2001&1989 Penny Way, Sevierville, TN 37862

$750,000
4
BD
4
BA
3,950
SqFt

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Sold Price
$750,000
List Price
$775,000
Closing Date
Jan 29, 2026
MLS#
305474
Status
CLOSED
Type
Single Family Residential
City
Sevierville
County
Sevier
Bedrooms
4
Bathrooms
4
Living Area
3,950
Lot Size
98,445
Year Built
1996
Subdivision
Other
Occupancy
Either

Property Description

TWO FOR ONE RENTAL OPPORTUNITY- 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 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!

Additional Information

Acres
2.26
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Basement
Storage Space
Cooling
Central Air, Heat Pump
Fireplace
Yes
Living Area
3,950
Style
Cabin
View
Mountain(s), Trees/Woods
Year Built
1996
Zoning
R1

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Calculator source: Real Geeks

Agent: Thomas Workman |

Office: Century 21 Legacy GP |

Selling Office: .

Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .