3804 Wears Valley Road
Sevierville, TN, 37862 $ 995,000
Bedrooms9 Baths7.0 Sq 3,120 Monthly Estimate*
$ 6,126
for $995,000 with 9 bedrooms and 7 full baths. This 3,120 square foot home was built in 1975 on a lot size of 0.64.
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 from 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.
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FeaturesGeneralSewer Septic Tank
Zoning C2
Garage Spaces 0
Year Built 1975
Property Subtype Other
Tax Year 2025
County Sevier
New Construction false
Property Type Residential
HOA false
Subdivision Name Other
Garage Y/N false
Total Rooms 0
Full Baths 7
Status Active
Directions Take Wears Valley Rd from Sevierville past the Foothills Parkway exit in Wears Valley. Property will be just past that exit on the right
City Sevierville
MLS Area Wears Valley
Lot Size Units Acres
Lot Size Square Feet 27878.4
Tax Annual Amount 1362.04
MLS Area Minor Wears Valley
Standard Status Active
Tax Lot 4 & 5
Occupancy Overnight Only
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InteriorTotal Stories 1
Fireplace Y/N false
Above Grade Finished Area 3120
Half Baths 0
Total Bedrooms 9
Below Grade Finished Area 0
Total Baths 7
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ExteriorWater Source Well
Lot Size Area 0.64
Building Area Total 3120
Lot Size Acres 0.64
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* Excluded FeaturesList Byrandy.b@10realty.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,126
- Monthly Property Taxes
- $114
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Sevierville, TN
Average List Price $831,010
Percent of Sale Price 16%
About Sevierville, TN 15,602 Population
31% Since 2002
$ 40,641 Median Income
39.11 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/12/2026 | $995,000 | -17.08% | Price Down |
| 4/14/2026 | $1,200,000 | | Listed Price |