A specially designed tendon, which is proposed by embedding an FBG sensor into the center king cable of a 7-wire strand tendon, was applied to monitor the prestress force and load transfer of ground anchor. A series of tensile tests and a model pullout test were performed to verify the feasibility of the proposed smart tendon as a measuring sensor of tension force and load transfer along the tendon. The smart tendon has proven to be very effective for monitoring prestress force and load transfer by measuring the strain change of the tendon at the free part and the fixed part of ground anchor, respectively. Two 11.5 m long proto-type ground anchors were made simply by replacing a tendon with the proposed smart tendon and prestress forces of each anchor were monitored during the loading-unloading step using both FBG sensor embedded in the smart tendon and the conventional load cell. By comparing the prestress forces measured by the smart tendon and load cell, it was found that the prestress force monitored from the FBG sensor located at the free part is comparable to that measured from the conventional load cell. Furthermore, the load transfer of prestressing force at the tendon-grout interface was clearly measured from the FBGs distributed along the fixed part. From these pullout tests, the proposed smart tendon is not only expected to be an alternative monitoring tool for measuring prestress force from the introducing stage to the long-term period for health monitoring of the ground anchor but also can be used to improve design practice through determining the economic fixed length by practically measuring the load transfer depth.