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53 photos

$1,585,000

2414 Walnut Cove Way Way, Sevierville, TN 37862
Sevierville, TN 37862
Listed by Janet Giffee · eXp Realty, LLC
Bedrooms
4
Bathrooms
5.5
Living area
N/A
Year built
2003

About this home

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.

Highlights

Fireplace

Property details

MLS #
1337201
Property type
Single Family Residence
Subdivision
Dogwood Farms Phase V
Status
Active
Days on market
133
On market date
April 17, 2026
Stories
N/A
Total bathrooms
5.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.62 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Wearwood Elementary
2.76 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
176
Student:teacher ratio
14.7:1
District
Sevier County
Middle
Pigeon Forge Junior High School
4.08 mi away · Grades 7-9
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
453
Student:teacher ratio
11.0:1
District
Sevier County
High
Pigeon Forge High School
4.17 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
430
Student:teacher ratio
10.2:1
District
Sevier County

Walkability

Blended score for Sevierville's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
6.8 / 20 -- Below average walkable
Nearby-amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Sevierville, from live MLS data.

On the market 133 days -- 7 more days than Sevierville's current average of 126 days.
For reference, the median list price across 1,209 active listings in Sevierville right now is $489,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,695/mo
$317,000 down
$1,268,000 loan
Principal & interest$8,224
Property tax (est.)$1,321
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated August 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.