For Sale
Multi family home for sale at 4137 Watson Ct #2 & 3, Pigeon Forge, TN 37863 | MLS# 1345497 | Listing updated on 2026-11-09
Photo 1 of Multi family home for sale at 4137 Watson Ct #2 & 3, Pigeon Forge, TN 37863 | MLS# 1345497 | Listing updated on 2026-11-09
Photo 2 of Multi family home for sale at 4137 Watson Ct #2 & 3, Pigeon Forge, TN 37863 | MLS# 1345497 | Listing updated on 2026-11-09
Photo 3 of Multi family home for sale at 4137 Watson Ct #2 & 3, Pigeon Forge, TN 37863 | MLS# 1345497 | Listing updated on 2026-11-09
Photo 4 of Multi family home for sale at 4137 Watson Ct #2 & 3, Pigeon Forge, TN 37863 | MLS# 1345497 | Listing updated on 2026-11-09
32+
Beds Icon

Street View

$2,250,000

Monthly Est:$11,199

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon5,731sqft

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

$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 East Tennessee REALTORS® MLS-TN

This condo is in:

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Sevier County 27

  • City

    Pigeon Forge

  • 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

DateEventPrice

06/22/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1345497

Price Decreased

$2,250,000 -2.17%

$393/sqft

06/22/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1345497

Listed for Sale

$2,300,000

$401/sqft

Nearby Homes

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.

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