$305,998
FOR SALE2036 Ridge Rd 2, Pigeon Forge, TN 37863
Pigeon Forge, Tn, 37863
MLS #1316690
Subdivision: Honeymoon Gardens PUD
Building: 2036 Ridge Rd
1 Beds
1/- Baths
- sqft
$ - /sqft
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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Listing Courtesy of: MG Rise Real Estate Group
