Step into a proven income-producing property in the heart of Pigeon Forge! This beautifully renovated 2-bedroom, 1-bath home holds a 4.99 star short-term rental rating, showing its strong appeal to guests and repeat visitors. Just 1.3 miles from Dollywood, 1 mile from The Island, and only 0.4 miles from the Parkway, the location couldn't be better—right in the middle of one of the most popular tourist destinations in the Smokies. Guests love the private patio with hot tub, outdoor TV, and seating area, plus the bonus of a storage shed. The home is being sold as-is, fully furnished and turnkey, making it easy for an investor to step right in. In 2024 alone, this property brought in over $40K in rental income, even with the owner blocking off 40% of the calendar for personal use. With full availability, the potential for significantly higher returns is clear. Whether you're expanding your STR portfolio or entering the market for the first time, this property checks all the boxes: outstanding guest satisfaction, unbeatable location, and proven revenue!
Single-familyProperty Type
1940Year Built
7,500 sq ftLot Size
$409Est. Price/Sq.Ft.
Listed by Kim Brown• ReMax Preferred Properties, Inc
Step into a proven income-producing property in the heart of Pigeon Forge! This beautifully renovated 2-bedroom, 1-bath home holds a 4.99 star short-term rental rating, showing its strong appeal to guests and repeat visitors. Just 1.3 miles from Dollywood, 1 mile from The Island, and only 0.4 miles from the Parkway, the location couldn't be better—right in the middle of one of the popular tourist destinations in the Smokies. Guests love the private patio with hot tub, outdoor TV, and seating area, plus the bonus of a storage shed. The home is being sold as-is, fully furnished and turnkey, making it easy for an investor to step right in. In 2024 alone, this property brought in over $40K in rental income—even with the owner blocking off 40% of the calendar for personal use. With full availability, the potential for significantly higher returns is clear. Whether you're expanding your STR portfolio or entering the market for the first time, this property checks all the boxes: outstanding guest satisfaction, unbeatable location, and proven revenue.
Knoxville MLS #1313334
Oct 7, 2025
Sold
$339,000
$389/sq ft
Sep 8, 2025
Contingent
—
Aug 26, 2025
Listed
$369,900
$424/sq ft
Knoxville MLS #1294043
Aug 9, 2025
Relisted
—
Jul 21, 2025
Contingent
—
Jul 21, 2025
Listing Removed
—
Jul 15, 2025
Price Changed
$349,900
$401/sq ft
Jun 25, 2025
Price Changed
$450,000
$516/sq ft
May 9, 2025
Price Changed
$399,000
$458/sq ft
Apr 4, 2025
Price Changed
$450,000
$516/sq ft
Mar 24, 2025
Listed
$475,000
$545/sq ft
Mar 20, 2025
Coming Soon
*
GSMAR #305545
Jul 21, 2025
Pending
—
Jul 15, 2025
Price Changed
$349,900
$401/sq ft
Jun 25, 2025
Price Changed
$450,000
$516/sq ft
May 9, 2025
Price Changed
$399,000
$458/sq ft
Apr 4, 2025
Price Changed
$450,000
$516/sq ft
Mar 19, 2025
Listed
$475,000
$545/sq ft
REALTRACS as Distributed by MLS Grid #2500256
Sep 30, 2021
Sold
$71,800
$82/sq ft
GCAR #1342476
Sep 30, 2021
Sold
$71,800
$82/sq ft
Sep 2, 2021
Delisted
—
Sep 2, 2021
Price Changed
$72,000
$83/sq ft
Sep 1, 2021
Listed
$65,000
$75/sq ft
Public Records
May 26, 2011
Sold
$400,000
$459/sq ft
Public Records
Apr 4, 1991
Sold
$37,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,032
2024
$1,032 (+901.9%)
2023
$103
2022
$103
2021
$103 (−22.0%)
2020
$132
2019
$132
2018
$132
2017
$132 (+0.8%)
2016
$131 (−1.5%)
2015
$133 (+13.7%)
2014
$117
Tax history for 2589 Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,032
2024
$1,032 (+901.9%)
2023
$103
2022
$103
2021
$103 (−22.0%)
2020
$132
2019
$132
2018
$132
2017
$132 (+0.8%)
2016
$131 (−1.5%)
2015
$133 (+13.7%)
2014
$117
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
116 ft.
Lot depth
46 ft.
Lot size
5,336 Sq. Ft.
Year renovated
1995
Sq. Ft.
872
Year built
1940
Style
Single Family Residential
County
Sevier County
APN
094D A 00300 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
R-2
High Density Residential District
It is the purpose and intent of this district to provide areas for high density residential development plus open areas where similar development is likely to occur. Professional services are permitted in the district provided that they meet applicable standards, are limited so as not to encourage general commercial activity, and are located on a major street as noted on the major road plan.
Directions: South on US 441 (Parkway) in Pigeon Forge, turn onto Teaster Ln to Left on Ridge Rd, house on immediate Right. North on US 441 (Parkway) in Pigeon Forge, turn Right on Old Mill Ave to Left on Teaster, to house on immediate Right. From Dolly Parton Parkway (Sevierville) take Veterans Blvd (past Dollywood) to Right on Teaster, to Right on Ridge Rd, house on immediate Right.