129 Sugarfoot Way
129 Sugarfoot Way, Pigeon Forge, TN 37863
Welcome to 129 Sugarfoot Way, a brand‑new 16‑unit condominium complex strategically located in the heart of Pigeon Forge, Tennessee—one of the Southeast’s most dynamic tourism and investment markets. Nestled just minutes from the Parkway, Dollywood, and The Island, this property also enjoys walkable access to Publix grocery store, the popular Lumberjack Feud Show, a cluster of shops including the Pigeon Forge Cinema, and the Pigeon Forge Community Center with recreation facilities and pools. This unbeatable combination of convenience and entertainment offers unmatched appeal. Designed with modern efficiency and investor appeal in mind, the complex has never been occupied, ensuring low deferred maintenance and immediate income potential. Its location in Sevier County— welcoming over 13 million visitors annually—positions it as a rare opportunity for both short‑term rental operators and long‑term multifamily investors seeking premium returns. Unit Breakdown
• 1-Bedroom Units (760 sq. ft.) Perfect for couples, professionals, or short‑term rental guests seeking affordability and convenience.
• 2-Bedroom Units (1,065 sq. ft.) Spacious layouts ideal for small families or extended stays, balancing comfort with strong rental demand.
• 3-Bedroom Units (1,213 sq. ft.) Premium units designed for larger families or group rentals, maximizing nightly rates and long‑term tenant appeal. This thoughtful mix of unit sizes ensures broad marketability across multiple tenant and guest demographics.
Investment & ROI Potential
• Pro‑forma ROI: 19.25% Backed by strong rental demand, premium nightly rates, and minimal operating costs due to new construction.
• Flexibility of Strategy:
• Operate as a short‑term rental hub to capture tourism dollars.
• Lease as long‑term multifamily units for stable cash flow.
• Pursue a condo conversion strategy, selling units individually at a premium.
• Scarcity Value: With limited new multifamily inventory in Pigeon Forge, this asset stands out as a rare, high‑yield opportunity.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
MG Rise Realty
Building Details
- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 16,783 SF
- Units 16
- Lot Size 0.43 Acre
- Zoning M 1
- # of Floors 5
- Year Built 2025
- Date Updated Oct 12, 2025
Attachments
Getting Around
-
Walk Score ®
Somewhat Walkable (56) -
Bike Score ®
Bikeable (67)
Location
- City Pigeon Forge, TN
- Zip Code 37863
- Market Knoxville
Points of Interest
Exxon
0.15 miles
Shell
0.20 miles
Tesla Supercharger
0.41 miles
Sunoco
1.25 miles
Marathon
1.35 miles
BP
2.00 miles
Parking Lot B
2.48 miles
Parking Lot D
2.53 miles
Splash Country Parking
2.54 miles
Parking Lot A
2.58 miles
Handicap Parking
2.61 miles
Gatlinburg Overlook Parking Area #1
7.12 miles
Public Parking
7.32 miles
Bear Skin Parking Lot
7.41 miles
Public Parking Garage
7.48 miles
Smoky Mountain Jeep Rentals
2.96 miles
Southland Car & Jeep Rentals
7.47 miles
73 Car Wash
7.50 miles
Rocky Top Adventure Rentals
7.59 miles
Dairy-O
0.07 miles
Harpoon Harry's Crab House - Pigeon Forge
0.10 miles
Five Guys
0.11 miles
No Way Jose's Cantina
0.13 miles
Calhoun's Restaurant
0.13 miles
Taco Bell
0.16 miles
Burger King
0.17 miles
Puckett's Restaurant - Pigeon Forge
0.21 miles
Mel's Classic Diner
0.23 miles
The Christmas Place
0.26 miles
Publix
0.31 miles
Moon Pie General Store and Original Book Warehouse
1.30 miles
The Old Mill Square
1.85 miles
Ogle Brothers General Store
1.87 miles
The Old Mill General Store
1.90 miles
Food City
2.23 miles
Walmart Supercenter
2.27 miles
Governor's Crossing Mall
2.30 miles
Walgreens
1.23 miles
Pigeon Forge Fire Department Station 2
2.48 miles
Village First Aid
2.72 miles
Sevierville Fire Stateion No. 2
2.74 miles
First Aid
2.90 miles
Somkey Mountain Urgent Care
3.41 miles
Sevierville Police Department
4.24 miles
LeConte Medical Center
4.25 miles
Sevier County Sheriff Department
4.30 miles
129 Sugarfoot Way Listing Summary
-
What is the asking price at 129 Sugarfoot Way?
The asking price for 129 Sugarfoot Way is currently available on demand. Contact the listing broker for details.
-
What is the total size of 129 Sugarfoot Way?
129 Sugarfoot Way has a total of 16,783 square feet.
-
What is the year built for 129 Sugarfoot Way?
The year built for 129 Sugarfoot Way is 2025.
MG Rise Realty