706 Falcons Nest Way Pigeon Forge, TN 37863
Estimated payment $2,433/month
Highlights
- Property is near a clubhouse
- Cathedral Ceiling
- Log Cabin
- Gatlinburg Pittman High School Rated A-
- Furnished
- Detached Garage
About This Home
Back on market—buyer's financing fell through, no fault of seller or property.
Turn-Key Creekfront Cabin in Prime Pigeon Forge Location | All One Level | 2 Bath | Easily Converts to 2BR | Strong Rental Income Don't miss this rare opportunity to own a beautifully updated, income-producing cabin in the highly sought-after Eagles Ridge Resort—just minutes from the Parkway, Dollywood, The Island, and the Great Smoky Mountains National Park. Currently operating as a 1-bedroom, 2-bath with a dedicated game room, this cabin features a flexible layout that can easily convert to a full 2-bedroom by removing the pool table—increasing guest capacity and revenue potential. Enjoy a spacious, well-designed floor plan with hardwood floors, a cozy gas fireplace, and a fully equipped kitchen. The cabin features a large front deck overlooking a peaceful creek, plus a screened-in back deck with hot tub, grill, and a private wooded setting—ideal for relaxing or entertaining. This property is connected to city utilities, offering dependable service, low monthly costs, and minimal maintenance—a major advantage over cabins on well and septic systems. Located within walking distance to the seasonal pool and clubhouse, and just minutes from major event venues like The LeConte Center and The Ripken Experience, this property sits in a prime location for consistent, year-round bookings in one of Pigeon Forge's strongest rental corridors. Highlights: All one-level layout—ideal for families and easy guest access Creekfront setting with front and back outdoor living spaces Hot tub, grill, and game room for high guest appeal City utilities for low-maintenance ownership Minutes to major attractions and event venues Established rental history and repeat guest base Flexible layout easily converts to 2-bedroom With numerous recent updates (see attached list), an established guest base, and a proven rental history, 706 Falcons Nest is a turn-key investment opportunity in one of the Smokies' most profitable short-term rental markets.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,547
Year Built
- Built in 1995 | Remodeled
Lot Details
- 1,224 Sq Ft Lot
- Home fronts a stream
- Cul-De-Sac
- Property is zoned R2
HOA Fees
- $42 Monthly HOA Fees
Home Design
- Log Cabin
- Log Siding
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Combination Kitchen and Dining Room
- Property Views
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- Detached Garage
- 3 Open Parking Spaces
- Parking Available
- Off-Street Parking
Utilities
- Natural Gas Connected
- High Speed Internet
- Internet Available
- Cable TV Available
Additional Features
- Outdoor Gas Grill
- Property is near a clubhouse
Community Details
- Eagles Ridge Association, Phone Number (865) 908-2644
- Eagles Ridge Resort Subdivision
- Planned Unit Development
Listing and Financial Details
- Tax Lot 37
- Assessor Parcel Number 094G A 00100 037
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,784 | $94,040 | $14,000 | $80,040 |
| 2024 | $2,784 | $94,040 | $14,000 | $80,040 |
| 2023 | $2,784 | $94,040 | $0 | $0 |
| 2022 | $967 | $58,775 | $8,750 | $50,025 |
| 2021 | $967 | $58,775 | $8,750 | $50,025 |
| 2020 | $668 | $58,775 | $8,750 | $50,025 |
| 2019 | $668 | $32,400 | $8,750 | $23,650 |
| 2018 | $668 | $32,400 | $8,750 | $23,650 |
| 2017 | $668 | $32,400 | $8,750 | $23,650 |
| 2016 | $668 | $32,400 | $8,750 | $23,650 |
| 2015 | -- | $34,225 | $0 | $0 |
| 2014 | $626 | $34,223 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Price Changed | $430,000 | -2.3% | $448 / Sq Ft |
| 08/13/2025 08/13/25 | Price Changed | $440,000 | -4.3% | $458 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $460,000 | -- | $479 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $28,000 | -- |
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 307522
APN: 094G-A-001.00-037
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