Opportunity Awaits! Hilltop Property with Income-Producing Potential!
Looking for a property with possibilities beyond the ordinary? Situated on over an acre of hilltop land, this ranch-style home offers an exciting opportunity for investors, entrepreneurs, or buyers looking to create a home with additional income potential.
Featuring a fully finished basement apartment, this property offers the flexibility to explore multiple uses, including short-term vacation rentals, long-term rental income, multigenerational living, or a combination of personal use and investment. With the right vision and improvements, this property could become a rewarding addition to an investment portfolio or a personal residence that helps generate income.
Much of the groundwork has already been completed! Updates include kitchens and bathrooms, a newer roof, and a new water heater. The HVAC system is currently operational but approaching the end of its expected service life. Some additional improvements and finishing touches are needed, offering the next owner an opportunity to make the property their own.
The real appeal here is flexibility. Live in the main home while exploring rental opportunities in the basement apartment, or consider how the property's layout and setting might accommodate your investment goals.
Whether you're an investor searching for your next project or a homeowner interested in creating an additional income stream, this property is worth a closer look!
Property is being sold strictly ''AS IS, WHERE IS,'' with no seller repairs. Cash or conventional financing only.
Short-term and long-term rental uses are subject to applicable zoning, permitting, and other local requirements. Rental income is not guaranteed.
All information deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.
For sale
$549,900
1428 Chapman Hwy, Sevierville, TN 37876
5beds
3,390sqft
Single Family Residence, Residential
Built in 1987
1.22 Acres Lot
$535,400 Zestimate®
$162/sqft
$-- HOA
What's special
Ranch-style homeFully finished basement apartmentNewer roofNew water heaterHilltop land
- 14 days
- 799
- 14
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ronald Barrett 423-483-6095,
KW Johnson City 423-433-6500
Source: TVRMLS,MLS#: 10002569
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air, Whole House Fan
Appliances
- Included: Dishwasher, Electric Range, Microwave
Features
- Flooring: Plank, Tile
- Basement: Finished
Interior area
- Total structure area: 4,008
- Total interior livable area: 3,390 sqft
- Finished area below ground: 1,530
Property
Parking
- Total spaces: 2
- Parking features: RV Access/Parking, Driveway, Asphalt, Parking Pad
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Back, Deck, Front Porch, Rear Porch
Lot
- Size: 1.22 Acres
- Dimensions: 53143
- Topography: Sloped
Details
- Additional structures: Gazebo
- Parcel number: 048 05402 000
- Zoning: R 1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Roof: Metal
Condition
- Below Average
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Sevierville
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $235,300
- Annual tax amount: $871
- Date on market: 10/26/2026
- Listing terms: Cash,Conventional
Estimated market value
$535,400
$509,000 - $562,000
$2,820/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Listed for sale | $549,900+124.4%$162/sqft |
Source: TVRMLS #10002569 Report a problem | ||
| 2/24/2021 | Sold | $245,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $871 | $58,825 |
| 2024 | $871 | $58,825 |
| 2023 | $871 | $58,825 |
| 2022 | $871 | $58,825 |
| 2021 | -- | $58,825 +49% |
| 2020 | $734 | $39,475 |
| 2019 | $734 | $39,475 |
| 2018 | $734 +0% | $39,475 |
| 2017 | $734 | $39,475 |
| 2016 | $734 | $39,475 -5.3% |
| 2015 | -- | $41,700 +0% |
| 2014 | $680 | $41,690 |
| 2013 | $680 | $41,690 |
| 2012 | $680 | $41,690 |
| 2011 | $680 | $41,690 |
| 2010 | -- | $41,690 -0.6% |
| 2009 | $646 | $41,961 |
| 2008 | $646 | $41,961 |
| 2007 | $646 +17.5% | $41,961 +2.3% |
| 2006 | $550 -19.3% | $41,031 |
| 2005 | $681 +50.2% | $41,031 +50.2% |
| 2004 | $454 +14.5% | $27,321 |
| 2002 | $396 | $27,321 |
| 2001 | -- | $27,321 -79.5% |
| 2000 | -- | $133,208 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37876
Nearby schools
Schools provided by the listing agent
- Elementary: Sevierville Primary
- Middle: Sevierville Middle
- High: Parkway Academy
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







