If you're looking for a short-term rental in the heart of Pigeon Forge with strong guest appeal and proven income potential, this cabin checks the boxes investors care about. Tucked into a quiet neighborhood just behind the Tanger Outlets, guests get the mountain cabin experience while staying just minutes from Dollywood, the Parkway, restaurants, and the attractions families come to the Smokies to enjoy.
The 4 bedroom, 4 bath layout is ideal for multi-family bookings, with two king suites featuring jacuzzi tubs and private bathrooms, plus two additional queen bedrooms with their own en-suite baths. With 2,246 square feet spread across three levels, the layout provides space and privacy that guests appreciate, making it a comfortable choice for larger groups traveling together.
Inside, the cabin blends that classic Smoky Mountain feel with modern updates. The great room features soaring ceilings and a stunning floor-to-ceiling stone fireplace that creates a true mountain lodge atmosphere. The spacious kitchen includes granite countertops, stainless appliances, and beautiful cabinetry, creating a welcoming gathering space for meals and conversation. The lower level game room offers arcade games, air hockey, and additional seating, while a second electric fireplace adds extra comfort.
Outdoor spaces are designed for relaxing after a day in the Smokies, with two covered back decks, a covered front porch, mountain views, outdoor dining, and a six person hot tub. In 2025 the property generated over $62,000 in gross revenue from just 67 reservations at 51% occupancy with only nine months of rental activity, with projections up to $120,000 once fully optimized. Recent updates include the HVAC system and new water heater, making this a strong opportunity for investors looking to own a well-located Smoky Mountain short term rental.
For sale
$760,000
1540 Rainbow Ridge Way, Sevierville, TN 37862
4beds
2,246sqft
Est.:
Single Family Residence, Residential
Built in 2005
-- sqft lot
$730,500 Zestimate®
$338/sqft
$100/mo HOA
What's special
Mountain viewsLower level game roomSecond electric fireplaceCovered front porchOutdoor diningStunning floor-to-ceiling stone fireplaceArcade games
- 19 days |
- 799 |
- 27 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 09, 2026 at 08:09am
Listed by:
Jeana Maddux 423-584-9466,
eXp Realty, LLC 7720 888-519-5113
Source: GSMAR, GSMMLS,MLS#: 310544
Tour with a local agent
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
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: $338/sqft
- Tax assessed value: $490,600
- Annual tax amount: $2,904
- Date on market: 3/7/2026
- Listing terms: 1031 Exchange,Conventional
- Road surface type: Paved
Estimated market value
$730,500
$694,000 - $767,000
$3,851/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 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: | ||
| 9/8/2020 | Sold | $519,900+10.6%$231/sqft |
Source: | ||
| 5/10/2019 | Sold | $470,000+19%$209/sqft |
Source: | ||
| 9/15/2005 | Sold | $395,000$176/sqft |
Source: Public Record Report a problem | ||
Public tax history
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
BuyAbility℠ payment
Est. payment
$4,046/mo
Principal & interest
$3781
Property taxes
$165
HOA Fees
$100
More affordability tools
Climate risks
Neighborhood: 37862
Nearby schools
GreatSchools rating
- NASevierville Primary SchoolGrades: PK-2Distance: 1.9 mi
- NASevierville Middle SchoolGrades: 6-8Distance: 2.2 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 2.3 mi
Local experts in 37862
- Tennessee
- Sevier County
- Sevierville
- 37862
- 1540 Rainbow Ridge Way







