1540 Rainbow Ridge Way
Sevierville, TN, 37862 $ 742,500
Bedrooms4 Baths4.0 Sq 2,246 Monthly Estimate*
$ 5,128
for $742,500 with 4 bedrooms and 4 full baths. This 2,246 square foot home was built in 2005.
Turnkey Smoky Mountain investment cabin with the kind of layout STR buyers are hunting for: four private en-suite bedrooms, transferable bookings, and clear upside with continued optimization. This fully furnished Sevierville cabin is already positioned as a strong short-term rental, with projections showing potential to reach $100,000+ gross revenue once fully optimized. Even better, there are approximately $21,500 in Q4 bookings that may transfer to the buyer, giving the next owner the opportunity to start with income already on the books -- with plenty of open dates still left to capture. Tucked into a quiet Sevierville neighborhood just behind the Tanger Outlets, the location gives guests the best of both worlds: a true Smoky Mountain cabin feel with quick access to Dollywood, the Parkway, dining, shopping, and the attractions families come here for. Easy access, real privacy, and a proven rental location make this one a strong fit for investors looking for both guest appeal and operational simplicity. Inside, 2,246 square feet across three levels provides the space and separation larger groups want. Two king suites, each with a jacuzzi tub and private bath, anchor the home, while two additional queen bedrooms each offer their own en-suite bath. Every bedroom functions as a private retreat -- a major selling point for multi-family groups and one of the layout features that can help command stronger nightly rates. The great room delivers the mountain-lodge experience guests expect, with soaring cathedral ceilings and a floor-to-ceiling stacked-stone fireplace. The kitchen is built for gatherings, featuring granite countertops, stainless appliances, and ample cabinetry. Downstairs, the lower-level game room with arcade games, air hockey, extra seating, and a second fireplace gives guests another place to spread out and enjoy the cabin.
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FeaturesGeneralLiving Area 2246
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Dryer Electric Range Microwave Refrigerator Washer
HOA Fee 100
Patio/Porch Features Deck Covered
Architectural Style Cabin
Year Built 2005
Stories Count 3
Levels Two
Property Subtype Single Family Residence
Assoc Fee Paid Per Monthly
County Sevier County TN
New Construction N
Property Type Residential
Attached Garage N
Subdivision Name Rainbow Ridge
Full Baths 4
Status Active
Buyer Financing Other Conventional
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 Tra
City Sevierville
Senior Community Y/N N
Lot Size Units Acres
Property Attached Y/N N
Tax Annual Amount 2904
Virtual Tour https://www.zillow.com/view-imx/8afdb07c-b05d-46b8-81f7-b5d4d727eb72?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 12
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InteriorInterior Amenities High Ceilings Ceiling Fan(s)
Basement Finished
Flooring Carpet Wood
Total Fireplaces 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1382
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 864
Main Level Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Agent Measured
Above Grade Finished Area Source Agent Measured
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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ExteriorWater Source Public
Total Parking 0
Building Area Total 2246
Lot Size Source Agent Calculated
Waterfront Y/N N
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* Excluded FeaturesList Byjeana.r.maddux@exprealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,128
- Monthly Property Taxes
- $242
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 $815,141
Percent of Sale Price 10%
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.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/25/2026 | $742,500 | -0.34% | Price Down |
| 9/14/2026 | $745,000 | | Listed Price |