2336 Waterfall Way, Pigeon Forge, TN 37863

$689,988
3
BD
3
BA
2,174
SqFt
List Price
$689,988
Price Change
▼ $4,962 1716408899
MLS#
268651
Status
ACTIVE
Type
Single Family Residential
City
Pigeon Forge
County
Sevier
Bedrooms
3
Bathrooms
3
Baths Full
3
Living Area
2,174
Year Built
2003

Property Description

This exceptional cabin boasts 3 comfortable bedrooms, 3 full bathrooms, a beautiful upstairs loft with lots of natural lighting and mountain scenery. It has accommodations for 12 guests and beautiful furniture. This cabin is located 6 minutes off the Parkway in the heart of Pigeon Forge TN, making it very convenient for attractions, shopping and restaurants. Historically, this property has demonstrated fantastic performance with $105K in gross rental revenue in 2022 and over $84K in gross rental revenue in 2023. Even with Airbnb's average rental being down over 56.87% nationwide, this cabin was only off 24% from the previous year. This cabin is a strong, consistent rental. The interior of the cabin has been routinely upgraded to ensure the utmost comfort and satisfaction of its guests. Notable upgrades include, two new commercial-grade leather sleeper sofas with memory foam mattresses, restained exterior deck railings, all fresh bedding, a new washer and dryer combo unit, a new refrigerator, new dish washer and a handmade Aspen log dining table. There are also new ceiling fans, new lighting fixtures and upgraded multi channel cable and high speed internet service. The downstairs was remodeled with the classic hotrod theme in a barn style setting. There is a new stand up arcade game, hand built coffee table and a log style pool table with new felt, new cues and custom marble balls. This is a spacious game room with seating areas for leisure and recreation. The black bear theme was designed for the main level with several adorable bears, new leather sleeper sofa, new leather chairs, a hand made coffee table and a custom carved handrail leading to the loft. The kitchen has been freshly renovated to include upgraded appliances, faucet and new counter top cooking aids. Outdoor amenities have not been overlooked. The hot tub has a custom-built privacy screen adorned with solar flickering flame lights at night to create a relaxing atmosphere. The upper deck has a scenic view from the coffee shelf and a built-in table with seating that is perfect for enjoying the picturesque surroundings. A hand made Mama bear/Papa bear bench has been installed by the front door and is a great spot for family photos. There's a new charcoal grill for family cookouts and the neighborhood has 2 pools, a covered picnic area and wedding chapel. In summary, this cabin offers an exceptional investment opportunity with a track record of impressive returns making it a profitable option for investors. Simultaneously, it serves as an ideal vacation destination for those seeking a luxurious and memorable experience where over 11 million people visited in 2023. To fully appreciate the charm and potential of this property, we invite you to schedule a viewing and see this place for yourself.

Additional Information

Community Amenities
Clubhouse, Pool
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Basement
Crawl Space, Finished
Cooling
Central Air, Electric, Heat Pump
Fireplace
Yes
Living Area
2,174
Style
Cabin, Log
Subdivision
Alpine Mountain Village
Year Built
2003
Zoning
C-4
Subdivision
Alpine Mountain Village
Heating
Central, Electric, Heat Pump
Hoa
Yes
Hoa Freq
Monthly
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Agent: Christopher Kirkland |

Office: Realty Executives Associates Knox |

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2024 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .