$1,227,900
About this home
Welcome to 655 Gatlinburg Falls Way, an exceptional, income-producing luxury cabin located in the highly sought-after Gatlinburg Falls Phase 1 subdivision in the heart of Gatlinburg. This beautifully decorated tri-level property offers the perfect blend of upscale mountain living and high-performing short-term rental investments. Designed with both comfort and entertainment in mind, this spacious cabin features multiple bedrooms each with its own cozy fireplace, providing a premium guest experience and strong repeat rental appeal. The open-concept main living area showcases granite countertops, stainless steel appliances, and ample space for hosting large groups. Entertainment is unmatched with a dedicated theater room and an action-packed game room, making this property a top choice for vacationers seeking a full experience. The fully finished layout offers generous sleeping capacity, ensuring maximum occupancy potential and excellent ROI. Located on wide, easily accessible roads within Gatlinburg Falls Resort, guests enjoy convenient year-round access along with access to a well-maintained outdoor swimming pool--an attractive amenity that enhances rental demand. Positioned just minutes from downtown Gatlinburg and only 6 miles to Pigeon Forge, this prime location places guests near top attractions, dining, and entertainment while still offering the privacy and charm of a mountain retreat. Turnkey, fully furnished, and rental-ready, this property is an outstanding opportunity for investors or buyers seeking a high-performing vacation home in one of the Smokies' most desirable resort communities. Schedule your showing today and capitalize on this income-producing property in a premier location.
Highlights
Property details
- MLS #
- 1335633
- Property type
- Single Family Residence
- Subdivision
- Gatlinburg Falls Phase 1
- Status
- Active
- Days on market
- 134
- On market date
- April 9, 2026
- Stories
- N/A
- Total bathrooms
- 4
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.01 acres
Location
Get directions →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 (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 316
- Student:teacher ratio
- 11.3:1
- District
- Sevier County
- Enrollment
- 410
- Student:teacher ratio
- 12.4:1
- District
- Sevier County
- Enrollment
- 388
- Student:teacher ratio
- 10.8:1
- District
- Sevier County
Walkability
Blended score for Gatlinburg'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).
Market position
How this listing compares to current activity in Gatlinburg, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated July 17, 2026.
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.