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-
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!
Contact an agent
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
New listings near 2001&1989 Penny Way
- New
$425,000Active1 beds 1 baths600 sq. ft.2306 Bonnie Lane, Sevierville, TN 37876
MLS# 309769Listed by: EXP REALTY, LLC 7720 - New
$589,000Active2 beds 2 baths1,008 sq. ft.1915 Leatherwood Lane, Sevierville, TN 37862
MLS# 309776Listed by: RE/MAX FIRST - New
$495,000Active2 beds 2 baths912 sq. ft.1720 Silver Poplar Lane, Sevierville, TN 37876
MLS# 309766Listed by: EXP REALTY, LLC 7720 - New
$89,000Active0.4 Acres3143 Sourwood Way, Sevierville, TN 37862
MLS# 309767Listed by: CENTURY 21 LEGACY GP - New
$525,000Active2 beds 2 baths2,132 sq. ft.1654 Eagle Springs Road, Sevierville, TN 37876
MLS# 309758Listed by: EXP REALTY, LLC 7720 - New
$1,160,000Active4 beds 3 baths4,000 sq. ft.1956 Pittman Center Road, Sevierville, TN 37876
MLS# 309757Listed by: KELLER WILLIAMS SMOKY MOUNTAIN - New
$825,000Active3 beds 3 baths1,836 sq. ft.634 Stockton Drive, Sevierville, TN 37876
MLS# 309746Listed by: EXP REALTY, LLC 7720 - New
$467,000Active3 beds 3 baths2,220 sq. ft.444 Connatser Lane, Sevierville, TN 37876
MLS# 309747Listed by: VISTA REALTY - New
$525,000Active3 beds 2 baths1,300 sq. ft.2114 Rabbit Point Way, Sevierville, TN 37876
MLS# 309736Listed by: PRIME MOUNTAIN PROPERTIES - New
$1,399,900Active5 beds 6 baths3,358 sq. ft.1568 Rainbow Ridge Way, Sevierville, TN 37862
MLS# 309737Listed by: TENNESSEE ELITE REALTY