Movoto Real Estate
Sold on 04/20/2026
  • Other
  • Exterior
  • View/Area
  • Living
  • Dining
  • Kitchen
  • Bedroom
  • Bath
  • Entry Way

1663 Falls Way, Pigeon Forge, TN 37863

  • $555,000

    Last sold 04/20/2026 after 65 Days

  • 2

    bed

  • 3

    bath

  • 1,750

    Sqft ($317/Sqft)

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About 1663 Falls Way

Property type House
Neighborhood
Year built 2020
HOA fee $180/month
Movoto estimate
Rental estimate
Property description
Turn-key and income producing, this modern 2 bedroom, 2.5 bath ensuite cabin in Bear Cove Falls Resort is perfectly positioned in the heart of Pigeon Forge just 1 mile to the Parkway and 2 miles to Dollywood with easy, no steep road access. Built in 2020 and offering approximately 1,750 sq ft, this property holds 59 Airbnb reviews averaging 4.93 stars, Guest Favorite with Top 5% status, 30 days of owner usage during peak season, and already has $26,000 on the books for 2026 reflecting strong demand with clear revenue upside. Its central location consistently draws guests for local attractions, family vacations, and major events, including gymnastics tournaments throughout Pigeon Forge and Sevierville. Inside, the open concept layout features a spacious living area, stainless steel appliances, granite countertops, and an entertainment focused design with Skee Ball, a driving arcade game, and Atari 50 on the main level, plus a game loft with Pac-Man Plus and Wheel of Fortune. Two generously sized bedrooms each offer private ensuite bathrooms, comfortably sleeping up to 8 guests. Outdoor and resort-style amenities include a private hot tub, cornhole, board games, play tent, seasonal pool access (May-September), and walkable convenience to a neighborhood pizza shop and market making this a rare blend of modern construction, prime location, and proven STR performance with immediate income potential.
Listed by
Listing Agent - Madeline Blom
Listing Office - Real Broker
Source: Great Smoky Mountains Association of REALTORS® mls logo
MLS#310194 • last updated 2 months ago
Movoto checked Great Smoky Mountains Association of REALTORS® for data 21 minutes ago
Overview
Cooling/AC Central Air, Electric
Heating Central, Electric
Levels/Style Two, Cabin
SubType Cabin
SqFt 1750
Status Closed
MLS # 310194
Property Tax 2858.04
HOA Fee Monthly, 180
Year Built 2020
HOA All Pro Property Management
Interior
Total # of Bathrooms 3
# of Full Baths 2
# of Half Baths 1
Total # of Bedrooms 2
Laundry Laundry Closet
Flooring Luxury Vinyl
Fireplace Electric
Interior Features Ceiling Fan(s), Granite Counters, Kitchen Island, Living/Dining Combo, Walk-In Shower(s)
Appliances Dishwasher, Dryer, Electric Cooktop, Microwave, Microwave Range Hood Combo, Refrigerator, Self Cleaning Oven, Washer
Exterior
Roof Composition
Parking Asphalt
Exterior Features Rain Gutters
Patio/Porch Covered, Deck
Lot Features City Lot, Level, Views
Fencing None
Amenities / Utilities
Water Source Public
Pool Community, Hot Tub
Security Features Smoke Detector(s)
HOA Amenities Maintenance Grounds, Pool
Location
Subdivision Bear Cove Falls
APN 95 23.01
Directions Take Middle Creek Rd. And Make A Left On Veterans Blvd. Then Make A Right On Dollywood Lane And A Left On Falls Way. The Property Is On Your Left.
Lot/ Land Details
Current Use Investment, Residential
Road Frontage City Street
Road Surface Paved
$567K
Range: $510K-$624K
Last 30 days 
Rental est.: $3,429/month
Gross rent multiplier: 13.5
  • Apr 2026
    mls logo MLS # 310194
  • Apr 21, 2026 Sold
    $555,000 (-7.5%)
  • Apr 1, 2026 Pending
  • Mar 25, 2026 Price Change
    $599,900 (-2.4%)
  • Mar 18, 2026 Price Change
    $614,900 (-1.6%)
  • Feb 14, 2026 Listed
    $624,900
  • Jan 2024
    mls logo MLS # 1243788
  • Jan 30, 2024 Sold
    $625,000 (-7.4%)
  • Jan 10, 2024 Pending - Continue To Show - Financing
  • Dec 7, 2023 Price Change
    $675,000 (-3.6%)
  • Oct 24, 2023 Listed
    $699,900 (-4.8%)
  • Jun 2023
    mls logo MLS # 1373624
  • Jun 29, 2023 Price Change
    $734,900 (-2.0%)
  • May 17, 2023 Listed
    $749,900
  • 1663 Falls Way
    $555K
  • Pigeon Forge
  • 37863
    $565K -1% y/y
  • Pigeon Forge
    $599K 0% y/y
No chart available
Statistics calculated by Movoto

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