realty-smokies

2430 Rainbow Falls Lane, Sevierville, TN 37862

$1,360,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,566 Lot Size (sq. ft.): 37,897 Status: Pending
Current Price: $1,360,000 List Date: 12/21/2025 Last Modified: 2/27/2026

Overview

Description

WOW FACTOR INVESTMENT OPPORTUNITY!** Grossed $156k for 2024! Five star reviews and seller will help new owner transition 2026 bookings to continue maximizing revenue! ****STR Investor Opportunity: Property may qualify for accelerated depreciation through a cost segregation study, potentially allowing eligible owners to front-load depreciation benefits. Buyer to consult tax advisor**** Welcome to 2430 Rainbow Falls Lane, a striking 3-bedroom, 3-bath luxury indoor pool lodge with stunning mountain views that perfectly blends luxury modern rustic style with high-performing short-term rental income. This property is not just a cabin—it's a turnkey income-producing experience designed to attract today's most sought-after vacation guests. From the moment you step inside, you're greeted by soaring ceilings, warm wood tones, and an open-concept layout that feels both upscale and inviting. The heart of the home features a stunning living area anchored by a dramatic stacked-stone firepla ...

Listing Details MLS# 309478

General Property Information

Stories Total
Yes
Lot Size Dimensions
52.36 X 349.44 IRR
Lot Size Acres
0.87
Lot Size Source
Public Records
Living Area
3566
Above Grade Finished Area
1610
Below Grade Finished Area
1956
Bedrooms Total
3
Bathrooms Total
3
Bathrooms Full
3
Garage YN
No
Attached Garage YN
No
Fireplace YN
Yes
Year Built
2022
Bonus Room YN
No
Accessory Dwelling Unit YN
No
Sign On Property YN
Yes
Home Warranty YN
No
Furnished
Furnished
Property Attached YN
No
Construction Type
Site Built
Horse YN
No
Planned Unit Development (PUD)
No
View YN
Yes
Waterfront YN
No
Accessibility Features YN
No
List Price/SqFt
381.38
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Microwave Range Hood Combo; Refrigerator; Washer Architectural Style: Cabin; Contemporary; Craftsman Association Fee Includes: Roads Basement: Basement; Finished Cooling: Central Air; Electric; Heat Pump Current Use: Residential; Single Family Fireplace Features: Electric Flooring: Luxury Vinyl Heating: Central; Electric Interior Features: Cathedral Ceiling(s); Ceiling Fan(s); Eat-in Kitchen; Granite Counters; Kitchen Island; Kitchen/Dining Combo Laundry Features: In Basement; Inside; Laundry Closet Levels: One Listing Terms: 1031 Exchange; Cash; Conventional Lot Features: Private; Sloped; Views; Wooded Parking Features: Driveway Patio And Porch Features: Covered; Deck; Porch Pool Features: Hot Tub; In Ground; Indoor Possession: Close Of Escrow Roof: Metal Security Features: Smoke Detector(s) Sewer: Septic Tank Utilities: Electricity Connected View: Mountain(s); Trees/Woods Water Source: Shared Well

Location Tax and Legal

Street Number
2430
Street Name
Rainbow Falls
Street Suffix
Lane
County
Sevier
State
TN
Zip Code
37862
Property Sub Type
Cabin
MLS Area Major
Sevierville
Subdivision Name
Thunder Mountain

Contract Information

Original List Price
1399900
Sold Before Listed
No
Listing Contract Date
2025-12-20
Auction YN
No
Owner Name
Hensley Capital LLC
Listing Agreement
Exclusive Right To Sell
Occupancy
Either
Occupant Type
Vacant
Common Interest
None
Association YN
No

Remarks and Miscellaneous

Public Remarks
WOW FACTOR INVESTMENT OPPORTUNITY!** Grossed $156k for 2024! Five star reviews and seller will help new owner transition 2026 bookings to continue maximizing revenue! ****STR Investor Opportunity: Property may qualify for accelerated depreciation through a cost segregation study, potentially allowing eligible owners to front-load depreciation benefits. Buyer to consult tax advisor**** Welcome to 2430 Rainbow Falls Lane, a striking 3-bedroom, 3-bath luxury indoor pool lodge with stunning mountain views that perfectly blends luxury modern rustic style with high-performing short-term rental income. This property is not just a cabin—it's a turnkey income-producing experience designed to attract today's most sought-after vacation guests. From the moment you step inside, you're greeted by soaring ceilings, warm wood tones, and an open-concept layout that feels both upscale and inviting. The heart of the home features a stunning living area anchored by a dramatic stacked-stone fireplace, flowing seamlessly into a designer kitchen with abundant cabinetry, expansive counters, and a large island ideal for entertaining groups. The modern rustic aesthetic continues throughout with clean lines, tasteful finishes, and thoughtful design details that elevate the entire space. What truly sets this cabin apart is its resort-style amenities. Guests are drawn year-round to the indoor in-ground plunge swimming pool, a rare and highly desirable feature that drives consistent bookings regardless of season. Step outside to unwind in the private hot tub, creating the perfect après-adventure retreat. Inside, a dedicated theater room offers a cinematic experience, while additional entertainment areas ensure guests of all ages are fully engaged—maximizing stay length and repeat visits, and afully equipped arcade style gameroom with pool table, shuffle board, and a multi arcade game for an out of this world gaming experience. The well-appointed bedroom layout provides privacy and comfort, with each bedroom paired to a full bath, making it ideal for families, couples, or group getaways. Featuring two King Master Suites on the main level and a huge built in bunk room with 4 queen size custom built bunks beds with steps in the middle. Setup to sleep 12 guests with every inch designed with both guest experience and rental performance in mind, resulting in strong reviews, high occupancy, and impressive revenue potential. Step outside to enjoy the expansive outdoor are equipped with a firepit with seating, expansive Parking around the circular driveway, and a useable yard area to walk around and enjoy the serene wooded moutain setting. Whether you're looking to expand your investment portfolio or secure a luxury mountain retreat that works for you when you're not using it, **2430 Rainbow Falls Lane** delivers on every level—style, amenities, and income. This is a rare opportunity to own a **top-tier Smoky Mountain STR** with proven performance and standout features that continue to outperform the market. Schedule your private showing today and see why this cabin is a true standout in both luxury and investment potential. Convenient location only a short drive to Pigeon Forge, Gatlinburg, attractions, shopping, and dining! Only 5 miles to the parkway and 8 miles to Dollywood! Paved roads and easy access no steep roads! CHECK OUT 3D TOUR AND VIDEO!!
Directions
Pigeon Forge turn at light #6 onto Pine Mountain Rd. Go to the end at Little Cove Rd. Turn right and go 0.5 miles. Turn Left into Thunder Mountain subdivision. Go 0.2 miles and turn Left onto Rainbow Falls lane and go to the end of the Cul-de-sac.

Status Change Information

Major Change Timestamp
2026-02-27T01:23:08Z
Major Change Type
Status Change
Price Change Timestamp
2026-02-06T01:30:14Z
Status Change Timestamp
2026-02-26
Purchase Contract Date
2026-02-26
Anticipated Closing Date
2026-03-23

More Information

Fireplace Features

Fireplaces Total
Yes
Electric
Yes

Main Room Levels

Main Level Bathrooms
2
Main Level Bedrooms
2

Showing Requirements

Showing Instructions
Broker Bay 888-828-0044

Location, Tax, and Legal

New Construction YN
No
Restrictive Covenants YN
Yes
Zoning
R 1
Zoning Entity
Sevier County
Parcel Number
104E B 01600 000
Tax Lot
16
Book/Page/Doc #
6188/47/22038016
Tax Annual Amount
5327.41
Tax Year
2024
County Tax
5327.41

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Microwave Range Hood Combo
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Cabin
Yes
Contemporary
Yes
Craftsman
Yes

Association Fee Includes

Roads
Yes

Basement

Basement
Yes
Finished
Yes

Cooling

Central Air
Yes
Electric
Yes
Heat Pump
Yes

Current Use

Residential
Yes
Single Family
Yes

Flooring

Luxury Vinyl
Yes

Heating

Central
Yes
Electric
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
Granite Counters
Yes
Kitchen Island
Yes
Kitchen/Dining Combo
Yes

Laundry Features

In Basement
Yes
Inside
Yes
Laundry Closet
Yes

Levels

One
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Lot Features

Private
Yes
Sloped
Yes
Views
Yes
Wooded
Yes

Parking Features

Driveway
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Porch
Yes

Pool Features

Hot Tub
Yes
In Ground
Yes
Indoor
Yes

Possession

Close Of Escrow
Yes

Roof

Metal
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Septic Tank
Yes

Utilities

Electricity Connected
Yes

View

Mountain(s)
Yes
Trees/Woods
Yes

Water Source

Shared Well
Yes
Listing Office: Tennessee Elite Realty
Last Updated: February - 27 - 2026
Information deemed reliable but not guaranteed.