2024 GROSS RENTAL INCOME @ $101,485.90 for TWO SHORT TERM RENTALS!!!
200+ REVIEWS combined between these TWO STRs with an average rating of 4.92 on AirBNB!!!
LOCATION LOCATION LOCATION just 0.5 miles to the Parkway. Imagine all those happy guests willing to give you a 5 star review during the busy Summer and Fall seasons, especially DURING ROD DUN WEEKENDS, because your TWO PROPERTIES allows them to walk to the Parkway faster than they could drive their cars in all that traffic!!!
These TWO STRs have tons of outdoor space and visual appeal, as well as tons of parking and even has a 2 car garage and extra storage. Each STR has its own private outdoor space, covered hot tubs and individual parking, but the property as a whole also presents the option for large parties to book BOTH STRs so they can enjoy their vacation/family time together.
Another option is a potential buyer can OWNER OCCUPY one home and use the remaining property as an INCOME PROPERTY. Given the amazing location in downtown Pigeon Forge, and the proven rental income history on this property as a whole, having an income producing ADU is a very rare option here in the Smoky Mountains.
The main property is a two story structure with a large family room, open kitchen and dining room combo with 2 bedrooms on the main floor and 1 large bathroom. The upstairs has 1 bedroom and 1 full bathroom. The upstairs bedroom has an amazing porch with rocking chairs perfect to sip on your morning coffee and look over the collection of antique farm equipment that is getting harder & harder to find. There is also a covered and screened deck off the kitchen with an outdoor dining space.
The second property, or additional dwelling unit (ADU), is a single level rancher. Walking into the main living area and family room, you'll be amazed at the creativity that went into the seller's interior design process. Truly one of a kind items from innumerable local antique shops. This rancher has a full kitchen, 2 bedrooms and 1.5 bathrooms with a large outdoor area with hot tub, fire pit, etc.
Photos and a written description doesn't do these TWO STRs adequate justice and they really must be experienced for one's self. If you love A+ location properties with old world charm and PROVEN RENTAL INCOME, these TWO STRs should definitely be on your listing.
These properties are heavily rented, so if you're in town but can't see them b/c they're reserved or you're an out of state investor working with a local Realtor, please ask your Realtor (or the listing agent) for walkthrough videos and they will be provided. Some drone photography used in listing photos. Total SQFT is total of both properties: 1484 + 1316 = 2800 from tax records. 2024 Gross Rental Income numbers attached to the MLS documents.
For sale
$900,000
506 & 504 Pine Mountain Rd, Pigeon Forge, TN 37863
5beds
2,800sqft
Est.:
Single Family Residence, Residential
Built in 1949
0.55 Acres Lot
$-- Zestimate®
$321/sqft
$-- HOA
What's special
Single level rancherLarge family roomVisual appealFull kitchenTons of parkingIndividual parkingTwo story structure
- 15 days
- on Zillow |
- 558 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: August 16, 2025 at 04:22am
Listed by:
Matt Castle 865-344-1823,
eXp Realty, LLC 7720 888-519-5113
Source: GSMAR, GSMMLS,MLS#: 307884

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Electric, Natural Gas
Cooling
- Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
Features
- High Speed Internet, Kitchen/Dining Combo
- Flooring: Laminate, Tile
- Windows: Window Treatments
- Basement: Crawl Space
- Number of fireplaces: 2
- Fireplace features: Electric, Other
- Furnished: Yes
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
- Finished area above ground: 2,800
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Circular Driveway, Driveway, Gravel, Main Level Garage, Off Street
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Enclosed, Screened
- Exterior features: Rain Gutters, Storage, Other
- Fencing: Back Yard
Lot
- Size: 0.55 Acres
- Features: Back Yard, City Lot, Front Yard, Landscaped, Wooded
Details
- Additional structures: Garage(s), Outbuilding, Storage, Workshop
- Parcel number: 094 037.00
- Zoning: C2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Block, Frame
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, High Speed Internet Connected, Internet Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Pigeon Forge
Financial & listing details
- Price per square foot: $321/sqft
- Annual tax amount: $3,252
- Date on market: 8/16/2025
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Gravel, Paved
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