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1540 Rainbow Ridge Way, Sevierville, TN 37862

$760,000
  • 1540 Rainbow Ridge Way, Sevierville, TN 37862 Main Photo

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Active
BEDS4 BATHS4 full SQUARE FEET2,246 MLS#310544
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONRainbow Ridge

Property Description

If you're looking for a short-term rental in the heart of Pigeon Forge with strong guest appeal and proven income potential, this cabin checks the boxes investors care about. Tucked into a quiet neighborhood just behind the Tanger Outlets, guests get the mountain cabin experience while staying just minutes from Dollywood, the Parkway, restaurants, and the attractions families come to the Smokies to enjoy.The 4 bedroom, 4 bath layout is ideal for multi-family bookings, with two king suites featuring jacuzzi tubs and private bathrooms, plus two additional queen bedrooms with their own en-suite baths. With 2,246 square feet spread across three levels, the layout provides space and privacy that guests appreciate, making it a comfortable choice for larger groups traveling together.Inside, the cabin blends that classic Smoky Mountain feel with modern updates. The great room features soaring ceilings and a stunning floor-to-ceiling stone fireplace that creates a true mountain lodge atmosphere. The spacious kitchen includes granite countertops, stainless appliances, and beautiful cabinetry, creating a welcoming gathering space for meals and conversation. The lower level game room offers arcade games, air hockey, and additional seating, while a second electric fireplace adds extra comfort.Outdoor spaces are designed for relaxing after a day in the Smokies, with two covered back decks, a covered front porch, mountain views, outdoor dining, and a six person hot tub. In 2025 the property generated over $62,000 in gross revenue from just 67 reservations at 51% occupancy with only nine months of rental activity, with projections up to $120,000 once fully optimized. Recent updates include the HVAC system and new water heater, making this a strong opportunity for investors looking to own a well-located Smoky Mountain short term rental.

1540 Rainbow Ridge Way | MLS# 310544

This single family home located at 1540 Rainbow Ridge Way, Sevierville, TN 37862 is currently listed for sale with an asking price of $760,000. This property was built in 2005 and has 4 bedrooms and 4 full baths with 2246 sq. ft. Rainbow Ridge Way is located in the Rainbow Ridge subdivision. Search Rainbow Ridge real estate on www.franklinrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Finished
Basement: Yes
Cooling: Central Air
Fireplaces: 2
Heating: Central
Home Style: Cabin
Taxes: $2,904
Year Built: 2005

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Association/Condo Fee: 100
Days on Site: 24
Fireplace: Electric
Flooring: Carpet, Wood
HOA Y/N: Yes
Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Great Room
Parcel #: 072K D 001.00
Patio/Porch: Covered, Deck, Porch

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC 7720

Shown By

Agency Title: Franklin Realty Inc.
Agency Phone: 865-484-0660

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Estimated Payment

$ 5,123.27 per month $4,659.61 Principal & Interest $242.00 Property Tax $221.67 Homeowner's Insurance

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