2680 High Valley DR new

Pigeon Forge,TN 37863

$ 1350000

9 Beds

8 Baths

4344 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,344 sqft

Price per Sqft $310

Subdivision High Valley

MLS Listing ID 1291398

Style Traditional

Bedrooms 9

Full Baths 5

Half Baths 3

Originating Board East Tennessee REALTORS® MLS

Year Built 1965

Lot Size 0.350 Acres

Acres 0.35

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 County - 27

Area 0.35

Rooms

Family Room Yes

Other Rooms LaundryUtility, Bedroom Main Level, Extra Storage, Breakfast Room, Great Room, Family Room, Mstr Bedroom Main Level

Basement Crawl Space

Guest Accommodations Yes

Dining Room Breakfast Bar, Eat-in Kitchen

Interior

Interior Features Island in Kitchen,Breakfast Bar,Eat-in Kitchen

Heating Central,Natural Gas,Electric

Cooling Central Cooling

Flooring Hardwood

Fireplaces Type Brick,Other

Fireplace No

Appliance Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Heat Source Central,Natural Gas,Electric

Laundry true

Exterior

Exterior Feature Fence - Privacy, Fence - Wood, Patio

Parking Features Off-Street Parking,Main Level

Garage Spaces 1.0

Garage Description Main Level, Off-Street Parking

View Mountain View,Country Setting

Porch true

Total Parking Spaces 1

Garage Yes

Building

Lot Description Irregular Lot,Level,Rolling Slope

Faces 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.

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Guest House

Structure Type Brick,Frame,Other

Schools

Elementary Schools Pigeon Forge

Middle Schools Pigeon Forge

High Schools Pigeon Forge

Others

Restrictions Yes

Tax ID 094 011.00

Security Features Smoke Detector

Energy Description Electric, Gas(Natural)

Acceptable Financing Other,Cash,Conventional

Listing Terms Other,Cash,Conventional

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