Strategic short-term rental development opportunity offering 24+ acres in one of the Smoky Mountains' most proven tourism corridors, with direct access to Pigeon Forge, Gatlinburg, Dollywood, The Island, and the Great Smoky Mountains National Park. Positioned inside the demand--not outside of it--this property benefits from consistent booking velocity, year-round visitation, and one of the strongest tourism economies in the Southeast.This is not a raw land offering. The property is anchored by an income-producing short-term rental generating $100,000+ annually, providing immediate revenue while future expansion is executed. Existing improvements, access, and infrastructure create a partially de-risked entry point for buyers seeking both stability and upside. The homes boats 4 bedrooms with 2 additional sleeping areas, 3 full baths and 4800 square feet. The site supports a phased development strategy designed to scale unit count and overall revenue over time. Identified expansion areas, combined with favorable topography and layout, allow for additional cabin placements without disrupting current operations. A new survey and site plan proposal are in progress, focused on maximizing the property's highest and best use through intentional, phased growth.The existing asset demonstrates a proven, experience-driven rental model. Configured for large-group occupancy, it features high-value amenities including a pool, hot tub, pickleball court, and expansive indoor and outdoor gathering areas. These elements drive premium nightly rates, repeat bookings, and strong guest demand, providing a clear blueprint for future unit design and positioning.From a development perspective, this property offers multiple execution paths. Buyers can expand with compact, high-yield cabin product designed to optimize revenue per square foot, pursue a boutique STR community layout, or structure a build-to-sell strategy that increases total inventory and exit optionality. The ability to control an operating asset while scaling additional units creates a rare alignment of immediate cash flow and long-term value creation.Located within a high-conversion tourism corridor supported by millions of annual visitors and ongoing capital investment, the property is positioned to capture sustained demand from both regional and national travel markets. Continued growth in the area reinforces long-term appreciation and revenue potential.Opportunities that combine in-place income, scalable acreage, and expansion-ready infrastructure in this location are increasingly limited. This offering is well-suited for developers, builder-operators, and investors seeking a disciplined path to growth within a high-demand short-term rental market.This is more than a property--it is a scalable income and development platform with a clear path to executionVirtual tour available upon request
Listed By
Agency Name: LPT Realty, LLC
Shown By
Agent Name: Crystal Coffey
Agent Phone: (865) 719-3638
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 6,544.81 per month $5,786.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $758.33 Homeowner's Insurance
1293 Laurel Lick Rd | MLS# 1333227
This single family home located at 1293 Laurel Lick Rd, Sevierville, TN 37862 is currently listed for sale with an asking price of $2,600,000. This property was built in 1995 and has 4 bedrooms and 3 full baths with 4800 sq. ft.Search Sevier County - 27 real estate on crystalcoffey.crye-leike.com today.