For Sale
Multi family home for sale at 4137 Watson Ct, Pigeon Forge, TN 37863 | MLS# 3594618 | Listing updated on 2026-09-18
Photo 1 of Multi family home for sale at 4137 Watson Ct, Pigeon Forge, TN 37863 | MLS# 3594618 | Listing updated on 2026-09-18
Photo 2 of Multi family home for sale at 4137 Watson Ct, Pigeon Forge, TN 37863 | MLS# 3594618 | Listing updated on 2026-09-18
Photo 3 of Multi family home for sale at 4137 Watson Ct, Pigeon Forge, TN 37863 | MLS# 3594618 | Listing updated on 2026-09-18
Photo 4 of Multi family home for sale at 4137 Watson Ct, Pigeon Forge, TN 37863 | MLS# 3594618 | Listing updated on 2026-09-18
32+
Beds Icon

Street View

$2,300,000

Monthly Est:$11,448

  • Beds Icon8 Beds
  • Beds Icon
    1 Bath
  • Beds Icon5,731sqft

4137 Watson Ct, Pigeon Forge, TN 37863

$11,448/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 2003

  • $-- HOA

  • -- sqft lot

  • $401/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.

  • Houzeo last checked: 12 minutes ago
  • Listing updated: September 18, 2026 at 7:11 pm
  • Listing Provided by: Jake Morris (865) 282-4886 DRE #344562, Jillian Anderson DRE #369619 | LPT Realty LLC (877) 366-2213
  • Source: Nashville (RealTracs Mid) MLS-TN as distributed by MLS GRID | MLS#: 3594618 Nashville (RealTracs Mid) MLS-TN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Sevier County, Tn

  • City

    Pigeon Forge

  • Neighborhood

    --

  • Year Built

    2003

  • HOA Fees

    -

  • Finished Area

    5,731 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Nashville (RealTracs Mid) MLS

  • MLS Number

    3594618

  • MLS Status

    Active

  • Days on Market

    47

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathroom: 1

Interior

  • Cooling

    Central Air, Ceiling Fan(s)

  • Flooring

    Wood

  • Heating

    Electric, Heat Pump, Propane

Construction

  • Year Built

    Year Built: 2003

  • Home type

    Multi Family

  • Construction Materials

    Frame, Log, Other

  • Roof

    Metal

Utilities & Energy

  • Utilities

    Electricity Available

  • Laundry Features

    Washer Hookup, Electric Dryer Hookup

Other Features

  • Subdivision Name

    Mill Creek Springs

Price History

DateEventPrice

06/22/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN as distributed by MLS GRID #RTC3594618

Listed for Sale

$2,300,000 +142.11%

$401/sqft

06/28/2024

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3286060

Price Increased

$950,000 +4.40%

$166/sqft

06/28/2024

Source: mls_logoNashville (RealTracs Mid) MLS-TN as distributed by MLS GRID #RTC3286060

Price Increased

$910,000 +133.39%

$159/sqft

02/26/2021

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3554468

Sold

$389,900 -0.03%

$68/sqft

02/26/2021

Source: mls_logoNashville (RealTracs Mid) MLS-TN as distributed by MLS GRID #RTC3554468

Price Increased

$390,000 +117.27%

$68/sqft

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Nearby Homes

Based on information from Realtracs® through Nov 05, 2026, 03:31AM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

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