655 Gatlinburg Falls Way

Gatlinburg, TN
$ 1,228,900 Beds 4 Baths 4 Sq 3,744
Monthly Estimate* How much can I afford?

Welcome to 655 Gatlinburg Falls Way, an exceptional, income-producing luxury cabin located in the highly sought-after Gatlinburg Falls Phase 1 subdivision in the heart of Gatlinburg. This beautifully decorated tri-level property offers the perfect blend of upscale mountain living and high-performing short-term rental investment. Designed with both comfort and entertainment in mind, this spacious cabin features multiple bedrooms each with its own cozy fireplace, providing a premium guest experience and strong repeat rental appeal. The open-concept main living area showcases granite countertops, stainless steel appliances, and ample space for hosting large groups. Entertainment is unmatched with a dedicated theater room and an action-packed game room, making this property a top choice for vacationers seeking a full experience. The fully finished layout offers generous sleeping capacity, ensuring maximum occupancy potential and excellent ROI. Located on wide, easily accessible roads within Gatlinburg Falls Resort, guests enjoy convenient year-round access along with access to a well-maintained outdoor swimming pool--an attractive amenity that enhances rental demand. Positioned just minutes from downtown Gatlinburg and only 6 miles to Pigeon Forge, this prime location places guests near top attractions, dining, and entertainment while still offering the privacy and charm of a mountain retreat. Turnkey, fully furnished, and rental-ready, this property is an outstanding opportunity for investors or buyers seeking a high-performing vacation home in one of the Smokies' most desirable resort communities. Schedule your showing today and capitalize on this income-producing property in a premier location.

Active

  • Price
  • $ 1,228,900
  • City
  • Gatlinburg
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • Sevier
  • Half Bathrooms
  • 0
  • Area
  • Gatlinburg
  • Lot Size
  • 0.01 Acres
  • Zip
  • 37738
  • Sqr Footage
  • 3,744
  • Year Built
  • 2018
  • Taxes
  • $ 1613
  • Style
  • MLS#
  • 311194
Listed By: eXp Realty, LLC 7720
Data Source: Great Smoky Mountains MLS (GSMMLS)

Features

General

Sewer Public Sewer
Heating Electric
Cooling Heat Pump
Utilities Cable Available,Electricity Available,Internet Available
Possession Close Of Escrow
Appliances Dishwasher,Dryer,Electric Range,Microwave,Refrigerator,Washer
Zoning R-1
HOA Fee 291.46
Patio/Porch Features Covered,Deck,Porch
Architectural Style Cabin,Log
Pool Features Association
Construction Materials Frame,Log
Year Built 2018
Levels Tri-Level
Property Subtype Single Family Residence
Tax Year 2019
Assoc Fee Paid Per Monthly
County Sevier
New Construction false
Property Type Residential
HOA true
Attached Garage false
Subdivision Name Gatlinburg Falls
Garage Y/N false
Full Baths 4
Status Active
Directions From traffic light No.1 in Gatlinburg, take Dudley Creek Bypass. At the 3-way stop, veer left, then turn right onto Hidden Valley Road. Gatlinburg Falls Resort will be on the left.
High School GatlinburgPittman High
City Gatlinburg
Association Name Wise Property Solutions
MLS Area Gatlinburg
Lot Size Units Acres
Lot Size Square Feet 435.6
Elementary School Pi Beta Phi Elementary
Tax Annual Amount 1613.85
MLS Area Minor Gatlinburg
Standard Status Active
Tax Lot /23
Occupancy Either

Interior Features

Interior Amenities Cathedral Ceiling(s),Great Room,Soaking Tub
Basement Basement,Finished
Flooring Vinyl
Total Fireplaces 5
Fireplace Features Electric
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 2808
Laundry Features Inside,Laundry Room,Lower Level
Total Bedrooms 4
Below Grade Finished Area 936
Total Baths 4

Exterior Features

Parking Features Additional Parking,On Street
Water Source Public
Lot Size Area 0.01
Building Area Total 3744
Lot Size Acres 0.01

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Dandridge, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Pi Beta Phi Elementary Elementary School
Middle School Gatlinburg-Pittman Junior High Middle School
High School GatlinburgPittman High High School

Price History

4/9/2026 Listed $1,228,900

Property vs Zip Code Average in 37738

Price
AVG $900K
$1.23M
Taxes
AVG $2,550
$1,613
Year Built
AVG 2003
2018

Areas That We Cover

655 Gatlinburg Falls Way Gatlinburg, TN is a Single Family Home for sale at $1228900 with 3744 sqft and a lot size of 0.01 Acres Acre(s). 655 Gatlinburg Falls Way Gatlinburg has 4 bedrooms, 4 baths and was built in 2018. The property's zip code is 37738 which is in Gatlinburg, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.