4137 Watson
Pigeon Forge, TN, 37863 $ 2,300,000
Bedrooms-- Baths-- Sq 5,731 Monthly Estimate*
$ 15,886
for $2,300,000. This 5,731 square foot building was built in 2003 on a lot size of 2.48.
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.
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FeaturesGeneralZoning R1
Year Built 2003
County Sevier County TN
Property Type Commercial Sale
Status Active
Directions All properties are GPS Friendly! 4137 Watson: From Pigeon Forge go to Traffic Light # 10 turn right on Conner Heights Rd. Drive approx. 1.50 miles make a right on Watson Court drive to 3rd driveway o
City Pigeon Forge
Lot Size Units Acres
Building Area Units Square Feet
Standard Status Active
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ExteriorTotal Parking 0
Lot Size Area 2.48
Building Area Total 5731
Lot Size Acres 2.48
Lot Size Source Agent Calculated
Waterfront Y/N N
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InteriorAir Conditioning Y/N N
Heating Y/N N
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* Excluded FeaturesList Byrealtorjakemorris@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,886
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Pigeon Forge, TN
Average List Price $2,301,653
Percent of Sale Price 0%
About Pigeon Forge, TN 6,801 Population
24% Since 2002
$ 36,866 Median Income
40.35 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/14/2026 | $2,300,000 | | Listed Price |