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826 String Run Way, Pigeon Forge, TN 37863

$998,000
  • 826 String Run Way, Pigeon Forge, TN 37863 Main Photo

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New to the Market Active
BEDS5 BATHS5 full SQUARE FEET2,567 MLS#1338783
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONFiddlers Creek NEIGHBORHOODSevier County - 27

Property Description

This one checks a lot of boxes for investors looking at the Pigeon Forge STR market. Five bedrooms, five bathrooms, fire sprinkler suppression system, sleeps 16, and sits inside a resort community on the Pine Mountain Road corridor, less than 1.5 miles to the Parkway. Close to everything, easy to access, no mountain road to deal with. The property is currently grossing around $70,000 annually under its existing management setup. AirDNA projects this cabin at $102,000, and a third-party STR projection from local PM came in at $125,000. The spread between where it sits and where it can go is the opportunity. The layout works well for large group bookings, which is where the money is in this market. Four king suites, a bunk room, two sofa beds across three floors, multiple living areas, and rear deck space with a hot tub. Pool table, arcade game, charcoal grill. Every bedroom has its own bath. Inside you've got tongue-in-groove knotty pine and log walls, granite countertops throughout, a full kitchen with island and stainless appliances, bar seating, washer/dryer, and 4K Smart TVs in every room. Pull-through parking on site. There's even a peek of the mountains from the top level. It's not a fixer, it's ready to rent. Five-star ratings on its current platform. If you're looking for a performing asset in one of the most consistently booked STR markets in the country, this one is worth a close look.

826 String Run Way | MLS# 1338783

This single family home located at 826 String Run Way, Pigeon Forge, TN 37863 is currently listed for sale with an asking price of $998,000. This property has 5 bedrooms and 5 full baths with 2567 sq. ft. String Run Way is located in the Fiddlers Creek subdivision. Search Fiddlers Creek real estate on theba.crye-leike.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Heating: Heat Pump
Home Style: Cabin, Log
Lot Size: 0.01 Acres

Amenities

Cathedral Ceiling(s)
Eat-in Kitchen

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
Association/Condo Fee: 190/Monthly
Exterior: Log, Block, Frame
Fireplace: Electric
HOA Y/N: Yes
Lot: Zero Lot Line
Parcel #: 094 12400 022
Parking: Off-Street Parking, Main Level
Security Features: Smoke Detector
Sewer: Public Sewer
Special View Info: Wooded, Seasonal Moun
SQFT Total: 2567
View: Wooded, Seasonal Mountain
Water: Public
Wooded: Yes

Listed By / Shown By

Listed By

Agency Name: Prime Mountain Properties

Shown By

Agent Name: Theba Hamilton
Agent Phone: (423) 240-8540
Agency Title: Crye-Leike Real Estate Services

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Source: East Tennessee REALTORS

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Estimated Payment

$ 2,512.20 per month $2,221.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $291.08 Homeowner's Insurance

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