1663 Falls Way, Pigeon Forge, TN 37863

$555,000
2
BD
3
BA
1,750
SqFt

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Sold Price
$555,000
List Price
$599,900
Closing Date
Apr 20, 2026
Status
CLOSED
MLS#
310194
Bedrooms
2
Full-baths
2
Half-baths
1
Sq. Ft
1,750
Year Built
2020
Subdivision
Bear Cove Falls

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 59 Airbnb reviews averaging 4.93 stars, Guest Favorite with Top 5% status, 30 days of owner usage during peak season, and already has $26,000 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.

Additional Information

Price Per Sqft
$317
Days on Market
46
Annual Tax
2858
Tax Year
2025
Hoa Fee
$180
Hoa Freq
Monthly
Style
Cabin
Stories
Two
Interior Features
Ceiling Fan(s), Granite Counters, Kitchen Island, Walk-In Shower(s), Living/Dining Combo
Exterior Features
Rain Gutters
Amenities
Maintenance Grounds, Pool
Appliances
Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Washer
Basement
Finished, Walk-Out Access, Basement
Roof
Composition
Garage Type
Asphalt
Fireplace Type
Electric
Heating
Central, Electric
Cooling
Central Air, Electric
Sewer
Public Sewer
Water
Public
Gross Amount One
51000
Year One
2025

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Listing courtesy of Real Broker. Selling Office: .

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .