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$2,600,000

2661 Valley Heights Dr Pigeon Forge, TN 37863

18 beds
16 full
9,792 sqft
1.3 acres
$266 / sqft
Multi-Family

Property details

About 2661 Valley Heights Dr

Turnkey Multi-Family STR Investment - 6 Furnished Units in Pigeon Forge! Incredible investment opportunity just off the Parkway in the heart of Pigeon Forge! This updated multi-family property features six individual units, all currently operating as successful short-term rentals with strong rental history. Each unit is fully furnished and includes a private hot tub, in-unit laundry, and basement recreation area. The property includes: Unit 1: 3 Bedrooms, 3 Bathrooms Unit 2: 3 Bedrooms, 3 Bathrooms Unit 3: 3 Bedrooms, 2 Bathrooms Unit 4: 3 Bedrooms, 3 Bathrooms Unit 5: 3 Bedrooms, 2 Bathrooms Unit 6: 3 Bedrooms, 3 Bathrooms With strong rental performance, high guest satisfaction, and unbeatable convenience just minutes from Dollywood, The Island, and other top attractions, this is a rare chance to own multiple well-performing short-term rental asset in the Smoky Mountains.

Highlights

Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Size9,792 sqft
Lot size1.33 Acres
Year built2001
MLS #307499

Summary

  • Full Bathrooms: 16
  • Flooring Type: Carpet, Vinyl
  • Total Bedroom Count: 18
  • Heating: Central
  • Cooling: Central Air
  • List Price: $2,600,000
  • Price/SqFt: $265
  • Lot: Wooded
  • Directions: To get to 2661 Valley Heights Drive in Pigeon Forge, TN, begin by taking US-441 (Parkway) toward Pigeon Forge. Once youre in the heart of Pigeon Forge, turn onto Wears Valley Road (US-321). Drive approximately 1.5 miles, then turn left onto Valley Heights Drive, just past the traffic light at Waldens Creek Road. Continue straight along Valley Heights Drive as it winds uphill. Look for the signposts and building numbers--2661 will be on your right, part of a set of multi-unit buildings nestled along the ridge. Parking is typically available on-site.
  • Year Built: 2001
  • Stories: 3
  • Living Area: 9,792 SqFt
  • Lot Size: 1.33 Acres
  • MLS Number: 307499
  • MLS Name: GreatSmokyMountains
  • Office Name: Homecoin.com
  • Office Phone: (888) 400-2513

Copyright Great Smoky Mountains Association of REALTORS ® & MLS. All rights reserved. Information is deemed reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 1:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 21, 2021
Home Sold
$666,666
Apr 21, 2021
Home Sold
$333,333
Jan 02, 2020
Home Sold
$575,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

3

Pigeon Forge Primary School

Public District PK-3

2.9 mi

1766 Waldens Creek Rd

2

Sevierville Intermediate School

Public District 3-5

4.5 mi

416 High St

5

Catons Chapel Elementary School

Public District PK-6

7.1 mi

3135 Catons Chapel Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,148. Typical income of Pigeon Forge, TN residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
38%
35k-100k
14%
100k-200k
6%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • HuntingHunting
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • DodgeDodge

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2661 Valley Heights Dr

The listing price of 2661 Valley Heights Dr property is $2,600,000.

The property 2661 Valley Heights Dr is a multi located in Pigeon Forge, Tennessee, 37863.

Active Listing: 2661 Valley Heights Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2661 Valley Heights Dr are: Pigeon Forge Primary School (GreatSchools Rating 3/10), Sevierville Intermediate School (GreatSchools Rating 2/10), Catons Chapel Elementary School (GreatSchools Rating 5/10), Pigeon Forge Junior High School (GreatSchools Rating 4/10), Pigeon Forge Intermediate School (GreatSchools Rating 4/10), Sevierville Middle School (GreatSchools Rating 3/10), Pigeon Forge High School (GreatSchools Rating 5/10), Sevier County High School (GreatSchools Rating 5/10), Gatlinburg Pittman High School (GreatSchools Rating 7/10).

The last sale was on April 21, 2021 for $666,666 (source: MLS/tax record).

The property 2661 Valley Heights Dr is 9,792 SqFt (source: MLS/tax record).

The year of construction for 2661 Valley Heights Dr is 2001.

This home is located at 2661 Valley Heights Dr in Pigeon Forge, TN and zip code 37863. This 9,792 square foot home, which was built in 2001, sits on a 1.33 acre lot. Features: 18 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $2,600,000.

Over 0 listings were sold over their listed price in June 2025 in Pigeon Forge, TN. In the same period over 21 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Pigeon Forge, TN increased by 7.1% between May and June 2025. In June 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $540,500.

From Rocket Homes Real Estate and based on county public records data.

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