706 Falcons Nest Way
Pigeon Forge, TN, 37863 $ 430,000
Bedrooms2 Baths2.0 Sq 960 Monthly Estimate*
$ 2,648
for $430,000 with 2 bedrooms and 2 full baths. This 960 square foot home was built in 1995 on a lot size of 0.03.
Back on market—buyer's financing fell through, no fault of seller or property. Turn-Key Creekfront Cabin in Prime Pigeon Forge Location | All One Level | 2 Bath | Easily Converts to 2BR | Strong Rental Income Don't miss this rare opportunity to own a beautifully updated, income-producing cabin in the highly sought-after Eagles Ridge Resort—just minutes from the Parkway, Dollywood, The Island, and the Great Smoky Mountains National Park. Currently operating as a 1-bedroom, 2-bath with a dedicated game room, this cabin features a flexible layout that can easily convert to a full 2-bedroom by removing the pool table—increasing guest capacity and revenue potential. Enjoy a spacious, well-designed floor plan with hardwood floors, a cozy gas fireplace, and a fully equipped kitchen. The cabin features a large front deck overlooking a peaceful creek, plus a screened-in back deck with hot tub, grill, and a private wooded setting—ideal for relaxing or entertaining. This property is connected to city utilities, offering dependable service, low monthly costs, and minimal maintenance—a major advantage over cabins on well and septic systems. Located within walking distance to the seasonal pool and clubhouse, and just minutes from major event venues like The LeConte Center and The Ripken Experience, this property sits in a prime location for consistent, year-round bookings in one of Pigeon Forge's strongest rental corridors. Highlights: All one-level layout—ideal for families and easy guest access Creekfront setting with front and back outdoor living spaces Hot tub, grill, and game room for high guest appeal City utilities for low-maintenance ownership Minutes to major attractions and event venues Established rental history and repeat guest base Flexible layout easily converts to 2-bedroom With numerous recent updates (see attached list), an established guest base, and a proven rental history, 706 Falcons Nest is a turn-key investment opportunity in one of the Smokies' most profitable short-term rental markets.
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FeaturesInteriorInterior Amenities Cathedral Ceiling(s) Ceiling Fan(s) Eat-in Kitchen High Speed Internet Kitchen/Dining Combo
Furnished Y/N Furnished
Total Fireplaces 1
Fireplace Features Gas Log
Total Stories 1
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 960.0
Half Baths 0
Laundry Features In Unit Laundry Closet
Total Bedrooms 2
Below Grade Finished Area 0.0
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 2
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GeneralSewer Public Sewer
Utilities Cable Connected Electricity Connected High Speed Internet Connected Internet Connected Natural Gas Connected
Possession Close Of Escrow
Appliances Dishwasher Disposal Dryer Electric Range Microwave Refrigerator Self Cleaning Oven Washer
Zoning R2
HOA Fee 126.0
Garage Spaces 0.0
Architectural Style Cabin Log
Construction Materials Log
Year Built 1995
View Other
Levels One
Property Subtype Cabin
Tax Year 2024
Current Use Investment
Waterfront Features Creek Stream
Assoc Fee Paid Per Quarterly
County Sevier
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name Eagles Ridge Resort
Garage Y/N N
Total Rooms 0
Full Baths 2
Status Active
Directions From the Parkway turn on to Sharon Drive left onto Loraine st left on Kings Hills Blvd another left on Kings Hill follow around to resort. Left on Peregrine left on Falcons Nest Way. Cabin will be on
City Pigeon Forge
Disclosures Seller Disclosure
Association Name Eagles Ridge Association
Open Parking Spaces 3.0
MLS Area Pigeon Forge
Lot Size Units Acres
Lot Size Square Feet 1224.04
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1547.15
Home Warranty Y/N N
Property Condition Updated/Remodeled
MLS Area Minor Pigeon Forge
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 37
Senior Community None
Occupancy Either
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ExteriorExterior Amenities Gas Grill
Parking Features Asphalt Detached Off Street
Lot Features Close to Clubhouse Cul-De-Sac Views
Water Source Public
Lot Size Area 0.03
Spa N
Building Area Total 960.0
Lot Size Acres 0.03
Road Surface Type Paved
Waterfront Y/N Y
Horse Y/N N
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* Excluded FeaturesList BySummit Real Estate,LlcBroker
susan@summitrealestate.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,648
- Monthly Property Taxes
- $129
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Pigeon Forge, TN
Average List Price $818,699
Percent of Sale Price 90%
About Pigeon Forge, TN 6,801 Population
24% Since 2002
$ 36,866 Median Income
40.35 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
2009826 Elementary School
2009827 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/14/2025 | $430,000 | -2.27% | Price Down |
| 8/13/2025 | $440,000 | -4.35% | Price Down |
| 7/23/2025 | $460,000 | | Listed Price |