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844 Osprey Way, Pigeon Forge, TN, 37863

4beds
3baths
1,680sqft
$729,000
$434price/sqft
$5,050/moest. monthly cost
$202,000/yrincome needed

About This Home

Back on the market at no fault of the seller or the cabin! If you're looking for a proven, high-performing short-term rental, this is it. This cabin generated $85,600 in just 9.5 months in 2025, with prior ownership reaching $110,000, demonstrating consistent, repeatable performance across multiple owners. Currently $54,000 in confirmed bookings for 2026. The property is self-managed, offering flexibility for a new owner to continue managing or transition to a management company. Seller is willing to assist with a smooth transition, including facilitating the transfer of upcoming reservations where possible (subject to guest approval and platform policies). Seller will also provide proven guest communication templates and systems to support a seamless continuation of operations. The home is backed by a perfect 5-star Airbnb rating, Guest Favorite status, and has just recently been recognized as a Top 1% home on Airbnb, a reflection of exceptional guest satisfaction, strong conversion, and premium positioning within the market. Ideally located just 1.4 miles from the Pigeon Forge Parkway and only 12 miles to the Great Smoky Mountains National Park, guests enjoy convenient access without steep or difficult mountain roads, a major advantage frequently noted in reviews. Guests have even mentioned seasonal views of Dollywood fireworks from the back deck. The property offers easy, reliable access, is connected to city water and sewer, and features flat parking for 3 vehicles, all highly desirable attributes for both guests and owners. The wooded mountain setting provides a private, relaxing atmosphere while remaining close to top attractions. This cabin is being sold fully furnished and turnkey, making it a seamless addition to any portfolio or an ideal entry into STR ownership. A new owner will have the opportunity to implement their own management and pricing strategies, while leveraging the property's proven performance history as a strong foundation. The interior is thoughtfully designed for both durability and guest appeal. The main level features a well-appointed kitchen with granite countertops, a comfortable living area with an electric stone fireplace, and access to a covered deck complete with a second fireplace, outdoor TV, and hot tub. A king bedroom, full bath, and in-unit washer/dryer complete this level. Upstairs, the home is designed for entertainment and group stays, featuring a game room with foosball and arcade games, along with three additional bedrooms and two full bathrooms. The layout comfortably accommodates 10-12 guests, maximizing rental potential. Whether you're expanding your portfolio or entering the STR space with a proven asset, this property offers documented income, strong guest demand, and immediate cash flow potential, with opportunities for further optimization under new ownership. Schedule your showing today.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
4/10
6/10
Pigeon Forge High SchoolGrades 10-121.3 mi

Construction

Condition

  • Year built: 2022

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Cabin,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Microwave,Refrigerator,Washer
  • Laundry features: In Unit,Main Level

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Number of fireplaces: 2
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,680

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,680
  • Total interior livable area: 1,680 sqft

Master Bedroom

  • Level: First

Property

Accessibility

  • Accessibility features: Accessible Entrance

Details

  • Parcel number: 094 06701 035
  • Zoning: R-2

Features

  • Levels: Two
  • Stories: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Landslide
Strong Wind
Tornado
Wildfire
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,686$44,232
Home Insurance $190$2,280
Property Taxes $999$11,988
Electricity $175$2,103
Total$5,050$60,600

Income You'd Need if You Spent...

35% on housing$173,142/yr
40% on housing$151,500/yr
45% on housing$134,666/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$434This listing

vs Other Active Listings

Avg $/sqft

ZIP 37863$283
Sevier County$279

vs Homes Sold Last Month

Median $/sqft

ZIP 37863$376
Sevier County$286

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Price change$779,000
2026-03-30Price change$789,000
2026-03-11Listed for sale$799,000
2026-02-18Pending sale$799,000
2026-02-02Listed for sale$799,000
2025-02-27Sold$719,000
2025-02-02Pending sale$739,000
2025-01-22Listed for sale$739,000
2023-10-24Sold$859,999
2021-01-22Sold$509,000

For Sale by Agent

AgentKaitlin Glenn
BrokerageeXp Realty, LLC 7720

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