Real Estate Investment Properties for Sale in Pigeon Forge, TN

Looking for investment property in Pigeon Forge, TN with high ROI ?

Explore a variety of short-term homes & houses in Pigeon Forge, TN. Invest wisely with VRBO & Pigeon Forge, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Pigeon Forge, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
223 Sharon Drive Pigeon Forge, TN Prime Commercial Land \| C-2 Zoning \| Just Off the Parkway Located minutes from the Parkway...	4 beds \| 4 baths \| 3,388 sq.ft.	$1,499,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 1.22% Airbnb Rental Income: $2138 Traditional Rental Income: $3331 Airbnb ROI: -0.03% Traditional ROI: 1.22%
644 Monte Wood Circle Pigeon Forge, TN Make this family home yours and enjoy being only a mile away from the Parkway on a quiet r...	4 beds \| 3 baths \| 2,604 sq.ft.	$464,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 4.83% Airbnb Rental Income: $2138 Traditional Rental Income: $2697 Airbnb ROI: 2.29% Traditional ROI: 4.83%
2655 High Valley Drive #2 Pigeon Forge, TN Superior location in the heart of Pigeon Forge where you can actually walk to the Parkway,...	4 beds \| 4 baths \| 2,270 sq.ft.	$429,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.49% Airbnb Rental Income: $2138 Traditional Rental Income: $2715 Airbnb ROI: 1.71% Traditional ROI: 4.49%
4388 Carolina Cove Way Pigeon Forge, TN Breathtaking Smoky Mountain Retreat - 2BR/2BA + Loft Cabin with Unmatched Views..... Don't...	2 beds \| 2 baths \| 1,540 sq.ft.	$565,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.85% Airbnb Rental Income: $1209 Traditional Rental Income: $1801 Airbnb ROI: -0.01% Traditional ROI: 1.85%
326 Big Bear Way Pigeon Forge, TN Welcome to Big Bear Way, just minutes from all the major attractions and the parkway! This...	3 beds \| 3 baths \| 1,728 sq.ft.	$545,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.08% Airbnb Rental Income: $1311 Traditional Rental Income: $1765 Airbnb ROI: -0.61% Traditional ROI: 1.08%
713 Harrier Court Way Pigeon Forge, TN Tucked into a wooded setting in well-established Eagles Ridge Resort subdivision, this 2-b...	2 beds \| 2 baths \| 1,208 sq.ft.	$509,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.81% Airbnb Rental Income: $1209 Traditional Rental Income: $1626 Airbnb ROI: 0.11% Traditional ROI: 1.81%
3523 Brook Stone Way Pigeon Forge, TN Tucked inside the desirable Brookstone Village community just three minutes from the Parkw...	3 beds \| 3 baths \| 2,432 sq.ft.	$619,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.23% Airbnb Rental Income: $1311 Traditional Rental Income: $2387 Airbnb ROI: -0.33% Traditional ROI: 2.23%
829 Boone Acres Lane Pigeon Forge, TN This is an expansive, fully furnished, investment cabin! Perfectly located just off the Sp...	2 beds \| 4 baths \| 3,110 sq.ft.	$640,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.54% Airbnb Rental Income: $1209 Traditional Rental Income: $3058 Airbnb ROI: -0.21% Traditional ROI: 3.54%
550 Sassafras Trail Pigeon Forge, TN This renovated cabin is a consistent performer in the rental market and has been remodeled...	2 beds \| 2 baths \| 1,568 sq.ft.	$730,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.2% Airbnb Rental Income: $1209 Traditional Rental Income: $1771 Airbnb ROI: -0.2% Traditional ROI: 1.2%
645 Chickasaw Gap Way Pigeon Forge, TN This beautifully updated 1-bedroom, 2-bath cabin in the Arrowhead Resort of Pigeon Forge p...	1 beds \| 2 baths \| 1,152 sq.ft.	$422,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.84% Airbnb Rental Income: $1123 Traditional Rental Income: $1520 Airbnb ROI: -0.11% Traditional ROI: 1.84%
3282 Emerald Springs Loop Pigeon Forge, TN Turnkey Smoky Mountain Cabin with STR Income Potential + Additional Lot Included! Welcome ...	3 beds \| 4 baths \| 1,604 sq.ft.	$574,900	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.06% Airbnb Rental Income: $1311 Traditional Rental Income: $2021 Airbnb ROI: -0.02% Traditional ROI: 2.06%
4408 Forest Vista Way Pigeon Forge, TN Escape to your own Smoky Mountain retreat! Nestled inside the gated Sherwood Forest Resort...	2 beds \| 2 baths \| 1,248 sq.ft.	$549,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.34% Airbnb Rental Income: $1209 Traditional Rental Income: $1642 Airbnb ROI: -0.26% Traditional ROI: 1.34%
921 McMakin Way Pigeon Forge, TN Location is EVERYTHING! This 3 bedroom, 2 bath well maintained overnight rental is as clos...	3 beds \| 2 baths \| 1,800 sq.ft.	$900,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.46% Airbnb Rental Income: $1311 Traditional Rental Income: $1739 Airbnb ROI: -0.53% Traditional ROI: 0.46%
375 Sugar Mountain Way Pigeon Forge, TN Welcome to 375 Sugar Mountain Way--just minutes to the main Parkway in Pigeon Forge and on...	2 beds \| 2 baths \| 1,250 sq.ft.	$535,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 1.68% Airbnb Rental Income: $1209 Traditional Rental Income: $1536 Airbnb ROI: 0.24% Traditional ROI: 1.68%
2802 Seth Road Pigeon Forge, TN SPRING INTO YOUR NEW HOME! Your Creekside Retreat in the Heart of Pigeon Forge This lovely...	3 beds \| 2 baths \| 1,728 sq.ft.	$449,900	Airbnb cash on cash: 0.74% Traditional cash on cash: 3.59% Airbnb Rental Income: $1311 Traditional Rental Income: $2106 Airbnb ROI: 0.74% Traditional ROI: 3.59%
410 Big Bear Way #3004 Pigeon Forge, TN Beautifully maintained 2 KING BEDROOM condo offering STUNNING BLUFF MOUNTAIN VIEWS in a pr...	2 beds \| 2 baths \| 1,136 sq.ft.	$439,900	Airbnb cash on cash: -0.74% Traditional cash on cash: 1.1% Airbnb Rental Income: $1209 Traditional Rental Income: $1574 Airbnb ROI: -0.74% Traditional ROI: 1.1%
2006 Slippery Rock Circle Pigeon Forge, TN $75,000 income projection with strong rental history and a near perfect 4.98 rating on Air...	2 beds \| 2 baths \| 986 sq.ft.	$459,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 1.57% Airbnb Rental Income: $1209 Traditional Rental Income: $1340 Airbnb ROI: 0.36% Traditional ROI: 1.57%
240 Meadowbrook Drive Pigeon Forge, TN AFFORDABLE Smoky Mountain Home Only a few blocks off the Parkway in the HEART of all the A...	3 beds \| 1 baths \| 962 sq.ft.	$265,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 3.47% Airbnb Rental Income: $1311 Traditional Rental Income: $1246 Airbnb ROI: 2.1% Traditional ROI: 3.47%
537 Orchard Valley Way Pigeon Forge, TN Motivated Seller! Discover your perfect Smoky Mountain getaway in this charming 2BR/1.5BA ...	2 beds \| 2 baths \| 1,076 sq.ft.	$349,999	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.29% Airbnb Rental Income: $1209 Traditional Rental Income: $1488 Airbnb ROI: 0.25% Traditional ROI: 2.29%
351 Woodridge Way Pigeon Forge, TN STOP! Call the listing agent to get priority access, built-in buyer savings, and exclusive...	2 beds \| 2 baths \| 1,404 sq.ft.	$449,990	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.7% Airbnb Rental Income: $1209 Traditional Rental Income: $1774 Airbnb ROI: 0.43% Traditional ROI: 2.7%
722 Nighthawk Way Pigeon Forge, TN 2025 GROSS RENTAL INCOME @ 61,608.94 ! ! ! FIRST TIME CABIN OWNERS made 61k+ in their FIRS...	2 beds \| 2 baths \| 1,250 sq.ft.	$555,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.47% Airbnb Rental Income: $1209 Traditional Rental Income: $1564 Airbnb ROI: 0.03% Traditional ROI: 1.47%
124 Plaza Drive unit: 5207 Pigeon Forge, TN Beautiful fully furnished three-bedroom, two-bath condo located in the Mountain View commu...	3 beds \| 2 baths \| 1,371 sq.ft.	$499,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.38% Airbnb Rental Income: $1311 Traditional Rental Income: $1737 Airbnb ROI: -0.41% Traditional ROI: 1.38%
336 Big Bear Way Pigeon Forge, TN Check out this ADORABLE cabin less than 1/2 mile to Wears Valley Road and the MAIN PARKWAY...	2 beds \| 2 baths \| 1,152 sq.ft.	$529,999	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.7% Airbnb Rental Income: $1209 Traditional Rental Income: $1593 Airbnb ROI: 0.14% Traditional ROI: 1.7%
335 Greenwood Way Pigeon Forge, TN BRING US A CONTRACT ON THIS ROMANTIC END OF THE CULDESAC LOG CABIN GET-AWAY and SHORT TERM...	1 beds \| 1 baths \| 700 sq.ft.	$375,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.18% Airbnb Rental Income: $1123 Traditional Rental Income: $1144 Airbnb ROI: 0.05% Traditional ROI: 1.18%
124 Plaza Drive #5106 Pigeon Forge, TN Prime Location - Ground-Level Convenience - Walk to It All Welcome to your perfect Smoky M...	2 beds \| 2 baths \| 1,036 sq.ft.	$385,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.02% Airbnb Rental Income: $1209 Traditional Rental Income: $1626 Airbnb ROI: 0.78% Traditional ROI: 3.02%
633 Chickasaw Gap Way Pigeon Forge, TN Underperforming cabin in a high-demand Smoky Mountain location with significant revenue up...	2 beds \| 2 baths \| 1,178 sq.ft.	$495,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.5% Airbnb Rental Income: $1209 Traditional Rental Income: $1585 Airbnb ROI: -0.16% Traditional ROI: 1.5%
827 Mill Creek Rd Pigeon Forge, TN An incredible investment opportunity or private retreat awaits two fully furnished homes i...	4 beds \| 3 baths \| 2,033 sq.ft.	$750,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 1.6% Airbnb Rental Income: $2138 Traditional Rental Income: $2067 Airbnb ROI: 0.92% Traditional ROI: 1.6%
4827 Highland Place Way Pigeon Forge, TN Rental Projection of $120,000! This gorgeous mountainside indoor pool cabin checks every b...	3 beds \| 3 baths \| 3,158 sq.ft.	$999,999	Airbnb cash on cash: -0.66% Traditional cash on cash: 1.32% Airbnb Rental Income: $1311 Traditional Rental Income: $2744 Airbnb ROI: -0.66% Traditional ROI: 1.32%
212 Dollywood Lane #164 Pigeon Forge, TN Top-floor 2BR/2BA condo in highly desirable RiverStone Resort overlooking the golf course....	2 beds \| 2 baths \| 1,364 sq.ft.	$629,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 1.37% Airbnb Rental Income: $1209 Traditional Rental Income: $1695 Airbnb ROI: -0.12% Traditional ROI: 1.37%
4320 Carolina Cove Way Pigeon Forge, TN STOP! Call the listing agent to get priority access, built-in buyer savings, and exclusive...	2 beds \| 2 baths \| 896 sq.ft.	$469,999	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.64% Airbnb Rental Income: $1209 Traditional Rental Income: $1359 Airbnb ROI: 0.41% Traditional ROI: 1.64%
620 Chickasaw Gap Way Pigeon Forge, TN Beautiful cabin in the HEART of Pigeon Forge! This cabin features 5 bedroom suites, each w...	5 beds \| 5 baths \| 2,808 sq.ft.	$950,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.77% Airbnb Rental Income: $2379 Traditional Rental Income: $3957 Airbnb ROI: 0.32% Traditional ROI: 2.77%
935 McMakin Way Pigeon Forge, TN LOCATION LOCATION LOCATION! This ADA friendly, all one level cabin has NO STEPS and wider ...	2 beds \| 2 baths \| 1,152 sq.ft.	$575,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 0.99% Airbnb Rental Income: $1209 Traditional Rental Income: $1603 Airbnb ROI: -0.47% Traditional ROI: 0.99%
503 Dollywood Lane #161 Pigeon Forge, TN PRIME PIGEON FORGE LOCATION! Just minutes from Dollywood, Restaurants, Area Attractions an...	2 beds \| 2 baths \| 1,366 sq.ft.	$389,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 2.66% Airbnb Rental Income: $1209 Traditional Rental Income: $1853 Airbnb ROI: -0.17% Traditional ROI: 2.66%
3229 White Falcon Way Pigeon Forge, TN Set against the scenic backdrop of Pigeon Forge, this fully furnished 2 bedroom, 2 bath ca...	2 beds \| 2 baths \| 1,536 sq.ft.	$479,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.11% Airbnb Rental Income: $1209 Traditional Rental Income: $1807 Airbnb ROI: -0.09% Traditional ROI: 2.11%
841 Golf View Blvd Pigeon Forge, TN Beautiful 3-bedroom 2-bathroom unit in a cabin style duplex in the heart of Pigeon Forge. ...	3 beds \| 3 baths \| 1,829 sq.ft.	$625,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 0.91% Airbnb Rental Income: $1311 Traditional Rental Income: $2003 Airbnb ROI: -0.98% Traditional ROI: 0.91%
4314 Carolina Cove Way Pigeon Forge, TN True Canadian Logs - Private Outdoor Pool - Smoky Mountain retreat - $245,000 Gross Revenu...	5 beds \| 5 baths \| 3,051 sq.ft.	$2,589,000	Airbnb cash on cash: -0.47% Traditional cash on cash: -0.37% Airbnb Rental Income: $2379 Traditional Rental Income: $2024 Airbnb ROI: -0.47% Traditional ROI: -0.37%
2010 Bear Creek Way Pigeon Forge, TN Escape to the heart of the Great Smoky Mountains with ''5 Little Cubs,'' a cozy 2-bedroom,...	2 beds \| 2 baths \| 1,716 sq.ft.	$664,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.73% Airbnb Rental Income: $1209 Traditional Rental Income: $1680 Airbnb ROI: -0.66% Traditional ROI: 0.73%
817 Boone Acres Lane Pigeon Forge, TN INVESTOR'S DREAM! Turn-key Short-term Rental with Fresh Upgrades!! This beautifully upgrad...	3 beds \| 3 baths \| 3,150 sq.ft.	$775,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 1.72% Airbnb Rental Income: $1311 Traditional Rental Income: $2369 Airbnb ROI: -0.31% Traditional ROI: 1.72%
3206 Falling Leaf Way Pigeon Forge, TN Custom 4BR/4BA Luxury Cabin in Alpine Mountain Village - 3,194 Sq Ft, Theater, Game Room, ...	4 beds \| 4 baths \| 3,194 sq.ft.	$1,189,900	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.17% Airbnb Rental Income: $2138 Traditional Rental Income: $3051 Airbnb ROI: -0.15% Traditional ROI: 1.17%

Real Estate investment in Pigeon-forge, TN

There are 255 properties for sale in the city of Pigeon Forge . The median list price in Pigeon Forge is $555,000 and the average price per square foot is $302. In May 2026, the average monthly cash on cash return in Pigeon Forge is 2.00%. The average monthly rental income in Pigeon Forge is $1,942.

Pigeon-forge, TN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 255 investment properties available for sale in Pigeon-forge.

In 2026, the best neighborhood to buy investment property is Pigeon Forge.

The ROI for Short-Term is higher than the Long-Term in Pigeon-forge with average rental income of $1,260.

Your search for investment property begins and ends here

Investment Property for Sale in Pigeon Forge, TN

223 Sharon Drive

Pigeon Forge, TN

4 beds | 4 baths | 3,388 sq.ft.

$1,499,900

Airbnb cash on cash: -0.03%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $2138

Traditional Rental Income: $3331

Airbnb ROI: -0.03%

Traditional ROI: 1.22%

644 Monte Wood Circle

Pigeon Forge, TN

4 beds | 3 baths | 2,604 sq.ft.

$464,900

Airbnb cash on cash: 2.29%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $2138

Traditional Rental Income: $2697

Airbnb ROI: 2.29%

Traditional ROI: 4.83%

2655 High Valley Drive #2

Pigeon Forge, TN

4 beds | 4 baths | 2,270 sq.ft.

$429,900

Airbnb cash on cash: 1.71%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $2138

Traditional Rental Income: $2715

Airbnb ROI: 1.71%

Traditional ROI: 4.49%

4388 Carolina Cove Way

Pigeon Forge, TN

2 beds | 2 baths | 1,540 sq.ft.

$565,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 1.85%

Airbnb Rental Income: $1209

Traditional Rental Income: $1801

Airbnb ROI: -0.01%

Traditional ROI: 1.85%

326 Big Bear Way

Pigeon Forge, TN

3 beds | 3 baths | 1,728 sq.ft.

$545,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 1.08%

Airbnb Rental Income: $1311

Traditional Rental Income: $1765

Airbnb ROI: -0.61%

Traditional ROI: 1.08%

713 Harrier Court Way

Pigeon Forge, TN

2 beds | 2 baths | 1,208 sq.ft.

$509,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 1.81%

Airbnb Rental Income: $1209

Traditional Rental Income: $1626

Airbnb ROI: 0.11%

Traditional ROI: 1.81%

3523 Brook Stone Way

Pigeon Forge, TN

3 beds | 3 baths | 2,432 sq.ft.

$619,900

Airbnb cash on cash: -0.33%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $1311

Traditional Rental Income: $2387

Airbnb ROI: -0.33%

Traditional ROI: 2.23%

829 Boone Acres Lane

Pigeon Forge, TN

2 beds | 4 baths | 3,110 sq.ft.

$640,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1209

Traditional Rental Income: $3058

Airbnb ROI: -0.21%