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For sale
  • $2,300,000

    4137 Watson Ct #2 & 3, Pigeon Forge, TN 37863

    8beds
    9baths
    5,731sqft
    : 
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    Multi Family
    Built in 2003
    -- sqft lot
    $-- Zestimate®
    $401/sqft
    $-- HOA

    What's special

    Mountain viewsPanoramic mountain viewsCommunity pool accessPeaceful wooded surroundingsGame loftStone fireplaceSeasonal dollywood fireworks views
    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.
    25 days
    |
    336
    |
    32
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Morris 865-282-4886,

    LPT Realty, LLC 877-366-2213,

    Jillian Anderson 865-978-2627,

    LPT Realty, LLC

    Source: East Tennessee Realtors,MLS#: 1345497MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 9
      Heating
      • Heat Pump, Propane, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
      Features
      • Cathedral Ceiling(s)
      • Flooring: Hardwood
      Interior area
      • Total structure area: 5,731
      • Total interior livable area: 5,731 sqft

      Property

      Parking
      • Parking features: Off Street
      Lot
      • Size: 2.48 Acres
      • Dimensions: 108,028
      Details
      • Parcel number: 105 108.01

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Log, Frame, Other
      Condition
      • Year built: 2003

      Community & HOA

      Community
      • Subdivision: Mill Creek Springs
      Location
      • Region: Pigeon Forge

      Financial & listing details

      • Price per square foot: $401/sqft
      • Date on market: 6/22/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/22/2026Listed for sale$2,300,000$401/sqft
        Source: East Tennessee Realtors #1345497 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 37863

        Getting around

        10 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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