$624,900

1663 Falls Way Pigeon Forge, TN 37863

Estimated payment $3,663/month

Total Views 32
2 Beds
2.5 Baths
1,750 Sq Ft
$357 Price per Sq Ft

Highlights

  • Pool and Spa
  • Bonus Room
  • Granite Countertops
  • Deck
  • Furnished
  • Covered Patio or Porch

About This Home

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.

Listing Agent

Madeline Blom

Real Broker License #339576 Listed on: 02/15/2026

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,858

Year Built

  • Built in 2020

Lot Details

  • Level Lot
  • Property is zoned C4

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • Parking Available

Home Design

  • Cabin
  • Composition Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Luxury Vinyl Tile Flooring
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot /11
  • Assessor Parcel Number 095 023.01

Community Details

Overview

  • All Pro Property Management Association
  • Bear Cove Falls Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,858

Year Built

Built in 2020

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Zoning: C4
  • Current Use: Investment, Residential
  • Reso Property Sub Type: Cabin
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Laundry Closet
  • ResoLotFeatures: City Lot, Level, Views
  • ResoPoolFeatures: Community, Hot Tub
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds, Pool
  • Pets Allowed: Yes
  • Subdivision Name: Bear Cove Falls
  • Above Grade Finished Sq Ft: 1750.0
  • Architectural Style: Cabin
  • Fireplace: Yes
  • Reso Flooring: Luxury Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 095 023.01
  • Location Tax and Legal Tax Lot2: /11
  • Location Tax and Legal:Tax Annual Amount: 2858.04
  • Location Tax and Legal Tax Year2: 2025
  • General Property Information Above Grade Finished Area: 1750.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • General Property Information View YN2: No
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Pool Features Hot Tub: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • Interior Features LivingDining Combo: Yes
  • Interior Features Walk-In Shower(s): Yes
  • Flooring Luxury Vinyl: Yes
  • Appliances Microwave Range Hood Combo: Yes
  • Laundry Features Laundry Closet: Yes
  • Pets Allowed:Yes: Yes
  • General Property Information Planned Unit Development (PUD): Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Basement, Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Microwave, Microwave Range Hood Combo, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Kitchen Island, Living/Dining Combo, Walk-In Shower(s)
  • Street Number Modifier: 1663
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Granite Counters: Yes
  • Interior Features:Kitchen Island: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Fencing: None
  • View: No
  • Disclosures: Seller Disclosure
  • Patio And Porch Features: Covered, Deck
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Views: Yes
  • Lot Features:City Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt
  • General Property Information:Garage YN: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: All Pro Property Management
  • Phone: N/A
  • Association: Yes

Association/Amenities

  • Association Amenities:Maintenance Grounds: Yes

Lot Info

  • Parcel #: 095 023.01

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2858.04
  • Tax Lot: /11

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2026 02/15/26 For Sale $624,900 0.0% $357 / Sq Ft
01/30/2024 01/30/24 Sold $625,000 -7.4% $347 / Sq Ft View Prior Sale
01/15/2024 01/15/24 Pending -- -- --
12/09/2023 12/09/23 Price Changed $675,000 -3.6% $375 / Sq Ft
11/10/2023 11/10/23 For Sale $699,900 -- $389 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 310194

Great Smoky Mountains Association of REALTORS®