*OPEN TO OWNER FINANCING!!* Steak is jealous of how PRIME this LOCATION is! 2 acres of ~UNRESTRICTED~ Sevier County land just off Wears Valley Road. Build your dream Smoky Mountain getaway, or a short term rental property with projected revenue of $72k for a 3 bedroom home! This lot was recently approved for a 3 bedroom septic as of 8/8/24. Clear some trees for an incredibly breathtaking view of the Smoky Mountains and Wears Valley. Whatever your vision for a home in the Smoky Mountains, build it here. With the view you'll have, you won't regret it. *Additional 1.2 acres with 2 homes available, MLS # 1279804.* Buyer to verify all information. '2616' is used as a placeholder until buyer gets new address number for the lot upon closing/construction. Lot subdividing is very recent and a new parcel number has been submitted to the county.
Property Details
Property Features
Listing Office:
Office Name: MG Rise Real Estate Group
Office Phone: (865) 968-7473
Lot Features
Lot Information:
Lot: Private, Rolling/Hilly, Wooded, Irregular Lot
Lot Size: 2.00 Acres
Other
Directions Information:
Directions: GPS will get you mostly there. From exit 407, travel down Winfield Parkway for about 9 miles, then turn right onto the Parkway and travel about 4 miles, then turn right onto Wears Valley Road. After this point, GPS won't be correct. Continue 6 miles on Wears Valley Rd, then turn right onto Wears Overlook Ln. Continue on loop until you see sign on property. This is best access point to see land. Do not turn into 2616 or 2620 Wears Valley Rd. It will be difficult to see land.
Price Information
Listing Price Info
Price Summary:
List Price: $224,000
Tax Information:
Annual Amount: $669
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sevierville, TN.
This property is $251K less than the Median Sold Price in Sevierville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1279805
Listing Office:
Office Name: MG Rise Real Estate Group
Office Phone: (865) 968-7473
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,185
Per Month
Principal & Interest
$1,118
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$738
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Pigeon Forge Primary School
1766 Waldens Creek Rd
Distance between this listing and this school3.15 miles
Public District Grades PK-3
4
/10
Pi Beta Phi Elementary School
125 Cherokee Orchard Rd
Distance between this listing and this school6.95 miles
Public District Grades PK-6
5
/10
Townsend Elementary School
140 Tiger Dr
Distance between this listing and this school8.54 miles
Public District Grades PK-5
Nearby Schools
5
/10
Wearwood Elementary School
3150 Wearwood Dr
Distance between this listing and this school1.58 miles
Public District Grades KG-8
4
/10
Pigeon Forge Junior High School
300 Wears Valley Rd
Distance between this listing and this school4.78 miles
Public District Grades 7-9
3
/10
Sevierville Middle School
520 High St
Distance between this listing and this school9.06 miles
Public District Grades 6-8
Nearby Schools
5
/10
Pigeon Forge High School
414 Tiger Dr
Distance between this listing and this school4.83 miles
Public District Grades 10-12
5
/10
Sevier County High School
1200 Dolly Parton Pkwy
Distance between this listing and this school10.14 miles
Public District Grades 9-12
7
/10
Gatlinburg Pittman High School
150 Proffitt Rd
Distance between this listing and this school10.19 miles
The neighbors living near this home have an average income of $49,267. The majority of Sevierville, TN residents have income between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Sevierville, TN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Sevierville, TN?
Sevierville's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include rustic cabins, contemporary designs, and traditional brick homes. The market also features condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a variety of development phases, with many homes dating back to the late 20th century, reflecting the town's growth during that period.
Is Sevierville, TN a good place to live?
Sevierville is celebrated for its small-town charm and proximity to natural attractions, including the Great Smoky Mountains National Park. The community prides itself on a family-friendly atmosphere and a strong sense of local heritage, with annual events that showcase regional music, crafts, and cuisine. The town's character is further enriched by its historical sites and the presence of local businesses that contribute to its unique identity.
Are things conveniently located in Sevierville, TN?
The community is served by a network of public schools, including several elementary, middle, and high schools, as well as private educational institutions that offer alternative learning environments. Healthcare services are accessible, with local clinics and a hospital that provides emergency care, outpatient services, and specialized medical treatments. Sevierville also boasts a public library system that supports lifelong learning and community engagement. Retail and dining options are abundant, ranging from local boutiques and eateries to well-known chains, reflecting both the town's culture and its appeal to visitors.
What does the transportation in Sevierville, TN look like?
Transportation in Sevierville includes a variety of options for residents and visitors. The town's layout facilitates private vehicle use, with a network of roads connecting to major highways for convenient regional travel. Public transportation services are available, offering routes that connect key areas of the town and surrounding attractions. The community's walkability varies by area, with the downtown district being particularly pedestrian-friendly. Ride-sharing services are operational in Sevierville, providing an alternative mode of transport for those without access to a private vehicle.
Frequently Asked Questions About 2616 Wears Valley Rd
What is the listing price of this property?
The listing price of 2616 Wears Valley Rd property is $224,000.
What type of property is this?
The property 2616 Wears Valley Rd is land located in Sevierville, Tennessee, 37862.
Is this property for sale now?
Active Listing: 2616 Wears Valley Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $669 (source: MLS/based on county public records data).
How much acreage is this property?
The property 2616 Wears Valley Rd is 2.00 acres.
Interested in 2616 Wears Valley Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2616 Wears Valley Rd in Sevierville, TN and zip code 37862. This home sits on a 2.00 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $224,000.
In November 2024, from all listings sold in Sevierville, TN there were more than 5 sold above asking price, over 24 sold below and more than 10 were sold right at the asked price. In November 2024 in Sevierville, TN there were 7.4% more homes for sale than in October 2024. While the average time on the market in November 2024 was 69 days, the median list price was $475,000.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
Hunting
Hunting
NASCAR
Pro Wrestling
Wal-Mart
Bass Pro Shops
Dollar General
Hardee's
Jimmy Johns
Applebees
Ram
GMC
Chevrolet
Classic Country
New Country