1587 Rainbow Ridge Way

Sevierville, TN
$ 1,200,000 Beds 4 Baths 4.5 Sq 2,366
Monthly Estimate* How much can I afford?

NEW CONSTRUCTION, DONE OCTOBER 2026 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 October 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.

Active

  • Price
  • $ 1,200,000
  • City
  • Sevierville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • Sevier
  • Half Bathrooms
  • 1
  • Area
  • Sevier County
  • Lot Size
  • 0.01 Acres
  • Zip
  • 37862
  • Sqr Footage
  • 2,366
  • Year Built
  • 2026
  • Style
  • Contemporary
  • MLS#
  • 1354049
Listed By: United Real Estate Solutions
Data Source: Knoxville MLS (KAAR)

Features

General

Sewer Public Sewer
Heating Central,Forced Air,Electric
Cooling Central Cooling,Ceiling Fan(s)
Appliances Dishwasher,Dryer,Microwave,Refrigerator,Self Cleaning Oven,Washer
HOA Fee 150
Architectural Style Contemporary
Security Features Smoke Detector
Construction Materials Wood Siding,Block,Frame,Other
Year Built 2026
View Mountain View
Property Subtype Single Family Residence
Assoc Fee Paid Per Monthly
County Sevier County - 27
Property Type Single Family
HOA true
Attached Garage false
Subdivision Name Moose Meadows PUD
Total Rooms 10
Full Baths 4
Status Active
Directions From the Parkway turn onto Collier Drive. Turn Right onto Ridge Rd. Turn right onto Rainbow Ridge rd. Turn right onto Jed Trail. Rainbow Ridge Rd. House will be at the end of the cut-de-sac.
City Sevierville
MLS Area Sevier County - 27
Lot Size Units Acres
Lot Size Square Feet 435.6
Property Attached Y/N false
MLS Area Minor Sevier County - 27
Structure Type 2 Story Basement
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing Exchange true

Interior Features

Interior Amenities Cathedral Ceiling(s),Eat-in Kitchen
Basement Finished
Total Fireplaces 1
Fireplace Features Gas Log
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Total Bedrooms 4
Total Baths 5

Exterior Features

Parking Features Off-Street Parking
Lot Features Cul-De-Sac,Rolling Slope
Water Source Public
Lot Size Area 0.01
Building Area Total 2366
Lot Size Acres 0.01
Lot Size Source Owner

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Knoxville, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/2/2026 Listed $1,200,000

Property vs Zip Code Average in 37862

Price
AVG $880K
$1.2M
Year Built
AVG 2005
2026

In The Neighborhood

Areas That We Cover

1587 Rainbow Ridge Way Sevierville, TN is a Single Family Home for sale at $1200000 with 2366 sqft and a lot size of 0.01 Acres Acre(s). 1587 Rainbow Ridge Way Sevierville has 4 bedrooms, 4 baths and was built in 2026. The property's zip code is 37862 which is in Sevierville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.

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Wayne Magro

Wayne Magro

865-205-6348

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