$1,025,000
Active
3
Beds
3
Baths
2100
Sqft
1.64
Acres
523 Percussion Ct, Sevierville, TN 37862
MLS#: 1355504
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Overview
Location
Mortgage
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Sold for $975,000
Sold for $975,000
1520 Rainbow Ridge Way Sevierville, TN 37862
$975,000
CLOSEDBeds
7
Baths
8
Sqft
3,236
Acres
0.01
Year
2006
Close Date
Oct 22, 2021
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$301
Date Listed
Jun 17, 2021
Description of 1520 Rainbow Ridge Way, Sevierville, TN 37862
Listing details for 1520 Rainbow Ridge Way, Sevierville, TN 37862 : 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.
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Listing Updated : 09-24-2026 at 9:30 AM CDT
Property Details
Property Overview
Listing Price
$999,999
MLS #ID
1156867
Close Price
$975,000
Close Date
Oct 22, 2021
Bedrooms
7
Bathrooms
8
Square Footage
3,236
Acres
0.01
Year
2006
Days on Site
24 Days
Property Type
Residential
Property Sub Type
Single-Family
Price per Sq Ft
$301
Date Listed
Jun 17, 2021
Location
Street Address
1520 Rainbow Ridge Way
City
State
Tennessee
ZIP Code
County
Neighborhood / Subdivision
Driving 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
Home Specification
Bedrooms
7
Bathrooms
7 Full / 1 Half
Total Square Feet
3,236
Construction / Architecture
Year Built
2006
Style
Cabin
Construction Materials
Log
New Construction
No
Price per Sq Ft
$301
Lot Features
Zero Lot Line
Lot Size (Acres)
0.01
Interior Details
Interior Features
Eat-in Kitchen and Cathedral Ceiling(s)
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer and Dryer
Flooring
Carpet, Laminate and Hardwood
Fireplace
Yes
Fireplace Count
4
Fireplace Features
Gas Log
Heating
Central and Electric
Cooling
Central Air
Exterior Details
Garage
No
Attached Garage
No
Parking Features
Assigned
Patio & Porch Features
Porch - Covered
Exterior Features
Porch - Covered, Deck and Balcony
Fencing
None
View
Country Setting
Water Source
Public
Sewer
Public Sewer
Community Features
Lawn Care
Taxes, HOA & Financing
Annual Property Tax
$1,447.08
HOA Fee
$100 Monthly
HOA Frequency
Monthly
HOA Fee Includes
Grounds Maintenance
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Listing Provided By
Danielle Henderson, Tennessee Mountain Real Estate
Properties displayed may be listed or sold by various participants in the MLS
Source
East Tennessee Realtors, MLS#: 1156867
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Property History
DateEventPrice
10/22/2021
Sold
$975,000 0%
$301/sqft
Source:East Tennessee Realtors #1156867
East Tennessee Realtors #1156867 10/22/2021
Sold
$975,000
$301/sqft
Source:
Realtracs MLS #RTC3553737
Realtracs MLS #RTC3553737 6/17/2021
Listed for sale
—
Source:East Tennessee Realtors #1156867
East Tennessee Realtors #1156867 6/17/2021
Listed for sale
$1,100,000 +109.5%
$340/sqft
Source:Realtracs MLS #RTC3553737
Realtracs MLS #RTC3553737 7/12/2018
Sold
$525,000 -4.5%
$162/sqft
Source:Realtracs MLS #RTC3559855
Realtracs MLS #RTC3559855 5/2/2018
Listed for sale
$549,950 +93%
$170/sqft
Source:Realtracs MLS #RTC3559855
Realtracs MLS #RTC3559855 10/14/2016
Sold
$285,000 0%
$88/sqft
Source:Realtracs MLS #RTC3564664
Realtracs MLS #RTC3564664 10/14/2016
Sold
$285,000 +3.6%
$88/sqft
Source:East Tennessee Realtors #976767
East Tennessee Realtors #976767 8/27/2016
Listed for sale
$275,000
$85/sqft
Source:Realtracs MLS #RTC3564664
Realtracs MLS #RTC3564664 8/27/2016
Listed for sale
—
Source:East Tennessee Realtors #976767
East Tennessee Realtors #976767Location of 1520 Rainbow Ridge Way, Sevierville, TN 37862
Streetview of 1520 Rainbow Ridge Way, Sevierville, TN 37862
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