$499,000
$126K PRICE DROP

1528 Rainbow Ridge Way Sevierville, TN 37862

Estimated payment $2,905/month

Total Views 16,265
2 Beds
2 Baths
1,440 Sq Ft
$347 Price per Sq Ft

Highlights

  • Spa
  • 1 Acre Lot
  • Vaulted Ceiling
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Wood Flooring

About This Home

Don't miss this incredible opportunity to own a high-performing short-term rental in the heart of the Smoky Mountains! This 2BR/2BA cabin is fully turnkey and ready to generate income from day one, or serve as your ideal vacation getaway. Its excellent location, just 7 minutes from the Parkway and under 15 minutes from Dollywood, means easy access to top attractions, restaurants, and shopping, while getting the privacy guests love.

This well-maintained property blends mountain charm with modern comfort. The inviting interior features vaulted wood ceilings, a stone fireplace, and a spacious open-concept layout. The updated kitchen offers modern appliances and plenty of counter space for guests or family use.

Each bedroom includes a private jetted tub, and the large game room, with a pool table and Ms. Pac-Man arcade game, keeps guests entertained, ensuring strong rental appeal. Step out onto the private deck and enjoy the peaceful wooded setting from the brand-new hot tub (installed last week).

With a proven history of strong short-term rental income, low maintenance needs, and high guest ratings on Airbnb, this property checks all the boxes for investors and vacation homeowners alike.

Turnkey, profitable, and perfectly located—schedule your private showing today!

23: $70,660 24: $57,350 25: up to date $39,290 On track to earn $52,000

Listing Agent

Valerie Thompson

Redfin License #370280 Listed on: 06/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Level Lot

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Vaulted Ceiling
  • Electric Fireplace
  • Open Floorplan
  • Bonus Room
  • Storage
  • Dryer
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • Association fees include grounds maintenance
  • Rainbow Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 072K D 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,862

Year Built

Built in 2005

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Directions: Starting on the Parkway in Sevierville, turn onto Collier Dr. (Governor's Crossing across from Walmart). Go Approximately 1 mile, take a sharp RIGHT onto Rainbow Rd. Drive 1.2 miles, turn LEFT into Rainbow Ridge resort. Take first RIGHT onto Rainbow Ridge Rd. Cabin is on the Right-
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2005
  • Lot Size Acres: 1.0
  • Subdivision Name: Rainbow Ridge
  • Architectural Style: Cabin
  • General Property Description:SqFt - Main Lvl: 720.0
  • General Property Description:SqFt - 2nd Flr Lvl: 720.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar

Exterior Features

  • Lot Features: Level, Rolling Slope
  • Construction Type: Log
  • Patio And Porch Features: Porch - Covered, Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Grounds Maintenance

Lot Info

  • Parcel #: 072K D 001.00

Tax Info

  • Tax Annual Amount: 1862.43

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,862 $125,840 $14,000 $111,840
2024 $1,862 $125,840 $14,000 $111,840
2023 $1,862 $125,840 $0 $0
2022 $1,164 $78,650 $8,750 $69,900
2021 $1,164 $78,650 $8,750 $69,900
2020 $734 $78,650 $8,750 $69,900
2019 $734 $39,450 $8,750 $30,700
2018 $734 $39,450 $8,750 $30,700
2017 $734 $39,450 $8,750 $30,700
2016 $734 $39,450 $8,750 $30,700
2015 -- $38,725 $0 $0
2014 $631 $38,722 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2025 10/19/25 Price Changed $499,000 -5.0% $347 / Sq Ft
06/20/2025 06/20/25 Price Changed $525,000 -16.0% $365 / Sq Ft
06/12/2025 06/12/25 For Sale $625,000 +94.1% $434 / Sq Ft
11/21/2019 11/21/19 Off Market $322,000 -- --
08/22/2019 08/22/19 Sold $322,000 -0.9% $218 / Sq Ft View Prior Sale
07/21/2019 07/21/19 For Sale $325,000 +54.8% $220 / Sq Ft
01/18/2019 01/18/19 Off Market $210,000 -- --
10/20/2017 10/20/17 Sold $210,000 +5.1% $146 / Sq Ft View Prior Sale
09/11/2017 09/11/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $199,900 -- $139 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $132,000 --
Deed $173,540 --
Deed $269,000 --
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1304474

East Tennessee REALTORS® MLS

APN: 072K-D-001.00-010