This one checks a lot of boxes for investors looking at the Pigeon Forge STR market. Five bedrooms, five bathrooms, fire sprinkler suppression system, sleeps 16, and sits inside a resort community on the Pine Mountain Road corridor, less than 1.5 miles to the Parkway. Close to everything, easy to access, no mountain road to deal with. The property is currently grossing around $70,000 annually under its existing management setup. AirDNA projects this cabin at $102,000, and a third-party STR projection from local PM came in at $125,000. The spread between where it sits and where it can go is the opportunity. The layout works well for large group bookings, which is where the money is in this market. Four king suites, a bunk room, two sofa beds across three floors, multiple living areas, and rear deck space with a hot tub. Pool table, arcade game, charcoal grill. Every bedroom has its own bath. Inside you've got tongue-in-groove knotty pine and log walls, granite countertops throughout, a full kitchen with island and stainless appliances, bar seating, washer/dryer, and 4K Smart TVs in every room. Pull-through parking on site. There's even a peek of the mountains from the top level. It's not a fixer, it's ready to rent. Five-star ratings on its current platform. If you're looking for a performing asset in one of the most consistently booked STR markets in the country, this one is worth a close look.
Based on the average sale price from the Dandridge, TN office
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
826 String Run Way Pigeon Forge, TN is a Single Family Home for sale at $950000 with 2567 sqft and a lot size of 0.01 Acres Acre(s). 826 String Run Way Pigeon Forge has 5 bedrooms, 5 baths and was built in 2023. The property's zip code is 37863 which is in Pigeon Forge, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.