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2429 Rainbow Falls Ln Unit Starry NightSevierville, TN 37876
$1,895,000  
4  Bd
5  Ba
3,744  Sq. Ft.
Like Property
Key Insights
B-
Overall Niche neighborhood grade
This neighborhood is a desirable place to live! See details
NEW
Market Data
B
Overall Niche school grade
The public schools in this area are good! See details
Awning Agent
Humberto Marquez
Humberto Marquez
#: 366884
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Furnishing Budget

$52,440

The budget includes cost of designing the space, the cost of the furniture throughout the entire home, outdoor amenities that are shown to increase average daily rates (ADR) and the cost of shipping and assembly of furniture.


Renovation Cost Estimate

$5,000

Some additional repairs to improve the house's appearance and to ensure the property is rent ready



Highlights

  • The home is located minutes drive from The Goat Coaster at Goats on the Roof, Wears Valley Zipline Adventures, The Island in Pigeon Forge, Dollywood, Smoky Mountain Alpine Coaster, Gatlinburg, and Great Smoky Mountains National Park
  • The home is not part of an HOA (no restrictions)
  • The home is not located in a flood zone


Comps

Use our Estimator tool to find great comps: click here

Ask Humberto a question
Response time: typically within an hour
Text or call  682-730-0010
Description
Rental projections re $180,000 to $200,000 per year! Introducing a stunning and brand new 4-bedroom, 5-bath investment cabin with an indoor pool. This cabin offers a grand entrance with high ceilings, a beautiful kitchen with granite counters and stainless appliances, high-end finishes and a spacious living room with a stone fireplace. Large fixed glass windows fill the room with natural sunlight, creating a bright and inviting atmosphere. Two bedrooms on the main level feature vaulted ceilings and ensuite bathrooms. The lower level boasts a game area with a pool table, a theater room with a 75'' TV, and a bunkhouse room with six queen-size beds. The private indoor swimming pool includes a security door, and the lower deck features a hot tub for ultimate relaxation. Enjoy the outdoor fire pit and level lot for outdoor activities. This cabin is a perfect blend of luxury and comfort, allowing you to enjoy the best of both indoor and outdoor living.
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Listed by: Kelly White · DRE#: 3135 · The Real Estate Firm, Inc. SevierSource: MLS logo gsmaor · MLS#: 257404 · Originating MLS: Great Smoky Mountains AORAwning last checked: today at 2:04 AM | Last updated 05/21/2023Listing data provided via Home Junction MLS logo
Property Facts & Features
Facts
Units
1
$/SQFT
$506
$/Unit
$1,895,000
Lot size
49,222
Built in
2023
Days on Awning
8
Copyright: Listing Information © 2023 Great Smoky Mountains Association of Realtors®. All Rights Reserved.Disclaimer: All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information.MLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$15,000
NeighborhoodGet to know what living in 37876 is like.
Report Card for 37876Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
B-
Public Schools
B
Commute
B-
Cost of Living
A-
Crime & Safety
C
Diversity
C+
Good for Families
B
Jobs
B+
Walkability
C
Data provided by Niche.
Living in 37876
Bars
B-
Coffee Shops
B
Health & Fitness
C
Nightlife
B-
Outdoor Activities
B
Parks
B
Restaurants
B-
Weather
B-
Data provided by Niche.
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Schools in 37876
This is based on data from the U.S. Department of Education along reviews from students and parents.
Overall GradeThis home is in an B school district, meaning the public schools in this area are good!
B
Gatlinburg Pittman High SchoolGrades 9 to 12Serves this home • 13.8 miles away
A
Academics
A-
Teachers
A-
Student-Teacher Ratio
14:1
Total Students
603
Pittman Center Elementary SchoolGrades PK, K to 8Serves this home • 17.1 miles away
B-
Academics
B
Teachers
B+
Student-Teacher Ratio
15:1
Total Students
334
Catlettsburg Elementary SchoolGrades PK, K to 6Serves this home • 16.2 miles away
B-
Academics
B
Teachers
B+
Student-Teacher Ratio
16:1
Total Students
621
Pigeon Forge High SchoolGrades 9 to 12Serves this home • 4.6 miles away
B+
Academics
B
Teachers
A-
Student-Teacher Ratio
13:1
Total Students
707
Seymour High SchoolGrades 9 to 12Serves this home • 18.6 miles away
B
Academics
B
Teachers
B
Student-Teacher Ratio
13:1
Total Students
775
School data provided by Niche.  School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
37876 StatsSee how this home compares to the zip code medians.
37876 Median
Home Value
$174,400
Rent
$806
Rent-to-Income
18.0%
Income
$53,658
This Home
Listing Price
$1,895,000987% higher than zip
Rent
$2,880257% higher than zip
Rent to Income
64.4%257% higher than zip
Market statistics provided by Niche.
Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
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in Year 2019
  • 37876
    $64k
  • County
    $61k
Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 37876
    34,025
  • Average in County
    6,168
Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 3787674%
% Owner Occupied for County77%
Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 3787653%
% White Collar for County53%
Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
3787618%
County15%
Age Distribution 37876
See the distribution of people by age in 37876.
Under 2023%
20 - 4429%
45-6428%
65+20%