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.
Outdoor living is just as important in the Smokies, and this cabin delivers with two covered back decks, a covered front porch, mountain views, outdoor dining, and a six-person hot tub -- the kind of spaces guests remember, review, and rebook for.
Recent updates, including the HVAC system and a new water heater, add peace of mind and help reduce surprises for the next owner. With transferable Q4 bookings, a rare four-suite layout, turnkey furnishings, strong projected upside, and a location guests already love, this cabin is well-positioned to keep performing from day one.
Ask for the current bookings, projections, and walkthrough video.
For sale
$745,000
1540 Rainbow Ridge Way, Sevierville, TN 37862
4beds
2,246sqft
Single Family Residence, Residential
Built in 2005
-- sqft lot
$716,000 Zestimate®
$332/sqft
$100/mo HOA
What's special
Mountain viewsFully furnishedCovered front porchOutdoor diningFloor-to-ceiling stacked-stone fireplaceFour private en-suite bedroomsSix-person hot tub
- 9 days
- 341
- 22
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jeana Maddux 423-584-9466,
eXp Realty, LLC 7720 888-519-5113
Source: GSMAR, GSMMLS,MLS#: 313400
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
Video & virtual tour
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: $332/sqft
- Tax assessed value: $490,600
- Annual tax amount: $2,904
- Date on market: 8/20/2026
- Listing terms: 1031 Exchange,Conventional
- Road surface type: Paved
Estimated market value
$716,000
$680,000 - $752,000
$3,742/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $745,000+0%$332/sqft |
Source: | ||
| 8/1/2026 | Listing removed | $744,999$332/sqft |
Source: eXp Realty #310544 Report a problem | ||
| 7/10/2026 | Price change | $744,999-0.7%$332/sqft |
Source: | ||
| 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: | ||
| 9/15/2020 | Sold | $519,900+10.6%$231/sqft |
Source: Public Record Report a problem | ||
| 5/15/2019 | Sold | $470,000+19%$209/sqft |
Source: Public Record Report a problem | ||
| 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
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