4137 Watson Court #2 & 3, Pigeon Forge, TN 37863
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
4137 Watson Court #2 & 3,Pigeon Forge, TN 37863
$2,250,000
- - Beds
- - Baths
- 5,731 sq. ft.
- Multi-family
- Active
Listed by: jake morris, jillian anderson
Office: lpt realty, llc.
MLS#:1345497
Source:TN_KAAR
Price summary
- Price:$2,250,000
- Price per sq. ft.:$392.6
About this home
INVESTMENT OPPORTUNITY | TURNKEY SHORT-TERM RENTAL PORTFOLIO
4 Properties | 5 Airbnb Listings | 8 Bedrooms + 1 Sleeping Room | 9 Bathrooms | Sleeps 26 | $237,035 Documented Gross Revenue in 2025 | Established STR Portfolio | 662 Verified Reviews
Rare opportunity to own an established short-term rental portfolio in the heart of the Great Smoky Mountains. This unique offering includes four income-producing properties operating as five Airbnb listings throughout Pigeon Forge and Sevierville. Sold fully furnished and turnkey, the portfolio provides immediate cash flow, proven rental history, and a strong presence in one of the nation's most visited vacation destinations.
The portfolio consists of Shine Ridge, a 2-bedroom cabin with mountain views, hot tub, arcade, and stone fireplace; Shine Valley #53, a 2-bedroom cabin with an additional sleeping room featuring panoramic mountain views, ensuite bedrooms, game loft, and community pool access; Tennorado Retreat, a 3-bedroom cabin offering a game room, fire pit, hot tub, and seasonal Dollywood fireworks views; and Loveland Hideaway Unit 2, a secluded 1-bedroom retreat featuring vaulted ceilings, a stone fireplace, private hot tub, fire pit, and peaceful wooded surroundings.
An additional income advantage exists as Tennorado Retreat and Loveland Hideaway are situated on the same parcel, allowing them to be marketed together as a fifth rental option accommodating larger groups.
The portfolio has generated 662 verified guest reviews and maintains a 4.88-star average rating, demonstrating a proven history of guest satisfaction and rental performance. All furnishings and future bookings convey with the sale, providing a turnkey investment opportunity with immediate income potential. Opportunities with documented income, extensive review history, and multiple revenue streams rarely become available in the Smoky Mountain market. With over 14 million annual visitors to the Great Smoky Mountains, investors benefit from strong year-round tourism demand in one of the nation's most established vacation rental destinations. Detailed financials, booking history, Airbnb listing links, performance reports, and property-specific revenue breakdowns are available to qualified buyers upon request....
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Home facts
- Year built:2003
- Subdivision & Development:Mill Creek Springs
- Listing ID #:1345497
- Added:141 day(s) ago
- Updated:November 11, 2026 at 04:30 PM
Rooms and interior
- Flooring:Hardwood
- Living area:5,731 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Electric, Heat Pump, Propane
Structure and exterior
- Year built:2003
- Building area:5,731 sq. ft.
- Construction Materials:Frame, Log
Finances and disclosures
- Price:$2,250,000
- Price per sq. ft.:$392.6
Parking
- Parking description:Off-Street Parking
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