1540 Rainbow Ridge Way, Sevierville, TN 37862

$745,000
4
BD
4
BA
2,246
SqFt

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List Price
$745,000
Status
ACTIVE
MLS#
313400
Bedrooms
4
Full-baths
4
Sq. Ft
2,246
Year Built
2005
Subdivision
Rainbow Ridge

Property Description

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. 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.

Additional Information

Price Per Sqft
$331
Days on Market
1
Annual Tax
2904
Tax Year
2025
Hoa Fee
$100
Hoa Freq
Monthly
Style
Cabin
Stories
Three Or More
Interior Features
Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Great Room
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Basement
Finished
Roof
Metal
Fireplace Type
Electric
Heating
Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC 7720.

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .