2001&1989 Penny Way Sevierville, TN 37862
Estimated payment $4,660/month
Total Views
2,715
4
Beds
4
Baths
3,950
Sq Ft
$203
Price per Sq Ft
Highlights
- 2.26 Acre Lot
- Living Room with Fireplace
- Cathedral Ceiling
- Gatlinburg Pittman High School Rated A-
- Wooded Lot
- No HOA
About This Home
** 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 cabin (on a two bedroom septic) 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,354
Year Built
- Built in 1996
Lot Details
- 2.26 Acre Lot
- Wooded Lot
Home Design
- Log Cabin
- Shingle Roof
- Wood Siding
Interior Spaces
- 3,950 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Living Room with Fireplace
- 2 Fireplaces
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry on main level
- Washer
Utilities
- Central Heating and Cooling System
- Septic Tank
Additional Features
- Accessible Approach with Ramp
- Wrap Around Porch
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 104 014.00
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Price Changed | $799,900 | 0.0% | $203 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $799,999 | -4.2% | $203 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $835,000 | -1.8% | $211 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $850,000 | -0.6% | $215 / Sq Ft |
| 04/21/2025 04/21/25 | For Sale | $855,000 | 0.0% | $216 / Sq Ft |
| 03/23/2025 03/23/25 | Pending | -- | -- | -- |
| 03/19/2025 03/19/25 | For Sale | $855,000 | -- | $216 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
Similar Homes in Sevierville, TN
Source: Lakeway Area Association of REALTORS®
MLS Number: 706826
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