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For sale
  • $2,120,000

    1624 Pinewood Way, Pigeon Forge, TN 37862

    5beds
    3,576sqft
    : 
    Cabin, Residential
    Built in 2002
    -- sqft lot
    $426,200 Zestimate®
    $593/sqft
    $753/mo HOA

    What's special

    Gated resort communityGated entryPicnic areaCommunity poolWell-maintained grounds
    Turn-Key 4-Cabin Investment Portfolio Near Dollywood | $268,431 Gross Income (2025) | Prime Smoky Mountain Location Rare opportunity to acquire a fully operational 4-cabin short-term rental portfolio in the highly sought-after Hidden Springs Resort, ideally located just minutes from Dollywood and Splash Country in Sevierville, TN. Offered at $2,120,000, this income-producing portfolio generated a combined $268,431 in gross rental revenue for 2025, delivering strong and immediate return potential. This package includes four well-maintained, fully furnished cabins with proven rental performance: 1523 Bear's Den Way - 1BR/1BA 1624 Pinewood Way - 1BR/1.5BA 1505 Bear's Den Way - 1BR/1BA 1650 Pinewood Way - 2BR/2BA All properties are in very good condition, professionally managed, and positioned for continued success in the thriving Smoky Mountain vacation rental market. Located within a gated resort community, Hidden Springs offers desirable amenities including a community pool, picnic area, gated entry and well-maintained grounds, enhancing guest experience and occupancy rates. Investor Highlights: Proven rental history with strong 2025 income Bookings already in place with established online presence and 10+ years of consecutive Premium Host status and '' Love by Guest'' favorites with almost 1200 5 star reviews😊⭐⭐⭐⭐⭐ Bonus Incentive: 15% discounted rental management split for buyers who continue with the current management company, creating a seamless transition and enhanced cash flow. This is a unique opportunity to step into a stabilized, income-producing portfolio without the time and expense of starting from scratch. Additional financials, property details, and performance data available upon request.
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    Zillow last checked: 7 hours ago

    Listing updated: April 09, 2026 at 06:50am

    Listed by:

    Penny L. Cowell 865-850-4427,

    Monarch Realty LLC 865-366-6528,

    Devin Cowell

    Source: GSMAR, GSMMLS,MLS#: 311192MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Features
      • Number of fireplaces: 4
      • Fireplace features: Electric
      Interior area
      • Total structure area: 3,576
      • Total interior livable area: 3,576 sqft
      • Finished area above ground: 3,576
      • Finished area below ground: 0

      Property

      Features
      • Pool features: Community
      Details
      • Parcel number: multiple see associated docs
      • Zoning: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Cabin, Residential
      Condition
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Shared Septic
      • Water: Private
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Gated, Pool
      • Subdivision: Hidden Springs Resort
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds, Picnic Area, Security, Other
      • Services included: Insurance, Internet, Roads, Security, Sewer, Water
      • HOA fee: $9,040 annually
      • HOA name: Hidden Springs POA
      • HOA phone: 615-915-3204
      Location
      • Region: Pigeon Forge

      Financial & listing details

      • Price per square foot: $593/sqft
      • Tax assessed value: $226,800
      • Annual tax amount: $5,480
      • Date on market: 4/9/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $426,200

        $388,000 - $469,000

        $1,887/mo

        Price history

        Price history
        DateEventPrice
        4/9/2026Listed for sale$2,120,000+783.3%$593/sqft
        Source: GSMAR, GSMMLS #311192 Report a problem
        6/25/2019Sold$240,000-7.7%$67/sqft
        Source: GSMAR, GSMMLS #221960 Report a problem
        6/4/2019Pending sale$259,900$73/sqft
        Source: R n R Realty #221960 Report a problem
        4/21/2019Listed for sale$259,900$73/sqft
        Source: R n R Realty #221960 Report a problem
        2/8/2018Listing removed$2,441$1/sqft
        Source: Vacation Rental Pros Report a problem
        2/3/2018Price change$2,441+11.7%$1/sqft
        Source: Vacation Rental Pros Report a problem
        1/22/2018Price change$2,185-2.7%$1/sqft
        Source: Vacation Rental Pros Report a problem
        11/19/2017Price change$2,246-5%$1/sqft
        Source: Vacation Rental Pros Report a problem
        11/6/2017Price change$2,365+0.8%$1/sqft
        Source: Vacation Rental Pros Report a problem
        10/25/2017Price change$2,347-15.7%$1/sqft
        Source: Vacation Rental Pros Report a problem
        10/8/2017Price change$2,785+12.3%$1/sqft
        Source: Vacation Rental Pros Report a problem
        9/13/2017Listed for rent$2,479$1/sqft
        Source: Vacation Rental Pros Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,343 $90,720
        2024$1,343 $90,720
        2023$1,343 +60%$90,720 +60%
        2022$839 $56,700
        2021-- $56,700 +70.8%
        2020$618 $33,200
        2019$618 $33,200
        2018$618 -0.1%$33,200
        2017$618 $33,200
        2016$618 $33,200 +7.5%
        2015-- $30,875 +0%
        2014$503 $30,872
        2013$503 $30,872
        2012$503 $30,872
        2011$503 $30,872
        2010-- $30,872 -41.5%
        2009$812 $52,739
        2008$812 $52,739
        2007$812 +14.9%$52,739
        2006$707 -19.3%$52,739
        2005$875 +41.7%$52,739 +41.7%
        2004$618 +14.5%$37,214
        2002$540 $37,214
        2001-- $37,214

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $12,145/mo
        Principal & interest
        $10933
        HOA Fees
        $753
        Property taxes
        $459
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