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: -0.37% Traditional cash on cash: -0.04% Airbnb Rental Income: $1569 Traditional Rental Income: $1574 Airbnb ROI: -0.37% Traditional ROI: -0.04%
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: 1.2% Traditional cash on cash: 4.83% Airbnb Rental Income: $1569 Traditional Rental Income: $2697 Airbnb ROI: 1.2% Traditional ROI: 4.83%
4503 Rocky Bluff Way Pigeon Forge, TN Welcome to your next STR retreat in the heart of the Great Smoky Mountains! This stunning ...	2 beds \| 2 baths \| 1,248 sq.ft.	$550,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.38% Airbnb Rental Income: $1139 Traditional Rental Income: $1569 Airbnb ROI: -0.2% Traditional ROI: 1.38%
2655 High Valley Drive unit: 2 #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.	$449,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 4.25% Airbnb Rental Income: $1569 Traditional Rental Income: $2715 Airbnb ROI: 0.46% Traditional ROI: 4.25%
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.	$575,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.8% Airbnb Rental Income: $1139 Traditional Rental Income: $1801 Airbnb ROI: -0.13% Traditional ROI: 1.8%
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 \| 2 baths \| 1,728 sq.ft.	$545,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.08% Airbnb Rental Income: $1169 Traditional Rental Income: $1765 Airbnb ROI: -0.84% Traditional ROI: 1.08%
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: -0.54% Traditional cash on cash: 2.23% Airbnb Rental Income: $1169 Traditional Rental Income: $2387 Airbnb ROI: -0.54% 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.	$750,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.88% Airbnb Rental Income: $1139 Traditional Rental Income: $3058 Airbnb ROI: -0.41% Traditional ROI: 2.88%
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.	$750,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 1.14% Airbnb Rental Income: $1139 Traditional Rental Income: $1771 Airbnb ROI: -0.3% Traditional ROI: 1.14%
645 Chickasaw Gap Way Pigeon Forge, TN ** At no fault to the Seller, property is back on the market due to a non-performing buyer...	1 beds \| 2 baths \| 1,152 sq.ft.	$434,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 1.77% Airbnb Rental Income: $1047 Traditional Rental Income: $1520 Airbnb ROI: -0.29% Traditional ROI: 1.77%
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.	$459,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.7% Airbnb Rental Income: $1139 Traditional Rental Income: $1415 Airbnb ROI: 0.18% Traditional ROI: 1.7%
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: -0.37% Traditional cash on cash: 1.34% Airbnb Rental Income: $1139 Traditional Rental Income: $1642 Airbnb ROI: -0.37% Traditional ROI: 1.34%
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: 0.46% Traditional cash on cash: 3.59% Airbnb Rental Income: $1169 Traditional Rental Income: $2106 Airbnb ROI: 0.46% Traditional ROI: 3.59%
2813 Forrest Way Pigeon Forge, TN Yearly rental projection of up to $69,500 is available! Welcome to your ideal Smoky Mounta...	2 beds \| 2 baths \| 1,123 sq.ft.	$475,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.4% Airbnb Rental Income: $1139 Traditional Rental Income: $2350 Airbnb ROI: -0.17% Traditional ROI: 3.4%
429 Keegan Drive Pigeon Forge, TN Rental projection of up to 75k yearly is available! This property has great potential due ...	2 beds \| 2 baths \| 1,429 sq.ft.	$525,000	Airbnb cash on cash: 0% Traditional cash on cash: 1.99% Airbnb Rental Income: $1139 Traditional Rental Income: $1740 Airbnb ROI: 0% Traditional ROI: 1.99%
240 Meadowbrook Drive Pigeon Forge, TN NEW HVAC 2026, Recent updates, location, location, location! In the heart of Pigeon Forge,...	3 beds \| 1 baths \| 962 sq.ft.	$285,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 3.16% Airbnb Rental Income: $1169 Traditional Rental Income: $1246 Airbnb ROI: 1.44% Traditional ROI: 3.16%
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.	$355,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.23% Airbnb Rental Income: $1139 Traditional Rental Income: $1488 Airbnb ROI: 0.06% Traditional ROI: 2.23%
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: -0.33% Traditional cash on cash: 1.19% Airbnb Rental Income: $1139 Traditional Rental Income: $1647 Airbnb ROI: -0.33% Traditional ROI: 1.19%
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.	$585,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.34% Airbnb Rental Income: $1139 Traditional Rental Income: $1564 Airbnb ROI: -0.13% Traditional ROI: 1.34%
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: -0.66% Traditional cash on cash: 1.68% Airbnb Rental Income: $1169 Traditional Rental Income: $1880 Airbnb ROI: -0.66% Traditional ROI: 1.68%
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.	$397,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 1.06% Airbnb Rental Income: $1047 Traditional Rental Income: $1144 Airbnb ROI: -0.17% Traditional ROI: 1.06%
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.	$699,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 1.7% Airbnb Rental Income: $1169 Traditional Rental Income: $2062 Airbnb ROI: -0.25% Traditional ROI: 1.7%
1663 Falls Way Pigeon Forge, TN Turn-key and income producing, this modern 2 bedroom, 2.5 bath ensuite cabin in Bear Cove ...	2 beds \| 3 baths \| 1,750 sq.ft.	$599,900	Airbnb cash on cash: -0.64% Traditional cash on cash: 2.09% Airbnb Rental Income: $1139 Traditional Rental Income: $2286 Airbnb ROI: -0.64% Traditional ROI: 2.09%
347 Caney Creek Rd Pigeon Forge, TN Charming cabin situated directly on year-round Caney Creek! Featuring two bedrooms with en...	2 beds \| 2 baths \| 781 sq.ft.	$549,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.18% Airbnb Rental Income: $1139 Traditional Rental Income: $2350 Airbnb ROI: 0.08% Traditional ROI: 3.18%
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: -0.29% Traditional cash on cash: 1.5% Airbnb Rental Income: $1139 Traditional Rental Income: $1585 Airbnb ROI: -0.29% 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 \| 2 baths \| 2,033 sq.ft.	$750,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 1.6% Airbnb Rental Income: $1569 Traditional Rental Income: $2067 Airbnb ROI: 0.24% 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.	$1,025,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 0.36% Airbnb Rental Income: $1169 Traditional Rental Income: $1880 Airbnb ROI: -0.79% Traditional ROI: 0.36%
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.	$474,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.61% Airbnb Rental Income: $1139 Traditional Rental Income: $1359 Airbnb ROI: 0.26% Traditional ROI: 1.61%
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: -0.33% Traditional cash on cash: 2.77% Airbnb Rental Income: $1695 Traditional Rental Income: $3957 Airbnb ROI: -0.33% Traditional ROI: 2.77%
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: 0.09% Traditional cash on cash: 3.81% Airbnb Rental Income: $1169 Traditional Rental Income: $2268 Airbnb ROI: 0.09% Traditional ROI: 3.81%
709 Golden Eagle Way Pigeon Forge, TN Located in desirable Eagles Ridge Resort, just 1.5 miles from the Pigeon Forge Parkway, Ca...	3 beds \| 2 baths \| 1,382 sq.ft.	$539,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.81% Airbnb Rental Income: $1169 Traditional Rental Income: $1754 Airbnb ROI: -0.11% Traditional ROI: 1.81%
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: -0.22% Traditional cash on cash: 2.11% Airbnb Rental Income: $1139 Traditional Rental Income: $1807 Airbnb ROI: -0.22% Traditional ROI: 2.11%
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.	$699,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.64% Airbnb Rental Income: $1139 Traditional Rental Income: $1680 Airbnb ROI: -0.77% Traditional ROI: 0.64%
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.	$799,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 1.64% Airbnb Rental Income: $1169 Traditional Rental Income: $2369 Airbnb ROI: -0.49% Traditional ROI: 1.64%
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: -0.58% Traditional cash on cash: 1.16% Airbnb Rental Income: $1569 Traditional Rental Income: $3051 Airbnb ROI: -0.58% Traditional ROI: 1.16%
653 Eagles Boulevard Way Pigeon Forge, TN This is the kind of opportunity short term rental investors are actively searching for as ...	4 beds \| 4 baths \| 2,080 sq.ft.	$650,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.51% Airbnb Rental Income: $1569 Traditional Rental Income: $2491 Airbnb ROI: 0.25% Traditional ROI: 2.51%
1665 Mountain Lodge Way Pigeon Forge, TN Prime Opportunity in Pigeon Forge! 3BR/2BA cabin in the highly sought-after Covered Bridge...	3 beds \| 2 baths \| 1,728 sq.ft.	$750,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 0.98% Airbnb Rental Income: $1169 Traditional Rental Income: $1900 Airbnb ROI: -0.61% Traditional ROI: 0.98%
2592 Bluff Mountain Rd Pigeon Forge, TN Rare Find! Offered at a professionally appraised value. Furnished, unique property with an...	2 beds \| 2 baths \| 1,145 sq.ft.	$430,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.18% Airbnb Rental Income: $1139 Traditional Rental Income: $1416 Airbnb ROI: 0.55% Traditional ROI: 2.18%
526 Blackberry Ridge Way Pigeon Forge, TN Price Improvement!! Now Offered at $560,000. Welcome to 'Bearly Behavin', a beautifully ma...	2 beds \| 2 baths \| 1,664 sq.ft.	$560,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.53% Airbnb Rental Income: $1139 Traditional Rental Income: $1685 Airbnb ROI: -0.24% Traditional ROI: 1.53%
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: -0.08% Traditional cash on cash: 2.19% Airbnb Rental Income: $1569 Traditional Rental Income: $3220 Airbnb ROI: -0.08% Traditional ROI: 2.19%

Real Estate investment in Pigeon-forge, TN

There are 215 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 $311. In April 2026, the average monthly cash on cash return in Pigeon Forge is 2.00%. The average monthly rental income in Pigeon Forge is $1,880.

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

There are 215 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 $1,139.

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: -0.37%

Traditional cash on cash: -0.04%

Airbnb Rental Income: $1569

Traditional Rental Income: $1574

Airbnb ROI: -0.37%

Traditional ROI: -0.04%

644 Monte Wood Circle

Pigeon Forge, TN

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

$464,900

Airbnb cash on cash: 1.2%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1569

Traditional Rental Income: $2697

Airbnb ROI: 1.2%

Traditional ROI: 4.83%

4503 Rocky Bluff Way

Pigeon Forge, TN

2 beds | 2 baths | 1,248 sq.ft.

$550,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $1139

Traditional Rental Income: $1569

Airbnb ROI: -0.2%

Traditional ROI: 1.38%

2655 High Valley Drive unit: 2 #2

Pigeon Forge, TN

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

$449,900

Airbnb cash on cash: 0.46%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1569

Traditional Rental Income: $2715

Airbnb ROI: 0.46%

Traditional ROI: 4.25%

4388 Carolina Cove Way

Pigeon Forge, TN

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

$575,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $1139

Traditional Rental Income: $1801

Airbnb ROI: -0.13%

Traditional ROI: 1.8%

326 Big Bear Way

Pigeon Forge, TN

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

$545,000

Airbnb cash on cash: -0.84%

Traditional cash on cash: 1.08%

Airbnb Rental Income: $1169

Traditional Rental Income: $1765

Airbnb ROI: -0.84%

Traditional ROI: 1.08%

3523 Brook Stone Way

Pigeon Forge, TN

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

$619,900

Airbnb cash on cash: -0.54%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $1169

Traditional Rental Income: $2387

Airbnb ROI: -0.54%

Traditional ROI: 2.23%

829 Boone Acres Lane

Pigeon Forge, TN

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

$750,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 2.88%

Airbnb Rental Income: $1139

Traditional Rental Income: $3058

Airbnb ROI: -0.41%