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Sevier 37862
4002 Wears Cove Road
Photo of 4002 Wears Cove Road

26

Map

Photo of 4002 Wears Cove Road
Photo of 4002 Wears Cove Road
$489,900
● House - In Contract

4002 Wears Cove Road

Sevierville, TN 37862
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,400 Ft²
$2,420
Est. Monthly

About This Property

All photos /pictures are of one that was just completed.  They will be duplicating the same cabin on this lot. New Construction: A stunning 3-bedroom, 2-bath home with 1,200 sq ft and easy access. Luxury vinyl plank flooring throughout the entire residence.   Equipped with granite counter tops and high-end stainless steel appliances--including refrigerator, stove, microwave, and dishwasher--it's perfect as a second home, overnight rental, or permanent residence.  Covered decks in the front and back create additional outdoor living space. Built with wood siding, this site-built home exudes a true rustic cabin charm. Conveniently located near Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park.  Completely new and competitively priced, this property won't last long.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
2.23 acres
Price per sqft
$204
Property Type
House
Property Taxes
$14
HOA Dues
-
Year Built
-

Listed By

Michael McConnell

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago ( #311550)

Price History

Date / Event Date Event Price
May 12, 2026 In contract -
In contract
Apr 28, 2026 Listed by Mountain Realty Group $489,900
Listed by Mountain Realty Group

Property Highlights

Air Conditioning
Fireplace
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 2
Interior Features: Granite Counters, Kitchen/Dining Combo, Solid Surface Counters
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Flooring Type: Luxury Vinyl
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Electric
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 2400
Architectural Style: Cabin
Year Built: 2026
Building Area Total: 2400
Levels: One
Construction Materials: Frame, Wood Siding, Other
Patio and Porch Features: Covered, Deck, Porch
Lot Features: Irregular Lot, Wooded
Lot Size Area: 2.23
Lot Size Units: Acres
Lot Size Acres: 2.23
Lot Size Square Feet: 97138.8
Tax Lot: 9
Water Source: Well
Financial Details
Tax Annual Amount: $165
Utilities Details
Cooling Type: Central Air, Electric, Heat Pump
Heating Type: Central, Electric, Heat Pump
Sewer : Septic Tank

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 97,139
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WEARS COVE ACRES
  • Land Acres: 0000002230
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: WEARS COVE ACRES PB 26 PG 9 LOT 9

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080901

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 123
  • District: 06
  • Parcel: 123-036.08
  • Lot: 9
  • Municipality: SEVIER COUNTY
  • Latitude: 35.7145
  • Longitude: -83.6727

    Address

  • Full Address: 4002 Wears Cove Rd
  • Address - House Number: 4002
  • Address - Street Name: Wears Cove
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Sevierville
  • Carrier Code: R007
  • 4-Digit Zip Code: 8140
  • Zip Code: 37862

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,500
  • Tax Rate Code Area: 78A00

    Market Valuation

  • Market Total Value: $44,500
  • Market Land Value: $44,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $11,125
  • Assessed Land Value: $11,125

    Sales

  • Current Sale Contract Date: Jun 23, 2015
  • Current Sale Recording Date: Jun 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15026212
  • Previous Sale Recording Date: Jan 15, 1998
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Sevier

Stats & Trends

Median Asking:

$555,000

Sale Price/ft²

$333

Below Asking

0.02%

Average Days on Market

98

Average Home Size

2189 ft²

Average Home Age

22.8 years

Currently For Sale

2485 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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Frequently Asked Questions

When was property at 4002 Wears Cove Road built and last sold?
The property at 4002 Wears Cove Road was built in and last sold on Jun 23, 2015 for $36,000.
How much is this home worth?
The estimated value of the home located at 4002 Wears Cove Road is $508,745.
What are some comparable homes to 4002 Wears Cove Road?
There are currently no comparable homes to 4002 Wears Cove Road.
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