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2001&1989 Penny Way
Sevierville TN 37862 US

$855,000

Active Listing ID 305474
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5 bed
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4.00 Bath (4 Full)
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Lot: 2.26 Acres
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Single Family Attached

$855,000

Active Listing ID 305474
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2001&1989 Penny Way 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 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 table—ideal 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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Property Features

  • Facts
  • Lot Size: 2.26 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Attached
  • Features
  • Full Bathrooms: 4
  • Cooling System: Heat Pumps
  • Exterior Finish: Views, Wooded
  • Heating Fuels: Central Furnace, Fireplace, Heat Pump
  • Additional Features
  • Fireplace

Property

  • propertytype: Residential
  • propertysubtype: Single Family Attached
  • listprice: 855000
  • unparsedaddress: 2001&1989 Penny Way
  • postalcity: Sevierville
  • stateorprovince: TN
  • country: US
  • postalcode: 37862
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 2.26
  • lotsizeunits: Acres
  • lotsizearea: 2.26
  • livingarea: 3950
  • livingareaunits: Square Feet
  • latitude: 35.767174
  • longitude: -83.627098
  • listagentfullname: Thomas Workman
  • listagentemail: davidowenbyrealtor@gmail.com
  • listagentkey: 3yd-GSMARTN-18
  • listagentmlsid: 18
  • listagentpreferredphone: 4236080752
  • listagentofficephone: 8656802229
  • listofficekey: 3yd-GSMARTN-828
  • listofficemlsid: 828
  • disclaimer: Copyright © 2025 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMARTN
  • yearbuilt: 1996
  • listingcontractdate: 2025-03-18
  • countyorparish: Sevier
  • parcelnumber: 104 014.00
  • appliances: Dishwasher, Microwave, Range, Refrigerator, Washer
  • cooling: Heat Pumps
  • constructionmaterials: Log, Log Siding, Wood Siding
  • heating: Central Furnace, Fireplace, Heat Pump
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • view: Mountain
  • waterfrontyn: False
  • interiorfeatures: Cathedral Ceiling(s), High Speed Internet
  • exteriorfeatures: Views, Wooded
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • vegetation: Wooded
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.6271, 35.767174
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Legacy GP", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"davidowenbyrealtor@gmail.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Century 21 Legacy GP", "ListBrokeragePhone":"8654367121", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"3224 East Parkway", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"4562", "ListOfficeCity":"Gatlinburg", "ListOfficeCountry":"US", "ListOfficeEmail":"davidowenbyrealtor@gmail.com", "ListOfficePostalCode":"37738", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Cabin, Multi Family - Sevierville, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2001-1989-Penny-Way_Sevierville_TN_37862_M94997-73823?f=listhub&s=GSMARTN&m=305474&c=rexren", "MLSModificationTimestamp":"2025-03-18T22:50:06Z", "Neighborhoods":[{"Description":null, "Name":"Sevierville"}], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3354.27, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/19/2025 9:02:08 AM GMT
Source Updated Date: 3/21/2025 6:56:28 AM GMT

Courtesy of: Thomas Workman, Century 21 Legacy GP, davidowenbyrealtor@gmail.com

Copyright © 2025 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.