#1303599, Listing office: TN Smoky Mtn Realty
$460,000 List price
706 Falcons Nest Way Pigeon Forge, TN 37863
2 beds
2 full
960 sqft
0.03 acres
$479 / sqft
House
Property details
About 706 Falcons Nest Way
Turn-Key Creekfront Cabin in Prime Pigeon Forge Location | All One Level | 2 Bath | Easily Converts to 2BR | Strong Rental IncomeDon't miss this rare opportunity to own a beautifully updated, income-producing cabin in the highly sought-after Eagles Ridge Resort--just minutes from the Parkway, Dollywood, The Island, and the Great Smoky Mountains National Park. Currently operating as a 1-bedroom, 2-bath with a dedicated game room, this cabin features a flexible layout that can easily convert to a full 2-bedroom by removing the pool table--increasing guest capacity and revenue potential.Enjoy a spacious, well-designed floor plan with hardwood floors, a cozy gas fireplace, and a fully equipped kitchen. The cabin features a large front deck overlooking a peaceful creek, plus a screened-in back deck with hot tub, grill, and a private wooded setting--ideal for relaxing or entertaining.This property is connected to city utilities, offering dependable service, low monthly costs, and minimal maintenance--a major advantage over cabins on well and septic systems.Located within walking distance to the seasonal pool and clubhouse, and just minutes from major event venues like The LeConte Center and The Ripken Experience, this property sits in a prime location for consistent, year-round bookings in one of Pigeon Forge's strongest rental corridors.Highlights:All one-level layout--ideal for families and easy guest accessCreekfront setting with front and back outdoor living spacesHot tub, grill, and game room for high guest appealCity utilities for low-maintenance ownershipMinutes to major attractions and event venuesEstablished rental history and repeat guest baseFlexible layout easily converts to 2-bedroomWith numerous recent updates (see attached list), an established guest base, and a proven rental history, 706 Falcons Nest is a turn-key investment opportunity in one of the Smokies' most profitable short-term rental markets.
Highlights
Home typeSingle Family Residence
StatusActive
CoolingCeiling Fan(s)
Size960 sqft
Lot size0.0281 Acres
Year built1995
ParkingOff Street, Detached
MLS #307522
WaterfrontCreek, Stream
FireplaceGas Log
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
- Interior: Cathedral Ceiling(s)
- Fireplace: Gas Log
- Total Bedroom Count: 2
- Parking: Off Street, Detached
- Waterfront: Creek, Stream
- Exterior: Gas Grill
- Architectural Style: Cabin, Log
- Cooling: Ceiling Fan(s)
- List Price: $460,000
- Price/SqFt: $479
- HOA Amount: $126 Quarterly
- Annual Tax Amount: $967
- Tax Year: 2023
- Lot: Cul-De-Sac, Waterfront
- Directions: From the Parkway turn on to Sharon Drive left onto Loraine st, left on Kings Hills Blvd, another left on Kings Hill follow around to resort. Left on Peregrine, left on Falcons Nest Way. Cabin will be on your right across bridge.
- Year Built: 1995
- Stories: 1
- Living Area: 960 SqFt
- Lot Size: 0.0281 Acres
- MLS Number: 307522
- MLS Name: GreatSmokyMountains
- Office Name: Summit Real Estate,LLC
- Office Phone: (865) 435-9983
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, 10:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $94,040 | $967 |
| 2022 | $58,775 | $967 |
| 2021 | $58,775 | $967 |
| 2020 | $58,775 | $967 |
| 2019 | $32,400 | $668 |
| 2018 | $32,400 | $668 |
| 2017 | $32,400 | $667 |
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
5.3 mi
•416 High St
4
Pi Beta Phi Elementary School
Public District PK-6
6.4 mi
•125 Cherokee Orchard Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
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. The majority of families are single, no kids. Typical level of education for residents 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 Trucks
Hunting
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Dollar General
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
Ram
Dodge
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 706 Falcons Nest Way
The listing price of 706 Falcons Nest Way property is $460,000.
The property 706 Falcons Nest Way is a house located in Pigeon Forge, Tennessee, 37863.
Active Listing: 706 Falcons Nest Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 706 Falcons Nest Way are: Pigeon Forge Primary School (GreatSchools Rating 3/10), Sevierville Intermediate School (GreatSchools Rating 2/10), Pi Beta Phi Elementary School (GreatSchools Rating 4/10), 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).
According to the records, the last property tax for 2023 is $967 (source: MLS/based on county public records data).
The property at 706 Falcons Nest Way has 2 bedrooms and 2 bathrooms.
The property 706 Falcons Nest Way is 960 SqFt (source: MLS/tax record).
The year of construction for 706 Falcons Nest Way is 1995.
This home is located at 706 Falcons Nest Way in Pigeon Forge, TN and zip code 37863. This 960 square foot home, which was built in 1995, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $460,000.
In June 2025 more than 0 listings in Pigeon Forge, TN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 21 were sold below. The number of listings in Pigeon Forge, TN increased by 7.1% between May and June 2025. In June 2025 median list price was $540,500 and the average listing age was 58 days.
From Rocket Homes Real Estate and based on county public records data.