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    2244 Valley Mountain Way Sevierville, TN 37862

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    Claim this Listing
    For Sale
    $990,000

    MULTI_FAMILY - Sevierville, TN

    Property size:
    2,304 SF
    Price / SF:
    $429/SF
    Added:
    Apr 6, 2026
    Days on Market:
    28
    Last Refresh:
    May 3 at 12:06 am

    Property Features for 2244 Valley Mountain Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Rooms
    Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 1
    Parking features
    Off Street
    Patio and Porch features
    Porch
    Interior features
    Cathedral Ceiling(s)
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    103EA00200
    Size
    2,304 SF

    Taxes and HOA fees

    Tax Annual Amount
    3292

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2003
    Number of units
    2
    Flooring type
    Hardwood, Carpet
    Building materials
    Log
    Roof type
    Metal

    We can help!

    Listing Contact
    Chandle Turbyville
    Chandle Turbyville

    Listing agent Chandle Turbyville License #310087

    Listing office Holrob 7741 S Northshore Drive Suite 103, Knoxville, TN

    Listing date Apr 6, 2026

    MLS# 1335603 Listing URL

    Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sevierville Cabins with Resort Amenities

    This is a unique opportunity to own two side-by-side cabins with acreage in Little Valley Mountain Resort. The properties, Tucked Inn and Jeremiah's Lodge, are located adjacent to one another in a quiet cul-de-sac in the Wears Valley area. Tucked Inn is a 1075 square foot cabin featuring 2 bedrooms, 1 loft, and 2 en suite bathrooms, accommodating up to 8 guests. Jeremiah's Lodge is a 1229 square foot cabin with 2 bedrooms, 1 loft, and 2 en suite bathrooms, also sleeping 8. Both cabins include wood-burning fireplaces. Updates include granite countertops, appliances, and a water filtration system. Furnishings are included. A rental program is optional. Both cabins have their Short Term Rental fire permits. Resort amenities include a fishing pond, pickleball court, golf, disc golf, hiking trails, a swimming pool, and a wedding chapel. The properties can be sold separately, or together for the listed price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Restaurant Real Estate Agency Wine and Liquor Store Restaurant Travel Agency Hotel & Motel Bed & Breakfast

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

    Similar Places Nearby

    • Balsam Mist Lodge at Little Valley Mountain Resort — 2234 Stardust Mountain Way, Sevierville, TN 37862
    • Frontier Mountain — 2200-, 2298 stardust mountain way, sevierville, tn 37862
    • A Walk in the Clouds Cabin — 2044 Abbey Ln Way, Sevierville, TN 37862
    • Nordic Mountain Modern Lodge — 2529 Mountain Holly Way, Sevierville, TN 37862, United States
    • Smokey Mountain Estate — 2231 Ridgeland Cir, Sevierville, TN 37862

    Location Insight

    • Map
    • Local Demand
    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.638849
    Latitude
    35.767835

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    FAQs

    What type of property is this?
    Bed & breakfast - Two furnished cabins in Little Valley Mountain Resort, Sevierville, TN.
    Where is this bed & breakfast located?
    The property is located at 2244 Valley Mountain Way Sevierville, TN.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Two side‑by‑side cabins being sold together with acreage, offering significant rental income potential.; **Turn‑key short‑term rental (STR) opportunity** with both cabins fully furnished and having STR fire permits.; Each cabin features 2 bedrooms, a loft, and 2 en suite bathrooms, comfortably sleeping 8 people per cabin.
    (865) 342-8729
    We can help!
    Listing Contact
    Chandle Turbyville
    Chandle Turbyville
    Real Estate License ID: 310087
    Learn More
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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.

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    2244 Valley Mountain Way, Sevierville, TN 37862

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