Your own piece of paradise awaits! With over $350,000 in recent improvements, this exceptional property has been thoughtfully upgraded throughout. Highlights include fresh interior paint, beautiful hardwood flooring, new decks, exterior stone enhancements, a new water heater, professional landscaping, designer furnishings and décor, and much more. (Ask your agent for the complete update list.)
The amenities don't stop there--this property also offers access to a stunning private waterfall area, providing a truly unique Smoky Mountain experience. Waterfall ownership does not convey; however, access rights will transfer with the property.
This 3652 sqft turn-key mountain retreat offers 5 bedrooms, game-room, theater, and an amazing outdoor area to enjoy. It has unparalleled tranquility and natural beauty, featuring access to private hiking trails, serene streams, and a captivating 75' waterfall coursing through the property. Embrace the essence of mountain living with this unparalleled property, offering both a personal sanctuary and a lucrative investment opportunity.
This is truly one of a kind, Call today to schedule your private tour!
For sale
Price cut: $5K (6/19)
$1,235,000
2440 Paradise Falls Way, Sevierville, TN 37862
5beds
3,654sqft
Single Family Residence
Built in 1986
6 Acres Lot
$-- Zestimate®
$338/sqft
$150/mo HOA
What's special
Stunning private waterfall areaSerene streamsFresh interior paintBeautiful hardwood flooringProfessional landscapingNew decksExterior stone enhancements
- 39 days |
- 832 |
- 67 |
Zillow last checked:
Listing updated:
Listed by:
Tabitha Tuft 865-314-4304,
MG Rise Real Estate Group 865-968-7473
Source: East Tennessee Realtors,MLS#: 1343027
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Cathedral Ceiling(s), Kitchen Island, Pantry, Eat-in Kitchen, Bonus Room
- Flooring: Laminate, Hardwood, Tile
- Windows: Drapes
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Electric
Interior area
- Total structure area: 3,654
- Total interior livable area: 3,654 sqft
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: Lake/Water Access, Creek
Lot
- Size: 6 Acres
- Features: Other, Wooded
Details
- Parcel number: 113E D 040.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Log
- Property subtype: Single Family Residence
Materials
- Wood Siding, Log
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Other
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Paradise Falls Retreat
HOA
- Has HOA: Yes
- Amenities included: Other
- Services included: Water
- HOA fee: $150 monthly
Location
- Region: Sevierville
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $572,800
- Annual tax amount: $3,391
- Date on market: 6/1/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $1,235,000-0.4%$338/sqft |
Source: | ||
| 6/12/2026 | Price change | $1,240,000-0.8%$339/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $1,250,000+4.3%$342/sqft |
Source: | ||
| 10/29/2025 | Listing removed | $1,199,000$328/sqft |
Source: | ||
| 9/24/2025 | Listed for sale | $1,199,000-31.4%$328/sqft |
Source: | ||
| 8/19/2025 | Listing removed | $1,748,000$478/sqft |
Source: | ||
| 5/20/2025 | Price change | $1,748,0000%$478/sqft |
Source: | ||
| 5/12/2025 | Price change | $1,748,5000%$479/sqft |
Source: | ||
| 5/2/2025 | Price change | $1,749,0000%$479/sqft |
Source: | ||
| 4/25/2025 | Price change | $1,749,5000%$479/sqft |
Source: | ||
| 4/22/2025 | Listed for sale | $1,750,000+59.2%$479/sqft |
Source: | ||
| 2/1/2025 | Listing removed | $1,099,000$301/sqft |
Source: | ||
| 12/27/2024 | Price change | $1,099,000-7.5%$301/sqft |
Source: | ||
| 12/13/2024 | Price change | $1,188,4000%$325/sqft |
Source: | ||
| 12/6/2024 | Price change | $1,188,9000%$325/sqft |
Source: | ||
| 11/29/2024 | Price change | $1,189,4000%$326/sqft |
Source: | ||
| 11/26/2024 | Price change | $1,189,900-0.6%$326/sqft |
Source: | ||
| 11/22/2024 | Price change | $1,197,499-0.1%$328/sqft |
Source: | ||
| 11/15/2024 | Price change | $1,198,4990%$328/sqft |
Source: | ||
| 11/9/2024 | Price change | $1,198,9990%$328/sqft |
Source: | ||
| 11/1/2024 | Price change | $1,199,4990%$328/sqft |
Source: | ||
| 10/28/2024 | Price change | $1,199,999-19.9%$328/sqft |
Source: | ||
| 10/25/2024 | Price change | $1,497,4990%$410/sqft |
Source: | ||
| 10/21/2024 | Price change | $1,497,9990%$410/sqft |
Source: | ||
| 8/24/2024 | Listed for sale | $1,498,499+50.6%$410/sqft |
Source: | ||
| 6/21/2021 | Sold | $995,000+144.1%$272/sqft |
Source: | ||
| 3/14/2008 | Sold | $407,600+132.9%$112/sqft |
Source: Public Record Report a problem | ||
| 11/10/1999 | Sold | $175,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,391 | $229,120 |
| 2024 | $3,391 +14.3% | $229,120 +14.3% |
| 2023 | $2,966 +60% | $200,400 +60% |
| 2022 | $1,854 | $125,250 +36.7% |
| 2021 | -- | $91,650 +46.4% |
| 2020 | $1,164 | $62,600 |
| 2019 | $1,164 | $62,600 |
| 2018 | $1,164 +0% | $62,600 |
| 2017 | $1,164 | $62,600 |
| 2016 | $1,164 | $62,600 -4.9% |
| 2015 | -- | $65,825 0% |
| 2014 | $1,073 | $65,830 |
| 2013 | $1,073 | $65,830 |
| 2012 | $1,073 | $65,830 |
| 2011 | $1,073 | $65,830 |
| 2010 | -- | $65,830 -4.6% |
| 2009 | $1,063 | $69,038 |
| 2008 | $1,063 | $69,038 |
| 2007 | $1,063 +72.3% | $69,038 +49.9% |
| 2006 | $617 -19.3% | $46,053 |
| 2005 | $764 +15.5% | $46,053 +15.5% |
| 2004 | $662 +15.2% | $39,865 +0.7% |
| 2002 | $574 | $39,607 |
| 2001 | -- | $39,607 -75% |
| 2000 | -- | $158,426 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37862
Getting around
Nearby schools
GreatSchools rating
- 6/10Wearwood Elementary SchoolGrades: PK-6Distance: 1.6 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 5.1 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 5.2 mi
- $2,500-- bd-- ba-- sqftSpotted Owl Way, Sevierville, TN 37862Off Market
Save - $10,000-- bd-- ba-- sqftSpotted Owl Way, Sevierville, TN 37862Off Market
Save - $5,000-- bd-- ba-- sqftParadise Falls Way, Sevierville, TN 37862Off Market
Save - $5,000-- bd-- ba-- sqftSpotted Owl Way, Sevierville, TN 37862Off Market
Save - $5,000-- bd-- ba-- sqftParadise Falls Way, Sevierville, TN 37862Off Market
Save - $10,000-- bd-- ba-- sqftSpotted Owl Way, Sevierville, TN 37862Off Market
Save - $799,0002 bd3 ba2k sqft3119 Mitzi Way, Sevierville, TN 37862For Sale
Save - $50,000-- bd-- ba-- sqftLone Ridge Dr, Sevierville, TN 37862Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $1,260,0004 bd6 ba3k sqft2176 Spurling Rd, Sevierville, TN 37862For Sale
Save 
MLS ID #1344552, Krista DeCarmine, TN Smoky Mtn Realty. East Tennessee Realtors - $1,279,0003 bd4 ba4.7k sqft2612 Cloud View Dr, Sevierville, TN 37862For Sale
Save 
MLS ID #1347017, Charity Brown, Tennessee Elite Realty. East Tennessee Realtors - $1,375,0004 bd6 ba3.2k sqft1563 Mountain Dreams Way, Pigeon Forge, TN 37862For Sale
Save 
MLS ID #3217107, Lori Steel. RealTracs MLS as distributed by MLS GRID - $1,199,0003 bd4 ba2.5k sqft3119 Lexy Ln, Sevierville, TN 37862For Sale
Save 
MLS ID #1313763, Stephanie Cross, United Country Real Estate/Tennessee Real Properties. East Tennessee Realtors - $689,9993 bd3 ba2.2k sqft2169 Newt Huff Ln, Sevierville, TN 37862For Sale
Save
MLS ID #1347020, Zack Julian, Jason Mitchell Real Estate. East Tennessee Realtors - $900,0003 bd4 ba2.5k sqft4104 Harvest Moon Ln, Sevierville, TN 37862For Sale
Save MLS ID #11846485, Nicholas Nicaud, Keller Williams Realty. My State MLS - $1,450,0003 bd5 ba3.5k sqft3501 Autumn Woods Ln, Sevierville, TN 37862For Sale
Save MLS ID #310660, Shauna Long. GSMAR, GSMMLS - $1,199,0003 bd5 ba2.8k sqft3150 Lexy Ln, Sevierville, TN 37862For Sale
Save
MLS ID #1341936, Krista DeCarmine, TN Smoky Mtn Realty. East Tennessee Realtors - $1,250,0003 bd4 ba3.3k sqft335 Hawken Dr, Walland, TN 37886For Sale
Save
MLS ID #1340522, Amber Korlin Brown, Century 21 MVP. East Tennessee Realtors - $1,285,0005 bd6 ba3.4k sqft3140 Cherokee Valley Dr, Pigeon Forge, TN 37862For Sale
Save
MLS ID #1322916, Tina Parton, Prime Mountain Properties. East Tennessee Realtors - $1,375,0004 bd5 ba3.3k sqft1717 Summit View Way, Sevierville, TN 37862For Sale
Save MLS ID #310129, Patricia Burris. GSMAR, GSMMLS - $950,0002 bd3 ba1.9k sqft3102 Mitzi Way, Sevierville, TN 37862For Sale
Save
MLS ID #1341634, Wyatt Morton, Real Broker. East Tennessee Realtors - $1,250,0004 bd5 ba3.3k sqft1802 Stone Wood Way, Sevierville, TN 37862For Sale
Save MLS ID #310202, The Jason White Team. GSMAR, GSMMLS - $1,675,0004 bd5 ba4.8k sqft4476 Whetstone Rd, Sevierville, TN 37862For Sale
Save MLS ID #308625, Janis Canterbury. GSMAR, GSMMLS - $749,9994 bd3 ba2.2k sqft2379 Headrick Lead, Sevierville, TN 37862For Sale
Save
MLS ID #1340672, John Seymour, United Real Estate Solutions. East Tennessee Realtors - $1,850,0004 bd4 ba4.3k sqft2215 Sawmill Branch Dr, Sevierville, TN 37862For Sale
Save
MLS ID #1347581, Krista DeCarmine, TN Smoky Mtn Realty. East Tennessee Realtors - $799,0002 bd3 ba2.6k sqft3644 Wears Mountain Ln, Sevierville, TN 37862For Sale
Save
MLS ID #1336500, Max Kilic, Century 21 Legacy. East Tennessee Realtors - $1,050,0003 bd5 ba3k sqft2810 Red Sky Dr, Sevierville, TN 37862For Sale
Save MLS ID #311703, Shannon McRoberts. GSMAR, GSMMLS - $1,390,0004 bd6 ba3.3k sqft2715 Dayne Dr, Sevierville, TN 37876For Sale
Save
MLS ID #1323252, Misty Ramsey, MG Rise Real Estate Group. East Tennessee Realtors - $1,299,9005 bd4 ba2.9k sqft2217 Legend Dr, Sevierville, TN 37876For Sale
Save
MLS ID #1346938, Whitney Carter Hogan, Keller Williams Realty. East Tennessee Realtors
- Request a tour
as early as tomorrow at 11:00 am
Contact agent
- Tennessee
- Sevier County
- Sevierville
- 37862
- 2440 Paradise Falls Way