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 Dr Pigeon Forge, TN Prime Commercial Land \| C-2 Zoning \| Just Off the Parkway Located minutes from the Parkway...	4 beds \| 3 baths \| 3,388 sq.ft.	$1,499,900	Airbnb cash on cash: 0.7% Traditional cash on cash: 1.22% Airbnb Rental Income: $3353 Traditional Rental Income: $3331 Airbnb ROI: 0.7% Traditional ROI: 1.22%
644 Monte Wood Cir Pigeon Forge, TN All offers to be considered Make this family home yours and enjoy being only a mile aw...	4 beds \| 3 baths \| 2,604 sq.ft.	$399,999	Airbnb cash on cash: 5.14% Traditional cash on cash: 5.37% Airbnb Rental Income: $3353 Traditional Rental Income: $2697 Airbnb ROI: 5.14% Traditional ROI: 5.37%
2655 High Valley Dr #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: 4.22% Traditional cash on cash: 4.49% Airbnb Rental Income: $3353 Traditional Rental Income: $2715 Airbnb ROI: 4.22% 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.	$535,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.01% Airbnb Rental Income: $1805 Traditional Rental Income: $1801 Airbnb ROI: 1.04% Traditional ROI: 2.01%
326 Big Bear Way Pigeon Forge, TN Welcome to Big Bear Way, just minutes from all the major attractions and the parkway! This...	2 beds \| 2 baths \| 1,728 sq.ft.	$545,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 1.08% Airbnb Rental Income: $1805 Traditional Rental Income: $1765 Airbnb ROI: 0.2% Traditional ROI: 1.08%
713 Harrier Court Way Pigeon Forge, TN Price Adjustment and motivated seller! Tucked into a wooded setting in well-established Ea...	2 beds \| 2 baths \| 1,208 sq.ft.	$454,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 2.11% Airbnb Rental Income: $1805 Traditional Rental Income: $1626 Airbnb ROI: 1.38% Traditional ROI: 2.11%
3922 Valley View Dr Pigeon Forge, TN Unbeatable location (5 minute walk to the PF strip), great historical income, views, outdo...	2 beds \| 2 baths \| 1,800 sq.ft.	$674,999	Airbnb cash on cash: 0.56% Traditional cash on cash: 1.98% Airbnb Rental Income: $1805 Traditional Rental Income: $2209 Airbnb ROI: 0.56% Traditional ROI: 1.98%
829 Boone Acres Ln Pigeon Forge, TN This is an expansive, fully furnished, investment cabin! Perfectly located just off the Sp...	2 beds \| 3 baths \| 3,110 sq.ft.	$610,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 3.76% Airbnb Rental Income: $1805 Traditional Rental Income: $3058 Airbnb ROI: 0.7% Traditional ROI: 3.76%
2947 Patty View Way Pigeon Forge, TN TURNKEY SMOKY MOUNTAIN CABIN ON 1.14 PRIVATE ACRES! Tucked away in the desirable Walden Cr...	2 beds \| 2 baths \| 1,317 sq.ft.	$479,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 2.4% Airbnb Rental Income: $1805 Traditional Rental Income: $1732 Airbnb ROI: 1.47% Traditional ROI: 2.4%
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.	$417,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 1.88% Airbnb Rental Income: $1619 Traditional Rental Income: $1520 Airbnb ROI: 0.96% Traditional ROI: 1.88%
236 Mountain Vista Dr Pigeon Forge, TN MOTIVATED SELLER! A toy enthusiast's dream property! Welcome to 236 Mountain Vista Drive, ...	5 beds \| 4 baths \| 3,093 sq.ft.	$824,000	Airbnb cash on cash: 1.92% Traditional cash on cash: 3.18% Airbnb Rental Income: $3135 Traditional Rental Income: $3390 Airbnb ROI: 1.92% Traditional ROI: 3.18%
745 Ski View Lane Pigeon Forge, TN Sky Harbor sits between Gatlinburg and Pigeon Forge, and that positioning is the first thi...	2 beds \| 2 baths \| 1,104 sq.ft.	$425,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 1.91% Airbnb Rental Income: $1805 Traditional Rental Income: $1415 Airbnb ROI: 1.66% Traditional ROI: 1.91%
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: 0.32% Traditional cash on cash: 0.46% Airbnb Rental Income: $2174 Traditional Rental Income: $1739 Airbnb ROI: 0.32% 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.	$499,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 1.87% Airbnb Rental Income: $1805 Traditional Rental Income: $1536 Airbnb ROI: 1.4% Traditional ROI: 1.87%
739 Golf View Blvd Pigeon Forge, TN Over $50,000 in Gross Revenue for 2025 - 739 Golf View BLVD is an investors dream! The res...	2 beds \| 3 baths \| 1,513 sq.ft.	$475,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 1.05% Airbnb Rental Income: $1805 Traditional Rental Income: $1750 Airbnb ROI: 0.07% Traditional ROI: 1.05%
650 Lloyd Huskey Rd Pigeon Forge, TN INCREDIBLE TURNKEY SHORT-TERM RENTAL INVESTMENT IN THE HEART OF PIGEON FORGE! PRIME LOCATI...	2 beds \| 2 baths \| 1,104 sq.ft.	$399,900	Airbnb cash on cash: 2% Traditional cash on cash: 3.15% Airbnb Rental Income: $1805 Traditional Rental Income: $1747 Airbnb ROI: 2% Traditional ROI: 3.15%
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.	$419,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 1.2% Airbnb Rental Income: $1805 Traditional Rental Income: $1574 Airbnb ROI: 0.54% Traditional ROI: 1.2%
839 W Gold Dust Dr Pigeon Forge, TN STOP! Call the listing agent to get priority access, built-in buyer savings, and exclusive...	3 beds \| 3 baths \| 2,100 sq.ft.	$536,400	Airbnb cash on cash: 1.82% Traditional cash on cash: 2.33% Airbnb Rental Income: $2174 Traditional Rental Income: $1880 Airbnb ROI: 1.82% Traditional ROI: 2.33%
612 Cherry Blossom Way Pigeon Forge, TN Ideally located just over a mile from the Pigeon Forge Parkway, this inviting 2-bedroom ca...	2 beds \| 2 baths \| 1,331 sq.ft.	$600,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 1.28% Airbnb Rental Income: $1805 Traditional Rental Income: $1647 Airbnb ROI: 0.69% Traditional ROI: 1.28%
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.	$449,900	Airbnb cash on cash: 1.61% Traditional cash on cash: 2.7% Airbnb Rental Income: $1805 Traditional Rental Income: $1774 Airbnb ROI: 1.61% Traditional ROI: 2.7%
722 Nighthawk Way Pigeon Forge, TN Looking for a furnished short-term rental with convenience? Welcome to Hawkeye Lodge, this...	2 beds \| 2 baths \| 1,250 sq.ft.	$580,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.36% Airbnb Rental Income: $1805 Traditional Rental Income: $1564 Airbnb ROI: 0.9% Traditional ROI: 1.36%
124 Plaza Dr #5207 Pigeon Forge, TN Beautifully remodeled and fully furnished, this spacious three-bedroom, two-bath condomini...	3 beds \| 2 baths \| 1,371 sq.ft.	$494,500	Airbnb cash on cash: 1.15% Traditional cash on cash: 1.4% Airbnb Rental Income: $2174 Traditional Rental Income: $1737 Airbnb ROI: 1.15% Traditional ROI: 1.4%
336 Big Bear Way Pigeon Forge, TN Discover one of the most unique and desirable properties in Big Bear Resort--a rare freest...	2 beds \| 2 baths \| 1,160 sq.ft.	$494,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 1.86% Airbnb Rental Income: $1805 Traditional Rental Income: $1593 Airbnb ROI: 1.27% Traditional ROI: 1.86%
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.	$350,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 1.34% Airbnb Rental Income: $1619 Traditional Rental Income: $1144 Airbnb ROI: 1.39% Traditional ROI: 1.34%
124 Plaza Dr #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.	$375,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 3.12% Airbnb Rental Income: $1805 Traditional Rental Income: $1626 Airbnb ROI: 2.24% Traditional ROI: 3.12%
952 Iron Mountain Rd Pigeon Forge, TN Investment Opportunity in the Heart of Pigeon Forge \| Proven STR \| Minutes to Dollywood Op...	3 beds \| 2 baths \| 1,920 sq.ft.	$669,900	Airbnb cash on cash: 1.12% Traditional cash on cash: 1.82% Airbnb Rental Income: $2174 Traditional Rental Income: $2062 Airbnb ROI: 1.12% Traditional ROI: 1.82%
530-4 Chickasaw Gap Way Pigeon Forge, TN Rental projection of up to $69,300 yearly is available! Escape to the Smokies with this be...	2 beds \| 2 baths \| 1,536 sq.ft.	$525,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 1.97% Airbnb Rental Income: $1805 Traditional Rental Income: $1777 Airbnb ROI: 1.02% Traditional ROI: 1.97%
410 Big Bear Way #4005 Pigeon Forge, TN Rental projection of up to $46,000 yearly is available! Welcome to your perfect mountain e...	2 beds \| 2 baths \| 1,136 sq.ft.	$450,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 1.33% Airbnb Rental Income: $1805 Traditional Rental Income: $1727 Airbnb ROI: 0.36% Traditional ROI: 1.33%
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.	$750,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 1.6% Airbnb Rental Income: $3353 Traditional Rental Income: $2067 Airbnb ROI: 2.37% Traditional ROI: 1.6%
212 Dollywood Ln #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: 0.72% Traditional cash on cash: 1.37% Airbnb Rental Income: $1805 Traditional Rental Income: $1695 Airbnb ROI: 0.72% 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.	$469,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 1.64% Airbnb Rental Income: $1805 Traditional Rental Income: $1359 Airbnb ROI: 1.54% Traditional ROI: 1.64%
620 Chickasaw Gap Way Pigeon Forge, TN Get ready to be impressed with this 5-bedroom, 5-bathroom log cabin in Arrowhead Resort, a...	5 beds \| 5 baths \| 2,808 sq.ft.	$870,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 3.11% Airbnb Rental Income: $3135 Traditional Rental Income: $3957 Airbnb ROI: 1.22% Traditional ROI: 3.11%
350 Big Bear Way Pigeon Forge, TN TURNKEY RENTAL OPPORTUNITY in the Heart of Pigeon Forge! Grossing over $58k in 2024 and $5...	2 beds \| 3 baths \| 1,732 sq.ft.	$495,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.63% Airbnb Rental Income: $1805 Traditional Rental Income: $1954 Airbnb ROI: 0.32% Traditional ROI: 1.63%
452 Alpine Mountain Way Pigeon Forge, TN Turnkey, income-producing, and ready to start making money from day one, this exceptional ...	4 beds \| 4 baths \| 2,834 sq.ft.	$1,196,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 0.71% Airbnb Rental Income: $3353 Traditional Rental Income: $2594 Airbnb ROI: 0.72% Traditional ROI: 0.71%
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: 0.46% Traditional cash on cash: 0.99% Airbnb Rental Income: $1805 Traditional Rental Income: $1603 Airbnb ROI: 0.46% 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.	$384,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 2.7% Airbnb Rental Income: $1805 Traditional Rental Income: $1853 Airbnb ROI: 1.21% Traditional ROI: 2.7%
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.	$615,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 0.94% Airbnb Rental Income: $2174 Traditional Rental Income: $2003 Airbnb ROI: 0.28% Traditional ROI: 0.94%
2713 Alps Way Pigeon Forge, TN Prime Investment Opportunity: 3-bedroom, 3-bathroom cabin in the heart of Pigeon Forge. Bu...	3 beds \| 3 baths \| 2,040 sq.ft.	$724,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.55% Airbnb Rental Income: $2174 Traditional Rental Income: $2257 Airbnb ROI: 0.61% Traditional ROI: 1.55%
4403 New Pioneer Trl Pigeon Forge, TN Welcome to this private mountain retreat tucked away at the end of a quiet drive in Pigeon...	1 beds \| 1 baths \| 616 sq.ft.	$415,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 1.23% Airbnb Rental Income: $1619 Traditional Rental Income: $1037 Airbnb ROI: 1.54% Traditional ROI: 1.23%
817 Boone Acres Ln 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: 0.68% Traditional cash on cash: 1.72% Airbnb Rental Income: $2174 Traditional Rental Income: $2369 Airbnb ROI: 0.68% Traditional ROI: 1.72%

Real Estate investment in Pigeon-forge, TN

There are 319 properties for sale in the city of Pigeon Forge . The median list price in Pigeon Forge is $509,695 and the average price per square foot is $277. In August 2026, the average monthly cash on cash return in Pigeon Forge is 2.00%. The average monthly rental income in Pigeon Forge is $1,900.

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

There are 319 investment properties available for sale in Pigeon-forge.

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

The ROI for Long-Term is higher than the Short-Term in Pigeon-forge with average rental income of $1,900.

Your search for investment property begins and ends here

Investment Property for Sale in Pigeon Forge, TN

223 Sharon Dr

Pigeon Forge, TN

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

$1,499,900

Airbnb cash on cash: 0.7%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $3353

Traditional Rental Income: $3331

Airbnb ROI: 0.7%

Traditional ROI: 1.22%

644 Monte Wood Cir

Pigeon Forge, TN

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

$399,999

Airbnb cash on cash: 5.14%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $3353

Traditional Rental Income: $2697

Airbnb ROI: 5.14%

Traditional ROI: 5.37%

2655 High Valley Dr #2

Pigeon Forge, TN

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

$429,900

Airbnb cash on cash: 4.22%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $3353

Traditional Rental Income: $2715

Airbnb ROI: 4.22%

Traditional ROI: 4.49%

4388 Carolina Cove Way

Pigeon Forge, TN

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

$535,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $1805

Traditional Rental Income: $1801

Airbnb ROI: 1.04%

Traditional ROI: 2.01%

326 Big Bear Way

Pigeon Forge, TN

2 beds | 2 baths | 1,728 sq.ft.

$545,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 1.08%

Airbnb Rental Income: $1805

Traditional Rental Income: $1765

Airbnb ROI: 0.2%

Traditional ROI: 1.08%

713 Harrier Court Way

Pigeon Forge, TN

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

$454,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 2.11%

Airbnb Rental Income: $1805

Traditional Rental Income: $1626

Airbnb ROI: 1.38%

Traditional ROI: 2.11%

3922 Valley View Dr

Pigeon Forge, TN

2 beds | 2 baths | 1,800 sq.ft.

$674,999

Airbnb cash on cash: 0.56%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $1805

Traditional Rental Income: $2209

Airbnb ROI: 0.56%

Traditional ROI: 1.98%

829 Boone Acres Ln

Pigeon Forge, TN

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

$610,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $1805

Traditional Rental Income: $3058

Airbnb ROI: 0.7%