With a portal you are able to:
- Save your searches
- Get updates on listings
- Track listings
- Add notes and messages
- Personalize your dashboard
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
Documents
Listing Office:
Smoky Mountain Real Estate Cor
Last Updated: February - 17 - 2026
Information deemed reliable but not guaranteed.
TN Confirmation of Agency ›