Pigeon Forge, TN 37863,2680 High Valley DR
Pigeon Forge, TN 37863,2680 High Valley DR
Pigeon Forge, TN 37863,2680 High Valley DR
Pigeon Forge, TN 37863,2680 High Valley DR
Pigeon Forge, TN 37863,2680 High Valley DR
Pigeon Forge, TN 37863,2680 High Valley DR
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Listed by Jennie Ooten • United Real Estate Solutions

$1,350,000

$1,350,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

9 Beds

8 Baths

4,344 SqFt


SOLD DATE : 04/03/2025

Key Details

Sold Price $1,350,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,344 sqft

Price per Sqft $310

MLS Listing ID 305097

Style Traditional

Bedrooms 9

Full Baths 5

Half Baths 3

Year Built 1965

Annual Tax Amount $1,448

Tax Year 2024

Lot Size 0.350 Acres

Property Sub-Type Single Family Residence

Property 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.

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Location

State TN

County Sevier

Zoning R2

Interior

Heating Central

Cooling Central Air

Flooring Hardwood

Laundry In Kitchen, In Unit, Inside, Laundry Closet, Main Level

Exterior

Parking Features Additional Parking, Garage, Guest, Main Level Garage, Off Street

Garage Spaces 1.0

Fence Back Yard, Fenced, Privacy, Wood

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Available

View Y/N Yes

View Mountain(s)

Building

Lot Description Back Yard, Front Yard, Level, Views, Country Setting

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

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agent
Priscilla Wilmoth

Agent | License ID: 363202

+1(865) 205-9299

308 N PETERS RD., STE 225, Knoxville, TN, 37922, USA

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