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2001&1989 Penny Way, Sevierville, TN 37862

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For Sale

$850,000

4 beds • 4 baths • 3,950 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • 1996
    Year built

  • $215.19
    Price per square foot

  • 2 Fireplaces
    Fireplace Count

Explore this Property

*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 (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!
MLS# 305474

Listed By CENTURY 21 Legacy

Property Features

  • Appliances
    Dishwasher, Microwave, Range / Oven, Refrigerator
  • Cooling
    Central A/C
  • Exterior Description
    Wood Siding
  • Fireplace Count
    2 Fireplaces
  • Garage Description
    No Garage
  • General
    Wheel Chair Accessible, Ceiling Fan(s)
  • Heating Type
    Heat Pump
  • Interior
    Cathedral Ceilings
  • Lot Size
    2.26 Acres
  • Style
    Other Style
  • Views
    Scenic
  • Water
    Well

Map and Directions

Directions to 2001&1989 Penny Way, Sevierville, TN 37862

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 team will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Legacy

Deanna Workman
Thomas Workman

(865) 436-7121
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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