ENDLESS OPPORTUNITY awaits in this historic building located in the heart of Historic Downtown Sevierville. Offering exceptional investment potential, this unique property combines immediate income with outstanding commercial possibilities. The fully finished upper level is currently operating as a successful short-term rental, generating over $39,000 in annual gross rental income in 2025, and features two bedrooms, two full bathrooms, a spacious living room/game area, and a well-appointed kitchen with stainless steel appliances. The lower level is unfinished and commercially zoned, providing a blank canvas for a wide variety of business opportunities, including retail, office, restaurant, or boutique space. Situated in one of Sevierville's most desirable downtown locations, this property offers the rare opportunity to own a mixed-use building with both established income and significant upside potential. Whether you're looking to expand your investment portfolio or create your own downtown business, this property is ready to bring your vision to life.
Pending - continue to show
$599,000
316 Court Ave, Sevierville, TN 37862
2beds
2,346sqft
Single Family Residence
Built in 1950
3,484 Square Feet Lot
$-- Zestimate®
$255/sqft
$-- HOA
What's special
Fully finished upper levelTwo bedrooms
- 72 days
- 13
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tonja Doty 865-599-7967,
Realty Executives Associates 865-588-3232,
Alli Lynn Mash 865-363-4277,
Realty Executives Associates
Source: East Tennessee Realtors,MLS#: 1346331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
Features
- Eat-in Kitchen
- Flooring: Hardwood, Tile
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,346
- Total interior livable area: 2,346 sqft
Property
Parking
- Parking features: Off Street, Designated Parking
Features
- Has view: Yes
- View description: Mountain(s), City
Lot
- Size: 3,484 Square Feet
- Dimensions: 54 x 57 IRR
- Features: Level
Details
- Parcel number: 049N A 03400 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic
- Property subtype: Single Family Residence
Materials
- Wood Siding, Block
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
Location
- Region: Sevierville
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $76,400
- Annual tax amount: $582
- Date on market: 6/29/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Pending sale | $599,000$255/sqft |
Source:  East Tennessee Realtors #1346331 Report a problem | ||
| 6/29/2026 | Listed for sale | $599,000+87.2%$255/sqft |
Source: East Tennessee Realtors #1346331 Report a problem | ||
| 6/5/2023 | Listing removed | -- |
Source:  Lakeway Area AOR #600092 Report a problem | ||
| 10/19/2022 | Listing removed | $320,000+7%$136/sqft |
Source: Lakeway Area AOR #600092 Report a problem | ||
| 4/26/2021 | Sold | $299,000-6.6%$127/sqft |
Source: Public Record Report a problem | ||
| 2/26/2021 | Pending sale | $320,000$136/sqft |
Source: Pro Team Auction & Real Estate Co #600092 Report a problem | ||
| 2/12/2021 | Listed for sale | $320,000+7%$136/sqft |
Source: Pro Team Auction & Real Estate #600092 Report a problem | ||
| 1/19/2021 | Listing removed | -- |
Source: Lakeway Area AOR Report a problem | ||
| 1/15/2021 | Listed for sale | $299,000+273.8%$127/sqft |
Source: Pro Team Auction & Real Estate #600092 Report a problem | ||
| 2/24/2020 | Sold | $80,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $582 | $30,560 |
| 2024 | $582 +60% | $30,560 +60% |
| 2023 | $364 | $19,100 |
| 2022 | $364 | $19,100 |
| 2021 | -- | $19,100 +70.9% |
| 2020 | $263 +26.7% | $11,175 |
| 2019 | $208 -21.1% | $11,175 |
| 2018 | $263 +0.1% | $11,175 |
| 2017 | $263 -0.4% | $11,175 |
| 2016 | $264 | $11,175 -4.1% |
| 2015 | -- | $11,650 -0.1% |
| 2014 | $226 | $11,656 |
| 2013 | $226 | $11,656 |
| 2012 | $226 | $11,656 |
| 2011 | $226 | $11,656 |
| 2010 | -- | $11,656 -40.3% |
| 2009 | $361 -22.8% | $19,538 -22.8% |
| 2008 | $468 | $25,302 |
| 2007 | $468 +12.1% | $25,302 |
| 2006 | $417 -19.1% | $25,302 |
| 2005 | $516 +17.9% | $25,302 +17.9% |
| 2004 | $438 +11.5% | $21,467 |
| 2002 | $393 | $21,467 |
| 2001 | -- | $21,467 -60% |
| 2000 | -- | $53,667 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37862
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