2680 High Valley Drive
Pigeon Forge, TN 37863
- 9 beds
- 8 baths
- 4,344 sqft
- ~2 acre lot
- $310 per sqft
- 1965 build
- – on site
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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. See youtube for video by typing the address
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Last updated Apr 6, 2025
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MLS# 1291398 —
The Building
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Year Built:1965
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New Construction:No
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Construction Materials:Brick, Frame, Other
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Architectural Style:Traditional
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Direction Faces:None
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Roof:None
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Stories:None
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Stories Total:None
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Basement:Crawl Space
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Basement:false
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Patio And Porch Features:Patio
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Security Features:Smoke Detector
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Accessibility Features:None
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Building Area Total:4344.0
Interior
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Interior Features:Island in Kitchen, Breakfast Bar, Eat-in Kitchen
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Levels:None
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Flooring:Hardwood
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Fireplace:false
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Fireplace Features:Brick, Other
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Listing Terms:Other, Cash, Conventional
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Possession:None
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Lease Term:None
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Tenant Pays:None
Location
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Directions: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.
The Property
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Parcel Number:094 011.00
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Property Type:Single Family
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Property Subtype:Single Family Residence
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Lot Features:Irregular Lot, Level, Rolling Slope
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Lot Size Area:0.35
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Lot Size Acres:0.35
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Lot Size SqFt:86684.0
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Lot Size Units:Acres
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Lot Size Source:Tax Records
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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Fencing:Fence - Wood, Fence - Privacy
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Waterfront:No
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Water Body Name:None
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Road Frontage Type:None
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Other Structures:Guest House
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Property Attached:false
Listing Agent
- Contact info:
- Office phone:
- (865) 444-2400
Taxes
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Tax Annual Amount:1448.6
Beds
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Bedrooms Total:9
Baths
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Total Baths:6.5
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Total Baths:8
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Three Quarter Baths:None
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Full Baths:5
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Half Baths:3
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Partial Baths:None
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Quarter Baths:None
The Listing
Heating & Cooling
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Heating:Central, Natural Gas, Electric
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Heating:true
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Cooling:Central Cooling
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Cooling:true
Utilities
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Electric:None
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
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Microwave:true
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Dishwasher:true
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Refrigerator:true
Schools
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Elementary School:Pigeon Forge
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Elementary School District:None
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Middle Or Junior School:Pigeon Forge
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Middle Or Junior School District:None
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High School:Pigeon Forge
The Community
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Subdivision Name:High Valley
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Park Name:None
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Senior Community:No
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Pool Private:No
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Spa Features:None
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View:Mountain View, Country Setting
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Pets Allowed:None
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Association:No
Parking
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Attached Garage:false
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Garage Spaces:1.0
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Parking Features:Off-Street Parking, Main Level
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Parking Total:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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4/3/25
Apr 3, 2025
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Sold | KAARMLS | $1,350,000 | |
3/5/25
Mar 5, 2025
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Pending | KAARMLS | $1,350,000 | |
2/27/25
Feb 27, 2025
|
Listed / Active | KAARMLS | $1,350,000 | 80.0% (23.8% / YR) |