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Street View
$2,250,000
Monthly Est:$11,199
-- Bed
- -- Bath
5,731sqft
4137 Watson Ct #2 & 3, Pigeon Forge, TN 37863
$2,250,000
$11,199/moEst:
Get Pre-Approved
Multi Family
Built in 2003
$-- HOA
-- sqft lot
$393/sq.ft
Description
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.
- Houzeo last checked: 2 minutes ago
- Listing updated: November 9, 2026 at 8:44 pm
- Listing Provided by: Jake Morris (865) 282-4886 , Jillian Anderson | LPT Realty, LLC (877) 366-2213
- Source: East Tennessee REALTORS® MLS-TN | MLS#: 1345497

This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
2003
HOA Fees
-
Finished Area
5,731 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1345497
MLS Status
Active
Days on Market
141

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Heat Pump, Propane, Electric
Flooring
Hardwood
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Interior Features
Cathedral Ceiling(s)
Cooling
Central Cooling, Ceiling Fan(s)
Construction
Year Built
Year Built: 2003
Home type
Multi Family
Roof
Metal
Construction Materials
Log, Frame, Other
Utilities & Energy
Parking Features
Off Street Parking
Other Features
Subdivision Name
Mill Creek Springs
Patio And Porch Features
Porch Covered
Price History
| Date | Event | Price |
|---|---|---|
06/22/2026 Source: | Price Decreased | $2,250,000 -2.17% $393/sqft |
06/22/2026 Source: | Listed for Sale | $2,300,000 $401/sqft |
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Based on information from the Knoxville Area Association of REALTORS MLS through Nov 10, 2026, 05:00PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.




