4137 Watson Court
Pigeon Forge, TN, 37863 $ 2,300,000
Bedrooms8 Baths1.0 Sq 5,731 Monthly Estimate*
$ 15,886
for $2,300,000 with 8 bedrooms and 1 full bath. This 5,731 square foot home was built in 2003.
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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FeaturesGeneralLiving Area 5731
Heating Electric Heat Pump Propane
Cooling Central Air Ceiling Fan(s)
Utilities Electricity Available
Possession Close Of Escrow
Roof Metal
Construction Materials Frame Log Other
Year Built 2003
County Sevier County TN
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Mill Creek Springs
Status Active
Buyer Financing Other Conventional
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 drivew
City Pigeon Forge
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Year Built Details Existing
Tax Annual Amount 2444
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorFlooring Wood
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Washer Hookup Electric Dryer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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ExteriorTotal Parking 0
Inclusions Furniture
Building Area Total 5731
Lot Dimensions 108 028
Waterfront Y/N N
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* Excluded FeaturesList Byrealtorjakemorris@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,886
- Monthly Property Taxes
- $204
- Monthly Home Insurance
- --
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 NearbyMulti-family listings in Pigeon Forge, TN
Average List Price $1,879,382
Percent of Sale Price 18%
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 |
|---|
| 9/18/2026 | $2,300,000 | | Listed Price |