BJ Can Help You Purchase This Unit

Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

4137 Watson Court 2 & 3, Pigeon Forge, 37863

Priced At: $2,300,000

Property Details for ID: 1345497



SqFt: 5,731
Price SqFt: $401
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-06-22T14:25:40Z
Subdivision: Mill Creek Springs

Public Remarks: 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 2003
SqFt (Total): 5,731
Sub-Type: Other
Sale Includes: All Furnishings, Building and Land
Unit Type(s): Furnished

  Exterior Features

Features: Deck, Porch - Covered
Construction: Frame
Siding: Log, Other

  Appliances

Dishwasher, Dryer, Range, Refrigerator, Washer

  Room Dimensions

  Interior Features

Floors: Hardwood
Other Rooms: Addl Living Quarter
Misc Features: Cathedral Ceiling(s), Hot Tub, Internet Available, Walk-in Shower, WasherDryer Connect, Whirlpool Tub

  Property Details

Utilities

Fuel Types: Electric, Propane

Financing

Finance Options: Cash, Conventional, Exchange
Gross Annual Income: 237,035
Annual Operating Expenses: 20,277
Net Operating Income: 216,759

  HOA Information

Heating & Cooling

Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Heat Pump

Garage / Parking

Off-Street Parking

  Community Features

Outbuildings

Presented By: / LPT Realty, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

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 on the right (Follow wooden directional signs for Mountaintop Mill and Beary Bungalow) follow the road, keep going straight till the road ends, you will see both cabins. Plenty of parking space.



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Four Reasons to Use BJ Swinehart

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, I already have a network of qualified purchasers looking for the right home or property.

Experience Is Key

Licensed since 1981, I have the experience to solve problems that arise and the know how to avoid major pitfalls

International Experience

I am a Certified International Property Specialist and have worked with buyers and sellers from all over the world.



Re/max Preferred Properties is a licensed Tennessee Real Estate Firm. Firm License 209356. Some or all of the Listing Displayed on this Site may not belong to Re/max Preferred Properties. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.