3531 Peggy Lane, Pigeon Forge, TN 37863

$742,500
5
BD
5
BA
2,856
SqFt

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Sold Price
$742,500
List Price
$779,900
Closing Date
Aug 31, 2026
MLS#
1338304
Status
CLOSED
Type
Single Family Residential
City
Pigeon Forge
County
Sevier
Bedrooms
5
Bathrooms
5
Baths Full
5
Living Area
2,856
Year Built
2008

Property Description

INCOME-PRODUCING 5BR/5BA LUXURY LODGE CABIN WITH GAMEROOM, TWO LIVING AREAS, AND THREE LEVELS OF EXPANSIVE COVERED DECKING IN THE HEART OF PIGEON FORGE! CITY UTILITIES AND HIGH-SPEED INTERNET--A RARE FIND FOR INVESTORS! Being sold fully furnished and turnkey, this cabin is ready to generate income from day one. Designed with the overnight rental market in mind, the property comfortably sleeps up to 12 guests and offers the space, layout, and amenities today's vacationers are actively searching for. Inside, you'll find warm hardwood flooring, tongue-and-groove walls, and a spacious main-level living room featuring a stunning stone gas fireplace and ample seating for large groups. The open-concept layout flows into a fully equipped kitchen with snack bar seating and a generous dining area--ideal for hosting families and groups. All five bedrooms feature King beds and flat-screen TVs, with most offering private en-suite bathrooms, providing comfort and privacy for guests. The lower level is built for entertainment, featuring a full game room with pool table, multi-arcade system, and additional hangout space that keeps guests engaged rain or shine. Step outside to enjoy three levels of covered decking, complete with a hot tub, outdoor dining area, grill, and multiple seating options including classic rocking chairs and custom swings--perfect for relaxing after a day in the Smokies. Ample parking and an unbeatable location just ONE MILE OFF THE PARKWAY make this property incredibly convenient to Dollywood, dinner shows, shopping, and more. You're also just a short drive to Great Smoky Mountains National Park for hiking, sightseeing, and outdoor adventures. This is the kind of cabin that checks all the boxes for a high-performing STR--location, layout, and amenities. Don't miss this opportunity!

Additional Information

Acres
0.45
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer
Basement
Yes
Construction
Block, Frame, Log, Wood Siding
Cooling
Central Air
Fireplace
Yes
Floors
Hardwood
Garage
Off Street
Living Area
2,856
Lot Description
Wooded
Lot Dimensions
66.27 x 132.88 IRR
Style
Log, Cabin
Subdivision
Memory Mountain Retreat
View
Mountain View
Year Built
2008
Subdivision
Memory Mountain Retreat
Heating
Central, Electric
Num Of Rooms
11
Restrictions
Yes
Fireplaces
1
Hoa
No
Bonus Room
Yes
Water
Public
Sewer
Public Sewer

Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.

How It Works

Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.

Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.

Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.

Frequently Asked Questions

Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.

Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.

Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.

Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.

Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578

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Listing courtesy of Tennessee Elite Realty. Selling Office: .

Agent: Charity Brown |

Office: Tennessee Elite Realty |