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    The Largest CRE Database in the US with Over 1 Million Listings

    4228 Wears Valley Rd, Unit 142 Sevierville, TN 37862

    Sponsored
    For Sale
    $649,999

    MULTI_FAMILY - Sevierville, TN

    Property size:
    2,156 SF
    Days on Market:
    8
    Last Refresh:
    Jan 29 at 4:06 pm

    Property Features for 4228 Wears Valley Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    Rooms
    Bedroom 1, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2
    Bedrooms
    2
    Bathrooms
    3
    APN
    134 00700 012
    Fireplace
    1
    Size
    2,156 SF

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Year built
    2022
    Floors in Building
    2

    We can help!

    Listing Contact
    Karen Chenaille

    EXP REALTY LLC (888) 519-5113

    Listing agent Karen Chenaille (865) 770-0743

    Listing date Jan 22, 2026

    MLS# 309857 Listing URL

    Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Sevierville Modern Log Cabin

    Located in the Timber Cove community along Wears Valley Road in Sevierville, Tennessee, this modern log cabin offers mountain living and investment potential. The property has a 4.99 star rating and Guest Favorite badge on Air BnB. It is situated minutes from the Great Smoky Mountains National Park entrance and a short drive to Pigeon Forge attractions. The open-concept great room features wood finishes, a leather sectional, and a stone-surround electric fireplace. Sliding glass doors and windows provide mountain views. The kitchen includes dark cabinetry, a large island, stainless appliances, and a farmhouse sink. Multiple bedrooms offer flexible sleeping options with king and queen beds. The bathrooms feature step-in showers with dual shower heads. Outside, covered decks include a hot tub. The property includes a game room and high-end finishes. The property is suitable as a second home or a short-term rental investment. The property size is 2156 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Dancing Firefly Cabin Vacation Home Rental Agency Mountain Dew (Cabin) Camping Cabin SUMMIT VIEW Camping Cabin

    Suggested Use

    Restaurant Realty agency Building Supply Department Store Food Market HVAC Service Grocery Store Bar & Pub Discount Store Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.67762
    Latitude
    35.701955

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    FAQs

    What type of property is this?
    Short term rental property - Modern log cabin in Timber Cove, near Smoky Mountains National Park.
    Where is this short term rental property located?
    The property is located at 4228 Wears Valley Rd, Unit 142 Sevierville, TN.
    What is the asking price?
    The asking price for this property is $649,999.
    What are key features of this property?
    This property features: - High-performing short-term rental with a 4.99-star rating and Guest Favorite badge on Air BnB.; - Prime location in the desirable Timber Cove community of Wears Valley, near the Great Smoky Mountains National Park and Pigeon Forge.; - Breathtaking layered mountain views from expansive windows and covered decks.
    (865) 770-0743
    Request Owner's contact information
    4228 Wears Valley Rd, Unit 142 Sevierville, TN 37862
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    Sevierville, TN 37862
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4228 Wears Valley Rd, Unit 142 Sevierville, TN 37862
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    We can help!
    Listing Contact
    Karen Chenaille
    (865) 770-0743
    Learn more
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