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: 0.62% Traditional cash on cash: 1.22% Airbnb Rental Income: $3221 Traditional Rental Income: $3331 Airbnb ROI: 0.62% Traditional ROI: 1.22%
644 Monte Wood Circle 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.	$424,999	Airbnb cash on cash: 4.86% Traditional cash on cash: 5.37% Airbnb Rental Income: $3221 Traditional Rental Income: $2697 Airbnb ROI: 4.86% Traditional ROI: 5.37%
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: 3.95% Traditional cash on cash: 4.49% Airbnb Rental Income: $3221 Traditional Rental Income: $2715 Airbnb ROI: 3.95% 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.	$550,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 1.93% Airbnb Rental Income: $1820 Traditional Rental Income: $1801 Airbnb ROI: 1.01% Traditional ROI: 1.93%
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 \| 3 baths \| 1,728 sq.ft.	$545,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 1.08% Airbnb Rental Income: $1820 Traditional Rental Income: $1765 Airbnb ROI: 0.22% 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.	$469,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.04% Airbnb Rental Income: $1820 Traditional Rental Income: $1626 Airbnb ROI: 1.36% Traditional ROI: 2.04%
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.	$610,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.76% Airbnb Rental Income: $1820 Traditional Rental Income: $3058 Airbnb ROI: 0.72% 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: 1.49% Traditional cash on cash: 2.4% Airbnb Rental Income: $1820 Traditional Rental Income: $1732 Airbnb ROI: 1.49% Traditional ROI: 2.4%
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.	$698,999	Airbnb cash on cash: 0.62% Traditional cash on cash: 1.3% Airbnb Rental Income: $1820 Traditional Rental Income: $1771 Airbnb ROI: 0.62% Traditional ROI: 1.3%
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: 1.04% Traditional cash on cash: 1.88% Airbnb Rental Income: $1657 Traditional Rental Income: $1520 Airbnb ROI: 1.04% Traditional ROI: 1.88%
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.	$549,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.2% Airbnb Rental Income: $2104 Traditional Rental Income: $2021 Airbnb ROI: 1.31% Traditional ROI: 2.2%
236 Mountain Vista Drive Pigeon Forge, TN A toy enthusiast's dream property! Welcome to 236 Mountain Vista Drive, in the heart of Pi...	5 beds \| 4 baths \| 3,093 sq.ft.	$849,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 3.05% Airbnb Rental Income: $2962 Traditional Rental Income: $3390 Airbnb ROI: 1.65% Traditional ROI: 3.05%
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: 1.7% Traditional cash on cash: 1.91% Airbnb Rental Income: $1820 Traditional Rental Income: $1415 Airbnb ROI: 1.7% 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: 0.25% Traditional cash on cash: 0.46% Airbnb Rental Income: $2104 Traditional Rental Income: $1739 Airbnb ROI: 0.25% 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: 1.42% Traditional cash on cash: 1.87% Airbnb Rental Income: $1820 Traditional Rental Income: $1536 Airbnb ROI: 1.42% Traditional ROI: 1.87%
739 Golf View Boulevard Pigeon Forge, TN Over $50,000 in Gross Revenue for 2025 - 739 Golf View BLVD is an investors dream! The res...	2 beds \| 4 baths \| 1,513 sq.ft.	$475,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 1.05% Airbnb Rental Income: $1820 Traditional Rental Income: $1750 Airbnb ROI: 0.1% Traditional ROI: 1.05%
650 Lloyd Huskey Road 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.	$409,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 3.05% Airbnb Rental Income: $1820 Traditional Rental Income: $1747 Airbnb ROI: 1.96% Traditional ROI: 3.05%
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: 0.57% Traditional cash on cash: 1.2% Airbnb Rental Income: $1820 Traditional Rental Income: $1574 Airbnb ROI: 0.57% Traditional ROI: 1.2%
2006 Slippery Rock Circle Pigeon Forge, TN $75,000 income with strong rental history and a near perfect 4.98 rating on Airbnb with ov...	2 beds \| 2 baths \| 986 sq.ft.	$449,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 1.63% Airbnb Rental Income: $1820 Traditional Rental Income: $1340 Airbnb ROI: 1.6% Traditional ROI: 1.63%
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: 1.64% Traditional cash on cash: 2.7% Airbnb Rental Income: $1820 Traditional Rental Income: $1774 Airbnb ROI: 1.64% Traditional ROI: 2.7%
124 Plaza Drive #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: 1.02% Traditional cash on cash: 1.4% Airbnb Rental Income: $2104 Traditional Rental Income: $1737 Airbnb ROI: 1.02% 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.	$499,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 1.86% Airbnb Rental Income: $1820 Traditional Rental Income: $1593 Airbnb ROI: 1.29% 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: 1.48% Traditional cash on cash: 1.34% Airbnb Rental Income: $1657 Traditional Rental Income: $1144 Airbnb ROI: 1.48% Traditional ROI: 1.34%
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.	$383,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 3.04% Airbnb Rental Income: $1820 Traditional Rental Income: $1626 Airbnb ROI: 2.21% Traditional ROI: 3.04%
952 Iron Mountain Road Pigeon Forge, TN Turnkey Log Cabin in the Heart of Pigeon Forge \| Walk to Attractions \| Proven STR Performa...	3 beds \| 3 baths \| 1,920 sq.ft.	$679,900	Airbnb cash on cash: 1% Traditional cash on cash: 1.78% Airbnb Rental Income: $2104 Traditional Rental Income: $2062 Airbnb ROI: 1% Traditional ROI: 1.78%
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: 0.39% Traditional cash on cash: 1.33% Airbnb Rental Income: $1820 Traditional Rental Income: $1727 Airbnb ROI: 0.39% 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 \| 3 baths \| N/A	$750,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 1.56% Airbnb Rental Income: $3221 Traditional Rental Income: $2067 Airbnb ROI: 2.18% Traditional ROI: 1.56%
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: 0.74% Traditional cash on cash: 1.37% Airbnb Rental Income: $1820 Traditional Rental Income: $1695 Airbnb ROI: 0.74% 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: 1.57% Traditional cash on cash: 1.64% Airbnb Rental Income: $1820 Traditional Rental Income: $1359 Airbnb ROI: 1.57% 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: 1.04% Traditional cash on cash: 3.11% Airbnb Rental Income: $2962 Traditional Rental Income: $3957 Airbnb ROI: 1.04% 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.	$519,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 1.63% Airbnb Rental Income: $1820 Traditional Rental Income: $1954 Airbnb ROI: 0.34% 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: 0.62% Traditional cash on cash: 0.71% Airbnb Rental Income: $3221 Traditional Rental Income: $2594 Airbnb ROI: 0.62% 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: 0.48% Traditional cash on cash: 0.99% Airbnb Rental Income: $1820 Traditional Rental Income: $1603 Airbnb ROI: 0.48% 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: 1.25% Traditional cash on cash: 2.7% Airbnb Rental Income: $1820 Traditional Rental Income: $1853 Airbnb ROI: 1.25% 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: 0.17% Traditional cash on cash: 0.94% Airbnb Rental Income: $2104 Traditional Rental Income: $2003 Airbnb ROI: 0.17% 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: 0.52% Traditional cash on cash: 1.55% Airbnb Rental Income: $2104 Traditional Rental Income: $2257 Airbnb ROI: 0.52% Traditional ROI: 1.55%
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 \| 1,320 sq.ft.	$664,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 0.73% Airbnb Rental Income: $1820 Traditional Rental Income: $1680 Airbnb ROI: 0.16% Traditional ROI: 0.73%
4403 New Pioneer Tr 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: 1.62% Traditional cash on cash: 1.23% Airbnb Rental Income: $1657 Traditional Rental Income: $1037 Airbnb ROI: 1.62% Traditional ROI: 1.23%
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: 0.6% Traditional cash on cash: 1.72% Airbnb Rental Income: $2104 Traditional Rental Income: $2369 Airbnb ROI: 0.6% 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: 0.67% Traditional cash on cash: 1.17% Airbnb Rental Income: $3221 Traditional Rental Income: $3051 Airbnb ROI: 0.67% Traditional ROI: 1.17%

Real Estate investment in Pigeon-forge, TN

There are 266 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 $275. In July 2026, the average monthly cash on cash return in Pigeon Forge is 2.00%. The average monthly rental income in Pigeon Forge is $1,936.

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

There are 266 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 $1,936.

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: 0.62%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $3221

Traditional Rental Income: $3331

Airbnb ROI: 0.62%

Traditional ROI: 1.22%

644 Monte Wood Circle

Pigeon Forge, TN

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

$424,999

Airbnb cash on cash: 4.86%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $3221

Traditional Rental Income: $2697

Airbnb ROI: 4.86%

Traditional ROI: 5.37%

2655 High Valley Drive #2

Pigeon Forge, TN

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

$429,900

Airbnb cash on cash: 3.95%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $3221

Traditional Rental Income: $2715

Airbnb ROI: 3.95%

Traditional ROI: 4.49%

4388 Carolina Cove Way

Pigeon Forge, TN

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

$550,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $1820

Traditional Rental Income: $1801

Airbnb ROI: 1.01%

Traditional ROI: 1.93%

326 Big Bear Way

Pigeon Forge, TN

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

$545,000

Airbnb cash on cash: 0.22%

Traditional cash on cash: 1.08%

Airbnb Rental Income: $1820

Traditional Rental Income: $1765

Airbnb ROI: 0.22%

Traditional ROI: 1.08%

713 Harrier Court Way

Pigeon Forge, TN

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

$469,000

Airbnb cash on cash: 1.36%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $1820

Traditional Rental Income: $1626

Airbnb ROI: 1.36%

Traditional ROI: 2.04%

829 Boone Acres Lane

Pigeon Forge, TN

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

$610,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $1820

Traditional Rental Income: $3058

Airbnb ROI: 0.72%

Traditional ROI: 3.76%

2947 Patty View Way

Pigeon Forge, TN

2 beds | 2 baths | 1,317 sq.ft.

$479,000

Airbnb cash on cash: 1.49%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $1820

Traditional Rental Income: $1732

Airbnb ROI: 1.49%