$2,300,000
8 Beds
1 Bath
5,731 sqft (on 2.48 acres)
4137 Watson Ct, Pigeon Forge, TN 37863
Est. Mortgage $12,852/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 83% nearby.
Home Highlights
Multi-Family
Built in 2003
2.48 acre lot
$401/sqft
Local Information
- Map ViewExplore the area around 4137 Watson Ct.
- Schools12 Preschool Schools15 Elementary Schools3 Middle Schools6 High Schools
- Shop & Eat
-- mins to
About this House
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.
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.
Last check for updates: about 9 hours ago
Listing Provided by: Jake Morris, (865) 282-4886
LPT Realty LLC, (877) 366-2213
Jillian Anderson
LPT Realty LLC, (877) 366-2213
Source: RealTracs MLS as distributed by MLS GRID, MLS#3594618
Also Listed on RealTracs MLS as distributed by MLS GRID.
We estimate this home will sell faster than 83% nearby.
Home Details for 4137 Watson Ct
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 1 |
Dimensions and Layout Living Area: 5731 Square Feet |
Appliances & Utilities Utilities: Electricity AvailableLaundry: Washer Hookup,Electric Dryer Hookup |
Heating & Cooling Heating: Electric,Heat Pump,PropaneHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Electric |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Flooring: Wood |
Levels, Entrance, & Accessibility Floors: Wood |
View No View |
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Exterior Home Features Roof: MetalNo Private Pool |
Parking & Garage No Attached Garage |
Frontage Not on Waterfront |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 2003 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Frame, Log, OtherNot a New Construction |
Property Information Included in Sale: FurnitureParcel Number: 105 10801 000 |
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Price List Price: $2,300,000Price Per Sqft: $401 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Pigeon ForgeCommunity: Mill Creek Springs |
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Listing Agent Listing ID: 3594618 |
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Building Area Building Area: 5731 Square Feet |
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Not Senior Community |
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Lot Area: 2.48 Acres |
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Special Conditions: Standard |
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Mls Number: 3594618Attribution Contact: 8652824886 |
Around this home
- Catons Chapel Elementary School
- PK-6
- Public
- 290 Students
7/10GreatSchools RatingParent Rating AverageWhen my son first started school, we saw that this school had the best reviews; however, as he went through the first two years of school we found out that this school was NOT it. My son had been constantly bullied his first year and would come home crying and complaining about how his classmate would hurt him on purpose and would continue to do so every day. We talked to the teacher and principal and said there was nothing they could do. My son struggled to pay attention (at home as well, so we knew of the issue) and tried talking to counselors and principals to help further help him in learning to which they did not get back on until the next school year. For the teachers, it was hit or miss, some teachers we did not get along well with while others we did when it came to my son's education. It seems like there was a constant issue with communication with the admin and we ultimately decided to transfer schools.Parent Review1y ago - Jones Cove Elementary School
- PK-6
- Public
- 102 Students
6/10GreatSchools RatingParent Rating AverageAbove and beyond!! It’s like a little warm family!! Everyone cares!!! Love it!Parent Review1y ago - New Center Elementary
- PK-6
- Public
- 616 Students
7/10GreatSchools RatingParent Rating AverageAs far as we have been enrolled at this school for 4 months now and not only have we not had any help when asked but they also allowed my 1st grader to get on a random bus unknowingly and weren’t able to inform me of her whereabouts for over an hour. On the teacher note I have asked and asked for ways to help her academically for the teachers to ignore me or reply hours or days later we’ll past bed time or time to be able to help her. We bring issues and problems up to the teacher to just be brushed aside. My child is made to feel like she isn’t cared for. She’s complained of headaches to be told “well I don’t know what to do for you” she complained about other kids being mean to be told “well?” She’s came home telling me she got hurt at school and they did nothing for her. My child has a problem holding her attention and we’ve talked to the teachers on ways to help to just get told “tell her to pay attention” …like we haven’t tried that already? We’ve tried talking to the teachers about her anxiety over being rushed to just continue to hear her cry about how the teachers are rushing her and won’t help her. On top of it I’ve never been allowed in the school or even met these teachers face to face so all in all our experience at this school in as little as 4 months has been nothing but heartbreaking as a parent for my FIRST grader to have to go through.Parent Review4y ago - Northview Primary
- PK-3
- Public
- 684 Students
6/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Pi Beta Phi Elementary School
- PK-6
- Public
- 315 Students
7/10GreatSchools RatingParent Rating AverageOfficer Myers touched me as a kidOther Review1y ago - Pittman Center Elementary
- PK-6
- Public
- 319 Students
6/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Sevierville Primary School
- PK-1
- Public
- 459 Students
NAGreatSchools RatingParent Rating AverageNo reviews available for this school. - Seymour Primary School
- PK-3
- Public
- 697 Students
6/10GreatSchools RatingParent Rating AverageOur son just finished his kindergarten year and he loved it and his teacher was amazing!!Parent Review4mo ago - Wearwood Elementary School
- PK-6
- Public
- 187 Students
6/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Pigeon Forge Primary School
- PK-3
- Public
- 532 Students
2/10GreatSchools RatingParent Rating AverageThe staff are rude and the principal one is terrible.Parent Review3y ago - Boyds Creek Elementary School
- PK-6
- Public
- 480 Students
6/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Catlettsburg Elementary School
- PK-6
- Public
- 646 Students
5/10GreatSchools RatingParent Rating AverageNo reviews available for this school.
What Locals Say about Pigeon Forge
At least 111 Trulia users voted on each feature.
77 % Say car is needed
75 % Say there's holiday spirit
72 % Say yards are well-kept
68 % Say it's quiet
66 % Say parking is easy
58 % Say it's dog friendly
56 % Say streets are well-lit
54 % Say people would walk alone at night
52 % Say there's wildlife
48 % Say kids play outside
47 % Say they plan to stay for at least 5 years
45 % Say it's walkable to restaurants
41 % Say it's walkable to grocery stores
39 % Say there are sidewalks
31 % Say neighbors are friendly
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Pigeon Forge
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
288
18MoM
Home Value
Trulia Estimate
$857KSince last month
Decreased$500 (-0.1%)Since last year
Decreased$55K (-6%)Since last sale
Decreased$55K (-6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -9% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $855K |
| August 2026 | $856K |
| July 2026 | $853K |
| June 2026 | $861K |
| May 2026 | $864K |
| April 2026 | $870K |
| March 2026 | $870K |
| February 2026 | $883K |
| January 2026 | $893K |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.85 | Multi-Family Home | $500,000 | 09/19/25 | 4 | 2 | - | |
2.14 | Multi-Family Home | $455,000 | 04/17/26 | 4 | 3 | 3,612 | |
5.68 | Multi-Family Home | $502,500 | 11/10/25 | 6 | 6 | 2,870 | |
5.68 | Multi-Family Home | $502,500 | 11/10/25 | 6 | - | 2,870 | |
5.74 | Multi-Family Home | $1,465,000 | 07/20/26 | - | 8,232 | ||
5.81 | Multi-Family Home | $2,555,000 | 12/18/25 | 21 | 14 | 10,850 | |
5.77 | Multi-Family Home | $13,250,000 | 04/07/26 | - | 3,350 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $2,300,000 | 8 | 9 | 5,731 | For Sale | |
0.07 | $814,800 | 4 | 4 | 2,179 | Off Market | |
0.21 | $730,975 | 3 | 2 | 2,790 | Recently Sold | |
0.21 | $575,000 | 4 | 3.5 | 2,414 | For Sale | |
0.27 | - | - | - | - | Off Market | |
0.23 | $439,200 | Studio | - | - | Off Market | |
0.24 | $354,600 | 2 | 2 | 572 | Off Market | |
0.24 | $435,800 | Studio | - | 2,128 | Off Market | |
0.25 | - | - | - | - | Off Market | |
0.35 | $415,000 | 1 | 1 | 891 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 18, 2026 Source: RealTracs MLS as distributed by MLS GRID #3594618 | Listed For Sale | $2,300,000 |
Jun 27, 2024 Source: RealTracs MLS as distributed by MLS GRID #3286060 | Sold | $910,000 |
May 24, 2024 Source: GSMAR, GSMMLS #268661 | Pending | $950,000 |
Mar 1, 2024 Source: GSMAR, GSMMLS #268661 | Listed For Sale | $950,000 |
Feb 26, 2021 Source: RealTracs MLS as distributed by MLS GRID #3554468 | Sold | $390,000 |
Jan 26, 2021 Source: GSMAR, GSMMLS #231723 | Pending | $389,900 |
Jan 14, 2021 Source: GSMAR, GSMMLS #231723 | PendingToActive | $389,900 |
Jan 8, 2021 Source: GSMAR, GSMMLS #231723 | Pending | $389,900 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jake Morris, LPT Realty LLC, (877) 366-2213
Agent Phone: (865) 282-4886
Based on information submitted to the MLS GRID as of 2026-09-18 01:03:07 PDT. 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. Click here for more information
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Frequently asked questions about 4137 Watson Ct
- What is the estimated monthly payment for 4137 Watson Ct?Based on a $2,300,000 list price with 20% down at today's rates, the estimated monthly payment for 4137 Watson Ct in Pigeon Forge, TN is approximately $13,093 (about $12,520 principal & interest, $498 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Pigeon Forge?Residents describe Pigeon Forge, TN as well-kept, quiet, and easy to park in. Most residents say you need a car. See homes for sale in Pigeon Forge, TN.
- What are the closest schools to 4137 Watson Ct?The closest schools to 4137 Watson Ct in Pigeon Forge, TN are Boyds Creek Elementary School (Pre-K, rated 6/10), Catlettsburg Elementary School (Pre-K, rated 5/10), Catons Chapel Elementary School (Pre-K, rated 7/10).
- What is 4137 Watson Ct estimated to be worth?Trulia's estimated value for 4137 Watson Ct in Pigeon Forge, TN is $856,800.
- Does 4137 Watson Ct have air conditioning?Yes, 4137 Watson Ct in Pigeon Forge, TN has air conditioning.
- Does 4137 Watson Ct have laundry facilities?Yes, 4137 Watson Ct in Pigeon Forge, TN has laundry facilities.
4137 Watson Ct, Pigeon Forge, TN 37863 is a 8 bedroom, 1 bathroom, 5,731 sqft multi-family built in 2003. This property is currently available for sale and was listed by RealTracs MLS as distributed by MLS GRID on Sep 18, 2026. The MLS # for this home is MLS# 3594618.