realty-smokies

3729 Plaza Way, Pigeon Forge, TN 37863

$6,300,000
Property Type: Commercial Sale Square Footage: 27,987 Lot Size (sq. ft.): 249,163 Status: Active
Current Price: $6,300,000 List Date: 1/29/2026 Last Modified: 1/29/2026

Overview

Description

Pinecrest Townhomes is a 21-unit townhome community located in Pigeon Forge, TN, directly adjacent to Dollywood. The property currently operates as short-term rentals but offers multiple use options, including continued vacation rental operations, conversion to traditional apartments, or individual sale as condominium units. All units are two-bedroom, two-and-a-half-bath townhomes and the current owners have recently completed over $1.5 million of capital expenditures. Each unit features a washer and dryer, fireplace, and private balcony. The community includes a firepit and grilling area, as well as shared ownership in an adjacent HOA that provides access to the clubhouse and indoor swimming pool.

Listing Details MLS# 309955

General Property Information

Number Of Buildings
4
Stories Total
2
Lot Size Acres
5.72
Lot Size Source
Public Records
Living Area
27987
Building Area Source
Public Records
Parking Total
21
Year Built
1984
Bonus Room YN
No
Sign On Property YN
No
Construction Type
Site Built
Waterfront YN
No
List Price/SqFt
225.1

Property Features

Association Amenities: Clubhouse Community Features: Clubhouse; Pool Construction Materials: Frame Cooling: Central Air Flooring: Carpet; Luxury Vinyl Heating: Heat Pump; Other Levels: Two Listing Terms: Cash; Conventional Lot Features: Irregular Lot; Many Trees; Paved Parking Features: On Site Possession: Close Of Escrow Possible Use: Multi-Family; Residential Road Frontage Type: City Street Road Surface Type: Paved Utilities: Electricity Available; Water Available Water Source: Public Showing Requirements: Call Listing Agent

Location Tax and Legal

Street Number
3729
Street Name
Plaza
Street Suffix
Way
County
Sevier
State
TN
Zip Code
37863
Property Sub Type
Multi Family
MLS Area Major
Pigeon Forge
Subdivision Name
Other

Contract Information

Original List Price
6300000
Listing Contract Date
2026-01-29
Auction YN
No
Owner Name
Elishas Properties Tn1 LLC
Listing Agreement
Exclusive Right To Sell
Association YN
No

Remarks and Miscellaneous

Public Remarks
Pinecrest Townhomes is a 21-unit townhome community located in Pigeon Forge, TN, directly adjacent to Dollywood. The property currently operates as short-term rentals but offers multiple use options, including continued vacation rental operations, conversion to traditional apartments, or individual sale as condominium units. All units are two-bedroom, two-and-a-half-bath townhomes and the current owners have recently completed over $1.5 million of capital expenditures. Each unit features a washer and dryer, fireplace, and private balcony. The community includes a firepit and grilling area, as well as shared ownership in an adjacent HOA that provides access to the clubhouse and indoor swimming pool.
Directions
From I-40 exit 407 take TN-66 S/Winfield Dunn Parkway 8.3 miles, turn left onto TN-448 S/N Parkway, drive .6 miles, turn left onto E. Main Street, drive .5 miles, continue onto US-411 N/Dolly Parton Parkway, drive .7 miles, continue 5.9 miles and turn right onto Veterans Boulevard, drive 5.3 miles, turn left onto Plaza Way. Destination will be on your left.

Status Change Information

Major Change Timestamp
2026-01-29T17:25:06Z
Major Change Type
New Listing
Status Change Timestamp
2026-01-29

More Information

Location, Tax, and Legal

City/County
City
Restrictive Covenants YN
No
Zoning
C4
Zoning Entity
Sevier County
Parcel Number
095 031.01
Tax Lot
n/a
Tax Annual Amount
19650.88
Tax Year
2025

Association Amenities

Clubhouse
Yes

Community Features

Clubhouse
Yes
Pool
Yes

Construction Materials

Frame
Yes

Cooling

Central Air
Yes

Flooring

Carpet
Yes
Luxury Vinyl
Yes

Heating

Heat Pump
Yes
Other
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Irregular Lot
Yes
Many Trees
Yes
Paved
Yes

Parking Features

On Site
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Paved
Yes

Utilities

Electricity Available
Yes
Water Available
Yes

Water Source

Public
Yes

Possible Use

Multi-Family
Yes
Residential
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Office: PWA Properties
Last Updated: January - 29 - 2026
Information deemed reliable but not guaranteed.