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Shawn Wilmoth, CCIM

shawn@shawnwilmoth.com +1(865) 205-9353

$ 599,900

Est. payment | -/mo

Save

$ 599,900

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Sevier County - 27

MLS Listing ID 1328451

Year Built 1997

Annual Tax Amount $726

Source East Tennessee REALTORS® MLS

Property Description

2 HOMES, 4 PARCELS, 5.33 Acres in Sevier County, TN Investor Opportunity, OWNER WILLING TO SPLIT= PLEASE CALL AN AGENT FOR MORE INFORMATION Rare Multi-Home Investment in Sevier County! This incredible investment package includes three homes across four separate parcels (totaling 5.33 acres) being sold together—with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region—a prime destination for development, restoration, or long-term investment. Property Overview: 121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use. 141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels. Why Investors Will Love It: With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming—with rising property values, tourism growth, and increasing demand for quality long-term housing—making this property an excellent candidate for renovation, expansion, or multi-parcel resale. Motivated sellers are ready to make a deal—this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!

Location

State TN

County Sevier County - 27

Area Sevier County - 27

Direction From Winfield Dunn Parkway take Right on W Main street. Turn Right on Old Knoxville HWY . And turn on Spring ST for the other 2 houses.

Interior

Heating None, Central, Electric

Cooling Central Cooling, None

Flooring Laminate, Carpet, Vinyl

Exterior

Parking Features Detached

Garage Spaces 2.0

Garage Description 2.0

Roof Type Shingle,Other

Total Parking Spaces 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Jackson Real Estate & Auction

NEARBY SCHOOL & BUSINESS

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Shawn Wilmoth, CCIM

Agent License ID: 354366

shawn@shawnwilmoth.com

+1(865) 205-9353

308 N PETERS RD. STE 225, KNOXVILLE, TN 37922, United States

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121 & 141 Spring St Sevierville, TN 37862

Shawn Wilmoth, CCIM

Key Details

Location

Interior

Exterior

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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121 & 141 Spring St