For sale Home

Listed Aug 20, 2026

$742,500 Est. $4,911/mo

1540 Rainbow Ridge Way

  • 4

    Beds

  • 4

    Baths

  • 2,246

    Sq ft

The story

  • Basement

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.

Facts & features

Home type

Home

Year built

2005

Floors

3

Price per sq ft

$331

HOA

$100 / monthly

Included features

  • Fireplace

    2 fireplaces

  • Basement

    Yes

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

  • Flooring

    Carpet, Wood

  • Roof

    Metal

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$4,911 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,952
  • Property tax $743
  • Insurance $217

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

eXp Realty

Broker Name

eXp Realty

Agent

Jeana Maddux