$874,900
$75K PRICE DROP

2609 Cedar Falls Way Sevierville, TN 37862

Estimated payment $5,073/month

Total Views 1,335
2 Beds
4 Baths
3,419 Sq Ft
$256 Price per Sq Ft

Highlights

  • Spa
  • View of Trees or Woods
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • 1.42 Acre Lot
  • Pond

About This Home

Discover the perfect blend of peaceful mountain living and high-performing investment at this stunning short-term rental retreat in the heart of the Smokies. Approved by Sevier County for up to 12 guests, this beautifully renovated property offers a rare combination of charm, entertainment, and income-generating potential.

Tucked away on 1.4 private acres, this 2-bedroom home includes a spacious loft that functions as a third sleeping area, offering plenty of room for families and large groups. Step outside and you'll find a tranquil creek running alongside the property, with a picturesque pond view from the porch. It's a favorite spot for local bears who often stop by to swim and fish.

Inside, no detail has been overlooked. The garage has been fully transformed into a $30,000 luxury gaming and entertainment space, making this rental a guest favorite and standout property. Whether it's movie nights, game tournaments, or simply relaxing by the fire pit after a day of hiking, this home delivers unforgettable experiences.

Located just 200 feet from a neighborhood pool, the home provides guests with that extra touch of resort-style convenience while still offering complete privacy.

Now let's talk numbers. While current management may not be maximizing its full potential, strong years have brought in over $120,000 in revenue. This home has proven itself to be a true income-producing gem.

Whether you're looking to expand your portfolio, start a new short-term rental venture, or simply enjoy a mountain retreat that pays for itself, this is the opportunity you've been waiting for.

Listing Agent

Rob Howard

Keller Williams West Knoxville License #320690 Listed on: 04/22/2025

Keller Williams West Knoxville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 2003

Lot Details

  • 1.42 Acre Lot
  • Wooded Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Woods
  • Countryside Views
  • Forest

Home Design

  • Cabin
  • Frame Construction
  • Log Siding

Interior Spaces

  • 3,419 Sq Ft Home
  • Ceiling Fan
  • 3 Fireplaces
  • Ventless Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Screened Porch
  • Storage
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Pond
  • Creek On Lot
  • Lake, Pond or Stream
  • Deck
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 103F A 004.00

Community Details

Overview

  • Association fees include some amenities, grounds maintenance
  • Cedar Falls Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,980

Year Built

Built in 2003

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Directions: From Pigeon Forge: At light 3 in Pigeon Forge, turn West onto Wears Valley Rd (HWY 321). Travel 2.6 miles to Right at light for Walden Creek. Continue 3.5 miles just past Shagbark sign is entrance to Cedar Falls on Right (Cedar Falls Way). Take first Left (looks like you are going up the driveway for the first house on left) and dontinue around bend to the Right. House will be straight ahead.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2003
  • Lot Size Acres: 1.42
  • Subdivision Name: Cedar Falls
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2454.0
  • General Property Description:SqFt - Down Lvl: 965.0
  • General Property Description:_pound_ Fireplace: 3.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Lot Description:Creek: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Siding:Log2: Yes
  • Misc Features:Hot Tub: Yes
  • Lot Description:Pond: Yes
  • Fireplace Insert: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Pre-Fab, Insert, Ventless, Gas Log
  • Fireplaces: 3
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Eat-in Kitchen
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Appliances:Gas Grill: Yes
  • Fireplace:Pre-Fab: Yes
  • Fireplace:Ventless: Yes

Exterior Features

  • Exterior Features: Gas Grill, Windows - Vinyl
  • View: Country Setting, Wooded
  • Lot Features: Pond, Creek, Wooded
  • Construction Type: Log, Frame
  • Patio And Porch Features: Porch - Screened, Porch - Covered, Deck
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Vinyl: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Designated Parking, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Designated Parking: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Heat Pump, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Swimming Pool, Playground
  • Association Fee: 800.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Playground: Yes
  • Association Fee Incl:Some Amenities: Yes
  • Association Fee Incl:Grounds Maintenance: Yes

Fee Information

  • Association Fee Includes: Some Amenities, Grounds Maintenance

Lot Info

  • Lot Size Sq Ft: 61855.2
  • Parcel #: 103F A 004.00

Tax Info

  • Tax Annual Amount: 2979.54

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,980 $201,320 $16,000 $185,320
2024 $2,980 $201,320 $16,000 $185,320
2023 $2,980 $201,320 $0 $0
2022 $1,745 $117,875 $10,000 $107,875
2021 $1,745 $117,875 $10,000 $107,875
2020 $1,236 $117,875 $10,000 $107,875
2019 $1,236 $66,475 $10,000 $56,475
2018 $1,236 $66,475 $10,000 $56,475
2017 $1,236 $66,475 $10,000 $56,475
2016 $1,236 $66,475 $10,000 $56,475
2015 -- $70,525 $0 $0
2014 $1,150 $70,530 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $874,900 -2.8% $256 / Sq Ft
06/27/2025 06/27/25 Price Changed $899,900 0.0% $263 / Sq Ft
06/25/2025 06/25/25 Price Changed $900,000 -5.3% $263 / Sq Ft
04/22/2025 04/22/25 For Sale $949,900 +81.0% $278 / Sq Ft
06/09/2020 06/09/20 Off Market $524,900 -- --
03/10/2020 03/10/20 Sold $524,900 0.0% $222 / Sq Ft
11/06/2019 11/06/19 For Sale $524,900 +176.3% $222 / Sq Ft
06/18/2012 06/18/12 Sold $190,000 0.0% $88 / Sq Ft
06/18/2012 06/18/12 Sold $190,000 -11.2% $88 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
04/20/2012 04/20/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $214,000 -45.8% $99 / Sq Ft
07/18/2011 07/18/11 For Sale $395,000 -- $182 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $860,000 Professional Title
Warranty Deed $524,900 Smoky Mountain Title
Warranty Deed -- --
Special Warranty Deed $190,000 --
Deed $3,413,625 --
Deed $5,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $472,410 New Conventional
Previous Owner $152,000 Commercial
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1298220

East Tennessee REALTORS® MLS

APN: 103F-A-004.00