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709 Gray Hawk Way, Pigeon Forge, TN, 37863

2beds
3baths
1,500sqft
$499,900
$333price/sqft
$3,518/moest. monthly cost
$140,720/yrincome needed

About This Home

Turn-Key Investment Cabin in Prime Pigeon Forge Location | Split Bedroom Floor Plan | 2.5 Baths | Established Repeat Guest Base Don't miss this opportunity to own a beautifully maintained, income-producing cabin in the highly sought-after Eagles Ridge Resort--just minutes from the Parkway, Dollywood, The Island, and the entrance to the Great Smoky Mountains National Park. Located on a quiet no-thru street, the cabin features a desirable split bedroom floor plan that provides added privacy for guests traveling together--an important factor for maximizing rental appeal. The spacious layout includes LVP flooring, a cozy gas fireplace, and a fully equipped kitchen, creating a comfortable and inviting space for guests. Outdoor living is a highlight, with a front deck overlooking a peaceful wooded setting and a screened-in back deck featuring a hot tub and grill--perfect for relaxing after a day exploring the Smokies. The property is connected to city utilities, offering dependable service and lower maintenance compared to cabins on well and septic systems. Guests also benefit from ample parking and easy paved access with minimal steep roads. Ideally located near major event venues including The LeConte Center and The Ripken Experience, the cabin sits in one of Pigeon Forge's strongest year-round rental corridors. Property Highlights Split bedroom layout for enhanced guest privacy Spacious decks for outdoor relaxation and entertaining Screened deck with hot tub and grill City utilities for dependable service and lower maintenance Ample guest parking and easy paved access Prime location minutes from attractions and event venues Eagles Ridge Resort remains one of Pigeon Forge's most consistently booked rental communities thanks to its convenient location near the Parkway while still offering the peaceful wooded setting guests love.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
4/10
6/10
Pigeon Forge High SchoolGrades 10-121.2 mi

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Shingle
  • Construction materials: Log,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Log
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Range,Microwave,Refrigerator,Oven,Washer

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • High Ceilings,Ceiling Fan(s),Walk-In Closet(s),High Speed Internet
  • Flooring: Carpet,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace: Yes

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: Eat-in Kitchen

Property

Details

  • Parcel number: 094G A 00100 156
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Deck,Screened,Covered
  • Exterior features: Gas Grill

Lot

  • Lot size: 36.40 Acres

Parking

  • Parking features: Asphalt

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 $2,527$30,324
Home Insurance $130$1,560
Property Taxes $686$8,232
Electricity $175$2,103
Total$3,518$42,216

Income You'd Need if You Spent...

35% on housing$120,617/yr
40% on housing$105,540/yr
45% on housing$93,813/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

$333This listing

vs Other Active Listings

Avg $/sqft

ZIP 37863$285
Sevier County$280

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
2026-06-05Price change$499,900
2026-03-15Listed for sale$525,000
2025-05-01Sold$465,000
2019-02-04Sold$203,000
2019-01-14Pending sale$219,000
2018-10-18Price change$219,000
2018-10-08Price change$224,000
2018-09-06Listed for sale$229,000
2017-12-01Sold$175,000
2014-08-15Sold$140,000
2014-07-27Pending sale$145,900
2014-04-29Listed for sale$145,900
2013-01-06Listing removed$169,900
2012-06-29Listed for sale$169,900
2009-11-21Listing removed$195,000
2009-07-14Listed for sale$195,000

For Sale by Agent

AgentSusan Nottingham
BrokerageSummit Real Estate

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