2036 Ridge Rd Unit 2, Pigeon Forge, TN 37863
- $304,998
- 1
- BD
- 1
- BA
- 480
- SqFt
- List Price
- $304,998
- MLS#
- 1335525
- Status
- ACTIVE
- Type
- Single Family Residential
- City
- Pigeon Forge
- County
- Sevier
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 480
- Year Built
- 1993
- Subdivision
- Honeymoon Gardens Pud
Property Description
Location, location, location! Just minutes from the main strip in Pigeon Forge, this Smoky Mountain retreat on Ridge Road offers exceptional proximity to attractions, dining, shopping, and entertainment while maintaining a private, wooded setting. The property features a charming 480 square foot honeymoon cabin currently operating as a short-term rental with an established rental history. The cabin offers rustic mountain character, a cozy gas fireplace, and recent updates completed within the past year that enhance comfort and guest appeal. Averaging approximately $42,000 in gross annual rental income, the estimated net operating income supports an approximate 6.9% cap rate at the current list price. Income figures are provided for informational purposes only and should be independently verified by buyers. An excellent opportunity for investors, second-home buyers, or those seeking a turnkey STR just minutes from the heart of Pigeon Forge.
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Additional Information
- Acres
- 0.01
- HOA Frequency
- Yearly
- Appliances
- Microwave, Range, Refrigerator
- Construction
- Log
- Cooling
- Central Air
- Fireplace
- Yes
- Floors
- Luxury Vinyl Plank
- Garage
- Off Street, Assigned
- Living Area
- 480
- Lot Description
- Wooded
- Style
- Cabin
- View
- Wooded
- Year Built
- 1993
Mortgage Calculator
Agent: Michael Oxford |
Office: MG Rise Real Estate Group |