1540 Rainbow Ridge WAY Sevierville, TN 37862
4 Beds
4 Baths
2,246 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,246 sqft
Price per Sqft $331
Subdivision Rainbow Ridge
MLS Listing ID 313400
Style Cabin
Bedrooms 4
Full Baths 4
HOA Fees $100/mo
HOA Y/N Yes
Abv Grd Liv Area 1,382
Year Built 2005
Annual Tax Amount $2,904
Tax Year 2025
Property Sub-Type Single Family Residence
Source Great Smoky Mountains Association of REALTORS®
Land Area 2246
Property Description
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.
Location
State TN
County Sevier
Zoning R-2
Direction 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.
Rooms
Basement Finished
Interior
Interior Features Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Great Room
Heating Central
Cooling Central Air
Flooring Carpet, Wood
Fireplaces Number 2
Fireplaces Type Electric
Furnishings Furnished
Fireplace Yes
Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Exterior
Roof Type Metal
Street Surface Paved
Porch Covered, Deck, Porch
Road Frontage Private Road
Garage No
Building
Story 3
Sewer Public Sewer
Water Public
Architectural Style Cabin
New Construction No
Others
Acceptable Financing 1031 Exchange, Conventional
Listing Terms 1031 Exchange, Conventional
Virtual Tour https://www.zillow.com/view-imx/8afdb07c-b05d-46b8-81f7-b5d4d727eb72?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
