2414 Walnut Cove Way Way, Sevierville, TN 37862 (MLS# 1337201)


$1,625,000
2414 Walnut Cove Way Way
Sevierville, TN 37862
MLS# 1337201
4 beds  |  4227 sqft


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Property Description
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.

Details
Documents
Contract Info
Auction Y/N: No
Occupancy: Either
Listing Price: 1625000
Current Price: $1,625,000
Status: Active
Listing Date: 2026-04-16
Location, Tax & Legal Info
Area: Sevier County - 27
Property Sub-Type: Residential
City/County Code: County
Total Tax: 2885.63
General Property Description
Type: 3 Story
# Bedrooms: 4
Acres: 1.62
Acre Source: Tax Records
# of Rooms: 15
Restrictions: Yes
Site Built: Yes
Fireplace: Yes
HOA Fee: 450
HOA Freq: Yearly
HOA Contact: Dogwood Farms, Jim Gibbs
Property Status: N/A
SqFt - Main Lvl: 2629
SqFt - Down Lvl: 1598
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 2
HOA: Mandatory
Basement: Yes
Bonus Room: Yes
SqFt - Total (Aprox): 4227
Baths - Full: 5
Baths - 1/2: 1
Year Built: 2003
Remarks & Misc
Directions: Starting on the Parkway in Pigeon Forge, Take traffic light #3 onto Wears Valley Rd. Continue on Wears Valley Rd for 6.2 miles. Turn LEFT onto Valley View Rd. go 0.7 miles stay straight onto Little Cove Rd for 1.2 miles. Slight RIGHT onto Bench Mtn Way (turning into Dogwood Farms). Continue 0.2. turn onto slight RIGHT onto Black Bear Ridge 0.3. Turn LEFT onto Walnut Ridge Way. Destination on the LEFT In a Cul de sac- see sign.
Public Remarks: 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.
Atchd/Dtchd Type
Detached: 1
Style
Cabin: 1
Construction
Frame: 1
Fireplace
Gas Log: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Other: 1
Garage/Parking
None: 1
Basement
Finished: 1
Walkout: 1
Lot Description
Irregular Lot: 1
Level: 1
Rolling Slope: 1
Fuel
Electric: 1
View
Mountain View: 1
Heat
Central: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Exterior Features
Deck: 1
Misc Features
Cathedral Ceiling(s): 1
Hot Tub: 1
Walk-in Shower: 1
Washer/Dryer Connect: 1
Sewer
Septic Tank: 1
Water
Well: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 2414
Street Name: Walnut Cove Way
St Suffix: Way
State/Province: TN
Zip Code: 37862
PIN #: 114D B 01700 000
Subdivision: Dogwood Farms Phase V
Geo Lat: 35.745661
Geo Lon: -83.603025
Status Change Info
Status Change Date: 2026-04-17
Property Features
Style: Cabin
Construction: Frame
Basement: Finished; Walkout
Lot Description: Irregular Lot; Level; Rolling Slope
View: Mountain View
Fireplace: Gas Log
Floors: Other
Fuel: Electric
Heat: Central
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Sewer: Septic Tank
Water: Well
Misc Features: Cathedral Ceiling(s); Hot Tub; Walk-in Shower; Washer/Dryer Connect
Exterior Features: Deck
Showing: See Agent Instructns
New Financing: Cash; Conventional

IDX
Listing Office: eXp Realty, LLC

Office Phone: 888-519-5113

Last Updated: April - 17 - 2026

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