Pigeon Forge, TN
$2,300,000
Property Type:
Residential
Bedrooms:
12
Baths:
16
Square Footage:
9,216
Lot Size (sq. ft.):
52,708
Status:
Active
Current Price:
$2,300,000
List Date:
10/14/2025
Last Modified:
1/12/2026
Description
This is an incredible investment opportunity right in the heart of Pigeon Forge! Featuring four brand-new, turnkey townhomes, this property offers versatility and strong income potential—ideal for both short-term and long-term rentals. Perfectly positioned on Teaster Lane, you're just moments away from The Island, the Pigeon Forge Convention Center, and Dollywood. Each unit is thoughtfully designed with beautiful views from the front balcony and a back deck surrounded by a peaceful wooded setting.
Every townhome spans three stories and includes a spacious garage, 3 bedrooms, 2 full baths, and 2 half baths, with one conveniently located in the garage on the main level. The second floor showcases a bright, open-concept living area featuring modern finishes, large windows, and a warm, inviting fireplace. Upstairs, you'll find three spacious bedrooms, including one with bunk beds to maximize sleeping capacity, plus luxury tile walk-in showers and ample closet space.
This is truly a rare chance to own four stunning, income-producing properties in one of the most sought-after areas of the Smokies—completely turnkey and ready to start generating revenue from day one.
More Information MLS# 308648
Location, Tax, and Legal
New Construction YN: Yes
New Construction Start Date: 2024-06-03
Estimated Completion Date: 2025-06-02
Restrictive Covenants YN: Yes
Zoning: C6
Zoning Entity: City of Pigeon Forge
Parcel Number: 094D A 014.00
Tax Lot: n/a
Tax Annual Amount: 1378.27
Tax Year: 2024
City Tax: 138.4
County Tax: 1239.87
Contract Information
Sold Before Listed: No
Auction YN: No
Owner Name: Derosia
Listing Agreement: Exclusive Right To Sell
Occupancy: Either
Association YN: No
Current Price: $2,300,000
Original List Price: 2599000
List Price: $2,300,000
Status: Active
Listing Contract Date: 2025-10-13
General Property Information
Stories Total: 3
Lot Size Acres: 1.21
Above Grade Finished Area: 9216
Below Grade Finished Area: 0
Garage YN: Yes
Bathrooms Half: 8
Garage Spaces: 4
Fireplace YN: Yes
Bonus Room YN: No
Furnished: Furnished
Sign On Property YN: Yes
Construction Type: Site Built
View YN: Yes
List Price/SqFt: 249.57
Living Area: 9216
Bedrooms Total: 12
Bathrooms Total: 16
Bathrooms Full: 8
Year Built: 2025
Remarks and Miscellaneous
Public Remarks: This is an incredible investment opportunity right in the heart of Pigeon Forge! Featuring four brand-new, turnkey townhomes, this property offers versatility and strong income potential—ideal for both short-term and long-term rentals. Perfectly positioned on Teaster Lane, you're just moments away from The Island, the Pigeon Forge Convention Center, and Dollywood. Each unit is thoughtfully designed with beautiful views from the front balcony and a back deck surrounded by a peaceful wooded setting.
Every townhome spans three stories and includes a spacious garage, 3 bedrooms, 2 full baths, and 2 half baths, with one conveniently located in the garage on the main level. The second floor showcases a bright, open-concept living area featuring modern finishes, large windows, and a warm, inviting fireplace. Upstairs, you'll find three spacious bedrooms, including one with bunk beds to maximize sleeping capacity, plus luxury tile walk-in showers and ample closet space.
This is truly a rare chance to own four stunning, income-producing properties in one of the most sought-after areas of the Smokies—completely turnkey and ready to start generating revenue from day one.
Directions: Head west on Dolly Parton Pkwy toward Industry Dr, Turn left onto Veterans Blvd, Turn right onto Teaster Ln, Destination will be on the right
Status Change Information
Status Change Timestamp: 2025-10-14
Major Change Timestamp: 2025-12-08T19:20:47Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-12-08T19:20:47Z
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Self Cleaning Oven: 1
Washer: 1
Architectural Style
Townhouse: 1
Construction Materials
Other: 1
Cooling
Central Air: 1
Current Use
Investment: 1
Documents
TN Confirmation of Agency: 1
TN Prop Residential Condition Disc or Ex: 1
Exterior Features
Lighting: 1
Rain Gutters: 1
Fireplace Features
Fireplaces Total: 4
Electric: 1
Flooring
Luxury Vinyl: 1
Heating
Central: 1
Interior Features
Ceiling Fan(s): 1
Formal Dining: 1
Solid Surface Counters: 1
Walk-In Closet(s): 1
Walk-In Shower(s): 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Levels
Three Or More: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Views: 1
Parking Features
Driveway: 1
Garage: 1
Patio And Porch Features
Deck: 1
Possession
Close Of Escrow: 1
Property Condition
New Construction: 1
Road Surface Type
Paved: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
View
City: 1
Mountain(s): 1
Trees/Woods: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Location Tax and Legal
County: Sevier
State: TN
Property Sub Type: Multi Family
MLS Area Major: Pigeon Forge
Subdivision Name: None
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Self Cleaning Oven; Washer
Architectural Style: Townhouse
Construction Materials: Other
Cooling: Central Air
Current Use: Investment
Documents: TN Confirmation of Agency; TN Prop Residential Condition Disc or Ex
Exterior Features: Lighting; Rain Gutters
Fireplace Features: Electric
Flooring: Luxury Vinyl
Heating: Central
Interior Features: Ceiling Fan(s); Formal Dining; Solid Surface Counters; Walk-In Closet(s); Walk-In Shower(s)
Laundry Features: Electric Dryer Hookup; Washer Hookup
Levels: Three Or More
Listing Terms: 1031 Exchange; Cash; Conventional
Lot Features: Views
Parking Features: Driveway; Garage
Patio And Porch Features: Deck
Possession: Close Of Escrow
Property Condition: New Construction
Road Surface Type: Paved
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Connected; Sewer Connected; Water Connected
View: Mountain(s); Trees/Woods
Water Source: Public
Showing Requirements: Call Listing Agent
Documents
Listing Office:
Smoky Mountain Real Estate Cor
Last Updated: January - 12 - 2026
Information deemed reliable but not guaranteed.
TN Confirmation of Agency ›