by Lee Lin

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Sevier 37862
2414 Walnut Cove Way Way
$1,585,000
↓ $40K (2.5%)
● House - Active

2414 Walnut Cove Way Way

Sevierville, TN 37862
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,227 Ft²
$8,061
Est. Monthly
$38
HOA / Fees

About This Property

Privately positioned within a peaceful cul-de-sac on nearly two acres of park-like grounds, this exceptional true-log mountain retreat offers a rare combination of scale, privacy, and sweeping Smoky Mountain views--paired with impressive short-term rental performance. Currently on track to generate approximately $170,000 in rental revenue for 2026, the property presents a compelling opportunity for both refined personal enjoyment and high-level investment in East Tennessee's thriving vacation market.

The grounds are as remarkable as the residence itself. A **spacious, level yard--an uncommon feature in the mountains--**provides ample room for gathering, recreation, and outdoor enjoyment, all framed by long-range vistas. Enhancing the experience, expansive wraparound decking and covered outdoor entertainment areas create multiple settings for dining, hosting, and relaxation. A built-in gas grill, fire feature, and private hot tub offer a seamless outdoor lifestyle, while park-style grills, a dedicated picnic area, and an added recreation space with a basketball hoop create a dynamic environment for guests of all ages.

Inside, the home reflects the warmth of authentic log construction paired with thoughtful design across multiple levels. The main level is anchored by an inviting great room featuring a dramatic stacked-stone fireplace and rich timber finishes. The adjoining kitchen offers solid-surface countertops, a peninsula with a newly installed cooktop (2024), and convenient access to a half bath and laundry. The primary suite is generously scaled, featuring a spa-style bath with jetted tub and separate shower.

Upstairs, two well-appointed bedrooms--including a private king suite and a queen suite--capture elevated mountain views, complemented by a flexible sitting area ideal for games or quiet retreat.

The daylight lower level expands the home's versatility with additional sleeping accommodations, including a king suite with direct hot tub access and a spacious bunk room. A large recreation room features a second fireplace, billiards, foosball, and lounge space, along with access to a covered patio that extends the indoor-outdoor living experience.

A newly completed private theater room adds a final layer of entertainment, offering seating for six and a 100-inch screen for an immersive cinematic experience.

While the septic system is permitted for four bedrooms, an additional room with a closet provides flexible use for owners or guests.

With its rare usable acreage, expansive outdoor living spaces, authentic craftsmanship, and projected $170K+ annual rental performance, this Smoky Mountain estate represents a distinctive opportunity for those seeking a private mountain retreat with meaningful investment return in one of East Tennessee's most desirable destinations.
Unit Size
4,227 Ft²
Days on Market
185 days
Land Size
1.62 acres
Price per sqft
$375
Property Type
House
Property Taxes
$240
HOA Dues
$38
Year Built
2003

Listed By

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Last updated: 16 days ago (East Tennessee Realtors #1337201)

Price History

Date / Event Date Event Price
Oct 4, 2026 Price Decreased $1,585,000
↓ $40K (2.5%)
Price Decreased
Apr 16, 2026 Listed by eXp Realty, LLC $1,625,000
Listed by eXp Realty, LLC
Dec 13, 2025 No longer available -
No longer available
Sep 24, 2025 Price Decreased $1,595,000
↓ $95K (5.6%)
Price Decreased
May 15, 2025 Listed by Franklin Realty $1,690,000
Listed by Franklin Realty
Welcome to your dream mountain escape! Whether you're seeking a luxurious private retreat or an overnight rental investment, this stunning true log cabin offers the best of both worlds. Tucked away in a peaceful cul-de-sac, this spacious cabin boasts a rare, level front yard—perfect for children to play or pets to enjoy (note: pets are currently not allowed in the rental program, but owners have brought their own dog). Recent exterior upgrades include two park-style grills and a picnic table, allowing you to savor breathtaking mountain views right from the yard. The covered deck offers even more entertaining space, featuring a built-in gas grill (plumbed to the propane tank), a propane fire pit, and a soothing hot tub—ideal for unwinding after a day in the mountains. Inside, the cabin continues to impress. While the septic system is rated for 4 bedrooms, there's a 5th room with a closet that offers flexible use as a bonus space. The main level features a spacious primary suite large enough for a king-size bedroom suite, ensuite bath with a jetted tub, and a separate shower. The inviting great room includes a stunning stacked-stone gas log fireplace, perfect for cozy evenings. The well-equipped kitchen offers solid surface countertops, a peninsula with a brand-new cooktop (2024), and flows into a convenient half bath and laundry room. Upstairs, you'll find two beautifully appointed bedrooms—one a king suite with ensuite bath, the other a charming queen suite—both offering breathtaking views. A cozy sitting area with a sleeper sofa, TV, and table makes an ideal game or puzzle space. The daylight basement features two additional bedrooms: a king suite with direct hot tub access and a spacious bunk room with two full-size bunk beds and plenty of storage. The basement also includes a large game room with a second gas fireplace, pool table, foosball table, vintage-style fridge, and access to a covered patio. Best of all, enjoy movie nights in the brand-new home theater room, complete with seating for six, new paint and carpet, a short-throw HD projector, and a 100-inch wall-mounted screen. This remarkable cabin has it all—location, luxury, and rental potential. Don't miss the chance to make it yours!
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Property Highlights

Air Conditioning
Fireplace
Parking Details
Parking Features: None
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Cathedral Ceiling(s)
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Other
Rooms: 15
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 2
Basement: Walk-Out Access, Finished
Exterior Details
Square Footage: 4227
Architectural Style: Cabin
Year Built: 2003
Building Area Total: 4227
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Features: Irregular Lot, Level, Rolling Slope
Lot Size Area: 1.62
Lot Size Units: Acres
Lot Size Acres: 1.62
Lot Size Square Feet: 70567.2
Water Source: Well
Financial Details
Tax Annual Amount: $2,886
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA Fee: $450
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: 6
  • Building Quality: 6
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 3
  • Basement Area: 1,542
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 70,567
  • Lot Size Depth Feet: 4,472
  • Lot Size Frontage Feet: 2,336
  • Total Building Area: 4,654
  • Gross Building Area: 4,654
  • Building Area: 4,654
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 4,654
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOGWOOD FARMS PHASE V
  • Land Acres: 0000001620
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: DOGWOOD FARMS PHASE V PB 34 PG 222 LOT 16-R RESUB OF LOTS 16;17;18 233.62 X 447.16 IRR

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 081002

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 114D
  • District: 06
  • Parcel: 114D-B-017.00
  • Lot: 16R
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7457
  • Longitude: -83.6031

    Address

  • Full Address: 2414 Walnut Cove Way
  • Address - House Number: 2414
  • Address - Street Name: Walnut Cove
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Sevierville
  • Zip Code: 37862

Valuation

    Tax

  • Total Area: 1,570
  • Tax Year: 2023
  • Tax Amount: $461,700
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.2531
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 64
  • Final Value: 1,404,898
  • High Value: 1,760,478
  • Low Value: 1,049,317

    Market Valuation

  • Market Total Value: $779,900
  • Market Land Value: $70,000
  • Market Improvement Value: $709,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $194,975
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $177,475

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16197
  • Previous Sale Recording Date: Oct 08, 2020
  • Previous Sale Contract Date: Oct 08, 2020
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sevier


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Frequently Asked Questions

When was property at 2414 Walnut Cove Way built and last sold?
The property at 2414 Walnut Cove Way was built in 2003 and last sold on May 26, 2023 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 2414 Walnut Cove Way is $1,575,945.
What are some comparable homes to 2414 Walnut Cove Way?
There are currently no comparable homes to 2414 Walnut Cove Way.