4137 Watson Ct Unit 2 & 3 Pigeon Forge, TN 37863
Pigeon Forge AreaEstimated payment $12,870/month
Highlights
- Spa
- Wood Flooring
- Furnished
- Cathedral Ceiling
- Whirlpool Bathtub
- Covered Patio or Porch
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,444
Year Built
- Built in 2003
Home Design
- Frame Construction
- Metal Roof
- Log Siding
Interior Spaces
- 5,731 Sq Ft Home
- Living Quarters
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Wood Flooring
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Dryer
- Washer
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Spa
- Covered Patio or Porch
Utilities
- Central Air
- Heating System Uses Propane
- Heat Pump System
- Propane
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 105 108.01
Community Details
Overview
- 4 Units
- Mill Creek Springs Subdivision
Building Details
- Operating Expense $20,277
- Net Operating Income $216,759
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2026 06/22/26 | For Sale | $2,300,000 | -- | $401 / Sq Ft |
About the Listing Agent
Jake's Other Listings
Source: East Tennessee REALTORS® MLS
MLS Number: 1345497
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Ask me questions while you tour the home.