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For sale
  • $999,999

    1559 Rainbow Ridge Way, Sevierville, TN 37862

    5beds
    3,936sqft
    : 
    Single Family Residence, Residential
    Built in 2007
    -- sqft lot
    $951,100 Zestimate®
    $254/sqft
    $100/mo HOA

    What's special

    Small kitchenetteOpen floorplanMultiple deck areas
    Tucked in the heart of the Smoky Mountains, this 5 bedroom, 5 full and 2 half bathroom cabin was built for the kind of stays guests remember. With four levels of space, it comfortably sleeps 16+, yet it still feels private and peaceful thanks to multiple deck areas and a setting that gives you room to breathe. You're close enough to keep the calendar full. About 10 minutes to Pigeon Forge and roughly 8 minutes to Dollywood, so guests get the convenience they want without feeling like they're parked on top of everyone else. Walk in on the main level and the home immediately delivers that ''wow, this is why we booked it'' moment. The living area is wrapped in floor-to-ceiling windows, bringing in the Smokies and the view like it's part of the décor, with a fireplace centered as the anchor. The open floorplan flows into a kitchen that's ready for real group trips, featuring stainless steel appliances and solid surface countertops. There's also a half bath right by the front door and a king master suite on the main level with its own bathroom, jacuzzi tub, and double vanity, which tends to book incredibly well for multi-family trips. Upstairs, the top level has two bedrooms with ensuite bathrooms, connected by a walkway that feels like a little lodge moment overlooking the living space. On the next level down, you get another seating area framed by big windows and a gas fireplace, plus laundry, two more ensuite bedrooms, and a small kitchenette that makes the layout feel extra functional for larger groups. Step outside to the second deck and you'll find the hot tub with private, easy to access, and exactly what guests want after a day at the park or exploring the mountains. The bottom level keeps the fun going with a game room featuring a pool table, air hockey, and an arcade, plus large windows and another deck for even more hangout space, along with an additional half bath so the whole group isn't trekking upstairs. This cabin checks the boxes that matter for short-term rental success: strong bedroom and bathroom count, an open main gathering space, multiple entertainment zones, hot tub, view, ample parking, and easy roads that make arrivals smooth year-round. It's the kind of property that earns repeat guests because it feels like an experience, not just a place to sleep and that's where the real STR value lives.
    49 days
    |
    355
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 20, 2026 at 05:59pm

    Listed by:

    Jeana Maddux 423-584-9466,

    eXp Realty, LLC 7720 888-519-5113

    Source: GSMAR, GSMMLS,MLS#: 310282MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator, Washer
      • Laundry: Lower Level
      Features
      • Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Kitchen Island, Solid Surface Counters
      • Flooring: Luxury Vinyl, Wood
      • Basement: Finished
      • Number of fireplaces: 2
      • Fireplace features: Gas Log
      • Furnished: Yes
      Interior area
      • Total structure area: 3,936
      • Total interior livable area: 3,936 sqft
      • Finished area above ground: 1,600
      • Finished area below ground: 2,336

      Property

      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Covered, Deck
      • Pool features: Association
      Details
      • Parcel number: 072K D 00100 027
      • Zoning: R-2

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence, Residential
      Materials
      • Log Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Rainbow Ridge
      HOA
      • Has HOA: Yes
      • Amenities included: Pool
      • Services included: Roads
      • HOA fee: $100 monthly
      • HOA name: Rainbow Ridge Owners Association
      • HOA phone: 000-000-0000
      Location
      • Region: Sevierville

      Financial & listing details

      • Price per square foot: $254/sqft
      • Tax assessed value: $467,100
      • Annual tax amount: $2,765
      • Date on market: 2/21/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $951,100

        $904,000 - $999,000

        $4,090/mo

        Price history

        Price history
        DateEventPrice
        2/21/2026Listed for sale$999,999-13%$254/sqft
        Source: GSMAR, GSMMLS #310282 Report a problem
        9/2/2025Listing removed$1,149,000$292/sqft
        Source: East Tennessee Realtors #1291601 Report a problem
        4/27/2025Price change$1,149,000-1.7%$292/sqft
        Source: East Tennessee Realtors #1291601 Report a problem
        4/19/2025Price change$1,169,000-1.7%$297/sqft
        Source: East Tennessee Realtors #1291601 Report a problem
        4/10/2025Price change$1,189,000-0.8%$302/sqft
        Source: East Tennessee Realtors #1291601 Report a problem
        3/1/2025Listed for sale$1,199,000+4.3%$305/sqft
        Source: East Tennessee Realtors #1291601 Report a problem
        12/30/2021Sold$1,150,000+4.5%$292/sqft
        Source: GSMAR, GSMMLS #246288 Report a problem
        12/3/2021Pending sale$1,100,000$279/sqft
        Source: GSMAR, GSMMLS #246288 Report a problem
        11/30/2021Listed for sale$1,100,000+333.1%$279/sqft
        Source: GSMAR, GSMMLS #246288 Report a problem
        4/9/2012Sold$254,000$65/sqft
        Source: GSMAR, GSMMLS #163282 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$2,765 $186,840
        2024$2,765 $186,840
        2023$2,765 +60%$186,840 +60%
        2022$1,728 $116,775
        2021-- $116,775 +70.2%
        2020$1,276 $68,625
        2019$1,276 $68,625
        2018$1,276 +0%$68,625
        2017$1,276 $68,625
        2016$1,276 $68,625 -5%
        2015-- $72,250 +0%
        2014$1,178 $72,241
        2013$1,178 $72,241
        2012$1,178 $72,241
        2011$1,178 $72,241
        2010-- $72,241 -40.6%
        2009$1,873 $121,631
        2008$1,873 +637.2%$121,631 +637.2%
        2007$254 +14.9%$16,500
        2006$221 -19.3%$16,500
        2005$274 $16,500

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $5,362/mo
        Principal & interest
        $5045
        Property taxes
        $217
        HOA Fees
        $100
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          Climate risks

          Neighborhood: 37862

          Getting around

          7 / 100
          Car-Dependent
          6 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 37862

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