area suitable for vehicles with trailers--an attractive feature during the area's popular car shows and seasonal events.

Included in the offering is an adjacent parcel currently utilized as a wedding and event venue, featuring a purpose-built outdoor stage (approximately 44' x 30') with mountain views and open lawn space for gatherings. This venue creates a natural synergy with the lodge, allowing for bundled lodging and event bookings that can significantly enhance overall revenue.

Additional structures on-site provide the opportunity to be completed as bridal suites, guest amenities, or restroom facilities, further increasing usability and income potential. The property is currently operating with an established reservation system, with reported income derived from online bookings.

Historical financials do not fully capture all revenue streams, including walk-in and cash bookings, creating immediate upside potential for a new owner through improved revenue tracking, expanded event utilization, optimized nightly rates, and enhanced marketing reach.

Now offered at $995,000, the property presents an attractive income-based investment with an estimated in-place cap rate exceeding 12% based on reported operating income alone. This is an ideal opportunity for an investor or owner-operator seeking a turnkey boutique lodge with multiple value-add opportunities in one of the most visited tourism destinations in the United States.

Key Features

  • Built in 1975
  • 0.64 acre lot

Property Details

1 story
7 full
1975

Monthly Cost Estimate

$5,321/mo

20% down · 6.5% · 30 years

Principal$720
Interest$4,312
Insurance$290

Estimates only. Actual payments may vary.

Location

3804 Wears Valley Road

Sevierville, TN 37862

Questions & Answers

This 9-bedroom, 7-bathroom single family at 3804 Wears Valley Road is listed at $995,000 ($319/sqft). The estimated monthly payment is $4,312 based on 20% down at 6.5% interest.

Key features include: Built in 1975, 0.64 acre lot.

This property is listed by Randy Bable and can be reached at 8653646868 or randy.b@10realty.net.

RB

Randy Bable

Agent at 10 Realty, LLC

(865) 364-6868

Listed by 10 Realty, LLC · View on Broker Site

MLS# 311283· Source: listhub· Updated 54 days ago

Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3804 Wears Valley Road, Sevierville, TN 37862

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