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    Pigeon Forge, TN

    For Sale
    $2,599,000

    MULTI_FAMILY - Other - Pigeon Forge, TN

    Property size:
    9,216 SF
    Lot size:
    1.21 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    C6
    Rooms
    Bathroom 10, Bedroom 4, Dining Room, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 11, Bedroom 2, Bathroom 9, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 12, Bathroom 15, Bathroom 16, Bathroom 13, Bathroom 7, Bathroom 3, Bathroom 6, Bathroom 1, Bedroom 7, Bedroom 9, Bathroom 14, Bedroom 3, Bathroom 5, Bedroom 11, Bedroom 12, Bathroom 8, Bedroom 10
    Bedrooms
    12
    Bathrooms
    12
    APN
    094D A 014.00
    Parking features
    Driveway, Garage
    Patio and Porch features
    Deck
    Interior features
    Ceiling Fan(s), Formal Dining, Solid Surface Counters, Walk-In Closet(s), Walk-In Shower(s)
    Exterior features
    Lighting, Rain Gutters
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
    Size
    9,216 SF
    Lot size
    1.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    3
    Flooring type
    Vinyl
    Architectural style
    Other

    Smoky Mountain Real Estate Corporation (865) 277-8115

    Listing agent Calene King (386) 449-9176

    Listing date Oct 14, 2025

    MLS# 308648 Listing URL

    Copyright © 2025 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Pigeon Forge Townhome Investment

    This property presents an investment opportunity in Pigeon Forge, featuring four new townhomes suitable for short-term and long-term rentals. Located on Teaster Lane, the property is near The Island, the Pigeon Forge Convention Center, and Dollywood. Each three-story unit includes a garage, 3 bedrooms, 2 full baths, and 2 half baths, with one half bath located in the garage on the main level. The second floor features an open-concept living area with modern finishes, large windows, and a fireplace. Upstairs, there are three bedrooms, including one with bunk beds, luxury tile walk-in showers, and closet space. The property, situated on a 1.21-acre lot, offers views from the front balcony and a back deck with a wooded setting. The property size is 9216 square feet. The zoning is C6. These turnkey townhomes are ready to generate revenue.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    Pigeon Forge
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.5543329
    Latitude
    35.7884241

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    FAQs

    What type of property is this?
    Short term rental property - Four new townhomes in Pigeon Forge, ideal for rentals.
    Where is this short term rental property located?
    The property is located at Pigeon Forge, TN.
    What is the asking price?
    The asking price for this property is $2,599,000.
    What are key features of this property?
    This property features: - Four brand-new, turnkey townhomes offer strong income potential.; - Prime location on Teaster Lane, moments from The Island, Pigeon Forge Convention Center, and Dollywood.; - Each three-story unit features 3 bedrooms, 2 full baths, and 2 half baths, including a garage half-bath.
    (386) 449-9176
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pigeon Forge, TN
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