826 String Run Way
826 String Run Way, Pigeon Forge, TN 37863
$988,000
MLS# 311565
Listing courtesy of Prime Mountain Properties · The Maloney Team
1 / 47About this property
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.
Subdivision: Fiddlers Creek Pud
MLS #311565 · Great Smoky Mountains Association of REALTORS®
Property facts
- Status
- Active
- Property type
- Cabin
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 2,567 sq ft
- Lot size
- 0.01 acres
- Year built
- 2,023
- County
- Sevier
- Price / sq ft
- $385/sq ft
- Days on market
- 109
- MLS number
- 311565
- Listing office
- Prime Mountain Properties
Features
- Breakfast Bar
- Cathedral Ceiling(s)
- Ceiling Fan(s)
- Eat-in Kitchen
- Granite Counters
- High Speed Internet
- Kitchen/Dining Combo
- Rain Gutters
- Mountain(s)
- Hot Tub
- Electric
- Circular Driveway
- Driveway
Location
826 String Run Way, Pigeon Forge, TN, 37863
Listing data courtesy of Great Smoky Mountains Association of REALTORS®
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