realty-smokies

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: 2/17/2026

Overview

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.

Listing Details MLS# 308648

General Property Information

Stories Total
3
Lot Size Acres
1.21
Living Area
9216
Above Grade Finished Area
9216
Bedrooms Total
12
Bathrooms Total
16
Bathrooms Full
8
Bathrooms Half
8
Garage YN
Yes
Garage Spaces
4
Fireplace YN
Yes
Year Built
2025
Bonus Room YN
No
Sign On Property YN
Yes
Furnished
Furnished
Construction Type
Site Built
View YN
Yes
List Price/SqFt
249.57
Below Grade Finished Area
0

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

Location Tax and Legal

County
Sevier
State
TN
Property Sub Type
Multi Family
MLS Area Major
Pigeon Forge
Subdivision Name
None

Contract Information

Original List Price
2599000
Sold Before Listed
No
Listing Contract Date
2025-10-13
Auction YN
No
Owner Name
Derosia
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Association YN
No

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

Major Change Timestamp
2025-12-08T19:20:47Z
Major Change Type
Price Reduced
Price Change Timestamp
2025-12-08T19:20:47Z
Status Change Timestamp
2025-10-14

More Information

Fireplace Features

Fireplaces Total
4
Electric
Yes

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

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Washer
Yes

Architectural Style

Townhouse
Yes

Construction Materials

Other
Yes

Cooling

Central Air
Yes

Current Use

Investment
Yes

Documents

TN Confirmation of Agency
Yes
TN Prop Residential Condition Disc or Ex
Yes

Exterior Features

Lighting
Yes
Rain Gutters
Yes

Flooring

Luxury Vinyl
Yes

Heating

Central
Yes

Interior Features

Ceiling Fan(s)
Yes
Formal Dining
Yes
Solid Surface Counters
Yes
Walk-In Closet(s)
Yes
Walk-In Shower(s)
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Three Or More
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Views
Yes

Parking Features

Driveway
Yes
Garage
Yes

Patio And Porch Features

Deck
Yes

Possession

Close Of Escrow
Yes

Property Condition

New Construction
Yes

Road Surface Type

Paved
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

City
Yes
Mountain(s)
Yes
Trees/Woods
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Office: Smoky Mountain Real Estate Cor
Last Updated: February - 17 - 2026
Information deemed reliable but not guaranteed.