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Tina Wiebe

tina.wiebe@engelvoelkers.com +1(865) 360-8556

$ 998,000

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826 String Run WAY Pigeon Forge, TN 37863

5 Beds

5 Baths

2,567 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,567 sqft

Price per Sqft $388

Subdivision Fiddlers Creek

MLS Listing ID 1338783

Style Cabin,Log

Bedrooms 5

Full Baths 5

HOA Fees $190/mo

Year Built 2023

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Single Family Residence

Source East Tennessee REALTORS® MLS

Property Description

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.

Location

State TN

County Sevier County - 27

Area 0.01

Rooms

Family Room Yes

Other Rooms LaundryUtility, Addl Living Quarter, Bedroom Main Level, Family Room

Basement None

Dining Room Eat-in Kitchen

Interior

Interior Features Cathedral Ceiling(s), Eat-in Kitchen

Heating Heat Pump

Cooling Central Cooling, Ceiling Fan(s)

Fireplaces Number 1

Fireplaces Type Electric

Fireplace Yes

Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Washer

Heat Source Heat Pump

Laundry true

Exterior

Exterior Feature Deck

Parking Features Off-Street Parking, Main Level

Garage Description Main Level, Off-Street Parking

View Wooded, Seasonal Mountain

Garage No

Building

Lot Description Zero Lot Line

Faces Take Pine Mtn Rd 1.2 miles to a right on Fiddlers Creek Way, go to the top of the hill and take a left, cabin will be 2nd on the right.

Sewer Public Sewer

Water Public

Architectural Style Cabin, Log

Structure Type Log,Block,Frame

Others

HOA Fee Include Sewer,Water

Restrictions Yes

Tax ID 094 12400 022

Security Features Smoke Detector

Listed by Prime Mountain Properties

NEARBY SCHOOLS & PROPERTIES

Tina Wiebe

Advisor | License ID: 321004

+1(865) 360-8556

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