A rare opportunity is emerging from the Tennessee foothills this week, as a 55-acre luxury estate near Sevierville heads to auction without reserve. Set against the dramatic backdrop of the Great Smoky Mountains and Mount LeConte, the property—originally listed for $5.2 million—will be sold to the highest bidder on Saturday, August 9, at 2 PM ET. The no-reserve luxury auction® is managed by Platinum Luxury Auctions in collaboration with All Pro Realtors, Inc.
Located at 1642 Little Cove Road, just 25 minutes from Knoxville and Pigeon Forge, the estate blends seclusion, comfort, and significant development upside. The parcel, which spans 55 acres of gently rolling terrain, was once slated for a luxury subdivision and still holds the potential to accommodate up to 22 single-family homes—each on approximately 2.2 acres. The existing residence could retain its own 5-acre private enclave within the larger parcel, offering a blend of personal retreat and future investment viability.
“The owner specifically selected this property for its combination of privacy and views, all within convenient distance of the amenities of Pigeon Forge and Knoxville. The sense of serenity you experience when on the property is something special. And its added acreage may create a potential 'land bank' for future capital opportunities via development.”Trayor Lesnock, founder and president of Platinum Luxury Auctions
Built in 2019 by Knoxville-based MossCreek homebuilders, the tri-level main residence spans over 5,070 square feet and features four bedrooms, four bathrooms, and a half bath. Set at an elevation of 1,880 feet, the home was designed to frame its mountainous surroundings with a two-story living room showcasing a soaring wall of windows, inviting in natural light and uninterrupted vistas.
The architectural palette includes exposed wood beams, natural wood paneling, and premium construction materials such as impact-resistant windows and 2x6 framing—built with durability and sophistication in mind. An oversized primary suite, gourmet kitchen, lower-level entertainment lounge, fitness center, and office nook round out the interiors.
Outdoor spaces echo the home’s focus on natural immersion, with upper and lower terraces offering stone fireplaces, mounted televisions, and lounge areas ideal for game days or quiet evenings overlooking the Smokies. A covered breezeway connects the main home to a three-car garage, while a separate 1,500-square-foot utility barn houses equipment and storage on its lower level, with a loft above. The barn’s patio overlooks pastures below, enhancing the estate’s retreat-like feel.
The upcoming no-reserve auction will be held on-site on Saturday, August 9 at 2 PM ET. Daily private tours are available through August 8 by appointment with Platinum’s project manager, James Smith, who can be reached at 800.939.1672. Full property documentation, photography, and videography are available at TennesseeLuxuryAuction.com.
With sweeping views, strategic location, and unmatched development potential, this Tennessee estate offers both a luxurious mountain retreat and a compelling real estate investment opportunity—all poised to go under the hammer this week.
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