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CAM02895G0-PR0114-BUILD01 - 1640 Falls Way, Pigeon Forge
CAM02895G0-PR0114-BUILD01-FLOOR_NEG01 - 1640 Falls Way, Pigeon Forge
CAM02895G0-PR0114-BUILD01-FLOOR00 - 1640 Falls Way, Pigeon Forge
28 photos

$579,000

1640 Falls Way
Pigeon Forge, TN 37863
Listed by Lesley Adams · Homes of The Smokies LLC
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
2020

About this home

Currently generating approximately $75,000 in annual gross rental income! Fantastic location in the heart of Pigeon Forge! Located in the popular Bear Cove Falls Resort, just minutes from Dollywood, the Parkway, shopping, dining, and attractions. This cabin offers two levels of comfortable living space with three private bedrooms, an additional bunk room/den, and two full bathrooms. The inviting open living area features an electric fireplace, comfortable furnishings, and a fully equipped kitchen with stainless steel appliances and breakfast bar seating. Enjoy the covered porch, private hot tub, outdoor seating, and access to the community's seasonal swimming pool. Easy access with paved roads, no steep mountain climbs, and parking for four vehicles. City water and sewer! Conveniently located for enjoying everything the Smokies have to offer, whether as a personal getaway or investment property.

Highlights

Fireplace

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1360738
Property type
Single Family Residence
Subdivision
Bear Cove Falls Ph3
Status
Active
Days on market
1
On market date
November 1, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.2 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Pigeon Forge Intermediate
3.09 mi away · Grades 3-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
414
Student:teacher ratio
15.3:1
District
Sevier County
Middle
Pigeon Forge Junior High School
2.65 mi away · Grades 7-9
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
453
Student:teacher ratio
11.0:1
District
Sevier County
High
Pigeon Forge High School
2.79 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
430
Student:teacher ratio
10.2:1
District
Sevier County

Walkability

Blended score for Pigeon Forge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

14
Very car-dependent
out of 100
EPA National Walkability Index
4.0 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Pigeon Forge, from live MLS data.

On the market 1 days -- 109 fewer days than Pigeon Forge's current average of 110 days.
For reference, the median list price across 236 active listings in Pigeon Forge right now is $530,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$3,637/mo
$115,800 down
$463,200 loan
Principal & interest$3,004
Property tax (est.)$483
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS. Last updated 5 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.