$1,299,000
Welcome to Raccoon Ridge, a remodeled 6-bedroom, 5 full bath cabin showcasing spectacular, sweeping Smoky Mountain views from its elevated setting in the highly desirable Sherwood Forest Resort, just minutes from Pigeon Forge. Grandfathered to sleep 18, this cabin has been refreshed to compete in today's market and already has $102,389 on the books, with projected gross revenue of $150,000-$195,000 with the right design, amenities, and management strategy.
Those incredible mountain views continue across three levels of covered decks, complete with rocking chairs, a six person hot tub, and plenty of outdoor gathering space. Inside, cathedral ceilings, expansive windows, a stone fireplace, multiple living areas, and a fully equipped kitchen featuring granite countertops and stainless steel appliances provide plenty of room for large groups. The lower level is designed for entertaining, featuring a stylish wet bar and additional gathering space perfect for game nights and relaxing after a day in the Smokies. Entertainment continues with Golden Tee, Silver Strike Bowling, Target Toss Pro, PowerPutt Golf, multicade arcade games, Tic Tac Toe basketball, a regulation pool table, dartboard, and multiple TVs. Guests also enjoy seasonal access to the Sherwood Forest community pool.
Located less than six miles from Dollywood and under five miles from The Island, Raccoon Ridge combines incredible views, an excellent location, large group capacity, and significant revenue upside with additional improvements. With strategic design and amenity enhancements, this cabin has the potential to become an even stronger performer in the competitive Smoky Mountain rental market.
6
Beds
⋅
5
Baths
⋅
313161
MLS
⋅
ACTIVE
Status
4664 Nottingham Heights Way, Pigeon Forge