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. You could live in one and have 3 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.
Pending
$1,799,000
3141 Teaster Ln, Pigeon Forge, TN 37863
12beds
9,216sqft
Multi Family, Townhouse, Residential
Built in 2025
1.21 Acres Lot
$1,728,600 Zestimate®
$195/sqft
$-- HOA
What's special
- 261 days |
- 37 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Calene King 386-449-9176,
Smoky Mountain Real Estate Cor 865-277-8115,
Phillip DeRosia III 865-712-8916
Source: GSMAR, GSMMLS,MLS#: 308648
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 16
- Full bathrooms: 8
- 1/2 bathrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Formal Dining, Solid Surface Counters, Walk-In Closet(s), Walk-In Shower(s)
- Flooring: Luxury Vinyl
- Number of fireplaces: 4
- Fireplace features: Electric
- Furnished: Yes
Interior area
- Total structure area: 9,216
- Total interior livable area: 9,216 sqft
- Finished area above ground: 9,216
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage
- Garage spaces: 4
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck
- Exterior features: Lighting, Rain Gutters
- Has view: Yes
- View description: City, Mountain(s), Trees/Woods
Lot
- Size: 1.21 Acres
- Features: Views
Details
- Parcel number: 094D A 014.00
- Zoning: C6
Construction
Type & style
- Home type: Townhouse
- Property subtype: Multi Family, Townhouse, Residential
Materials
- Other
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Pigeon Forge
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $335,100
- Annual tax amount: $1,378
- Date on market: 10/14/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,728,600
$1.64M - $1.82M
$2,067/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Pending sale | $1,799,000$195/sqft |
Source:  GSMAR, GSMMLS #308648 Report a problem | ||
| 4/26/2026 | Listed for sale | $1,799,000+227.7%$195/sqft |
Source: GSMAR, GSMMLS #308648 Report a problem | ||
| 11/3/2023 | Listing removed | -- |
Source: GSMAR, GSMMLS #258232 Report a problem | ||
| 8/3/2023 | Price change | $549,000-8.3%$60/sqft |
Source: GSMAR, GSMMLS #258232 Report a problem | ||
| 7/11/2023 | Listed for sale | $599,000+78.5%$65/sqft |
Source: GSMAR, GSMMLS #258232 Report a problem | ||
| 8/27/2021 | Sold | $335,500-44.1%$36/sqft |
Source: Public Record Report a problem | ||
| 5/4/2020 | Listing removed | $600,000$65/sqft |
Source: RE/MAX Adventure Realty #204774 Report a problem | ||
| 4/28/2020 | Listed for sale | $600,000$65/sqft |
Source: RE/MAX Adventure Realty #204774 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,378 | $83,775 |
| 2024 | $1,378 | $83,775 |
| 2023 | $1,378 | $83,775 |
| 2022 | $1,378 | $83,775 |
| 2021 | -- | $83,775 +5.6% |
| 2020 | $1,634 +10.8% | $79,325 |
| 2019 | $1,475 -9.7% | $79,325 |
| 2018 | $1,634 +0% | $79,325 |
| 2017 | $1,634 | $79,325 |
| 2016 | $1,634 | $79,325 -0.1% |
| 2015 | -- | $79,375 +0% |
| 2014 | $1,453 | $79,374 |
| 2013 | $1,453 | $79,374 |
| 2012 | $1,453 | $79,374 |
| 2011 | $1,453 | $79,374 |
| 2010 | -- | $79,374 -1.7% |
| 2009 | $1,344 | $80,755 |
| 2008 | $1,344 | $80,755 |
| 2007 | $1,344 +13.7% | $80,755 |
| 2006 | $1,182 -17.9% | $80,755 |
| 2005 | $1,441 +14.7% | $80,755 +14.7% |
| 2004 | $1,256 +13.3% | $70,406 |
| 2002 | $1,108 | $70,406 |
| 2001 | -- | $70,406 -75% |
| 2000 | -- | $281,625 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37863
Nearby schools
GreatSchools rating
- NASevierville Primary SchoolGrades: PK-1Distance: 4.2 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 1.9 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 2.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Sevier County
- Pigeon Forge
- 37863
- 3141 Teaster Ln
Nearby cities
Nearby zip codes
Other Pigeon Forge Topics
