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2001&1989 Penny Way

Sevierville, TN 37862
  • $850,000
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: 305474
UPDATED: 9 min ago
$850,000
  • 4
    BEDS
  • 2.26
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,950
    SQFT
  • $215
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1996
County:
Area:

School Ratings & Info

Listing courtesy of Century 21 Legacy GP.


Description

*BACK ON THE MARKET AT NO FAULT OF THE SELLERS!** Tucked away on 2.26 wooded acres, this exceptional property features not one, but TWO captivating cabins, perfectly balancing comfort, seclusion, and rental income potential. Ideally located just 5 miles from The Island in Pigeon Forge, 7 miles from Tanger Outlets, and under 20 miles from the Gatlinburg Strip and Ober Gatlinburg, this property offers easy access to all the Smoky Mountains' top attractions. Main Cabin (2001): This 3-bedroom, 2-bathroom (on a two bedroom septic) cabin exudes rustic elegance and modern comfort. The main level features a luxurious primary bedroom with an en-suite bath and jacuzzi tub for ultimate relaxation. An open loft area adds charm, while the upstairs offers two additional bedrooms and another full bath. Soaring cathedral ceilings, vinyl plank flooring, and an electric fireplace create a warm, inviting atmosphere throughout. Step outside to the expansive wraparound porch and immerse yourself in the peaceful surroundings. Second Cabin (1989): This 2-bedroom, 2-bathroom cabin mirrors the main cabin's rustic charm and modern comforts. The spacious master bedroom on the lower level includes a walk-in closet, jacuzzi tub, and access to the wraparound porch. Upstairs, you'll find another bedroom, bath, and a fun loft with a pool tableideal for family game nights or entertaining guests. The vinyl plank floors, tongue-and-groove walls, and electric fireplace enhance the cozy, inviting atmosphere. Investment Potential: Both homes offer impressive rental projections, with a combined estimate of $85,000 annually, presenting a fantastic opportunity for anyone looking to capitalize on the booming vacation rental market in the area. Priced to Sell: This unique property is a must-see! Whether you're looking for a private getaway or a high-performing vacation rental business, these cabins offer the best of both worlds. Don't miss your chance to own two incredible homes on a single parcel in a prime location!

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Copyright 2025 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with ReaL Broker. Information deemed reliable but not guaranteed. Last updated 2025-05-14T20:15:57.433.
www.realestatewithsuzanne.com/homes/161575170
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2001&1989 Penny Way Sevierville, TN 37862

  • Price: $850,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 9 min ago
  • ID#: 305474
4
Beds
4
Baths
0
½ Baths
2.26
Acres
3,950
SQFT
$215
$/SQFT
1996
Built
Neighborhood:
Other
County:
Sevier
Area:
Sevierville
Property Description
*BACK ON THE MARKET AT NO FAULT OF THE SELLERS!** Tucked away on 2.26 wooded acres, this exceptional property features not one, but TWO captivating cabins, perfectly balancing comfort, seclusion, and rental income potential. Ideally located just 5 miles from The Island in Pigeon Forge, 7 miles from Tanger Outlets, and under 20 miles from the Gatlinburg Strip and Ober Gatlinburg, this property offers easy access to all the Smoky Mountains' top attractions. Main Cabin (2001): This 3-bedroom, 2-bathroom (on a two bedroom septic) cabin exudes rustic elegance and modern comfort. The main level features a luxurious primary bedroom with an en-suite bath and jacuzzi tub for ultimate relaxation. An open loft area adds charm, while the upstairs offers two additional bedrooms and another full bath. Soaring cathedral ceilings, vinyl plank flooring, and an electric fireplace create a warm, inviting atmosphere throughout. Step outside to the expansive wraparound porch and immerse yourself in the peaceful surroundings. Second Cabin (1989): This 2-bedroom, 2-bathroom cabin mirrors the main cabin's rustic charm and modern comforts. The spacious master bedroom on the lower level includes a walk-in closet, jacuzzi tub, and access to the wraparound porch. Upstairs, you'll find another bedroom, bath, and a fun loft with a pool tableideal for family game nights or entertaining guests. The vinyl plank floors, tongue-and-groove walls, and electric fireplace enhance the cozy, inviting atmosphere. Investment Potential: Both homes offer impressive rental projections, with a combined estimate of $85,000 annually, presenting a fantastic opportunity for anyone looking to capitalize on the booming vacation rental market in the area. Priced to Sell: This unique property is a must-see! Whether you're looking for a private getaway or a high-performing vacation rental business, these cabins offer the best of both worlds. Don't miss your chance to own two incredible homes on a single parcel in a prime location!
Exterior Features

Architectural Style Cabin Construction Materials LogLog SidingWood Siding Exterior Features [] Fencing [] Foundation Details [] Garage YN No Lot Features ViewsWooded Parking Features [] Patio And Porch Features [] Pool Features [] Road Frontage Type [] Road Surface Type [] Roof [] View Mountain(s)Trees/Woods View YN Yes Waterfront Features [] Waterfront YN No

Interior Features

Above Grade Finished Area 3950 Appliances DishwasherElectric RangeElectric Water HeaterMicrowaveRefrigerator Attic Features Access Only Yes Basement Storage Space Below Grade Finished Area 0 Cooling Central AirHeat Pump Cooling YN Yes Fireplace Features [] Fireplace YN Yes Fireplaces Total 2 Flooring Luxury Vinyl Furnished Furnished Heating CentralHeat Pump Heating YN Yes Interior Features Cathedral Ceiling(s)Ceiling Fan(s)High Speed Internet Laundry Features Main Level Levels Two Window Features []

Property Features

Accessibility Features YN Yes Accessory Dwelling Unit YN No Association Amenities [] Association Fee Includes [] Association YN No Body Type [] Community Features [] Construction Type Site Built Current Use Investment Home Warranty YN No Horse YN No Listing Terms 1031 ExchangeCashConventional New Construction YN No Occupancy Either Other Equipment [] Other Structures [] Pets Allowed [] Possession Close Of Escrow Property Condition [] Property Sub Type Multi Family Restrictive Covenants YN Yes Rooms Total 0 Security Features [] Sewer Septic Tank Special Listing Conditions [] Tax Annual Amount 3354.27 Tax Year 2024 Utilities [] Water Source Well Zoning R1 Zoning Entity sevier

Copyright 2025 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Century 21 Legacy GP | Office Phone: 865-436-7121 .

Copyright 2025 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with ReaL Broker. Information deemed reliable but not guaranteed. Last updated 2025-05-14T20:15:57.433.
 
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Suzanne Walls with ReaL Broker
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of Century 21 Legacy GP.