4137 Watson Court 2 & 3, Pigeon Forge, TN 37863 (MLS# 1345497)

4137 Watson Court 2 & 3, Pigeon Forge, TN 37863

$2,300,000
Property Type: Multi-Family Square Footage: 5,731 Status: Active
Current Price: $2,300,000 List Date: 6/22/2026 Last Modified: 7/08/2026

Overview

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 o ...

Listing Details MLS# 1345497

Location Tax Legal Info

House #
4137
Street Name
Watson
St Suffix
Court
State/Province
TN
Zip Code
37863
PIN #
105 108.01
Subdivision
Mill Creek Springs

Contract Info

Auction Y/N
No
Listing Price
2300000

General Property Description

SqFt - Total (Aprox)
5731
Lot Dimensions
108,028
Number of Units
4
Utilities/Mo Avg
1689.73
Year Built
2003
Property Status
N/A
Driveway
Yes

Status Change Info

Status Change Date
2026-06-22

IncomeExpenses

Net Operating Income
216759.21

More Information

Property Features

Property Sub-Type: Other Type of Units: Furnished Sale Includes: All Furnishings; Building and Land Floors: Hardwood Fuel: Electric; Propane Heat: Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Construction: Frame Roof: Metal Siding: Log; Other Exterior Features: Deck; Porch - Covered Misc Features: Cathedral Ceiling(s); Hot Tub; Internet Available; Walk-in Shower; Washer/Dryer Connect; Whirlpool Tub Other Rooms: Addl Living Quarter New Financing: Cash; Conventional; Exchange Showing: See Agent Instructns
IDX
Listing Office: LPT Realty, LLC
Last Updated: July - 08 - 2026
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