2680 High Valley Drive, Pigeon Forge, TN 37863
$1,350,000
Property Type:
Single Family
Bedrooms:
9
Square Footage:
4,344
Lot Size (sq. ft.):
86,684
Status:
Closed
Current Price:
$1,350,000
List Date:
2/28/2025
Last Modified:
4/06/2025
Overview
Description
...
(Read more)
We are excited to present a truly unique opportunity for both short-term and long-term rental investors. This newly listed property offers exceptional value, with flexible rental potential and excellent ROI.
This listing includes a 3-bedroom, 2-bathroom single-family home with a one-car garage, a divided driveway, and a fenced-in backyard, perfect for long-term rentals or mid-term guests. Right behind the single-family home, you'll find a 3-unit townhouse with each unit offering 2 bedrooms, 1.5 bathrooms, fully furnished and ready for occupancy. These units are equipped with private driveways, outdoor grills, and picnic tables, offering a fantastic setup for short-term vacation rentals.
What makes this property even more attractive to investors is its current use as overflow housing for a local hotel, demonstrating strong demand for short-term rentals in this location. All units have been completely remodeled and updated, ensuring they meet the highest standards of comfort and style.
Conveniently located just off Wear's Valley Road, near the Parkway in Pigeon Forge, at Red Light 3, this property enjoys high visibility and accessibility, a key factor in attracting short-term renters. We've also included rental projections from Avada Property Management that demonstrate strong income potential if used as a short-term rental, which is currently permitted in this area.
Whether you are looking to expand your short-term rental portfolio or invest in long-term rental properties in the highly sought-after Pigeon Forge area, this listing provides an unparalleled opportunity.
Feel free to reach out for more information or to schedule a viewing. We look forward to discussing how this property can work for your investment strategy.
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Listing Details MLS# 1291398
Location Tax Legal Info
- House #
- 2680
- Street Name
- High Valley
- St Suffix
- Drive
- State/Province
- TN
- Zip Code
- 37863
- PIN #
- 094 011.00
- Subdivision
- High Valley
Contract Info
- Auction Y/N
- No
- Listing Price
- 1350000
- Occupancy
- Either
General Property Description
- Type
- Other
- Lot Size SqFt
- 86684
- Acres
- 0.35
- Acre Source
- Tax Records
- Site Built
- Yes
- Restrictions
- Yes
- SqFt - Total (Aprox)
- 4344
- # Bedrooms
- 9
- Baths - Full
- 5
- Baths - 1/2
- 3
- # of Rooms
- 18
- Fireplace
- No
- Property Status
- N/A
- HOA
- No
- Year Built
- 1965
- Bonus Room
- No
- Extra Storage
- Yes
Status Change Info
- Status Change Date
- 2025-04-06
- Under Contract Date
- 2025-03-05
- Sold Date
- 2025-04-03
More Information
Property Features
Style:
Traditional
Construction:
Brick; Frame; Frame - Brick
Siding:
Brick; Other
Basement:
Crawl Space
Lot Description:
Irregular Lot; Level; Rolling Slope
View:
Country Setting; Mountain View
Fireplace:
Brick; Other
Floors:
Hardwood
Fuel:
Electric; Gas (Natural)
Heat:
Central
Cooling:
Central Cooling
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer
Sewer:
Public Sewer
Water:
Public
Other Rooms:
Bedroom Main Level; Breakfast Room; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level
Misc Features:
Internet Available; Kitchen Island; Washer/Dryer Connect
Exterior Features:
Patio
Fencing:
Privacy; Wood
Outbuildings:
Guest House
Dining Area:
Breakfast Bar; Eat-in Kitchen; Kitchen/Dining Rm Co
Showing:
See Agent Instructns
New Financing:
Cash; Conventional; Other
IDX
Listing Office:
United Real Estate Solutions
Last Updated: April - 06 - 2025
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