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Improved Mixed-Use Land for Sale in Pigeon Forge, Tennessee

4137 Watson, Pigeon Forge, TN 37863

$2,300,000
2.48 acres
Active sale
Est $13,500/mo

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.

5,731
Sq feet
2003
Built

Location

Street address
4137 Watson
Zip code
37863
Elevation
1,168 feet
Coordinates
35.7721, -83.5496

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.

Property details

Acreage
2.48 acres
Zoning
R1
MLS #
REALTRACS 3591823
Posted

Parcels

  • 105 10801 000

Details and features

Listing

Type
Commercial Sale

Lot

Size Source
Agent Calculated

Listing history

DateEventPriceChangeSource
Aug 20, 2026New listing$2,300,000—GSMAR
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This 2.48-acre property is located at 4137 Watson in Pigeon Forge, TN 37863. The property is available for sale, priced at $2,300,000. It has a 5,731 square foot structure built in 2003.

Checked 1 hour agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Oct 6, 2026 3:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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