1540 Rainbow Ridge Way
Sevierville, TN, 37862 $ 759,000
Bedrooms4 Baths4.0 Sq 2,246 Monthly Estimate*
$ 4,673
for $759,000 with 4 bedrooms and 4 full baths. This 2,246 square foot home was built in 2005.
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. 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.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Dryer Electric Range Microwave Refrigerator Washer
Zoning R-2
HOA Fee 100
Garage Spaces 0
Patio/Porch Features Covered Deck Porch
Architectural Style Cabin
Year Built 2005
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Current Use Investment
Assoc Fee Paid Per Monthly
County Sevier
New Construction false
Property Type Residential
HOA true
Subdivision Name Rainbow Ridge
Garage Y/N false
Total Rooms 0
Full Baths 4
Status Active
Directions Traffic Light# from the Parkway drive 0.5M north toward Sevierville and turn Right onto Sugar Hollow Rd. Go 1.5 miles and turn Left onto Ridge Road. Then Left onto Rainbow Road and Right onto JED Trail.Immediate Right onto Rainbow Ridge Way. Follow to cabin on the Right.
City Sevierville
Disclosures Seller Disclosure
Association Name Rainbow Ridge Owners Association
MLS Area Sevierville
Tax Annual Amount 2904
Current Financing Conventional
MLS Area Minor Sevierville
Standard Status Active
Tax Lot 12
Occupancy Either
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InteriorInterior Amenities Cathedral Ceiling(s) Ceiling Fan(s) Granite Counters Great Room
Basement Finished
Flooring Carpet Wood
Furnished Y/N Furnished
Total Fireplaces 2
Fireplace Features Electric
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1382
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 864
Main Level Bathrooms 1
Total Baths 4
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ExteriorWater Source Public
Building Area Total 2246
Lot Size Acres 0
Road Surface Type Paved
Road Frontage Type Private Road
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* Excluded FeaturesList ByExp Realty, Llc 7720Broker
jeana.r.maddux@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,673
- Monthly Property Taxes
- $242
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Sevierville, TN
Average List Price $825,048
Percent of Sale Price 9%
About Sevierville, TN 15,602 Population
31% Since 2002
$ 40,641 Median Income
39.11 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/1/2026 | $759,000 | -0.13% | Price Down |
| 3/9/2026 | $760,000 | | Listed Price |