Perry Smith Development, LLC
Perry Smith Development is a family-owned private real estate developer in East Tennessee, building and operating luxury cabin resorts, residential subdivisions, and apartment communities in the Knoxville–Sevierville–Gatlinburg corridor. It serves individual homebuyers, residential tenants, real estate investors, and Smoky Mountains vacation travelers via direct sales and a vertically integrated development-to-rental platform.
- Company typePrivate
- Founded2010
- HeadquartersSevierville, Tennessee, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Perry Smith Development, LLC does
Perry Smith Development, LLC is a family-owned, private real estate development and construction company headquartered in Sevierville, Tennessee, founded in 2010 by Perry Smith. The firm operates exclusively in East Tennessee, with concentrated exposure to the Knoxville, Sevierville, Pigeon Forge, and Gatlinburg submarkets. Its portfolio spans eight identifiable developments across four categories: luxury cabin resort communities (Smith Creek Reserve, The Lodges at Legacy Mountain, Bears Cove at the Glades, The Overlook at 738), one residential subdivision (Cherokee Woods in Knoxville), and three multi-family apartment/townhome communities (Rylan's Creek, Coleson Creek, and Dawson Creek).
The business generates revenue through four streams: luxury property sales (single-family homes, townhomes, and cabin communities sold to individuals and investors), short-term vacation rentals (50+ luxury cabins ranging from 2 to 26 bedrooms in the Smoky Mountains tourism corridor), long-term residential rentals (600+ apartment and townhome units), and property management services. The broader Perry Smith enterprise controls 24 companies spanning tourism, construction, property management, and retail. The company employs 11–50 people and operates as a vertically integrated platform spanning raw land development through construction and ongoing rental operations.
Customers are primarily individual homebuyers, residential tenants, real estate investors seeking turnkey short-term rental assets, and vacation/group travelers to the Great Smoky Mountains. Distribution is direct-to-consumer via the company website and phone-based sales, with no disclosed digital marketing or intermediary channels. The company is preparing for multi-generational succession, with founder Perry Smith's three sons (Blaid, Coleson, Rylan) being groomed to continue operations; two of the apartment communities are already named after family members. The firm operates with no disclosed external institutional capital, no M&A activity, and no public revenue disclosure.
Perry Smith Development, LLC firmographics
Firmographics- Name
- Perry Smith Development, LLC
- Legal name
- Perry Smith Development
- Website
- https://perrysmithdevelopment.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Perry Smith Development is a family-owned private real estate developer in East Tennessee, building and operating luxury cabin resorts, residential subdivisions, and apartment communities in the Knoxville–Sevierville–Gatlinburg corridor. It serves individual homebuyers, residential tenants, real estate investors, and Smoky Mountains vacation travelers via direct sales and a vertically integrated development-to-rental platform.
- Ownership category
- akta.pro rank
Perry Smith Development, LLC industry classification
Industry- Product category
- Luxury Real Estate Development
- NAICS
- Rental and Leasing Services (532)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)
- akta.pro primary industry
- Cabins & Cottages (THAMAAAD)
- akta.pro secondary industry
- Mountain & Ski Homes (THAMAAAG)
Keywords
Where Perry Smith Development, LLC is headquartered
LocationHeadquarters
- HQ city
- Sevierville, Tennessee
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Perry Smith Development, LLC business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Luxury Property Sales: The company develops and sells luxury residential properties including single-family homes, townhomes, and cabin communities. Revenue is generated through property sales to individual buyers and investors.
- Short-Term Vacation Rentals: The company owns and operates luxury cabin rentals ranging from 2 to 26 bedrooms in the Smoky Mountains. These vacation rentals generate recurring revenue from tourists and group travelers visiting Sevierville, Gatlinburg, and Pigeon Forge areas.
- Long-Term Residential Rentals: The company manages a portfolio of over 600 long-term rental units including apartments and townhomes. These provide steady recurring rental income from residential tenants.
- Property Management Services: The company oversees property management operations for their rental portfolio and potentially for external property owners.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Perry Smith Development, LLC product offering
Product offeringCore offering
Perry Smith Development, LLC is a family-owned luxury real estate developer and builder in East Tennessee that develops, constructs, sells, and rents premium residential and resort properties in the Smoky Mountains region. The portfolio includes four vacation cabin resort communities, one single-family residential subdivision, and three apartment and townhome communities, with the company also managing 600+ long-term rental units and 50+ luxury short-term rentals across Sevierville, Pigeon Forge, Gatlinburg, and Knoxville.
Product overview
Perry Smith Development, LLC is a family-owned luxury real estate development and construction company based in East Tennessee, specializing in the development of premium residential and resort properties in the Smoky Mountains region. The company's portfolio consists of eight distinct developments across multiple property types: four luxury cabin resort communities (Smith Creek Reserve, The Lodges at Legacy Mountain, Bears Cove at the Glades, and The Overlook at 738) offering vacation rentals ranging from 5 to 26 bedrooms; one single-family residential subdivision (Cherokee Woods) in Knoxville; and three multi-family apartment/townhome communities (Rylan's Creek, Coleson Creek, and Dawson Creek) in Sevierville and Kodak. Founded in 2010 by Perry Smith, the company operates as a unified development platform covering the full spectrum from raw land development to completed luxury properties, with a focus on high-end finishes, modern amenities, and distinctive mountain living experiences.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Over $171 million in investment property transactions closed by COO Laura Wolfenbarger
Companies that use Perry Smith Development, LLC
Customer profileSegments4 records
Ideal customer profiles3 records
Perry Smith Development, LLC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Perry Smith Development, LLC partnerships and signals
Strategic signalScale indicators6 records
Recent moves5 records
Expansion highlights4 records
Perry Smith Development, LLC competitors and assessment
Company assessmentDirect peers
- Vacasa: National vacation rental management and marketing company that manages thousands of whole-home rentals in resort markets including the Smoky Mountains. Directly comparable business model (professionally managed short-term cabin rentals) overlapping with Perry Smith's 50+ luxury short-term rentals.
- Cabins For You: Smoky Mountains-based vacation cabin rental management company offering 1-12+ bedroom cabins in Pigeon Forge, Gatlinburg, and Sevierville. Direct head-to-head competitor for Perry Smith's luxury cabin rental inventory in the same submarkets.
- Evolve Vacation Rental: Vacation rental management platform specializing in professionally managed whole-home cabins and chalets across U.S. resort destinations including Tennessee. Comparable to Perry Smith on short-term cabin operations, owner onboarding, and direct-to-consumer booking.
- Auntie Belham's Realty Group & Cabins: Smoky Mountains cabin rental and real estate company operating in Pigeon Forge and Gatlinburg with a portfolio of luxury cabins similar to Smith Creek Reserve and Legacy Mountain. Comparable in both short-term rentals and investment property sales.
Regional players
- Great Smoky Mountain Cabin Rentals: Smoky Mountains-focused cabin rental manager with a large local cabin inventory in Sevierville, Pigeon Forge, and Gatlinburg. Competes directly for leisure travelers in Perry Smith's core rental market.
- Elk Springs Resort: Smoky Mountains cabin resort operator with large luxury cabins (sleeping 10-50+) in Gatlinburg and Pigeon Forge. Closely comparable in product offering (luxury 4-26 bedroom cabins with indoor pools, theaters, game rooms).
Broad incumbents
- Wyndham Destinations (now Travel + Leisure Co.): Large publicly traded vacation ownership and rental operator (Club Wyndham, Margaritaville) with destination resort exposure across the U.S. Comparable on whole-home/villa lodging and timeshare-style real estate product, though not regionally focused.
- Marriott Vacations Worldwide: Publicly traded timeshare and vacation rental operator with luxury villa/rental product globally. Comparable in resort-style vacation real estate and amenitized rental operations, but at much larger scale and broader geographic footprint.
- NTS Development (Realty Income subsidiary): Kentucky/Tennessee-based multifamily and single-family developer with apartment communities in the region. Comparable on multifamily rental development (e.g., Rylan's Creek, Coleson Creek) though with broader geographic and product diversification.
Others
- Wedgewood Investments / Wedgewood Homes: Regional Tennessee residential developer/build-er of single-family subdivisions and apartments. Comparable business model in raw land-to-completed-home development in the same East Tennessee geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Perry Smith Development, LLC social profiles
Digital presencePerry Smith Development, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Perry Smith Development, LLC leadership team
Management profileNumber of profiles
Profiles4 records
Perry Smith Development, LLC subsidiaries and ownership
Company hierarchySubsidiaries2 records
Perry Smith Development, LLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Perry Smith Development, LLC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Perry Smith Development, LLC
What does Perry Smith Development, LLC do?
Perry Smith Development, LLC is a family-owned luxury real estate developer and builder in East Tennessee that develops, constructs, sells, and rents premium residential and resort properties in the Smoky Mountains region. The portfolio includes four vacation cabin resort communities, one single-family residential subdivision, and three apartment and townhome communities, with the company also managing 600+ long-term rental units and 50+ luxury short-term rentals across Sevierville, Pigeon Forge, Gatlinburg, and Knoxville.
Is Perry Smith Development, LLC a public or private company?
Perry Smith Development, LLC is a private company. It is classified as family owned and is currently operating.
When was Perry Smith Development, LLC founded?
Perry Smith Development, LLC was founded in 2010. It employs 11 to 50 people.
Where is Perry Smith Development, LLC based?
Perry Smith Development, LLC is headquartered in Sevierville, Tennessee, United States, in the North America region.
How does Perry Smith Development, LLC make money?
Four revenue lines are on record. Luxury Property Sales are the primary driver. The others are short-Term Vacation Rentals, long-Term Residential Rentals and property Management Services.
Who are Perry Smith Development, LLC's main competitors?
Direct peers on record are Vacasa, Cabins For You, Evolve Vacation Rental and Auntie Belham's Realty Group & Cabins. Regional players are Great Smoky Mountain Cabin Rentals and Elk Springs Resort. Broad incumbents are Wyndham Destinations (now Travel + Leisure Co.), Marriott Vacations Worldwide and NTS Development (Realty Income subsidiary). Wedgewood Investments / Wedgewood Homes is listed as an others.
Does Perry Smith Development, LLC have an API?
No public API is recorded for Perry Smith Development, LLC.
What industry is Perry Smith Development, LLC in?
Perry Smith Development, LLC's product category is Luxury Real Estate Development. Its primary akta.pro industry code is THAMAAAD, Cabins & Cottages, with a secondary code of THAMAAAG, Mountain & Ski Homes. Its NAICS code is 532 and its SIC code is 6531.