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  • $555,000

    1663 Falls Way, Pigeon Forge, TN 37863

    2beds
    1,750sqft
    Residential
    Built in 2020
    -- sqft lot
    $544,400 Zestimate®
    $317/sqft
    $4,848 Estimated rent

    Home value

    $544,400

    $474,000 - $626,000

    $4,848/mo

    Zestimate® history
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    $3,380/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Madeline Blom 865-924-3240,

    Real Broker

    Bought with:

    Zeke Goodman, 362367

    eXp Realty

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3304863MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Cooktop, Microwave, Refrigerator, Oven, Washer
    Features
    • Ceiling Fan(s), Kitchen Island
    • Flooring: Luxury Vinyl
    • Basement: Finished,Other
    • Number of fireplaces: 1
    • Fireplace features: Electric
    Interior area
    • Total structure area: 1,750
    • Total interior livable area: 1,750 sqft

    Property

    Parking
    • Parking features: Asphalt
    Features
    • Levels: Three Or More
    • Stories: 2
    • Patio & porch: Deck, Covered
    • Pool features: Association
    Lot
    • Features: Level, Views
    • Topography: Level,Views
    Details
    • Parcel number: 095 023.01
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Residential
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Bear Cove Falls
    HOA
    • Has HOA: Yes
    • Amenities included: Pool
    • HOA fee: $180 monthly
    Location
    • Region: Pigeon Forge

    Financial & listing details

    • Price per square foot: $317/sqft
    • Annual tax amount: $2,858
    • Date on market: 4/1/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/20/2026Sold$555,000-7.5%$317/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3304863 Report a problem
    4/1/2026Pending sale$599,900$343/sqft
    Source: GSMAR, GSMMLS #310194 Report a problem
    3/25/2026Price change$599,900-2.4%$343/sqft
    Source: GSMAR, GSMMLS #310194 Report a problem
    3/18/2026Price change$614,900-1.6%$351/sqft
    Source: GSMAR, GSMMLS #310194 Report a problem
    2/15/2026Listed for sale$624,9000%$357/sqft
    Source: GSMAR, GSMMLS #310194 Report a problem
    1/30/2024Sold$625,000-7.4%$357/sqft
    Source: East Tennessee Realtors #1243788 Report a problem
    1/10/2024Pending sale$675,000$386/sqft
    Source: East Tennessee Realtors #1243788 Report a problem
    12/8/2023Price change$675,000-3.6%$386/sqft
    Source: East Tennessee Realtors #1243788 Report a problem
    10/24/2023Listed for sale$699,900-6.7%$400/sqft
    Source: East Tennessee Realtors #1243788 Report a problem
    9/18/2023Listing removed--
    Source: Greater Chattanooga Realtors #1373624 Report a problem
    5/17/2023Listed for sale$749,900+76.4%$429/sqft
    Source: Greater Chattanooga Realtors #1373624 Report a problem
    5/18/2020Listing removed$425,000$243/sqft
    Source: eXp Realty, LLC Nashville #226272 Report a problem
    4/15/2020Pending sale$425,000$243/sqft
    Source: eXp Realty, LLC Nashville #226272 Report a problem
    4/4/2020Listed for sale$425,000$243/sqft
    Source: eXp Realty, LLC Nashville #226272 Report a problem
    2/29/2020Pending sale$425,000$243/sqft
    Source: eXp Realty, LLC Nashville #226272 Report a problem
    12/29/2019Listed for sale$425,000$243/sqft
    Source: eXp Realty, LLC Nashville #226272 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37863

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $544,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $544,400