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  • $550,000

    2620 Wears Valley Rd, Sevierville, TN 37862

    3beds
    1,722sqft
    Single Family Residence, Residential
    Built in 1960
    1.22 Acres Lot
    $539,500 Zestimate®
    $319/sqft
    $2,599 Estimated rent

    Home value

    $539,500

    $469,000 - $620,000

    $2,599/mo

    Zestimate® history
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    What's special

    PRIME MULTIPLE INVESTMENT OPPORTUNITY! 1.22 acres (additional acreage available for sale separately!), NO RESTRICTIONS, with breathtaking Great Smoky Mountains National Park mountain views. 2 structures on 1.22 acres (an additional 2 acres higher on the mountain is also available for sale separately that's already approved 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 additional 2-acre lot that's sold separately can also be accessed from Wears Overlook Ln (see driveway easement agreement in docs for more info). 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. HIGHLY MOTIVATED SELLERS - BRING YOUR OFFERS! Sold AS IS. Buyer to verify all information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Amos 865-968-7473,

    MG Rise Real Estate Group

    Bought with:

    Jennifer Amos, 370425

    MG Rise Real Estate Group

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3593489MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Kitchen
    • Features: Pantry
    • Level: Pantry
    Living room
    • Features: Great Room
    • Level: Great Room
    Other
    • Features: Florida Room
    • Level: Florida Room
    Other
    • Features: Office
    • Level: Office
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Range, Oven
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Pantry, Ceiling Fan(s)
    • Flooring: Wood, Laminate, Tile
    • Basement: None
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,722
    • Total interior livable area: 1,722 sqft
    • Finished area above ground: 1,722

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio, Porch, Covered
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1.22 Acres
    • Features: Private, Wooded, Other, Rolling Slope
    • Topography: Private,Wooded,Other,Rolling Slope
    Details
    • Additional structures: Guest House, Storage
    • Parcel number: 114 00600 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Other
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $319/sqft
    • Tax assessed value: $238,000
    • Annual tax amount: $881
    • Date on market: 9/16/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/9/2026Sold$550,000+39.2%$319/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3593489 Report a problem
    1/18/2026Pending sale$395,000$229/sqft
    Source: East Tennessee Realtors #1313473 Report a problem
    12/31/2025Price change$395,000-12.2%$229/sqft
    Source: East Tennessee Realtors #1313473 Report a problem
    8/28/2025Price change$450,000-18.2%$261/sqft
    Source: GSMAR, GSMMLS #308026 Report a problem
    7/25/2025Price change$550,000-4.3%$319/sqft
    Source: GSMAR, GSMMLS #305518 Report a problem
    7/21/2025Listed for sale$575,000$334/sqft
    Source: East Tennessee Realtors #1287995 Report a problem
    5/7/2025Pending sale$575,000$334/sqft
    Source: East Tennessee Realtors #1287995 Report a problem
    4/28/2025Price change$575,000-4%$334/sqft
    Source: East Tennessee Realtors #1287995 Report a problem
    3/19/2025Price change$599,000-4.2%$348/sqft
    Source: East Tennessee Realtors #1287995 Report a problem
    2/16/2025Price change$625,000-7.3%$363/sqft
    Source: East Tennessee Realtors #1287995 Report a problem
    2/15/2025Price change$674,000+39.5%$391/sqft
    Source: East Tennessee Realtors #1287995 Report a problem
    2/15/2025Price change$483,000-28.4%$280/sqft
    Source: East Tennessee Realtors #1279804 Report a problem
    1/27/2025Price change$675,000+39.5%$392/sqft
    Source: East Tennessee Realtors #1287995 Report a problem
    11/22/2024Price change$484,000-0.2%$281/sqft
    Source: East Tennessee Realtors #1279804 Report a problem
    10/18/2024Listed for sale$485,000-17.1%$282/sqft
    Source: East Tennessee Realtors #1279804 Report a problem
    8/20/2024Listing removed--
    Source: GSMAR, GSMMLS #260893 Report a problem
    2/27/2024Price change$585,000-6.4%$340/sqft
    Source: East Tennessee Realtors #1236872 Report a problem
    12/9/2023Price change$624,900-3.7%$363/sqft
    Source: East Tennessee Realtors #1236872 Report a problem
    10/7/2023Price change$649,000-3.8%$377/sqft
    Source: East Tennessee Realtors #1236872 Report a problem
    9/22/2023Price change$674,900-0.8%$392/sqft
    Source: East Tennessee Realtors #1236872 Report a problem
    8/18/2023Listed for sale$680,000$395/sqft
    Source: GSMAR, GSMMLS #260893 Report a problem
    8/7/2023Listing removed$680,000$395/sqft
    Source: East Tennessee Realtors #1219122 Report a problem
    4/10/2023Price change$680,000+18.3%$395/sqft
    Source: East Tennessee Realtors #1219122 Report a problem
    2/26/2023Listed for sale$575,000-5.6%$334/sqft
    Source: GSMAR, GSMMLS #255976 Report a problem
    2/2/2023Listing removed$609,000$354/sqft
    Source: East Tennessee Realtors #1213099 Report a problem
    12/4/2022Listed for sale$609,000+292.9%$354/sqft
    Source: East Tennessee Realtors #1213099 Report a problem
    3/8/2000Sold$155,000$90/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$881 $59,500
    2024$881 $59,500
    2023$881 +45.4%$59,500 +45.4%
    2022$606 $40,925
    2021-- $40,925 +11.9%
    2020$680 $36,575
    2019$680 $36,575
    2018$680 +0%$36,575
    2017$680 $36,575
    2016$680 $36,575 -2.4%
    2015-- $37,475 0%
    2014$611 $37,484
    2013$611 $37,484
    2012$611 $37,484
    2011$611 $37,484
    2010-- $37,484 -2.4%
    2009$591 $38,405
    2008$591 $38,405
    2007$591 +14.9%$38,405
    2006$515 -19.3%$38,405
    2005$638 +17.1%$38,405 +17.1%
    2004$545 +14.5%$32,806
    2002$476 $32,806 -29.6%
    2001-- $46,599 -75%
    2000-- $186,396
    Find assessor info on the county website

    Neighborhood: 37862

    Nearby schools

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    Estimated market value

    $539,500

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $539,500