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 57 Airbnb reviews averaging 4.93 stars, Guest Favorite status, 30 days of owner usage during peak season, and already has $24,000 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.
For sale
$624,900
1663 Falls Way, Pigeon Forge, TN 37863
2beds
1,750sqft
Est.:
Cabin, Residential
Built in 2020
-- sqft lot
$606,700 Zestimate®
$357/sqft
$180/mo HOA
What's special
Stainless steel appliancesOpen concept layoutPrivate hot tubGranite countertopsEntertainment focused design
- 24 days |
- 894 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: February 14, 2026 at 06:58pm
Listed by:
Madeline Blom 865-924-3240,
Real Broker 855-450-0442
Source: GSMAR, GSMMLS,MLS#: 310194
Tour with a local agent
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, Electric Cooktop, Microwave, Microwave Range Hood Combo, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), Granite Counters, Kitchen Island, Living/Dining Combo, Walk-In Shower(s)
- Flooring: Luxury Vinyl
- Basement: Finished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Electric
- Furnished: Yes
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
- Finished area above ground: 1,750
- Finished area below ground: 0
Property
Parking
- Parking features: Asphalt
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck
- Exterior features: Rain Gutters
- Pool features: Community, Association
- Spa features: Hot Tub
- Fencing: None
Lot
- Features: City Lot, Level, Views
Details
- Parcel number: 095 023.01
- Zoning: C4
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Cabin, Residential
Materials
- Foundation: Basement
- Roof: Composition
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Bear Cove Falls
HOA
- Has HOA: Yes
- Amenities included: Maintenance Grounds, Pool
- HOA fee: $180 monthly
- HOA name: All Pro Property Management
Location
- Region: Pigeon Forge
Financial & listing details
- Price per square foot: $357/sqft
- Annual tax amount: $2,858
- Date on market: 2/15/2026
- Listing terms: 1031 Exchange,Cash,Conventional,Other
- Road surface type: Paved
Estimated market value
$606,700
$576,000 - $637,000
$3,336/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2026 | Listed for sale | $624,9000%$357/sqft |
Source:  GSMAR, GSMMLS #310194 Report a problem | ||
| 1/30/2024 | Sold | $625,000-7.4%$357/sqft |
Source:  East Tennessee Realtors #1243788 Report a problem | ||
| 1/10/2024 | Pending sale | $675,000$386/sqft |
Source: East Tennessee Realtors #1243788 Report a problem | ||
| 12/8/2023 | Price change | $675,000-3.6%$386/sqft |
Source: East Tennessee Realtors #1243788 Report a problem | ||
| 10/24/2023 | Listed for sale | $699,900-6.7%$400/sqft |
Source: East Tennessee Realtors #1243788 Report a problem | ||
| 9/18/2023 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1373624 Report a problem | ||
| 5/17/2023 | Listed for sale | $749,900+80.7%$429/sqft |
Source: Greater Chattanooga Realtors #1373624 Report a problem | ||
| 5/18/2020 | Sold | $415,000-2.4%$237/sqft |
Source: GSMAR, GSMMLS #226272 Report a problem | ||
| 4/15/2020 | Pending sale | $425,000$243/sqft |
Source: eXp Realty, LLC Nashville #226272 Report a problem | ||
| 4/4/2020 | Listed for sale | $425,000$243/sqft |
Source: eXp Realty, LLC Nashville #226272 Report a problem | ||
| 2/29/2020 | Pending sale | $425,000$243/sqft |
Source: eXp Realty, LLC Nashville #226272 Report a problem | ||
| 12/29/2019 | Listed for sale | $425,000$243/sqft |
Source: eXp Realty, LLC Nashville #226272 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,319/mo
Principal & interest
$3004
HOA Fees
$180
Property taxes
$135
More affordability tools
Climate risks
Neighborhood: 37863
Nearby schools
GreatSchools rating
- NASevierville Primary SchoolGrades: PK-2Distance: 4.3 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 2.7 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 2.8 mi
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