Location, location, location! Just minutes from the main Parkway in Pigeon Forge, this Smoky Mountain retreat on Ridge Road combines outstanding proximity to area attractions, dining, shopping, and entertainment with the privacy of a wooded mountain setting. The property features a charming 480-square-foot honeymoon cabin currently operating as a short-term rental with an established rental history. Inside, guests are welcomed by rustic mountain character, a cozy gas fireplace, and updates completed within the past year designed to enhance comfort and overall guest appeal. The cabin generated approximately $36,000 in gross rental revenue last year. Using an estimated 30% operating-expense allowance, the property would produce an estimated $25,200 NOI, representing an approximate 8.4% cap rate at the $300,000 list price. Whether you're looking to expand your short-term rental portfolio, purchase a Smoky Mountain getaway, or acquire an investment property close to the heart of Pigeon Forge, this cabin offers an attractive combination of location, rental history, and income potential. Rental figures, expenses, NOI, and cap rate are estimates and are provided for informational purposes only. Buyers should independently verify all financial information and short-term rental requirements.
Based on the average sale price from the Knoxville, TN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
2036 Ridge Rd 2 Pigeon Forge, TN is a Single Family Home for sale at $300000 with 480 sqft and a lot size of 0.01 Acres Acre(s). 2036 Ridge Rd 2 Pigeon Forge has 1 bedrooms, 1 baths and was built in 1993. The property's zip code is 37863 which is in Pigeon Forge, TN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.