Investor Opportunity - Remodeled Home on 6.31 Acres with Development Potential!
This fully remodeled country property offers immediate rental or resale value with long-term upside. Situated on 6.31 acres, the land provides excellent potential for subdivision, additional units, or future development.
The home features 3 bedrooms, 2 baths, two living areas, and a flexible bonus room ideal for an office, dining space, or mudroom. The farmhouse-style kitchen includes subway tile, stainless steel appliances, floating shelves, and a large island—highly desirable for today's buyers and tenants. Exposed beams and hardwood flooring add strong appeal and character.
Outbuildings include a barn, double carport, and an additional structure—perfect for storage, equipment, or conversion possibilities. The wraparound porch and peaceful setting enhance marketability for short-term or long-term rental strategies.
Whether you're looking to flip, rent, hold, or develop, this property offers multiple exit strategies and strong value-added potential.
Sold for $1,000,000
$1,000,000
570 Cate Rd, Sevierville, TN 37862
3beds
1,668sqft
Single Family Residence, Residential
Built in 1942
6.35 Acres Lot
$981,400 Zestimate®
$600/sqft
$2,728 Estimated rent
Home value
$981,400
$854,000 - $1.13M
$2,728/mo
Zestimate® history
Owner options
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$5,629/mo
Est. payment
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$5,629/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Laura Wolfenbarger 865-235-2400,
Smithsonian Real Estate
Bought with:
Laura Wolfenbarger, 347253
Lordz Real Estate LLC Brokered
Source: GSMAR, GSMMLS,MLS#: 310162
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Hardwood
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,668
- Total interior livable area: 1,668 sqft
- Finished area above ground: 1,668
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Storage
Lot
- Size: 6.35 Acres
- Features: Corner Lot, Level
Details
- Additional structures: Barn(s), Storage, Workshop
- Parcel number: 072 01200 000
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Block, Frame
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Shared Septic
- Water: Public
- Utilities for property: Internet Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Sevierville
Financial & listing details
- Price per square foot: $600/sqft
- Tax assessed value: $37,500
- Annual tax amount: $1,582
- Date on market: 2/12/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/27/2026 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2026 | Sold | $1,000,000$600/sqft |
Source:  GSMAR, GSMMLS #310162 Report a problem | ||
| 2/16/2026 | Pending sale | $1,000,000$600/sqft |
Source: GSMAR, GSMMLS #310162 Report a problem | ||
| 2/12/2026 | Listed for sale | $1,000,000+11.1%$600/sqft |
Source: GSMAR, GSMMLS #310162 Report a problem | ||
| 3/29/2024 | Listing removed | -- |
Source:  East Tennessee Realtors #1180395 Report a problem | ||
| 1/6/2023 | Listing removed | $900,000$540/sqft |
Source: East Tennessee Realtors #1200623 Report a problem | ||
| 8/24/2022 | Price change | $900,000-5.3%$540/sqft |
Source: East Tennessee Realtors #1200623 Report a problem | ||
| 7/27/2022 | Listed for sale | $950,000-2.6%$570/sqft |
Source: East Tennessee Realtors #1200623 Report a problem | ||
| 6/22/2022 | Listing removed | $975,000$585/sqft |
Source: East Tennessee Realtors #1180395 Report a problem | ||
| 2/17/2022 | Listed for sale | $975,000+353.5%$585/sqft |
Source: East Tennessee Realtors #1180395 Report a problem | ||
| 6/3/2015 | Sold | $215,000$129/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3293698 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $179 | $9,375 |
| 2024 | $179 | $9,375 |
| 2023 | $179 | $9,375 |
| 2022 | $179 | $9,375 |
| 2021 | -- | $9,375 |
| 2020 | $221 +26.7% | $9,375 |
| 2019 | $174 -21.1% | $9,375 |
| 2018 | $221 0% | $9,375 |
| 2017 | $221 | $9,375 |
| 2016 | $221 | $9,375 |
| 2015 | -- | $9,375 |
| 2014 | $182 | $9,375 |
| 2013 | $182 | $9,375 |
| 2012 | $182 | $9,375 |
| 2011 | $182 | $9,375 |
| 2010 | -- | $9,375 -18.9% |
| 2009 | $214 | $11,563 |
| 2008 | $214 | $11,563 |
| 2007 | $214 +12.1% | $11,563 |
| 2006 | $191 -19.1% | $11,563 |
| 2005 | $236 +54.2% | $11,563 +54.2% |
| 2004 | $153 +11.5% | $7,500 |
| 2002 | $137 | $7,500 |
| 2001 | -- | $7,500 -75% |
| 2000 | -- | $30,000 |
Find assessor info on the county website
Neighborhood: 37862
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Nearby schools
GreatSchools rating
- 5/10Sevierville Intermediate SchoolGrades: 4-6Distance: 2.2 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 2.4 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 2.3 mi
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Estimated market value
$981,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$981,400
- Tennessee
- Sevier County
- Sevierville
- 37862
- 570 Cate Rd
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