$799,999
$50K PRICE DROP

2001 Penny Way Sevierville, TN 37862

Estimated payment $5,159/month

Total Views 4,350
4 Beds
4 Baths
3,950 Sq Ft
$203 Price per Sq Ft

Highlights

  • Wooded Lot
  • Hydromassage or Jetted Bathtub
  • Eat-In Kitchen
  • Gatlinburg Pittman High School Rated A-
  • Utility Closet
  • Burglar Security System

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 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!

Come check this out before it's snatched up!
Seller is also offering Buyer Agent Compensation!!

Listing Agent

Thomas Workman

Century 21 Legacy GP License #367956 Listed on: 04/30/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • Irregular Lot
  • Wooded Lot
  • Many Trees
  • Current uses include residential multi-family, residential single
  • Potential uses include residential multi-family, residential single

Home Design

  • Wood Siding
  • Log Siding

Interior Spaces

  • Electric Fireplace
  • Utility Closet

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 4
  • BathsCombined: 4
  • Office Phone: 865-328-1878
  • Listing Website: https://www.land.com/property/2001-penny-way-sevierville-tennessee-37862/23368829/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Potential Use: Residential Multi-Family, Residential Single
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Appliances: Dishwasher, Freestanding Range- Electric, Water Line to Refrigerator
  • Jetted Bathtub: True
  • Full Bathrooms: 4
  • Interior Features: Cable TV Available, High Speed Internet Available, Jetted Tub, Eat-in Kitchen, Utility Closet
  • Fireplace Type: Electric

Exterior Features

  • Exterior: Log, Wood

Utilities

  • Cooling: Central Air-Elec
  • Heating: Central Heat- Elec
  • Security System: True
  • Cable Ready: True
  • Security: Burglar, Fire/Smoke

Lot Info

  • Current Use: Residential Multi-Family, Residential Single
  • Lot Description: Acreage, Heavily Treed, Irregular, Natural Forest

Multi Family

  • Utilities Available: Septic, Well

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $799,999 -4.2% $203 / Sq Ft
06/27/2025 06/27/25 Price Changed $835,000 -1.8% $211 / Sq Ft
04/30/2025 04/30/25 For Sale $850,000 -- $215 / Sq Ft

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Tennessee Sevier County Sevierville 37862

2001 Penny Way, Sevierville, TN

This home is located at 2001 Penny Way, Sevierville, TN 37862 and is currently priced at $799,999, approximately $202 per square foot. 2001 Penny Way is a home located in Sevier County with nearby schools including Northview Elementary School, Catons Chapel Elementary School, and Jones Cove Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Listing Agent
Thomas Workman
Section Image
Century 21 Legacy GP
(865) 328-1878