2440 Paradise Falls Way # 40 Sevierville, TN
$ 995,000
Property Attributes
  • MLS#242991
  • TypePending
  • CountySEVIER
  • CitySevierville
  • AreaWears Valley
  • NeighborhoodParadise Falls Retreat
  • Zip37862
  • StyleCabin,Log
  • Year Built1986
  • Taxes$ 1164
  • Price$ 995,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3652
  • Lot Size9 Acres
Listing Provided Courtesy Of:
Tennessee Elite Realty
Data Source:
Great Smoky Mountains MLS (GSMMLS)
Property Description

WOW! UNBEATABLE OPPORTUNITY TO OWN THIS RUSTIC LOG CABIN "THE LODGE AT PARADISE FALLS" SITTING ON 9 ACRES OF YOUR OWN PRIVATE MOUNTAIN OASIS WITH ITS OWN TRAILS FOR HIKING, STREAMS & BABBLING BROOKS RUNNING BEHIND THE LODGE AND THROUGHOUT THE PROPERTY, AND ITS OWN 60' WATERFALL! This property has the "wow factor" from the inside out and is currently sleeping 11 on the overnight rental program. Income producing and has already grossed $67k from April-Dec 2021 with several dates open to book from now until the end of the year. A full year projection is $90k. Interior features include an open floorplan with spacious living room wtih soaring vaulted ceilings with a massive stone surrounded fireplace for relaxing. Fully equipped kitchen with granite countertops, stone backsplash, top of the line stainless appliances, and a custom island for additional seating. You have two bedrooms on the main level with an over the top custom bathroom with tiled and glassed in walk-in shower with custom vanity. Upstairs you will enjoy the huge open loft gameroom, and the kids bunk room/bonus room with multi arcade games and a lounging area. You will also find a second bathroom with a nice size glassed in tiled shower. Beyond the upstairs bunk room, you will find an expansive breezeway with two twin beds and walls of glass windows leading to the private Master Suite with its own living room with stone accented gas fireplace, walk in closet, daybed for additional sleeping, private balcony, and more. The custom touch throughout this property is sure to impress with the rustic modern feel with barn doors, hardwood flooring, wood ceilings, hand hewn logs, and more. Enjoy the expansive decking with hammock, rocking chairs, outdoor seating, grill, and multiple levels of decking off the back with the bubbling hot tub. Located in a private and serene setting with a firepit for sitting around and cornhole for entertaining. Plenty of room to roam and take in the "in the mountains" feel this property gives you. Also, featuring a nice covered parking area and picnic area with picnic tables to grill out creekside. Garage/workshop could be finished for more living space and is also plumbed for an additional bathroom. Located only miles from the Foothills Parkway extension. Also, a short distance to Cades Cove for sightseeing, The Great Smoky Mountains National park entrance, and Pigeon Forge for attractions and shopping/dining. There are two wells on the property, and also an area to park a RV. Buyer to honor existing bookings and rental contract wtih current rental company for 60 days from the closing date.

Price History
6/4/2021 Listed $995,000

General Features

Access County Road
Appliances Dryer, Refrigerator, Washer, Electric Range, Microwave/Range Hood Combo, Dishwasher
Area Wears Valley
Basement None
City Sevierville
Construction Log, Log Siding
Cooling Central Electric, Electric Heat Pump
County Sevier
Directions Turn right onto Wears Valley Rd/US-321 S. Turn right onto Hatcher Mountain Rd. R onto Indigo Ln. Turn slight left to stay on Indigo Ln. R onto Hatcher Mountain. Stay straight to go onto Spurling Way.
District 16
For Sale/rent Sale
Heating Central, Electric Heat Pump
Listing Office 609
Miscellaneous Creek Front, Hot Tub, Private
Occupancy Either
Property Status Pending-Continue to Show
Property Type Single Family
Restrictive Covenants Yes
Roof Metal
Sewer Septic Permit Not Found, Septic System
Street Name Paradise Falls Way
Style Cabin, Log
Subdivision/complex Name Paradise Falls Retreat
Tax Year 2019
Virtual Tour tour.usamls.net/2440-Paradise-Falls-Way-Sevierville-TN-37862/unbranded
Water Well
Year Built 1986
Zoning R-1

Interior Features

Fireplace One
Full Baths 2
Interior Features Furniture, Wood Floors, Cathedral Ceiling, Large Master Bedroom, W/D Connection, Ceiling Fan(s), Great Room
Number of Bedrooms 3
SqFt Above Grade 3652
Stories Two
Total Finished Sqft 3652

Exterior Features

Photo Count 48
Construction Type Site Built
Exterior Features Level Lot, RV Parking, Private Yard
Foundation Crawl Space
Garage Capacity 2.00
Garage Type In Basement
Lot/block/unit 40


  • 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

Property vs Pending Average in 37862

AVG $520K
AVG $765
AVG 22
Year Built
AVG 2004

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