1540 Rainbow Ridge Way, Sevierville, TN 37862
Local realty services provided by:ERA In The Smokies Realty & Rentals
1540 Rainbow Ridge Way,Sevierville, TN 37862
$760,000
- 4 Beds
- 4 Baths
- 2,246 sq. ft.
- Single family
- Active
Listed by: jeana maddux
Office: exp realty, llc. 7720
MLS#:310544
Source:TN_GSMAR
Price summary
- Price:$760,000
- Price per sq. ft.:$338.38
- Monthly HOA dues:$100
About this home
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 $75,000 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 a new HVAC system and new water heater, making this a strong opportunity for investors looking to own a well-located Smoky Mountain short term rental.
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Home facts
- Year built:2005
- Listing ID #:310544
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Wood
- Basement Description:Finished
- Living area:2,246 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:2005
- Building area:2,246 sq. ft.
- Architectural Style:Cabin
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$760,000
- Price per sq. ft.:$338.38
- Tax amount:$2,904 (2025)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Amenities:Cathedral Ceiling(s), Ceiling Fan(s)
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