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Active 128 days on market

4137 Watson Court 2 & 3

Pigeon Forge, TN 37863 · Mill Creek Springs · Sevier County

$2,300,000

Sq ft
5,731
Built
2003

Listing courtesy of LPT Realty, LLC · MLS #1345497

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. 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.

Details

Home

Type
Residential Income
Year built
2003
Living area
5,731 sq ft
Parking
Off Street

Interior

Rooms
Addl Living Quarter
Flooring
Hardwood
Appliances
Refrigerator, Range, Dishwasher, Washer, Dryer
Features
Cathedral Ceiling(s)
Also
Walk-in Shower, Washer/Dryer Connect, Whirlpool Tub, Hot Tub, Cathedral Ceiling(s), Internet Available

Exterior

Construction
Frame, Log
Porch & patio
Porch - Covered

Utilities

Heating
Heat Pump, Electric, Propane

Listing

MLS #
1345497
Status
Active
On market
128 days
Listed
Jun 22, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues
Price per sq ft
$401
5,731 sq ft

Price history

Jun 22, 2026
Listed
$2,300,000

Accepted

  • Cash
  • Conventional
  • 1031 Exchange

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Location
Neighborhood
Mill Creek Springs
County
Sevier
ZIP
37863

Drive times

  • Pigeon Forge 10 min
  • Sevierville 25 min
  • Douglas Lake 60 min
  • downtown Knoxville 60 min
  • Maryville 60 min
  • UT Medical Center 60 min
Approximate, by road

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Listing courtesy of LPT Realty, LLC. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1345497.