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Pigeon Forge 37863
723 Nighthawk Way
Photo of 723 Nighthawk Way

14

Map

Photo of 723 Nighthawk Way
Photo of 723 Nighthawk Way
$1,253,900
● House - Off Market

723 Nighthawk Way

Pigeon Forge, TN 37863
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,700 Ft²
$6,202
Est. Monthly
$42
HOA / Fees

About This Property

PRE-CONSTRUCTION. Located in Eagles Ridge North in the heart of Pigeon Forge. This 2 bed-room and 2.5 bath-room custom built log cabin has all the amenities to offer. Offering luxury and location as well as a game room, theater room, hot tub, indoor heated POOL and all the furnishings. A great investment opportunity with rental projections from $140,000-$160,000 a year based off of similar cabins in the same resort. Call today to discuss your next investment.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$464
Property Type
House
Property Taxes
$3
HOA Dues
$42
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 7 days ago (Realtracs #RTC3613766)

Price History

Date / Event Date Event Price
May 14, 2025 Sold
Premium
Sold
Jan 29, 2025 Listed by King Real Estate Services, Inc. $1,253,900
Listed by King Real Estate Services, Inc.
Located in the original Eagles Ridge Resort just minutes from the parkway in Pigeon Forge. This 3 bedroom and 4.5 bathroom cabin is stunning. Each bedroom is a king suite with master bathrooms in each. An open living room, kitchen and dining area. Downstairs you will enjoy the INDOOR POOL, Game Room, Theater Room as well as a full bathroom. The two level deck offers plenty of entertainment areas. The upstairs deck has a fireplace, sitting area, dining area and a gas grill. The down level patio is equipped with a sitting area and a private setting for the hot tub. This cabin is a must see with many upgrades that you don't often find. Rental Projections well over $140,000. These numbers are based of identical cabins in the same resort. Call today to schedule your showing.
Sep 1, 2023 Listed by King Real Estate Services, Inc. $1,253,900
Listed by King Real Estate Services, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: EAGLES RIDGE RESORT
  • Land Acres: 0000001000
  • Standard Land Use Code: 8001
  • County Land Use Code: 00-V
  • State Land Use Code: C00
  • Legal Description 1: EAGLES RIDGE RESORT PB LM1 PG 87 LOT 62 PHASE 4

Neighborhood

  • School District Name: Sevier County School District
  • School Tax School District: 78576
  • Census Tract: 081002

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 094G
  • District: 05
  • Parcel: 094G-A-001.00-062
  • Lot: 62
  • Municipality: PIGEON FORGE
  • Latitude: 35.7868
  • Longitude: -83.5818

    Address

  • Full Address: 723 Nighthawk Way
  • Address - House Number: 723
  • Address - Street Name: Nighthawk
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Pigeon Forge
  • Zip Code: 37863

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,600
  • Tax Rate Code Area: 78A02

    Market Valuation

  • Market Total Value: $8,800
  • Market Land Value: $8,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,200
  • Assessed Land Value: $2,200

    Sales

  • Current Sale Recording Date: Feb 03, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 05, 1997
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pigeon Forge

Stats & Trends

Median Asking:

$562,500

Sale Price/ft²

$364

Below Asking

0.03%

Average Days on Market

104

Average Home Size

1636 ft²

Average Home Age

22.2 years

Currently For Sale

284 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Dustin Humphrey, King Real Estate Services, Inc.
Last Updated: 7 days ago
Data Source: Realtracs, MLS# RTC3613766
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 723 Nighthawk Way built and last sold?
The property at 723 Nighthawk Way was built in and last sold on Jan 1, 1970 for $40,000.
How much is this home worth?
The estimated value of the home located at 723 Nighthawk Way is $1,251,212.
What are some comparable homes to 723 Nighthawk Way?
There are currently no comparable homes to 723 Nighthawk Way.
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