1663 Falls Way Pigeon Forge, TN 37863
Estimated payment $3,649/month
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 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.
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2026 04/01/26 | Pending | -- | -- | -- | |
| 03/25/2026 03/25/26 | Price Changed | $599,900 | -2.4% | $343 / Sq Ft | |
| 03/18/2026 03/18/26 | Price Changed | $614,900 | -1.6% | $351 / Sq Ft | |
| 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®
MLS Number: 310194
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