RARE WEARS VALLEY OFFERING: Turn-key rental income TODAY + unlimited development potential TOMORROW.
💰 IMMEDIATE INCOME STREAM:
• Home #1: 3BD/2BA | 1,727 SF | 2002 Build | $1,500+/mo potential
- Attached 2-car garage + 20x20 detached garage + storage building
- 2-year-old Generac generator (professionally installed)
- Move-in ready with all appliances
• Home #2: 3BD/2BA | 1,320 SF | Currently rented month-to-month
- Immediate cash flow from day one
- Attached garage, turnkey condition
🌲 DEVELOPMENT-READY LAND: 31.46 combined acres of pristine Smoky Mountain terrain
• NO HOA restrictions - build your vision
• Perfect for: Spec homes | Vacation cabins | RV resort | Private estate
• Subdivision potential with proper planning approval
• Deeded ROW ensures accessibility
📍 LOCATION ADVANTAGES:
• 9.6 miles to Pigeon Forge (tourist traffic: 11M+ visitors/year)
• Minutes to Gatlinburg & Great Smoky Mountains National Park
• Private country setting with commercial amenity proximity
• Wears Valley - one of East TN's fastest-growing & most desired areas
💡 INVESTOR SCENARIOS:
✓ Hold both homes as rentals
✓ Sell Home #2, develop land, keep Home #1 as income
✓ Subdivide acreage into 5-10 acre parcels - (depending on county planning approval)
✓ Build luxury cabin community (high STR demand) Pending county planning approval
✓ Land bank for appreciation in high-growth corridor
🔑 PROPERTY HIGHLIGHTS:
• Total 34 acres across 3 contiguous parcels
• Well water & septic (both homes)
• County road frontage with deeded access
• Agricultural zoning (A-1) - flexible use options
• Survey available
• Appliances included in both homes
This is NOT a fixer-upper - this is a CASH-FLOWING asset with SCALABLE GROWTH POTENTIAL
Facts & Features
Property Info
Price
$1,150,000
Completion Year
2,002
Living Space
1,727 sq ft
Floors
1
Bedrooms
7
Bathrooms
3
Garage
4 spaces
Lot size
34 acres
Features & Amenities
Garage / Parking
4 spaces
Cooling
Ceiling Fan(s), Electric
Heating
Heat Pump
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Refrigerator