#1283935, Listing Office: Century 21 MVP
Property details
About 2570 Herb Ownby Way
Discover this remarkable 142-acre property in the heart of Wears Valley, boasting breathtaking panoramic views of Cove Mountain and Wears Valley. With preliminary approval for 80 spacious lots across 105 acres and approximately 37 acres remaining for future platting and expansion along the ridgeline, this property offers exceptional potential for a short-term rental resort or residential community. This prime parcel has successfully navigated the entitlement process and is primed for construction once road establishment is completed. Key Features: - Approved Public Water - Accessible at Little Cove Rd. - Strategic Location - Just 0.2 miles off Wears Valley Rd, minutes to the Great Smoky Mountain National Park (the most visited Park in the US), less than 7 miles to the main Parkway in Pigeon Forge and approx. 11 miles to Gatlinburg. - Highly Accessible - within a day's drive of 70% of the U.S. population. - Road Frontage & Visibility - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd. - Easy to Navigate - This property offers smooth and straightforward accessibility with no steep inclines, ensuring comfortable and effortless access - Natural Beauty - The property borders Cove Creek, providing a serene and picturesque environment. - Groundwork in Place - Contractor referrals for infrastructure, horizontal and vertical development available upon request, making this an incredible opportunity for builders and investors. Buyer to perform their own contractor due diligence. - Unparalleled Investment Opportunity - located in Sevier County, Tennessee, a tourism powerhouse generating approximately $4.4 billion in annual visitor spending and attracting 12-15 million visitors annually. - Robust Tourism - consistently demonstrating growth, fueled by its accessibility, variety of attractions, and the increasing popularity of outdoor recreation and family-oriented travel experiences. The property's combination of scenic views, strategic location, and development potential make it a rare find in Wears Valley. Owner/Agent.
Highlights
Home typeOther
StatusActive
Lot size142.46 Acres
MLS #1286539
WaterfrontCreek
ViewMountain(s)
Summary
- MLS Number: 1286539
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Real Broker
- Office Phone: (844) 591-7325
- Office Email: invoices@therealbrokerage.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,975,000
2570 Herb Ownby Way
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 31, 2022 | Home Sold | $4,430,000 |
| Sep 01, 2021 | Home Sold | $3,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $260,350 | $595 |
| 2022 | $40,175 | $595 |
| 2021 | $40,175 | $595 |
| 2020 | $40,175 | $595 |
| 2019 | $37,950 | $706 |
| 2018 | $37,950 | $706 |
| 2017 | $37,950 | $948 |
History based on county public records data.
Nearby schools
3
Pigeon Forge Primary School
Public District PK-3
2.8 mi
•1766 Waldens Creek Rd
4
Pi Beta Phi Elementary School
Public District PK-6
6.7 mi
•125 Cherokee Orchard Rd
2
Sevierville Intermediate School
Public District 3-5
8.6 mi
•416 High St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,148. Most Sevierville, TN residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
38%
35k-100k
14%
100k-200k
6%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Monster Trucks
Hunting
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Dollar General
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
Ram
Dodge
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Sevierville, TN
About 2570 Herb Ownby Way
This home is located at 2570 Herb Ownby Way in Sevierville, TN and zip code 37862. Features: 0 bathroom. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $4,975,000.
In March 2025, from all listings sold in Sevierville, TN there were more than 2 sold above asking price, over 77 sold below and more than 15 were sold right at the asked price. The inventory of homes for sale in Sevierville, TN between February and March 2025 increased by 20.9%. The median list price of listings available in March 2025 was $502,259, while the average time on the real estate market was 97 days.
From Rocket Homes Real Estate and based on county public records data.