4137 Watson Court, Pigeon Forge, TN 37863

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List Price
$2,300,000
MLS#
3594618
Days on Market
7
Property Type
Multifamily
Sqft. of Residence
5,731
County
Sevier County
Status
ACTIVE

Property 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.

Additional Information

Construction Type
Frame, Log, Other
Cooling System
Central Air, Ceiling Fan(s)
Floor Types
Wood
Heating System
Electric, Heat Pump, Propane
Laundry
Washer Hookup, Electric Dryer Hookup
Living Area
5,731
Lot Dimensions
108,028
Roofing Material
Metal
Subdivision
Mill Creek Springs
Tax Amount
$2,444
Year Built
2003
Type
Multifamily

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Calculator source: Real Geeks

Listing courtesy of LPT Realty LLC.

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