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For Sale

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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Logan Smith

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

  • Floor Plan per Level (PDF)opens in new window
  • 129 Sugarfoot Way OM Compressed (PDF)opens in new window
  • Site Plan (PDF)opens in new window

Getting Around

  • Walk Score ®

    Somewhat Walkable (56)
  • Bike Score ®

    Bikeable (67)
Powered by Walk Score ®

Location

  • City Pigeon Forge, TN
  • Zip Code 37863
  • Market Knoxville
  • Map
  • Street

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.

Contact Listing Broker
broker
Logan Smith

MG Rise Realty

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