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For sale
  • $2,600,000

    1293 Laurel Lick Rd, Sevierville, TN 37862

    4beds
    4,800sqft
    : 
    Single Family Residence
    Built in 1995
    24.58 Acres Lot
    $-- Zestimate®
    $542/sqft
    $-- HOA

    What's special

    Pickleball courtHot tub
    Strategic short-term rental development opportunity offering 24+ acres in one of the Smoky Mountains' most proven tourism corridors, with direct access to Pigeon Forge, Gatlinburg, Dollywood, The Island, and the Great Smoky Mountains National Park. Positioned inside the demand--not outside of it--this property benefits from consistent booking velocity, year-round visitation, and one of the strongest tourism economies in the Southeast. This is not a raw land offering. The property is anchored by an income-producing short-term rental generating $100,000+ annually, providing immediate revenue while future expansion is executed. Existing improvements, access, and infrastructure create a partially de-risked entry point for buyers seeking both stability and upside. The homes boats 4 bedrooms with 2 additional sleeping areas, 3 full baths and 4800 square feet. The site supports a phased development strategy designed to scale unit count and overall revenue over time. Identified expansion areas, combined with favorable topography and layout, allow for additional cabin placements without disrupting current operations. A new survey and site plan proposal are in progress, focused on maximizing the property's highest and best use through intentional, phased growth. The existing asset demonstrates a proven, experience-driven rental model. Configured for large-group occupancy, it features high-value amenities including a pool, hot tub, pickleball court, and expansive indoor and outdoor gathering areas. These elements drive premium nightly rates, repeat bookings, and strong guest demand, providing a clear blueprint for future unit design and positioning. From a development perspective, this property offers multiple execution paths. Buyers can expand with compact, high-yield cabin product designed to optimize revenue per square foot, pursue a boutique STR community layout, or structure a build-to-sell strategy that increases total inventory and exit optionality. The ability to control an operating asset while scaling additional units creates a rare alignment of immediate cash flow and long-term value creation. Located within a high-conversion tourism corridor supported by millions of annual visitors and ongoing capital investment, the property is positioned to capture sustained demand from both regional and national travel markets. Continued growth in the area reinforces long-term appreciation and revenue potential. Opportunities that combine in-place income, scalable acreage, and expansion-ready infrastructure in this location are increasingly limited. This offering is well-suited for developers, builder-operators, and investors seeking a disciplined path to growth within a high-demand short-term rental market. This is more than a property--it is a scalable income and development platform with a clear path to execution Virtual tour available upon request
    35 days
    |
    1,229
    |
    60
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Williams 865-806-9005,

    LPT Realty, LLC 877-366-2213

    Source: East Tennessee Realtors,MLS#: 1333227MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bonus Room
      Heating
      • Central, Propane, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
      Features
      • Walk-In Closet(s), Cathedral Ceiling(s), Eat-in Kitchen, Bonus Room
      • Flooring: Other, Carpet, Hardwood, Tile
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 4,800
      • Total interior livable area: 4,800 sqft

      Property

      Parking
      • Parking features: Main Level
      Features
      • Has private pool: Yes
      • Pool features: Above Ground, In Ground
      • Has view: Yes
      • View description: Mountain(s), Trees/Woods
      • Waterfront features: Pond, Creek
      Lot
      • Size: 24.58 Acres
      • Features: Wooded, Level, Rolling Slope
      Details
      • Additional structures: Storage
      • Parcel number: 105 02402 001

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,Cabin
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Frame
      Condition
      • Year built: 1995

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Sevierville

      Financial & listing details

      • Price per square foot: $542/sqft
      • Tax assessed value: $84,700
      • Annual tax amount: $84
      • Date on market: 3/18/2026
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/18/2026Listed for sale$2,600,000+18.2%$542/sqft
        Source: East Tennessee Realtors #1333227 Report a problem
        1/1/2026Listing removed$2,200,000$458/sqft
        Source: East Tennessee Realtors #1303326 Report a problem
        8/7/2025Price change$2,200,000-6.4%$458/sqft
        Source: East Tennessee Realtors #1303326 Report a problem
        6/3/2025Listed for sale$2,350,000+62.1%$490/sqft
        Source: East Tennessee Realtors #1303326 Report a problem
        6/23/2021Sold$1,450,000-9.3%$302/sqft
        Source: East Tennessee Realtors #1137673 Report a problem
        3/25/2021Listing removed--
        Source: GSMAR, GSMMLS Report a problem
        12/7/2020Listed for sale$1,599,000+166.9%$333/sqft
        Source: Mountain Realty Group #231451 Report a problem
        9/30/2019Listing removed$599,000$125/sqft
        Source: Owner Report a problem
        3/25/2019Price change$599,000-7.8%$125/sqft
        Source: Owner Report a problem
        12/2/2018Listed for sale$650,000$135/sqft
        Source: Owner Report a problem
        9/19/2018Listing removed$650,000$135/sqft
        Source: Owner Report a problem
        6/21/2018Listed for sale$650,000-5.8%$135/sqft
        Source: Owner Report a problem
        11/1/2017Listing removed$690,000$144/sqft
        Source: Maryville #984584 Report a problem
        4/29/2017Price change$690,000+0.7%$144/sqft
        Source: Maryville #984584 Report a problem
        4/26/2017Price change$685,000-0.7%$143/sqft
        Source: Maryville #984584 Report a problem
        4/14/2017Price change$690,000+0.7%$144/sqft
        Source: Keller Williams - Maryville #984584 Report a problem
        11/17/2016Listed for sale$685,000-8.5%$143/sqft
        Source: Keller Williams - Maryville #984584 Report a problem
        10/16/2016Listing removed$749,000$156/sqft
        Source: EXIT TN REALTY PROS #192637 Report a problem
        11/11/2014Price change$749,000-16.7%$156/sqft
        Source: Tennessee Realty Pros, LLC #192637 Report a problem
        10/21/2014Price change$899,000+20%$187/sqft
        Source: Tennessee Realty Pros, LLC #192637 Report a problem
        10/17/2013Listed for sale$749,000-6.3%$156/sqft
        Source: Tennessee Realty Pros, LLC #185171 Report a problem
        8/20/2013Listing removed$799,000$166/sqft
        Source: Tennessee Realty Pros, LLC #176348 Report a problem
        2/9/2013Listed for sale$799,000$166/sqft
        Source: Tennessee Realty Pros, LLC #176348 Report a problem
        3/29/2012Listing removed$799,000$166/sqft
        Source: Tennessee Realty Pros, LLC #172400 Report a problem
        3/10/2012Price change$799,000-20%$166/sqft
        Source: Tennessee Realty Pros, LLC #172400 Report a problem
        7/30/2011Listed for sale$999,000+233%$208/sqft
        Source: Tennessee Realty Pros, LLC #168603 Report a problem
        5/7/2001Sold$300,000$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$84 $5,675
        2024$84 -93.7%$5,675 -93.7%
        2023$1,332 $90,025
        2022$1,332 $90,025
        2021-- $90,025 +21.2%
        2020$1,382 $74,300
        2019$1,382 $74,300
        2018$1,382 0%$74,300
        2017$1,382 $74,300
        2016$1,382 $74,300
        2015-- --
        2014$1,255 $76,978
        2013$1,255 $76,978
        2012$1,255 $76,978
        2011$1,255 $76,978
        2010-- $76,978 +16.5%
        2009$1,017 $66,062
        2008$1,017 $66,062
        2007$1,017 +14.9%$66,062
        2006$885 -19.3%$66,062
        2005$1,097 +17.2%$66,062 +17.2%
        2004$936 +14.5%$56,389
        2002$818 $56,389 -26.8%
        2001-- $76,982 -75%
        2000-- $307,927

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $13,971/mo
        Principal & interest
        $13408
        Property taxes
        $563
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          Climate risks

          Neighborhood: 37862

          Getting around

          0 / 100
          Car-Dependent
          24 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Pigeon Forge
          • Middle: Pigeon Forge
          • High: Pigeon Forge

          Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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