1520 Rainbow Ridge Way

Sevierville, TN 37862

$975,000
Last Sold Price
7
Beds
3,236 Sq. Ft.
$301 / Sq. Ft.
3,236
Sq. Ft.
$301
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 10/22/21
Closed 10/22/21
lhl5
ext2
hottub
view2
dinnigroom1
kitchen1
livingroom2
livingroom1_
poolroom1
lhl3
lhlpt
lhlarcade
bunkbeds2
bunkbeds1
bedroom1
bedroom1-5
bedroom2
bedroom2-5
bedroom3
bedroom3-5
bedroom4
bedroom4-5
br3 (1)
br3-1
br4
br5-1
lhlml
lhlul
lhl-df
lhl-mf
lhl-tf

Description

Location! Huge, income producing cabin with amazing location. This 7 bedroom 7 1/2 bath cabin is just a short drive off of the Parkway near the Tanger shopping outlets. Gross earnings of $94k already on the books for 2021. Walking into the main level you are welcomed with tall cathedral ceilings, open concept living room and kitchen, and 2 Master Suites. Downstairs is a party paradise with 2 master suites, 1 bunk room suite, and a fully equipped game room. Upstairs will be 2 additional Master Suites....Location! Huge, income producing cabin with amazing location. This 7 bedroom 7 1/2 bath cabin is just a short drive off of the Parkway near the Tanger shopping outlets. Gross earnings of $94k already on the books for 2021. Walking into the main level you are welcomed with tall cathedral ceilings, open concept living room and kitchen, and 2 Master Suites. Downstairs is a party paradise with 2 master suites, 1 bunk room suite, and a fully equipped game room. Upstairs will be 2 additional Master Suites. The cabin can sleep 20 guests on the rental program. The cabin grossed $85k in 2019 and $66k in 2020 (multiple cancellations due to COVID). With the size, amazing location, and established rentals, this cabin is sure to make a great addition to your portfolio.
  1. Listed by Danielle Henderson • Tennessee Mountain Real Estate
  2. Listed by hendersontnhomes@gmail.com, Noah Henderson • Tennessee Mountain Real Estate

Property Details for 1520 Rainbow Ridge Way

Architectural Style
Cabin
Sub division Name
Rainbow Ridge
View
Country Setting
Style Cabin
True
LISTING CLOSED: 10/22/2021 12:00 AM

Property Details for 1520 Rainbow Ridge Way

StatusClosed
MLS #1156867
Days on Market61
Taxes$1,447 / year
HOA Fees$100 / month
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeSingle Family / Residential
Year Built2006
Lot Size0.01 AC / 435 SF
CountySevier County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Tennessee Mountain Real Estate, Danielle Henderson; Tennessee Mountain Real Estate, hendersontnhomes@gmail.com, Noah Henderson (865.406.3756)

Sold By Non-Member Office, Non Member Non Member

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Building Information for 1520 Rainbow Ridge Way

Stories-Year Built2006Building Size-Lot Size0.01 AC / 435 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$5,079 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,859

Property Taxes

$121

HOA Dues

$100

The Payment Calculator is for illustrative purposes only.

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Property Information for 1520 Rainbow Ridge Way

Summary
Location and General Information
  • City: Sevierville
  • County Or Parish: Sevier County - 27
  • Directions: From Downtown Sevierville, TN Take Veterans Blvd and Ridge Rd to Rainbow Rd 8 min (4.3 mi) Continue on Rainbow Rd. Drive to Rainbow Ridge Way 2 min (0.6 mi) Arrive at 1520 Rainbow Ridge Way Sevierville, TN 37862
  • Latitude: 35.828513
  • Longitude: -83.559408
  • MLS Area Major: Sevier County - 27
  • MLS Area Minor: Sevier County - 27
  • Postal Code: 37862
  • State Or Province: TN
  • View Country Setting: True
  • Location Tax Legal Info Area: Sevier County - 27
  • Remarks Misc Directions: From Downtown Sevierville, TN Take Veterans Blvd and Ridge Rd to Rainbow Rd 8 min (4.3 mi) Continue on Rainbow Rd. Drive to Rainbow Ridge Way 2 min (0.6 mi) Arrive at 1520 Rainbow Ridge Way Sevierville, TN 37862
  • Topography Level: True
Parking
  • Attached Garage: No
  • Parking Features: Designated Parking
  • Atchd Dtchd Type Detached: True
  • Garage Parking Designated Parking: True
Taxes and HOA Information
  • Association Fee: 100.0
  • Association Fee Includes: Grounds Maintenance
  • Association: true
  • Association Fee Frequency: Monthly
  • Parcel Number: 072K D 001.00 006
  • Association Fee Incl Grounds Maintenance: True
  • Location Tax Legal Info Total Tax: 1447.08
  • General Property Description HOA Fee: 100.0
  • General Property Description HOA Freq: Monthly
  • General Property Description HOA Contact: (607) 423-6345
  • General Property Description HOA: Mandatory
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.01
  • Lot Size Units: Acres
  • Lot Size Square Feet: 435.6
  • Year Built: 2006
  • Lot Features: Zero Lot Line
  • Building Area Total: 3236.0
  • Living Area Source: Owner
  • Lot Size Acres: 0.01
  • Lot Size Source: Owner
  • General Property Description SqFt - Main Lvl: 1280.0
  • General Property Description SqFt - Down Lvl: 1280.0
  • General Property Description SqFt - 2nd Flr Lvl: 676.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Owner
  • General Property Description Acres: 0.01
  • General Property Description Acre Source: Owner
  • General Property Description Site Built: Yes
  • Lot Description Level: True
  • Lot Description Zero Lot Line: True
Property and Assessments
  • Possession: Negotiable
  • Property Attached: No
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Residential
  • Possession Negotiable: True
Utilities
  • Fuel Electric: True
  • Misc Features Internet Available: True
  • Sewer Public Sewer: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered, Balcony, Deck
  • Construction Materials: Log
  • Siding Log: True
  • Community Amenities Lawn Care: True
  • Exterior Features Balcony: True
  • Exterior Features Deck: True
  • Exterior Features Porch - Covered: True
Interior Features
  • Beds Total: 7
  • Baths Full: 7
  • Baths Half: 1
  • Cooling: Central Cooling
  • Fireplaces Total: 4
  • Fireplace: Yes
  • Bathrooms Total Integer: 8
  • Cooling Details: Yes
  • Kitchen Appliances: Washer, Dishwasher, Dryer, Microwave, Refrigerator
  • Basement: Yes
  • Heating Details: Central
  • Flooring: Hardwood, Laminate, Carpet
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace Gas Log: True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Hardwood: True
  • Floors Laminate: True
  • Basement Finished: True
  • General Property Description Number of Bedrooms: 7
  • General Property Description Number of Rooms: 16
  • General Property Description Fireplace: Yes
  • General Property Description Number of Fireplace: 4.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: Yes
  • General Property Description Extra Storage: No
  • Heat Central: True
  • Dining Area KitchenDining Rm Co: True
  • Appliances Dishwasher: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Washer: True
  • Other Rooms 2nd Rec Room: True
  • Other Rooms Basement Rec Room: True
  • Other Rooms Family Room: True
  • Other Rooms Laundry Utility: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Other Rooms OfficeBR Main Level: True
  • Misc Features Cathedral Ceiling: True
  • Misc Features Hot Tub: True
Room Information
Room
  • Rooms Total: 16
Rental
Rent Information
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central

Property History for 1520 Rainbow Ridge Way

DateEvent & SourcePriceAppreciation
Oct 22, 2021

Closed

KAARMLS #1156867

$975,000—
Oct 21, 2021

Closed (Public Record)

Public Record #1475029036

$975,000

+20.8% / yr

Sep 17, 2021

Contract - Not Showing

KAARMLS #1156867

—
DateEvent & SourcePrice
10/22/2021

Closed

KAARMLS #1156867

$975,000
10/21/2021

Closed (Public Record)

Public Record #1475029036

$975,000

+20.8% / yr

09/17/2021

Contract - Not Showing

KAARMLS #1156867

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1520 Rainbow Ridge Way

Taxable ValueLand$14,000Additions$214,240Total$228,240
Tax Record2025$3,378 ($282 / month)
Home Facts
Beds0Total Finished SqFt4,480 SqFtAbove Grade Finished SqFt3,200 SqFtFinished Basement SqFt1,280 SqFtStories2StyleSingle Family ResidenceYear Built2006ZoningR-2CountySEVIERAPN072K D 00100 006Fireplace TypeHas Fireplace

Schools near 1520 Rainbow Ridge Way

This home is within Sevier County School District.
Rating
School
Type
Grades
Distance
Sevierville Primary School
Public - PK to 1
Pigeon Forge Middle School
Public - 7 to 9
Pigeon Forge High School
Public - 10 to 12
Sevierville Middle School
Public - 6 to 8
Rating
School
Distance
Sevierville Primary School
PublicPK to 1

Pigeon Forge Middle School
Public7 to 9

Pigeon Forge High School
Public10 to 12

Sevierville Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tennessee Mountain Real Estate, Danielle Henderson; Tennessee Mountain Real Estate, hendersontnhomes@gmail.com, Noah Henderson (865.406.3756)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 04/13/2022 11:26 PM