2001&1989 Penny Way, Sevierville, TN 37862
Local realty services provided by:ERA In The Smokies Realty & Rentals
2001&1989 Penny Way,Sevierville, TN 37862
$775,000
- 4 Beds
- 4 Baths
- 3,950 sq. ft.
- Multi-family
- Pending
Listed by: thomas workman
Office: century 21 legacy gp
MLS#:305474
Source:TN_GSMAR
Price summary
- Price:$775,000
- Price per sq. ft.:$196.2
About this home
TWO FOR ONE RENTAL OPPORTUNITY-<br>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.<br><br>Main Cabin (2001):<br>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.<br><br>Second Cabin (1989):<br>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.<br><br>Investment Potential:<br>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.<br><br>Priced to Sell:<br>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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Home facts
- Year built:1996
- Listing ID #:305474
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,950 sq. ft.
Heating and cooling
- Cooling:Central Air, Heat Pump
- Heating:Central, Heat Pump
Structure and exterior
- Year built:1996
- Building area:3,950 sq. ft.
- Lot area:2.26 Acres
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$196.2
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