$430,000
$30K PRICE DROP

706 Falcons Nest Way Pigeon Forge, TN 37863

Estimated payment $2,433/month

Total Views 7,216
2 Beds
2 Baths
960 Sq Ft
$448 Price per Sq Ft

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.

Listing Agent

Susan Nottingham

Summit Real Estate,LLC License #376037 Listed on: 07/23/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,547

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Zoning: R2
  • Current Use: Investment
  • Reso Property Sub Type: Cabin
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: In Unit, Laundry Closet
  • ResoLotFeatures: Close to Clubhouse, Cul-De-Sac, Views
  • Road Surface Type: Paved
  • Reso View: Other
  • Subdivision Name: Eagles Ridge Resort
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 094G A 00100 037
  • Location Tax and Legal Tax Lot2: 37
  • Location Tax and Legal:Tax Annual Amount: 1547.15
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 0.0281
  • General Property Information Above Grade Finished Area: 960.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Waterfront YN: Yes
  • Levels:One: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information:Stories Total: 1
  • General Property Information Fireplace YN: Yes
  • Interior Features KitchenDining Combo: Yes
  • Main Room Levels Main Level Bathrooms: 2
  • Main Room Levels Main Level Bedrooms: 2
  • Utilities Internet Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Laundry Features Laundry Closet: Yes
  • Utilities Cable Connected: Yes
  • Utilities High Speed Internet Connected: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • General Property Information Planned Unit Development (PUD): Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Kitchen/Dining Combo
  • Street Number Modifier: 706
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Gas Grill
  • Acres: 0.03
  • View: Yes
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Log
  • Construction Materials:Log: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Gas Grill: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Stream: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Close to Clubhouse: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Parking Features: Asphalt, Detached, Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Open Parking Spaces4: 3.0
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, High Speed Internet Connected, Internet Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 126.0
  • Association Fee Frequency: Quarterly
  • Association Name: Eagles Ridge Association
  • Phone: 865-908-2644
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 1224.04
  • ResoLotSizeUnits: Acres
  • Parcel #: 094G A 00100 037

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1547.15
  • Tax Lot: 37

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $2,784 $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
Source: Public Records

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
Source: Great Smoky Mountains Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $28,000 --
Source: Public Records

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 307522

Great Smoky Mountains Association of REALTORS®

APN: 094G-A-001.00-037