2036 Ridge Rd #2 Pigeon Forge, TN 37863
1 Bed
1 Bath
480 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 480 sqft
Price per Sqft $625
Subdivision Honeymoon Gardens Pud
MLS Listing ID 1335525
Style Cabin
Bedrooms 1
Full Baths 1
Year Built 1993
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Property Description
The property features a charming 480-square-foot honeymoon cabin currently operating as a short-term rental with an established rental history. Inside, guests are welcomed by rustic mountain character, a cozy gas fireplace, and updates completed within the past year designed to enhance comfort and overall guest appeal.
The cabin generated approximately $36,000 in gross rental revenue last year. Using an estimated 30% operating-expense allowance, the property would produce an estimated $25,200 NOI, representing an approximate 8.4% cap rate at the $300,000 list price.
Whether you're looking to expand your short-term rental portfolio, purchase a Smoky Mountain getaway, or acquire an investment property close to the heart of Pigeon Forge, this cabin offers an attractive combination of location, rental history, and income potential.
Rental figures, expenses, NOI, and cap rate are estimates and are provided for informational purposes only. Buyers should independently verify all financial information and short-term rental requirements.
Location
State TN
County Sevier County - 27
Area 0.01
Rooms
Basement Crawl Space
Dining Room Eat-in Kitchen
Interior
Interior Features Eat-in Kitchen
Heating Heat Pump, Electric
Cooling Central Cooling
Fireplaces Number 1
Fireplaces Type Stone, Gas Log
Fireplace Yes
Appliance Microwave, Range, Refrigerator
Heat Source Heat Pump, Electric
Exterior
Exterior Feature Deck, Porch - Covered
Parking Features Off-Street Parking, Designated Parking
Garage Description Off-Street Parking, Designated Parking
View Wooded
Garage No
Building
Lot Description Wooded
Faces From Sevierville head south to Pigeon Forge, L at Jake Thomas Rd/Light #5 to R onto Teaster Lane, L on Ridge Rd, L at Honeymoon Gardens Sign, cabin on L, Lot #2
Sewer Public Sewer
Water Public
Architectural Style Cabin
Structure Type Log
Others
HOA Fee Include Other,Association Ins,Grounds Maintenance
Restrictions Yes
Tax ID 083E A 001.00
Energy Description Electric