1587 Rainbow Ridge Way
About This Property
Set on a cul de sac in a growing community, this property captures mountain views in multiple directions, including Mount LeConte and Bluff Mountain. The location puts guests just a short drive from Tanger Outlets and Dollywood, making it easy to enjoy shopping, entertainment and some of the area's favorite attractions before returning to their own mountain retreat.
Spread across three stories, this cabin is filled with spaces designed to make the guest experience memorable. The spacious pirate themed kids room takes inspiration from the excitement of Pirates Voyage dinner show, bringing a little adventure to every stay. A cozy kids nook offers a special place for younger guests to read books, build with LEGO bricks, play with blocks and let their imaginations run wild. Upstairs, the loft features a Nintendo Switch and an arcade, creating a fun hangout for teens and young adults. These thoughtful touches give families more to enjoy and your future Airbnb listing more to showcase.
The fun continues with a swimming pool and a hot tub overlooking the mountain views, giving guests plenty of reasons to spend time enjoying the cabin itself. Higher end finishes, including tiled showers, glass shower doors and quality fixtures, bring an elevated feel to this fully furnished mountain getaway.
For buyers focused on cash flow potential, this cabin offers a compelling combination of projected rental revenue, guest entertainment, mountain views and a convenient location. Buying early in a growing community may also offer future appreciation potential as the neighborhood develops.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2026 | Price Decreased |
$1,195,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
| Sep 2, 2026 | Listed by United Real Estate Solutions | $1,200,000 | |
| Listed by United Real Estate Solutions | |||
| Jul 19, 2023 | Listed by MG Rise Real Estate Group | $1,800,000 | |
| Listed by MG Rise Real Estate Group | |||
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Welcome to your dream retreat in the heart of Sevierville, TN! Nestled directly behind the prestigious Tanger Outlet mall, this new construction fully furnished, indoor pool cabin offers an unbeatable location combined with breathtaking mountain views. With three distinct build plans to choose from, each boasting modern design and ultra-luxurious features, this is an investment opportunity you don't want to miss. Step inside and prepare to be captivated by the sleek elegance and attention to detail that defines these cabins. Crafted by the finest build team in the area, every aspect of these homes reflects a commitment to excellence. From the moment you enter, you'll be greeted by an inviting ambiance that seamlessly blends comfort and sophistication.This cabin's prime location behind Tanger Outlet mall ensures convenience and endless entertainment options right at your doorstep. Explore the multitude of upscale shopping and dining experiences just moments away, or take advantage of the nearby attractions such as Dollywood, Great Smoky Mountains National Park, and Gatlinburg. Whether you're looking for a lucrative investment opportunity or a second home to escape the hustle and bustle, these cabins offer the best of both worlds. Experience the tranquility of the mountains, coupled with the excitement of a vibrant shopping district, all within reach of your retreat. Don't miss your chance to own a piece of paradise in Sevierville, TN. Contact us today to explore the various build plans and secure your spot in this exclusive new construction cabin community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017