1540 Rainbow Ridge Way

Sevierville, TN
$ 742,500 Beds 4 Baths 4 Sq 2,246 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 742,500
  • City
  • Sevierville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • SEVIER
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • Zip
  • 37862
  • Sqr Footage
  • 2,246
  • Year Built
  • 2005
  • Taxes
  • $ 2904
  • Style
  • Cabin
  • MLS#
  • 3591827
Listed By: eXp Realty;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living 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 Three Or More
Property Subtype Single Family Residence
Assoc Fee Paid Per Monthly
County Sevier County,TN
New Construction No
Property Type Residential
Attached Garage No
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 No
Lot Size Units Acres
Property Attached Y/N No
Tax Annual Amount 2904
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 12

Interior Features

Interior Amenities High Ceilings,Ceiling Fan(s)
Basement Finished
Flooring Carpet,Wood
Total Fireplaces 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Agent Measured
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

Exterior Features

Water Source Public
Building Area Total 2246
Lot Size Source Agent Calculated
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Tullahoma, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/14/2026 Listed $745,000
9/25/2026 1% - $742,500

Property vs Zip Code Average in 37862

Price
AVG $870K
$740K
Taxes
AVG $1,996
$2,904
Year Built
AVG 2005
2005
Visits
AVG 0
7
Data Provided by Inside Real Estate®

Areas That We Cover

1540 Rainbow Ridge Way Sevierville, TN is a Single Family Home for sale at $742500 with 2246 sqft and a lot size of Acre(s). 1540 Rainbow Ridge Way Sevierville has 4 bedrooms, 4 baths and was built in 2005. The property's zip code is 37862 which is in Sevierville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.