2680 High Valley Drive, Pigeon Forge, TN 37863

$1,350,000
Property Type: Single Family Bedrooms: 9 Square Footage: 4,344 Lot Size (sq. ft.): 86,684 Status: Closed
Current Price: $1,350,000 List Date: 2/28/2025 Last Modified: 4/06/2025

Overview

Description

We are excited to present a truly unique opportunity for both short-term and long-term rental investors. This newly listed property offers exceptional value, with flexible rental potential and excellent ROI. This listing includes a 3-bedroom, 2-bathroom single-family home with a one-car garage, a divided driveway, and a fenced-in backyard, perfect for long-term rentals or mid-term guests. Right behind the single-family home, you'll find a 3-unit townhouse with each unit offering 2 bedrooms, 1.5 bathrooms, fully furnished and ready for occupancy. These units are equipped with private driveways, outdoor grills, and picnic tables, offering a fantastic setup for short-term vacation rentals. What makes this property even more attractive to investors is its current use as overflow housing for a local hotel, demonstrating strong demand for short-term rentals in this location. All units have been completely remodeled and updated, ensuring they meet the highest standards of comfort and style. Conveniently located just off Wear's Valley Road, near the Parkway in Pigeon Forge, at Red Light 3, this property enjoys high visibility and accessibility, a key factor in attracting short-term renters. We've also included rental projections from Avada Property Management that demonstrate strong income potential if used as a short-term rental, which is currently permitted in this area. Whether you are looking to expand your short-term rental portfolio or invest in long-term rental properties in the highly sought-after Pigeon Forge area, this listing provides an unparalleled opportunity. Feel free to reach out for more information or to schedule a viewing. We look forward to discussing how this property can work for your investment strategy. See youtube for video by typing the address

Listing Details MLS# 1291398

Location Tax Legal Info

House #
2680
Street Name
High Valley
St Suffix
Drive
State/Province
TN
Zip Code
37863
PIN #
094 011.00
Subdivision
High Valley

Contract Info

Auction Y/N
No
Listing Price
1350000
Occupancy
Either

General Property Description

Type
Other
Lot Size SqFt
86684
Acres
0.35
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
4344
# Bedrooms
9
Baths - Full
5
Baths - 1/2
3
# of Rooms
18
Fireplace
No
Property Status
N/A
HOA
No
Year Built
1965
Bonus Room
No
Extra Storage
Yes
SqFt - Main Lvl
0
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2025-04-06
Under Contract Date
2025-03-05
Sold Date
2025-04-03

Location, Tax & Legal Info

Area
Sevier County - 27
Property Sub-Type
Residential
City/County Code
City Limits
Elementary School
Pigeon Forge
Middle School
Pigeon Forge
Total Tax
1448.6
High School
Pigeon Forge

Remarks & Misc

Directions
From the Parkway in Pigeon Forge, turn onto Wears Valley Dr. Drive 0.7 miles and turn left onto Hiigh Valley Dr. The Property is on the right side.
Public Remarks
We are excited to present a truly unique opportunity for both short-term and long-term rental investors. This newly listed property offers exceptional value, with flexible rental potential and excellent ROI. This listing includes a 3-bedroom, 2-bathroom single-family home with a one-car garage, a divided driveway, and a fenced-in backyard, perfect for long-term rentals or mid-term guests. Right behind the single-family home, you'll find a 3-unit townhouse with each unit offering 2 bedrooms, 1.5 bathrooms, fully furnished and ready for occupancy. These units are equipped with private driveways, outdoor grills, and picnic tables, offering a fantastic setup for short-term vacation rentals. What makes this property even more attractive to investors is its current use as overflow housing for a local hotel, demonstrating strong demand for short-term rentals in this location. All units have been completely remodeled and updated, ensuring they meet the highest standards of comfort and style. Conveniently located just off Wear's Valley Road, near the Parkway in Pigeon Forge, at Red Light 3, this property enjoys high visibility and accessibility, a key factor in attracting short-term renters. We've also included rental projections from Avada Property Management that demonstrate strong income potential if used as a short-term rental, which is currently permitted in this area. Whether you are looking to expand your short-term rental portfolio or invest in long-term rental properties in the highly sought-after Pigeon Forge area, this listing provides an unparalleled opportunity. Feel free to reach out for more information or to schedule a viewing. We look forward to discussing how this property can work for your investment strategy. See youtube for video by typing the address

More Information

Fencing

Privacy
Yes
Wood
Yes

Atchd/Dtchd Type

Detached
Yes

Style

Traditional
Yes

Construction

Brick
Yes
Frame
Yes
Frame - Brick
Yes

Siding

Brick
Yes
Other
Yes

Fireplace

Brick
Yes
Other
Yes

Cooling

Central Cooling
Yes

Floors

Hardwood
Yes

Garage/Parking

Garage Spaces
1
Main Level
Yes
Off-Street Parking
Yes

Basement

Crawl Space
Yes

Lot Description

Irregular Lot
Yes
Level
Yes
Rolling Slope
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

View

Country Setting
Yes
Mountain View
Yes

Heat

Central
Yes

Dining Area

Breakfast Bar
Yes
Eat-in Kitchen
Yes
Kitchen/Dining Rm Co
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes
Washer
Yes

Other Rooms

Bedroom Main Level
Yes
Breakfast Room
Yes
Extra Storage
Yes
Family Room
Yes
Great Room
Yes
Laundry/Utility
Yes
Mstr Bdrm Main Level
Yes

Exterior Features

Patio
Yes

Misc Features

Internet Available
Yes
Kitchen Island
Yes
Washer/Dryer Connect
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Outbuildings

Guest House
Yes

New Financing

Cash
Yes
Conventional
Yes
Other
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Traditional Construction: Brick; Frame; Frame - Brick Siding: Brick; Other Basement: Crawl Space Lot Description: Irregular Lot; Level; Rolling Slope View: Country Setting; Mountain View Fireplace: Brick; Other Floors: Hardwood Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer Sewer: Public Sewer Water: Public Other Rooms: Bedroom Main Level; Breakfast Room; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Internet Available; Kitchen Island; Washer/Dryer Connect Exterior Features: Patio Fencing: Privacy; Wood Outbuildings: Guest House Dining Area: Breakfast Bar; Eat-in Kitchen; Kitchen/Dining Rm Co Showing: See Agent Instructns New Financing: Cash; Conventional; Other
Listing Office: United Real Estate Solutions
IDX
Office Phone: 865-444-2400
Last Updated: April - 06 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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