#1283935, Listing Office: Century 21 MVP
Property details
About 2570 Herb Ownby Way
SHOVEL READY in approx. 60-90 days! Stunning 142-acre Wears Valley property with panoramic mountain views. Approved for PUBLIC WATER and fully entitled for 80 spacious lots across 105 of the acres, with additional ridge line acreage for future expansion. Ideal for short-term rental resort or residential community. Key Features: - Approved Public Water - Accessible at Little Cove Rd. - Zoning: Residential (fully entitled) - Topography: Gently rolling with panoramic mountain views - Strategic Location - 0.2 miles off Wears Valley Rd, minutes to GSMNP (most visited US Nat'l Park), 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 plus easily accessible with no steep inclines. - Road Frontage - Excellent visibility from Wears Valley Rd plus significant frontage along Valley View Rd and Little Cove Rd. - Natural Beauty - 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, TN, 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
- Waterfront: Creek
- View: Mountain(s)
- List Price: $4,950,000
- HOA Amount: $0
- Annual Tax Amount: $595
- Tax Year: 2023
- Lot: Creek, Rolling/Hilly, Wooded
- Directions: From Sevierville: take the Parkway towards Pigeon Forge. Right on Wears Valley Rd (stoplight #3). Left on Valley View Rd. Left on Herb Ownby Way (see signage).
- Lot Size: 142.46 Acres
- 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.
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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: 5/25/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,950,000
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. The majority of Sevierville, TN residents have income less than $<35k annually. The majority of families are single, no kids. Most 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
Transportation in Sevierville includes a variety of options for residents and visitors. The town's layout facilitates private vehicle use, with a network of roads connecting to major highways for convenient regional travel. Public transportation services are available, offering routes that connect key areas of the town and surrounding attractions. The community's walkability varies by area, with the downtown district being particularly pedestrian-friendly. Ride-sharing services are operational in Sevierville, providing an alternative mode of transport for those without access to a private vehicle.
The community is served by a network of public schools, including several elementary, middle, and high schools, as well as private educational institutions that offer alternative learning environments. Healthcare services are accessible, with local clinics and a hospital that provides emergency care, outpatient services, and specialized medical treatments. Sevierville also boasts a public library system that supports lifelong learning and community engagement. Retail and dining options are abundant, ranging from local boutiques and eateries to well-known chains, reflecting both the town's culture and its appeal to visitors.
Sevierville is celebrated for its small-town charm and proximity to natural attractions, including the Great Smoky Mountains National Park. The community prides itself on a family-friendly atmosphere and a strong sense of local heritage, with annual events that showcase regional music, crafts, and cuisine. The town's character is further enriched by its historical sites and the presence of local businesses that contribute to its unique identity.
Sevierville's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include rustic cabins, contemporary designs, and traditional brick homes. The market also features condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a variety of development phases, with many homes dating back to the late 20th century, reflecting the town's growth during that period.
About 2570 Herb Ownby Way
The listing price of 2570 Herb Ownby Way property is $4,950,000.
The property 2570 Herb Ownby Way is land located in Sevierville, Tennessee, 37862.
Active Listing: 2570 Herb Ownby Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2570 Herb Ownby Way are: Pigeon Forge Primary School (GreatSchools Rating 3/10), Pi Beta Phi Elementary School (GreatSchools Rating 4/10), Sevierville Intermediate School (GreatSchools Rating 2/10), Wearwood Elementary School (GreatSchools Rating 5/10), Pigeon Forge Intermediate School (GreatSchools Rating 4/10), Pigeon Forge Junior High School (GreatSchools Rating 4/10), Pigeon Forge High School (GreatSchools Rating 5/10), Sevier County High School (GreatSchools Rating 5/10), Gatlinburg Pittman High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $595 (source: MLS/based on county public records data).
The last sale was on October 31, 2022 for $4,430,000 (source: MLS/tax record).
The property 2570 Herb Ownby Way is 142.46 acres.
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 $4,950,000.
In April 2025 more than 15 listings in Sevierville, TN were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 88 were sold below. The inventory of homes for sale in Sevierville, TN between March and April 2025 increased by 13.3%. While the average time on the market in April 2025 was 86 days, the median list price was $504,316.
From Rocket Homes Real Estate and based on county public records data.