655 Gatlinburg Falls Way

Gatlinburg, TN
$ 1,227,900 Beds 4 Baths 4 Sq 2,808
Monthly Estimate* How much can I afford?

Welcome to 655 Gatlinburg Falls Way, an exceptional, income-producing luxury cabin located in the highly sought-after Gatlinburg Falls Phase 1 subdivision in the heart of Gatlinburg. This beautifully decorated tri-level property offers the perfect blend of upscale mountain living and high-performing short-term rental investments. Designed with both comfort and entertainment in mind, this spacious cabin features multiple bedrooms each with its own cozy fireplace, providing a premium guest experience and strong repeat rental appeal. The open-concept main living area showcases granite countertops, stainless steel appliances, and ample space for hosting large groups. Entertainment is unmatched with a dedicated theater room and an action-packed game room, making this property a top choice for vacationers seeking a full experience. The fully finished layout offers generous sleeping capacity, ensuring maximum occupancy potential and excellent ROI. Located on wide, easily accessible roads within Gatlinburg Falls Resort, guests enjoy convenient year-round access along with access to a well-maintained outdoor swimming pool--an attractive amenity that enhances rental demand. Positioned just minutes from downtown Gatlinburg and only 6 miles to Pigeon Forge, this prime location places guests near top attractions, dining, and entertainment while still offering the privacy and charm of a mountain retreat. Turnkey, fully furnished, and rental-ready, this property is an outstanding opportunity for investors or buyers seeking a high-performing vacation home in one of the Smokies' most desirable resort communities. Schedule your showing today and capitalize on this income-producing property in a premier location.

Active

  • Price
  • $ 1,227,900
  • City
  • Gatlinburg
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • Sevier
  • Half Bathrooms
  • 0
  • Area
  • Sevier County
  • Lot Size
  • 0.01 Acres
  • Zip
  • 37738
  • Sqr Footage
  • 2,808
  • Year Built
  • 2018
  • Taxes
  • $ 4126
  • Style
  • Cabin, Log
  • MLS#
  • 1335633
Listed By: eXp Realty, LLC
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Public Sewer
Heating Heat Pump,Electric
Cooling Central Cooling
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
HOA Fee 291.46
Association Fee Includes Some Amenities
Architectural Style Cabin,Log
Security Features Smoke Detector
Construction Materials Log,Frame
Year Built 2018
View Mountain View
Property Subtype Single Family Residence
Assoc Fee Paid Per Monthly
County Sevier County - 27
Property Type Single Family
HOA true
Attached Garage false
Subdivision Name Gatlinburg Falls Phase 1
Total Rooms 8
Full Baths 4
Status Active
Directions From traffic light No.1 in Gatlinburg, take Dudley Creek Bypass. At the 3-way stop, veer left, then turn right onto Hidden Valley Road. Gatlinburg Falls Resort will be on the left.
High School Gatlinburg Pittman
City Gatlinburg
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 435.6
Elementary School Pi Beta Phi
Property Attached Y/N false
Middle/Junior High School Pi Beta Phi
MLS Area Minor Sevier County - 27
Structure Type Tri-Level
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true
New Financing New Loan true

Interior Features

Interior Amenities Cathedral Ceiling(s)
Basement Finished
Flooring Vinyl
Total Fireplaces 5
Fireplace Features Electric
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 4
Total Baths 4

Exterior Features

Exterior Amenities Balcony
Parking Features On-Street Parking,Designated Parking,Main Level
Lot Features Zero Lot Line
Water Source Public
Lot Size Area 0.01
Building Area Total 2808
Lot Size Acres 0.01
Lot Size Source Tax Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Knoxville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Schools

Elementary School Pi Beta Phi Elementary School
Middle School Pi Beta Phi Middle School
High School Gatlinburg Pittman High School

Price History

4/6/2026 Listed $1,228,900
7/17/2026 Listed $1,227,900

Property vs Zip Code Average in 37738

Price
AVG $910K
$1.23M
Taxes
AVG $2,574
$4,126
Year Built
AVG 2003
2018

655 Gatlinburg Falls Way Gatlinburg, TN is a Single Family Home for sale at $1227900 with 2808 sqft and a lot size of 0.01 Acres Acre(s). 655 Gatlinburg Falls Way Gatlinburg has 4 bedrooms, 4 baths and was built in 2018. The property's zip code is 37738 which is in Gatlinburg, 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.