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4-Property Short-Term Rental Portfolio
New
For Sale
$2,300,000

4137 Watson, Pigeon Forge, TN 37863

Commercial Sale, Pigeon Forge, TN

Property Size5,731 SF
Lot Size2.48 Acres
Price / SF$401.33
Days on Market4

Property Features for 4137 Watson

General Information

Property type Commercial Sale
Property subtype Other
Zoning R1
Parking 10
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.
Subdivision Pigeon Forge
Standard status Active
APN 105 10801 000
Size 5,731 SF
Lot size 2.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2444
HOA Fee $300 Monthly

Utilities

Heating system Central
Cooling system Central Air

Amenities

hot tub
arcade
stone fireplace
game loft
game room
community pool access
fire pit
vaulted ceilings
mountain views
Dollywood fireworks views

Building Details

Year built 2003
Floors in Building 2
Listing Agency: LPT Realty, LLC
Listed By: Jake Morris
Added: Aug 20 Last Checked: Aug 23 at 3:06PM
MLS# 313396

Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This short-term rental portfolio comprises four furnished properties marketed through five Airbnb listings in Pigeon Forge and Sevierville. The collection includes 8 bedrooms, 1 additional sleeping room, 9 bathrooms, and accommodations for up to 26 guests. Individual property features include mountain views, hot tubs, stone fireplaces, game rooms, an arcade, a fire pit, vaulted ceilings, and access to a community pool. Tennorado Retreat and Loveland Hideaway Unit 2 occupy the same parcel and can be presented together as a larger-group rental option.

The properties generated 662 verified guest reviews with a 4.88-star average rating. Furnishings and future bookings convey with the sale. The portfolio includes 5,731 square feet across 2.48 acres, with central heating and central air. The properties were built in 2003 and are identified with R1 zoning.

Key Highlights

  • Four properties operating through five Airbnb listings
  • 8 bedrooms, 1 sleeping room, 9 bathrooms, and capacity for 26 guests
  • 662 verified guest reviews with a 4.88‑star average rating

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Hair Salon (Bike/Boat/Book/etc) Store Storage Facility Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

Demographics for 37863, TN

6,988
Population
5,570
Households
1.3
Avg Household Size
40
Median Age
12%
College-Educated
74%
High-School Grad
17.2 sq mi
ZIP Area
406
Density / Sq Mi
$53,587
Median Household Income
$31,235
Median Earnings
$933
Median Rent
$253,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished vacation-rental holdings with established guest reviews, central amenities, and operating history across Pigeon Forge and Sevierville.
Where is this short term rental property located?
The property is located at 4137 Watson Pigeon Forge, TN.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Four properties operating through five Airbnb listings; 8 bedrooms, 1 sleeping room, 9 bathrooms, and capacity for 26 guests; 662 verified guest reviews with a 4.88‑star average rating
More about this property
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