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Corum & Patty Team
AHWD

1587 Rainbow Ridge Way, Sevierville, TN 37862

$1,200,000
  • 1587 Rainbow Ridge Way, Sevierville, TN 37862 Main Photo

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New to the Market Active
BEDS4 BATHS4 full 1 partial SQUARE FEET2,366 MLS#1354049
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMoose Meadows PUD

Property Description

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.

1587 Rainbow Ridge Way | MLS# 1354049

This single family home located at 1587 Rainbow Ridge Way, Sevierville, TN 37862 is currently listed for sale with an asking price of $1,200,000. This property has 4 bedrooms and 4 full and 1 partial baths with 2366 sq. ft. Rainbow Ridge Way is located in the Moose Meadows PUD subdivision. Search Moose Meadows PUD real estate on corum-patty-team.fergusonrealtors.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Forced Air, Electric
Home Style: Contemporary
Lot Size: 0.01 Acres

Amenities

Cathedral Ceiling(s)
Eat-in Kitchen

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Association/Condo Fee: 150/Monthly
Days on Site: 1
Exterior: Wood Siding, Block, Frame, Other
Fireplace: Gas Log
HOA Y/N: Yes
Lot: Cul-De-Sac, Rolling Slope
Parcel #: 072K D 002.00 016
Parking: Off-Street Parking
Security Features: Smoke Detector
Sewer: Public Sewer
Special View Info: Mountain View
SQFT Total: 2366
View: Mountain View
Water: Public

Listed By / Shown By

Listed By

Agency Name: United Real Estate Solutions

Shown By

Agent Name: Corum & Patty Team
Agent Phone: (865) 254-4668
Agency Title: Ferguson Realtors

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Estimated Payment

$ 6,417.85 per month $6,067.85 Principal & Interest $0.00 Property Tax (data not provided by mls) $350.00 Homeowner's Insurance

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TREC # 15429 Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/03/2026. The listing information on this page last changed on 09/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 09/03/2026 11:27:04 AM EST) or East Tennessee REALTORS (last updated Thu 09/03/2026 11:25:09 AM EST). Real estate listings held by brokerage firms other than Ferguson Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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