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$399,900

4023 Ole Smoky Way, Sevierville, TN 37862
Sevierville, TN 37862
Listed by Mallory Varney · Keller Williams Realty
Bedrooms
1
Bathrooms
2
Living area
N/A
Year built
2002

About this home

Welcome to your private Smoky Mountain retreat in the peaceful community of Wonderland Woods! Tucked away on Ole Smoky Way, this property offers the rare opportunity to enjoy peaceful, secluded living while remaining conveniently located near all that Sevierville and the Great Smoky Mountains have to offer. The home has been thoughtfully enjoyed as a primary residence with successful part-time short-term rental use, offering flexibility for those looking for a full-time mountain home, vacation getaway, or income-producing investment. The Airbnb listing has 440+ guest reviews and is designated as a ''Guest Favorite,'' showcasing a proven history of guest appeal and rental success. One of the property's most valuable features is the adjacent BUILDABLE lot included with the sale, providing permanent privacy AND the opportunity to build an additional investment property. The lot is buildable, creating the potential to add another short-term rental while maintaining the secluded setting of the existing home. The property has also benefited from several recent updates, including a new HVAC system in 2025, new hot water heater in 2024, new roof in 2024, and new appliances, providing added peace of mind for its next owner. Surrounded by the natural beauty of East Tennessee, Wonderland Woods offers a tranquil escape while keeping you within easy reach of Sevierville, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park. Whether you're looking for a primary residence, private mountain getaway, established vacation rental, or an opportunity to expand your investment portfolio, this property offers exceptional flexibility. Privacy, proven rental potential, a buildable adjacent lot, and recent major updates come together to create a truly unique Smoky Mountain opportunity. Schedule your private showing today and experience the tranquility and investment potential of 4023 Ole Smoky Way for yourself!

Highlights

Fireplace

Property details

MLS #
1352003
Property type
Single Family Residence
Subdivision
Wonderland Woods Sec 3
Status
Active
Days on market
7
On market date
August 16, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.22 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Wearwood Elementary
1.79 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
8.14 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
8.18 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, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 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
Google Places 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 7 days -- 111 fewer days than Sevierville's current average of 118 days.
For reference, the median list price across 1,183 active listings in Sevierville right now is $479,450.

Mortgage calculator

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

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Est. monthly payment
$2,558/mo
$79,980 down
$319,920 loan
Principal & interest$2,075
Property tax (est.)$333
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated August 16, 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.