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$2,300,000
4137 Watson Court 2 & 3, Pigeon Forge, TN 37863
Active14 days on market

Listing provided by: Jake Morris · LPT Realty, LLC

Source: East Tennessee REALTORS® MLS · MLS# 1345497

East Tennessee REALTORS IDXListing last updated

Beds
0
Baths
2,179
Sq Ft
2003
Year Built
Lot (ac)
Multi-Family
Type

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.

Facts & features

Interior
Bedrooms & bathrooms
  • Bathrooms: 0
Heating
  • Heating: Heat Pump, Propane, Electric
Cooling
  • Cooling: Central Cooling, Ceiling Fan(s)
Appliances
  • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
  • Features: Cathedral Ceiling(s)
  • Flooring: Hardwood
Interior area
  • Total interior livable area: 2,179 sqft
Property
Parking
  • Parking features: Off-Street Parking
  • Attached garage: No
Lot
  • Dimensions: 108,028
Exterior
  • Patio & porch: Porch - Covered
Details
  • Parcel number: 105 108.01
Construction
Type & style
  • Home type: Multi-Family
Materials
  • Materials: Log, Frame, Other
Condition
  • Year built: 2003
Utilities
Community & HOA
Community
  • Subdivision: Mill Creek Springs
  • County: Sevier County - 27
  • MLS area: Sevier County - 27
  • Region: Pigeon Forge
Financial & listing details
Financial
  • Price: $2,300,000
  • Price per square foot: $1056/sqft
  • Annual tax: $2,444.37
  • Listing terms: Cash, Conventional
Listing
  • Date on market: Jun 22, 2026
  • Days on market: 14
  • Status: Active
  • MLS #: 1345497

Location

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