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1663 Falls Way, Pigeon Forge, TN 37863

$624,900
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Active
BEDS2 BATHS2 full 1 partial SQUARE FEET1,750 MLS#310194
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONBear Cove Falls NEIGHBORHOODPigeon Forge

Property Description

Turn-key and income producing, this modern 2 bedroom, 2.5 bath ensuite cabin in Bear Cove Falls Resort is perfectly positioned in the heart of Pigeon Forge just 1 mile to the Parkway and 2 miles to Dollywood with easy, no steep road access. Built in 2020 and offering approximately 1,750 sq ft, this property holds 57 Airbnb reviews averaging 4.93 stars, Guest Favorite status, 30 days of owner usage during peak season, and already has $24,000 on the books for 2026 reflecting strong demand with clear revenue upside. Its central location consistently draws guests for local attractions, family vacations, and major events, including gymnastics tournaments throughout Pigeon Forge and Sevierville.Inside, the open concept layout features a spacious living area, stainless steel appliances, granite countertops, and an entertainment focused design with Skee Ball, a driving arcade game, and Atari 50 on the main level, plus a game loft with Pac-Man Plus and Wheel of Fortune. Two generously sized bedrooms each offer private ensuite bathrooms, comfortably sleeping up to 8 guests. Outdoor and resort-style amenities include a private hot tub, cornhole, board games, play tent, seasonal pool access (May-September), and walkable convenience to a neighborhood pizza shop and market making this a rare blend of modern construction, prime location, and proven STR performance with immediate income potential.

1663 Falls Way | MLS# 310194

This home located at 1663 Falls Way, Pigeon Forge, TN 37863 is currently listed for sale with an asking price of $624,900. This property has 2 bedrooms and 2 full and 1 partial baths with 1750 sq. ft. Falls Way is located in the Bear Cove Falls subdivision. Search Bear Cove Falls real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential -
Basement: Basement, Finished, Walk-Out Access
Basement: Yes
Cooling: Central Air, Electric
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Electric
Home Style: Cabin
Taxes: $2,858

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Cooktop, Microwave, Microwave Range Hood Combo, Refrigerator, Self Cleaning Oven, Washer
Association/Condo Fee: 180
Days on Site: 16
Exterior Amenities: Rain Gutters
Fireplace: Electric
Flooring: Luxury Vinyl
HOA Y/N: Yes
Interior Amenities: Ceiling Fan(s), Granite Counters, Kitchen Island, Living/Dining Combo, Walk-In Shower(s)
Laundry: Laundry Closet
Lot: City Lot, Level, Views
Parcel #: 095 023.01
Parking: Asphalt
Patio/Porch: Covered, Deck
Pool: Community, Hot Tub

Listed By / Shown By

Listed By

Agency Name: Real Broker

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

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Source: GSMAR MLS

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Estimated Payment

$ 1,811.19 per month $1,390.76 Principal & Interest $238.17 Property Tax $182.26 Homeowner's Insurance

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