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

Q: How many investment properties are available for sale in Pigeon-forge?

There are 200 investment properties available for sale in Pigeon-forge

Q: Which neighborhoods in Pigeon-forge to invest in 2025?

In 2025, the best neighborhood to buy investment property is Pigeon Forge

Q: Long-Term vs. Short-Term Rentals in Pigeon-forge,TN: Which will earn the best returns?

The ROI for Short-Term is higher than the Long-Term in Pigeon-forge with average rental income of $1,562

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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.	$499,900	Airbnb cash on cash: 1.88% Traditional cash on cash: 4.43% Airbnb Rental Income: $2038 Traditional Rental Income: $2697 Airbnb ROI: 1.88% Traditional ROI: 4.43%
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.	$584,990	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.76% Airbnb Rental Income: $1423 Traditional Rental Income: $1801 Airbnb ROI: 0.29% Traditional ROI: 1.76%
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.	$629,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 2.28% Airbnb Rental Income: $1562 Traditional Rental Income: $2387 Airbnb ROI: 0.11% Traditional ROI: 2.28%
2006 Bear Creek Way Pigeon Forge, TN Stunning 2BR/2BA Mountain-View Cabin \| Sleeps 8 \| Heart of Pigeon Forge! Escape to the Smo...	2 beds \| 2 baths \| 1,056 sq.ft.	$649,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 0.62% Airbnb Rental Income: $1423 Traditional Rental Income: $1425 Airbnb ROI: -0.09% Traditional ROI: 0.62%
4418 Forest Vista Way Pigeon Forge, TN This amazing 2-story log cabin offers every luxury! With 2 bedrooms 2 baths and a game lof...	2 beds \| 2 baths \| 1,400 sq.ft.	$505,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.3% Airbnb Rental Income: $1423 Traditional Rental Income: $1872 Airbnb ROI: 0.44% Traditional ROI: 2.3%
739 Golf View Boulevard Pigeon Forge, TN Experience the ultimate in mountain living at 739 Golf View BLVD. This newly updated 2-bed...	2 beds \| 2 baths \| 1,513 sq.ft.	$497,500	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.96% Airbnb Rental Income: $1423 Traditional Rental Income: $1750 Airbnb ROI: -0.66% Traditional ROI: 0.96%
537 Orch Vly 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.	$360,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.2% Airbnb Rental Income: $1423 Traditional Rental Income: $1488 Airbnb ROI: 0.75% Traditional ROI: 2.2%
612 Cherry Blossom Way Pigeon Forge, TN Enjoy the perfect blend of comfort, convenience, and creativity in this charming 2-bedroom...	2 beds \| 2 baths \| 1,331 sq.ft.	$625,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.19% Airbnb Rental Income: $1423 Traditional Rental Income: $1647 Airbnb ROI: 0.08% Traditional ROI: 1.19%
3134 Noland Drive Pigeon Forge, TN Awesome 3-bedroom, 2-bath home on a 0.45-acre wooded lot with mountain views and plenty of...	3 beds \| 2 baths \| 1,836 sq.ft.	$254,000	Airbnb cash on cash: 3.16% Traditional cash on cash: 6.98% Airbnb Rental Income: $1562 Traditional Rental Income: $2028 Airbnb ROI: 3.16% Traditional ROI: 6.98%
827 Mill Creek Rd Pigeon Forge, TN An incredible investment opportunity or private retreat awaits-two fully furnished homes i...	4 beds \| 2 baths \| 2,033 sq.ft.	$775,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 1.52% Airbnb Rental Income: $2038 Traditional Rental Income: $2067 Airbnb ROI: 0.74% Traditional ROI: 1.52%
570 Country Oaks Dr Pigeon Forge, TN Welcome to your own little slice of nature! Located only minutes to all the excitement in ...	1 beds \| 2 baths \| 1,040 sq.ft.	$470,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.52% Airbnb Rental Income: $1601 Traditional Rental Income: $1544 Airbnb ROI: 0.61% Traditional ROI: 1.52%
4320 Carolina Cove Way Pigeon Forge, TN Winter, Spring, Summer, Fall... Sweet Caroline Cabin beautifully displays it all. So much ...	2 beds \| 2 baths \| 896 sq.ft.	$499,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 1.49% Airbnb Rental Income: $1423 Traditional Rental Income: $1359 Airbnb ROI: 0.71% Traditional ROI: 1.49%
755 Plantation Drive Pigeon Forge, TN Recently updated and move-in ready! This immaculate and beautifully maintained 3 bedroom 3...	3 beds \| 3 baths \| 2,168 sq.ft.	$424,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.83% Airbnb Rental Income: $1562 Traditional Rental Income: $2268 Airbnb ROI: 0.93% Traditional ROI: 3.83%
2310 Waterfall Way Pigeon Forge, TN This charming 3 Level Log Cabin offers the perfect blend of rustic elegance and modern com...	2 beds \| 3 baths \| 1,500 sq.ft.	$559,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.68% Airbnb Rental Income: $1423 Traditional Rental Income: $1861 Airbnb ROI: 0.03% Traditional ROI: 1.68%
326 Village Way Pigeon Forge, TN 4BR/4BA cabin with over 2,300 sq ft in a prime location just 1 mile from the Parkway in Pi...	4 beds \| 4 baths \| 2,304 sq.ft.	$625,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.92% Airbnb Rental Income: $2038 Traditional Rental Income: $2641 Airbnb ROI: 0.98% Traditional ROI: 2.92%
4430 New Pioneer Tr Pigeon Forge, TN Welcome to 4430 New Pioneer Tr, a spacious 3-bedroom, 4-bath cabin retreat in the heart of...	3 beds \| 4 baths \| 3,091 sq.ft.	$965,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.59% Airbnb Rental Income: $1562 Traditional Rental Income: $3515 Airbnb ROI: -0.08% Traditional ROI: 2.59%
4314 Carolina Cove Way Pigeon Forge, TN $373,000+ combined gross income from Sept. 2024 to Aug. 2025 in this short term rental pac...	N/A beds \| N/A baths \| 3,051 sq.ft.	$3,250,000	Airbnb cash on cash: -0.97% Traditional cash on cash: -0.5% Airbnb Rental Income: $963 Traditional Rental Income: $2024 Airbnb ROI: -0.97% Traditional ROI: -0.5%
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.	$875,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.41% Airbnb Rental Income: $1562 Traditional Rental Income: $2369 Airbnb ROI: -0.13% Traditional ROI: 1.41%
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.	$1,249,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.07% Airbnb Rental Income: $2038 Traditional Rental Income: $3051 Airbnb ROI: -0.26% Traditional ROI: 1.07%
2025 Bear Creek Way Pigeon Forge, TN This 2-bed, 2-bath cabin offers a great mountain view from the back deck. Located in the d...	2 beds \| 2 baths \| 1,167 sq.ft.	$545,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.12% Airbnb Rental Income: $1423 Traditional Rental Income: $1531 Airbnb ROI: 0.07% Traditional ROI: 1.12%
4564 Wilderness Plateau Pigeon Forge, TN Breathe in stunning MOUNTAIN VIEWS from this fully furnished, TURNKEY cabin, just minutes ...	2 beds \| N/A baths \| 1,248 sq.ft.	$559,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 1.66% Airbnb Rental Income: $1423 Traditional Rental Income: $1528 Airbnb ROI: 0.64% Traditional ROI: 1.66%
526 Blackberry Ridge Way Pigeon Forge, TN Welcome to Bearly Behavin, a beautifully maintained 2-bedroom, 2-bath cabin with loft (sle...	2 beds \| 2 baths \| 1,664 sq.ft.	$574,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.43% Airbnb Rental Income: $1423 Traditional Rental Income: $1685 Airbnb ROI: 0.15% Traditional ROI: 1.43%
Heritage Hills Drive lot: 44 Pigeon Forge, TN No Construction Loan Required, Builder will build out of Pocket and then Sell once complet...	4 beds \| 4 baths \| 2,308 sq.ft.	$995,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.19% Airbnb Rental Income: $2038 Traditional Rental Income: $3220 Airbnb ROI: 0.34% Traditional ROI: 2.19%
Heritage Hills Drive lot: 45 Pigeon Forge, TN No Construction Loan Required, Builder will build out of Pocket and then Sell once complet...	4 beds \| 4 baths \| 2,308 sq.ft.	$995,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.19% Airbnb Rental Income: $2038 Traditional Rental Income: $3220 Airbnb ROI: 0.34% Traditional ROI: 2.19%
Heritage Hills Drive lot: 23A Pigeon Forge, TN No Construction Loan Required, Builder will build out of Pocket and then Sell once complet...	4 beds \| 4 baths \| 2,308 sq.ft.	$1,100,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 1.55% Airbnb Rental Income: $2038 Traditional Rental Income: $2877 Airbnb ROI: 0.21% Traditional ROI: 1.55%
2378 Alpine Village Way Pigeon Forge, TN Welcome to Cub Creek, a stunning 4-bedroom, 4.5-bathroom luxury POOL cabin that combines m...	4 beds \| 4 baths \| 2,850 sq.ft.	$1,097,999	Airbnb cash on cash: -0.17% Traditional cash on cash: 2.21% Airbnb Rental Income: $2038 Traditional Rental Income: $3936 Airbnb ROI: -0.17% Traditional ROI: 2.21%
4538 Wilderness Plateau Pigeon Forge, TN Located just 10 minutes from the heart of Pigeon Forge, this log cabin offers the perfect ...	2 beds \| 2 baths \| 1,816 sq.ft.	$689,999	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.35% Airbnb Rental Income: $1423 Traditional Rental Income: $1750 Airbnb ROI: 0.18% Traditional ROI: 1.35%
242 Alpine Mountain Way Pigeon Forge, TN Welcome to 242 Alpine Mountain Way, a luxury cabin nestled less than a mile from the Pigeo...	2 beds \| 1 baths \| 1,306 sq.ft.	$525,000	Airbnb cash on cash: 0% Traditional cash on cash: 0.65% Airbnb Rental Income: $1423 Traditional Rental Income: $1314 Airbnb ROI: 0% Traditional ROI: 0.65%
372 Indian Knob Circle Pigeon Forge, TN Welcome to Midnight Lodge, where modern mountain style meets family friendly fun all less ...	4 beds \| 2 baths \| 1,623 sq.ft.	$718,900	Airbnb cash on cash: 0.95% Traditional cash on cash: 1.86% Airbnb Rental Income: $2038 Traditional Rental Income: $2123 Airbnb ROI: 0.95% Traditional ROI: 1.86%
Heritage Hills Drive lot: 10 Pigeon Forge, TN No Construction Loan Required, Builder will build out of Pocket and then Sell once complet...	4 beds \| 4 baths \| 2,308 sq.ft.	$1,400,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.23% Airbnb Rental Income: $2038 Traditional Rental Income: $3180 Airbnb ROI: -0.05% Traditional ROI: 1.23%
4829 Highland Pl Way Pigeon Forge, TN Motivated Seller! ! Bring an offer! Spacious indoor pool cabin with 4-bedrooms, 4.5-bathro...	4 beds \| 4 baths \| 3,953 sq.ft.	$1,115,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.35% Airbnb Rental Income: $2038 Traditional Rental Income: $4111 Airbnb ROI: -0.16% Traditional ROI: 2.35%
4020 Hitching Post Road Pigeon Forge, TN Welcome to an incredible short-term rental investment opportunity in the heart of Pigeon F...	5 beds \| 2 baths \| 2,632 sq.ft.	$850,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 1.37% Airbnb Rental Income: $2567 Traditional Rental Income: $2086 Airbnb ROI: 1.2% Traditional ROI: 1.37%
849 Golf View Blvd Pigeon Forge, TN Gorgeous, Updated Investment Cabin Available in Pigeon Forge! 3BR/3BA with $72k gross 2024...	2 beds \| 3 baths \| 1,686 sq.ft.	$559,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.95% Airbnb Rental Income: $1423 Traditional Rental Income: $1796 Airbnb ROI: -0.58% Traditional ROI: 0.95%
225 Bellwood Avenue Pigeon Forge, TN Beautifully Updated Brick 3 Bedroom, 2.5 Bath Home in the Heart of Pigeon Forge! Located j...	3 beds \| 2 baths \| 2,123 sq.ft.	$550,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 2.03% Airbnb Rental Income: $1562 Traditional Rental Income: $1732 Airbnb ROI: 0.82% Traditional ROI: 2.03%
716 Golden Eagle Way Pigeon Forge, TN Check out this beautiful 2 Bed/2Bath Smoky Mountain Log Cabin. Located in the sought after...	2 beds \| 2 baths \| 1,440 sq.ft.	$619,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 1.31% Airbnb Rental Income: $1423 Traditional Rental Income: $1640 Airbnb ROI: 0.19% Traditional ROI: 1.31%
2236 Battle Ground Drive Pigeon Forge, TN Stunning Contemporary Home in Henderson Springs Estates! Nestled in the heart of Pigeon Fo...	4 beds \| 4 baths \| 2,715 sq.ft.	$599,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.16% Airbnb Rental Income: $2038 Traditional Rental Income: $3122 Airbnb ROI: 1.28% Traditional ROI: 4.16%
323 Silver Stone Way Pigeon Forge, TN Welcome to your dream get away! This income producing home offers the perfect blend of mod...	4 beds \| 5 baths \| 2,688 sq.ft.	$1,200,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 1.69% Airbnb Rental Income: $2038 Traditional Rental Income: $3443 Airbnb ROI: -0.05% Traditional ROI: 1.69%
3730 Heritage Hills Drive Pigeon Forge, TN Welcome to the BEARS DEN !!! YOUR NEXT SMOKEY MOUNTAIN POOL CABIN!!!!!That has already pro...	4 beds \| 4 baths \| 3,462 sq.ft.	$1,250,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 0.86% Airbnb Rental Income: $2038 Traditional Rental Income: $2819 Airbnb ROI: -0.27% Traditional ROI: 0.86%
477 McMahan Road Pigeon Forge, TN ATTENTION INVESTORS < This Is A RARE Investment Opportunity Just Minutes From Pigeon Forge...	3 beds \| 2 baths \| 1,636 sq.ft.	$425,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 3.4% Airbnb Rental Income: $1562 Traditional Rental Income: $1966 Airbnb ROI: 1.26% Traditional ROI: 3.4%
205 Ogle Drive Pigeon Forge, TN Welcome to Unit 341 at Whispering Pines Condos -- a rare opportunity in one of Pigeon Forg...	1 beds \| 1 baths \| 738 sq.ft.	$319,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 3.13% Airbnb Rental Income: $1601 Traditional Rental Income: $1980 Airbnb ROI: 0.35% Traditional ROI: 3.13%

Real Estate investment in Pigeon-forge, TN

There are 200 properties for sale in the city of Pigeon Forge . The median list price in Pigeon Forge is $589,900 and the average price per square foot is $308. In December 2025, the average monthly cash on cash return in Pigeon Forge is 2.00%. The average monthly rental income in Pigeon Forge is $1,925.

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

There are 200 investment properties available for sale in Pigeon-forge.

In 2025, 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 $1,562.

Your search for investment property begins and ends here

Investment Property for Sale in Pigeon Forge, TN

644 Monte Wood Circle

Pigeon Forge, TN

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

$499,900

Airbnb cash on cash: 1.88%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $2038

Traditional Rental Income: $2697

Airbnb ROI: 1.88%

Traditional ROI: 4.43%

4388 Carolina Cove Way

Pigeon Forge, TN

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

$584,990

Airbnb cash on cash: 0.29%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $1423

Traditional Rental Income: $1801

Airbnb ROI: 0.29%

Traditional ROI: 1.76%

3523 Brook Stone Way

Pigeon Forge, TN

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

$629,900

Airbnb cash on cash: 0.11%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1562

Traditional Rental Income: $2387

Airbnb ROI: 0.11%

Traditional ROI: 2.28%

2006 Bear Creek Way

Pigeon Forge, TN

2 beds | 2 baths | 1,056 sq.ft.

$649,900

Airbnb cash on cash: -0.09%

Traditional cash on cash: 0.62%

Airbnb Rental Income: $1423

Traditional Rental Income: $1425

Airbnb ROI: -0.09%

Traditional ROI: 0.62%

4418 Forest Vista Way

Pigeon Forge, TN

2 beds | 2 baths | 1,400 sq.ft.

$505,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $1423

Traditional Rental Income: $1872

Airbnb ROI: 0.44%

Traditional ROI: 2.3%

739 Golf View Boulevard

Pigeon Forge, TN

2 beds | 2 baths | 1,513 sq.ft.

$497,500

Airbnb cash on cash: -0.66%

Traditional cash on cash: 0.96%

Airbnb Rental Income: $1423

Traditional Rental Income: $1750

Airbnb ROI: -0.66%

Traditional ROI: 0.96%

537 Orch Vly Way

Pigeon Forge, TN

2 beds | 2 baths | 1,076 sq.ft.

$360,000

Airbnb cash on cash: 0.75%

Traditional cash on cash: 2.2%

Airbnb Rental Income: $1423

Traditional Rental Income: $1488

Airbnb ROI: 0.75%

Traditional ROI: 2.2%

612 Cherry Blossom Way

Pigeon Forge, TN

2 beds | 2 baths | 1,331 sq.ft.

$625,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 1.19%

Airbnb Rental Income: $1423

Traditional Rental Income: $1647

Airbnb ROI: 0.08%