Terry Patton

2414 Walnut Cove Way Way

Sevierville, TN
$ 1,585,000 Beds 4 Baths 5.5 Sq 4,227
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,585,000
  • City
  • Sevierville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 5
  • County
  • Sevier
  • Half Bathrooms
  • 1
  • Area
  • Sevier County
  • Lot Size
  • 1.62 Acres
  • Zip
  • 37862
  • Sqr Footage
  • 4,227
  • Year Built
  • 2003
  • Taxes
  • $ 2885
  • Style
  • Cabin
  • MLS#
  • 1337201
Listed By: eXp Realty, LLC
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Septic Tank
Heating Central,Electric
Cooling Central Cooling,Ceiling Fan(s)
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
HOA Fee 450
Architectural Style Cabin
Construction Materials Frame
Year Built 2003
View Mountain View
Property Subtype Single Family Residence
Assoc Fee Paid Per Yearly
County Sevier County - 27
Property Type Single Family
HOA true
Attached Garage false
Subdivision Name Dogwood Farms Phase V
Total Rooms 15
Full Baths 5
Status Active
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.
City Sevierville
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 70567.2
Property Attached Y/N false
MLS Area Minor Sevier County - 27
Structure Type 3 Story
Standard Status Active
New Financing Cash true
New Financing Coventional true

Interior Features

Interior Amenities Cathedral Ceiling(s)
Basement Walkout,Finished
Flooring Other
Total Fireplaces 2
Fireplace Features Gas Log
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 4
Total Baths 6

Exterior Features

Parking Features None
Lot Features Irregular Lot,Level,Rolling Slope
Water Source Well
Lot Size Area 1.62
Building Area Total 4227
Lot Size Acres 1.62
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Knoxville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/17/2026 Listed $1,625,000
8/26/2026 2% - $1,585,000

Property vs Zip Code Average in 37862

Price
AVG $870K
$1.59M
Taxes
AVG $2,005
$2,885
Year Built
AVG 2005
2003

In The Neighborhood

Areas That We Cover

2414 Walnut Cove Way Way Sevierville, TN is a Single Family Home for sale at $1585000 with 4227 sqft and a lot size of 1.62 Acres Acre(s). 2414 Walnut Cove Way Way Sevierville has 4 bedrooms, 5 baths and was built in 2003. The property's zip code is 37862 which is in Sevierville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Terry Patton

Terry Patton

865-679-3697

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