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$1,200,000

1587 Rainbow Ridge Way, Sevierville, TN 37862

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Listing provided by: Jennie Ooten · United Real Estate Solutions

Source: East Tennessee REALTORS® MLS · MLS# 1354049

East Tennessee REALTORS IDXListing last updated

4
Beds
4 full · 1 half
Baths
2,366
Sq Ft
2026
Year Built
0.01
Lot (ac)
Single Family
Type

About this home

Discover an exceptional Smoky Mountain short-term rental investment opportunity featuring four bedrooms, four-and-a-half bathrooms, a private indoor pool, beautiful mountain views, and a highly desirable location just minutes from the main Parkway and Tanger Outlets. Expected to be completed during the first week of November 2026, this luxury new construction cabin combines upscale finishes, easy accessibility, privacy, and strong income potential. Situated at the end of a quiet cul-de-sac, the property offers a private setting with decks positioned to capture the surrounding Smoky Mountain views. Unlike many mountain cabins, this property provides gentle roads, easy access, and ample parking for at least four vehicles, all important features for attracting guests and encouraging repeat bookings. The main level features an open-concept kitchen, dining, and living area designed for entertaining large groups. The upgraded kitchen will include quality cabinetry, beautiful backsplash tile, and elevated finishes throughout. A dramatic floor-to-ceiling fireplace anchors the living room, while surrounding windows bring in abundant natural light and showcase the mountain setting. This level also includes a spacious primary bedroom with a private en suite bathroom, a convenient powder room, and main-level laundry. Upstairs, you will find two additional bedrooms, each with its own en suite bathroom, along with an open loft overlooking the living area below. The loft provides additional flexibility and could be designed as a small game room, reading area, or guest entertainment space. The lower level is built for vacation-rental appeal, offering a large fourth bedroom that could also serve as a fun bunk room, children's retreat, or additional game room. A full bathroom is also located on this level. The centerpiece of the lower level will be the large private indoor gunite swimming pool, finished with tile and surrounded by stamped concrete. Outside, the rear deck will provide space for a hot tub, creating another high-demand amenity for guests visiting the Smoky Mountains throughout the year. With projected annual gross rental revenue estimated between $150,000 and $175,000, this property has the potential to become a standout Airbnb, Vrbo, or overnight rental investment. Buyers seeking a new construction Smoky Mountain cabin with an indoor pool, mountain views, easy roads, convenient access, and potential eligibility for 2026 bonus depreciation should place this property at the top of their list. Buyers should consult their tax professional regarding depreciation and individual tax benefits. Rental projections are estimates and are not guaranteed. For a full video tour, search the property address on YouTube to view the complete construction walkthrough and see the progress firsthand.

Facts & features

Interior
Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • Half bathrooms: 1
Heating
  • Heating: Central, Forced Air, Electric
Cooling
  • Cooling: Central Cooling, Ceiling Fan(s)
Appliances
  • Included: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
  • Features: Cathedral Ceiling(s), Eat-in Kitchen
  • Basement: Finished
  • Fireplaces: 1
Rooms
  • Total rooms: 10
Interior area
  • Total interior livable area: 2,366 sqft
Property
Parking
  • Parking features: Off-Street Parking
  • Attached garage: No
Lot
  • Size: 0.01 acres · 435.6 sqft
  • Features: Cul-De-Sac, Rolling Slope
Exterior
  • Patio & porch: Deck
  • View: Mountain View
Details
  • Parcel number: 072K D 002.00 016
Construction
Type & style
  • Home type: Single Family
  • Property subtype: Single Family Residence
  • Structure: 2 Story Basement
  • Architectural style: Contemporary
Materials
  • Materials: Wood, Block, Frame, Other
Condition
  • Year built: 2026
Utilities
Utilities
  • Sewer: Public Sewer
  • Water: Public
  • Security: Smoke Detector
Community & HOA
Community
  • Subdivision: Moose Meadows PUD
  • County: Sevier County - 27
  • MLS area: Sevier County - 27
  • Region: Sevierville
HOA
  • Has HOA: Yes
  • HOA fee: $150 monthly
Financial & listing details
Financial
  • Price: $1,200,000
  • Price per square foot: $507/sqft
  • Annual tax: Price on request
Listing
  • Date on market: Sep 2, 2026
  • Days on market: 0
  • Status: Active
  • MLS #: 1354049

Location

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