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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
    $988,400 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.
    9 days
    |
    510
    |
    21
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 20, 2026 at 05:50pm

    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

    $988,400

    $939,000 - $1.04M

    $3,029/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

    BuyAbility℠ payment

    Est. payment
    $4,954/mo
    Principal & interest
    $4637
    Property taxes
    $217
    HOA Fees
    $100

      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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