$10,000 Closing Credit¹
#303563, Listing Office: Colonial Real Estate, Inc.
$1,199,000 List price
1559 Rainbow Ridge Way Sevierville, TN 37862
$10,000
Closing credit¹
5 beds
5 full, 2 partial
3,230 sqft
1.0 acres
$371 / sqft
House
Property details
About 1559 Rainbow Ridge Way
Unbeatable Investment Opportunity! Own a stunning log cabin in the heart of Sevierville & Pigeon Forge! Just minutes from the Parkway & Tanger Outlets, this 5BR/5.5BA mountain retreat has it all—soaring cathedral ceilings, rich tongue-and-groove woodwork, and spacious en-suite bedrooms. The open-concept dining and living areas are perfect for entertaining, while the game room, two bubbly hot tubs, and dual fireplaces provide endless relaxation. Three stories of decks let you soak in the breathtaking mountain scenery! Centrally located off Collier Dr., you're just 5-10 minutes from Dollywood, dining, shopping, and top attractions—without the hassle of traffic! Recently refreshed and turnkey ready for overnight rentals—this is the perfect income-producing getaway!
Highlights
Home typeSingle Family Residence
HeatingCentral, Heat Pump, Other
StatusActive
CoolingOther, Central Air
Size3,230 sqft
BasementYes
Lot size1 Acres
Year built2007
MLS #1291601
FireplaceGas Log
Summary
- MLS Number: 1291601
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: DIYFlatfee.com
- Office Phone: (888) 601-3771
- Office Email: diyflatfee@gmail.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,199,000
1559 Rainbow Ridge Way
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
2
Sevierville Intermediate School
Public District 3-5
2.2 mi
•416 High St
3
Pigeon Forge Primary School
Public District PK-3
4.9 mi
•1766 Waldens Creek Rd
5
Catlettsburg Elementary School
Public District KG-6
5.5 mi
•1409 Catlettsburg Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,767. Residents of Sevierville, TN typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
53%
<35k
41%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
32%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Motocross
Where do the neighbors shop?
Wal-Mart
Kmart
Family Dollar
Where do the neighbors go to eat?
Sonic
Bob Evans
Dominos Pizza
What do the neighbors drive?
Oldsmobile
Buick
Ford
What do the neighbors listen to?
Contemporary Inspirational- Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Sevierville, TN
About 1559 Rainbow Ridge Way
This home is located at 1559 Rainbow Ridge Way in Sevierville, TN and zip code 37862. This 3,230 square foot home, which was built in 2007, sits on a 1.00 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $1,199,000.
In February 2025, from all listings sold in Sevierville, TN there were more than 4 sold above asking price, over 46 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Sevierville, TN increased by 18.5% between January and February 2025. Listings spent 74 days on the market in February 2025, and had a median list price of $500,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.