Turnkey Smoky Mountain investment cabin with four private en-suite bedrooms - a layout multi-family groups specifically search for, and one that commands premium nightly rates. Generating roughly $74,000 over the last 12 months, with upside to $100,000+ once fully optimized.
Tucked into a quiet Sevierville neighborhood just behind the Tanger Outlets, this fully furnished cabin gives guests the mountain getaway feel while keeping them minutes from Dollywood, the Parkway, dining, and the attractions families come to the Smokies for. Easy access, real privacy, and a proven location.
Inside, 2,246 square feet spread across three levels deliver the space and separation larger groups want. Two king suites - each with a jacuzzi tub and private bath, anchor the home, joined by two additional queen bedrooms with their own en-suite baths. Every bedroom is a private retreat.
The great room is the showpiece: soaring cathedral ceilings and a floor-to-ceiling stacked-stone fireplace that creates a true mountain-lodge atmosphere. The kitchen is built for gatherings, with granite countertops, stainless appliances, and ample cabinetry. Downstairs, the lower-level game room - arcade games, air hockey, extra seating, and a second fireplace - keeps every age group entertained on a rainy mountain afternoon.
Step outside to two covered back decks, a covered front porch, mountain views, outdoor dining, and a six-person hot tub - the spaces guests remember and review. Recent updates including the HVAC system and a new water heater mean lower surprises and easier ownership from day one.
Strong location, a rare four-suite layout, and turnkey furnishings make this a well-positioned short-term rental ready to keep performing. Ask for the rental history and projections.
For sale
Price cut: $5K (5/29)
$749,999
1540 Rainbow Ridge Way, Sevierville, TN 37862
4beds
2,246sqft
Est.: Get pre-qualified
Single Family Residence, Residential
Built in 2005
-- sqft lot
$729,600 Zestimate®
$334/sqft
$100/mo HOA
What's special
Mountain viewsFully furnished cabinCovered front porchOutdoor diningFloor-to-ceiling stacked-stone fireplaceFour private en-suite bedroomsAmple cabinetry
- 83 days |
- 413 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Jeana Maddux 423-584-9466,
eXp Realty, LLC 7765 888-519-5113
Source: GSMAR, GSMMLS,MLS#: 310544
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Great Room
- Flooring: Carpet, Wood
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Electric
- Furnished: Yes
Interior area
- Total structure area: 2,246
- Total interior livable area: 2,246 sqft
- Finished area above ground: 1,382
- Finished area below ground: 864
Property
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck, Porch
Details
- Parcel number: 072K D 001.00
- Zoning: R-2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence, Residential
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Rainbow Ridge
HOA
- Has HOA: Yes
- HOA fee: $100 monthly
- HOA name: Rainbow Ridge Owners Association
- HOA phone: 607-423-6345
Location
- Region: Sevierville
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $490,600
- Annual tax amount: $2,904
- Date on market: 3/7/2026
- Listing terms: 1031 Exchange,Conventional
- Road surface type: Paved
Estimated market value
$729,600
$693,000 - $766,000
$6,968/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $749,999-0.7%$334/sqft |
Source: eXp Realty #310544 Report a problem | ||
| 5/21/2026 | Price change | $754,999-0.5%$336/sqft |
Source: | ||
| 5/1/2026 | Price change | $759,000-0.1%$338/sqft |
Source: | ||
| 3/7/2026 | Listed for sale | $760,000+1.3%$338/sqft |
Source: | ||
| 12/27/2024 | Sold | $750,000$334/sqft |
Source: | ||
| 11/25/2024 | Pending sale | $750,000$334/sqft |
Source: | ||
| 11/24/2024 | Listed for sale | $750,000+44.3%$334/sqft |
Source: | ||
| 9/8/2020 | Sold | $519,900+10.6%$231/sqft |
Source: | ||
| 5/10/2019 | Sold | $470,000+19%$209/sqft |
Source: | ||
| 9/15/2005 | Sold | $395,000$176/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,904 | $196,240 |
| 2024 | $2,904 | $196,240 |
| 2023 | $2,904 +60% | $196,240 +60% |
| 2022 | $1,815 | $122,650 |
| 2021 | -- | $122,650 +119.7% |
| 2020 | $1,038 | $55,825 |
| 2019 | $1,038 | $55,825 |
| 2018 | $1,038 +0% | $55,825 |
| 2017 | $1,038 | $55,825 |
| 2016 | $1,038 | $55,825 +7.4% |
| 2015 | -- | $51,975 +0% |
| 2014 | $847 | $51,968 |
| 2013 | $847 | $51,968 |
| 2012 | $847 | $51,968 |
| 2011 | $847 | $51,968 |
| 2010 | -- | $51,968 -41.2% |
| 2009 | $1,360 | $88,314 |
| 2008 | $1,360 | $88,314 |
| 2007 | $1,360 +14.9% | $88,314 |
| 2006 | $1,183 -19.3% | $88,314 |
| 2005 | $1,466 | $88,314 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37862
Nearby schools
GreatSchools rating
- NASevierville Primary SchoolGrades: PK-1Distance: 1.9 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 2.3 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Sevier County
- Sevierville
- 37862
- 1540 Rainbow Ridge Way






