1587 Rainbow Ridge Way, Sevierville, TN 37862

$1,200,000
: 4
BD
: 5
BA
: 2,366
SqFt

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List Price: $1,200,000
MLS#: 1354049
Status: ACTIVE
Type: Single Family Residential
City: Sevierville
County: Sevier
Bedrooms: 4
Bathrooms: 5
Baths Half: 1
Baths Full: 4
Living Area: 2,366
Year Built: 2026

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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.

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