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Off market
  • $780,600

    1524 Rainbow Ridge Way, Sevierville, TN 37862

    4beds
    2,600sqft
    SingleFamily
    Built in 2007
    -- sqft lot
    $780,600 Zestimate®
    $300/sqft
    $3,562 Estimated rent

    Home value

    $780,600

    $710,000 - $859,000

    $3,562/mo

    Zestimate® history
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    Rent Zestimate®

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    $4,216/mo

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    $4,216/mo

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    What's special

    Mountain Pool Lodge is a terrific opportunity to purchase a high income earning cabin in a prime location with its own private indoor pool. The 4 bedroom cabin is ideally situated just a couple minutes from the prime shopping at Tanger Outlet Mall and has premier access via Collier Drive, Veterans, and a variety of other roads for easy access. The cabin checks all the boxes for an ideal investment cabin and short term rental in the Smoky Mountains with its private indoor pool, theater, mountain view, and convenient location. Some recent updates and improvements have been completed to really enhance the property and make it appealing as a top performing rental cabin. The property features 3 bedroom suites with king sized beds and one bedroom that has queen over queen log bunk beds. In one year the cabin grossed $92,609 (just in rental amounts, not including taxes, fees, etc) creating a gross rental multiplier (GRM) well below the average GRM for Sevier County short term rental cabins in 2019. Making it a prime opportunity for a quality investment cabin in Sevier County.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • W/D Connection, Wood Floors, Ceiling Fan(s), Furniture, Window Treatment, Cathedral Ceiling, Great Room, Recreation Room, Private Pool, Media Room, Inside Inground Pool
    Interior area
    • Total interior livable area: 2,600 sqft

    Property

    Details
    • Zoning: R-2

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Sewer

    Community & neighborhood

    Location
    • Region: Sevierville

    Other

    Other facts
    • Construction Type: Site Built
    • Zoning Entity: Sevier County
    • Occupancy: Either
    • COOLING: Electric H/P
    • HEATING: Electric H/P
    • INTERIOR FEATURES: W/D Connection, Wood Floors, Ceiling Fan(s), Furniture, Window Treatment, Cathedral Ceiling, Great Room, Recreation Room, Private Pool, Media Room, Inside Inground Pool
    • ROOF: Metal
    • WATER: Utility
    • ACCESS: Private Road
    • APPLIANCES: Dryer, Electric Range, Refrigerator, Washer, Dishwasher
    • EXTERIOR FEATURES: Deck, Surfaced Drive, Double Window
    • SEWER: Sewer
    • CONSTRUCTION: Log, Wood Siding, Log Look
    • STYLE: Log, Cabin
    • MISCELLANEOUS: Pool, Hot Tub, Planned Unit Development, Mountain View
    • FIREPLACE: 1, Electric
    • Zoning: R-2
    • RENTAL: Rental History

    Price history

    DateEventPrice
    4/22/2020Sold$600,000+0.2%$231/sqft
    Source: Agent Provided
    1/22/2020Pending sale$599,000$230/sqft
    Source: Smoky Mountain Real Estate Corporation #226560
    1/22/2020Listed for sale$599,000+192.2%$230/sqft
    Source: Smoky Mountain Real Estate Corporation #226560
    10/21/2016Sold$205,000-26.5%$79/sqft
    Source: East Tennessee Realtors #976768
    2/2/2013Listing removed$279,000$107/sqft
    Source: CENTURY 21 Four Seasons Realty #165074

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37862

    Nearby schools

    GreatSchools rating
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