




645 Chickasaw Gap Way, Pigeon Forge, TN, 37863
About This Home
This beautifully updated 1-bedroom, 2-bath cabin in the Arrowhead Resort of Pigeon Forge presents a strong short-term rental opportunity with both location and performance on its side. With proven income of $55,354 in 2025, and $59,710 from May 25' to May 26', this cabin is situated less than five minutes from the Parkway and inside the city limits, the home's convenience to top attractions like Dollywood, The Island, and Gatlinburg is a major draw for guests, while its resort setting with city utilities, paved roads, and seasonal shared pool enhances year-round appeal. The layout includes a spacious main level with a full kitchen, dining area, living room, and half bath, and the upper level features a large suite with direct access to a screened porch and private hot tub. At approximately 1,100 square feet over two stories, the design maximizes comfort and functionality for couples, small families, or groups of up to four. This cabin has been comprehensively remodeled with high-impact upgrades that resonate with today's guests and reduce future maintenance. Recent improvements include new flooring, new granite countertops, a new shower, the addition of a half bath, a new refrigerator, mini-split A/C added upstairs, a new HVAC system, fresh exterior stain, new porch steps, all new light and plumbing fixtures, and entirely new furniture. Entertainment amenities such as a pool table and classic arcade game add to the guest experience and support strong occupancy and repeat bookings. A screened porch off the suite expands the livable space and provides a private place to relax in the hot tub after a day exploring the Smoky Mountains. Arrowhead Resort offers an indoor pool, outdoor pool, playgrounds, and a neighborhood atmosphere that guests appreciate while still being minutes from dining, shopping, and entertainment. With a solid short-term rental history and a turnkey setup ready to continue producing income, this cabin is equally appealing as an income-producing investment or a vacation home that pays for itself. Its location, updates, and thoughtful layout give it an edge in a competitive STR market and make it a compelling purchase for buyers focused on both lifestyle and financial performance.
Getting Around
Schools
Construction
Condition
- Year built: 2006
Materials
- Construction materials: Block,Frame,Log
Type & Style
- Home type: SingleFamily
- Architectural style: Cabin,Log
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Eat-in Kitchen
- Flooring: Tile
- Number of fireplaces: 1
- Fireplace features: Electric
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
Property
Details
- Parcel number: 094G E 001.00
Lot
- Lot size: 435.60 sqft
- Features: Other
Parking
- Parking features: Off Street,Main Level
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
- Cold Wave
- Inland Flooding
- Landslide
- Strong Wind
- Tornado
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,133 | $25,596 |
| Home Insurance | $110 | $1,320 |
| Property Taxes | $579 | $6,948 |
| Electricity | $175 | $2,103 |
| Total | $2,997 | $35,964 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Price change | $422,000 |
| 2026-04-10 | Price change | $424,000 |
| 2026-03-27 | Price change | $434,000 |
| 2026-03-23 | Listed for sale | $439,000 |
| 2026-02-20 | Pending sale | $439,000 |
| 2026-02-06 | Price change | $439,000 |
| 2026-01-16 | Listed for sale | $445,000 |
| 2026-01-04 | Listing removed | -- |
| 2025-12-27 | Listed for sale | $449,000 |
| 2025-12-02 | Listing removed | $438,900 |
| 2025-11-20 | Price change | $438,900 |
| 2025-10-22 | Price change | $439,000 |
| 2025-10-21 | Price change | $454,900 |
| 2025-09-03 | Price change | $455,900 |
| 2025-08-08 | Price change | $456,900 |
| 2025-07-24 | Price change | $457,900 |
| 2025-07-01 | Price change | $458,900 |
| 2025-06-13 | Price change | $459,900 |
| 2025-06-01 | Price change | $469,900 |
| 2025-05-26 | Listed for sale | $469,000 |
| 2024-03-29 | Listing removed | -- |
| 2022-07-01 | Listing removed | $679,000 |
| 2022-02-06 | Price change | $679,000 |
| 2022-01-20 | Listed for sale | $749,000 |
| 2020-05-29 | Listing removed | $220,000 |
| 2020-05-28 | Sold | $216,000 |
| 2018-06-22 | Sold | $174,500 |
| 2011-06-06 | Sold | $170,000 |
