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$1,350,000
$1,350,000
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2680 High Valley DR Pigeon Forge, TN 37863
9 Beds
8 Baths
4,344 SqFt
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
Sold Date 04/03/25
Style Traditional
Bedrooms 9
Full Baths 5
Half Baths 3
HOA Y/N No
Abv Grd Liv Area 4,344
Year Built 1965
Annual Tax Amount $1,448
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Single Family Residence
Source Great Smoky Mountains Association of REALTORS®
Land Area 4344
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
Direction 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.
Rooms
Basement Crawl Space
Interior
Interior Features Additional Living Quarters, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Great Room, High Speed Internet, Kitchen Island, Kitchen/Dining Combo, Solid Surface Counters
Heating Central
Cooling Central Air
Flooring Hardwood
Furnishings Furnished
Fireplace No
Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
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)
Street Surface Paved
Porch Patio
Road Frontage Road
Garage Yes
Building
Lot Description Back Yard, Front Yard, Level, Views, Country Setting
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick,Frame
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
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