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645 Chickasaw Gap Way, Pigeon Forge, TN, 37863

1beds
2baths
1,152sqft
$422,000
$366price/sqft
$2,997/moest. monthly cost
$119,880/yrincome needed

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

13
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

2/10
4/10
6/10
Pigeon Forge High SchoolGrades 10-121.7 mi

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
    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 $2,133$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...

35% on housing$102,754/yr
40% on housing$89,910/yr
45% on housing$79,920/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

$366This listing

vs Other Active Listings

Avg $/sqft

ZIP 37863$286
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
2026-04-30Price change$422,000
2026-04-10Price change$424,000
2026-03-27Price change$434,000
2026-03-23Listed for sale$439,000
2026-02-20Pending sale$439,000
2026-02-06Price change$439,000
2026-01-16Listed for sale$445,000
2026-01-04Listing removed--
2025-12-27Listed for sale$449,000
2025-12-02Listing removed$438,900
2025-11-20Price change$438,900
2025-10-22Price change$439,000
2025-10-21Price change$454,900
2025-09-03Price change$455,900
2025-08-08Price change$456,900
2025-07-24Price change$457,900
2025-07-01Price change$458,900
2025-06-13Price change$459,900
2025-06-01Price change$469,900
2025-05-26Listed for sale$469,000
2024-03-29Listing removed--
2022-07-01Listing removed$679,000
2022-02-06Price change$679,000
2022-01-20Listed for sale$749,000
2020-05-29Listing removed$220,000
2020-05-28Sold$216,000
2018-06-22Sold$174,500
2011-06-06Sold$170,000

For Sale by Agent

AgentMatt Maloney
BrokeragePrime Mountain Properties

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