2001&1989 Penny Way Sevierville, TN $ 775,000
2001&1989 Penny Way
$ 775,000
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2001&1989 Penny Way

Sevierville, TN, 37862
$ 775,000
Bedrooms4 Baths4.0 Sq 3,950

Monthly Estimate*

$ 4,835

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Single Family Home for sale in Sevierville, TN

for $775,000 with 4 bedrooms and 4 full baths. This 3,950 square foot home was built in 1996 on a lot size of 2.26.

** 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!

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Single Family Active

Price

$ 775,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 3,354

Style

Log

Lot Size

2.26

Year Built

1996

Town/City

Sevierville

County/Region

Sevier

MLS | Web ID

706826

Features
Interior
Interior Features Cathedral Ceiling(s) Eat-in Kitchen Ceiling Fan(s)
Flooring Plank
Basement Y/N No
Total Rooms 11
Living Area 3950.00
Fireplace Yes
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General
Sewer Septic Tank
Heating Central
Cooling Central Air Ceiling Fan(s)
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Washer Refrigerator Microwave Dishwasher
Architctural Style Log
County Sevier
Levels Two
Property Type A
Subdivision Name Other
Accessibility Features Accessible Central Living Area Accessible Approach with Ramp
Tax Year 2024
Occupant Type Vacant
Contingent Pending Continue to Show
Status Pending Continue to Show
Auction Y/N No
Acres 2.2600
Construction Materials Log Siding Wood Siding
Sub Type Single Family Residence
Year Built 1996
Directions Take US-321 S/Wears Valley Rd to Hidden Hollow Way(4.9 mi)Turn right onto ParkwayUse the left 2 lanes to turn left onto Wears Valley RdContinue onto E Old Wears Valley RdContinue onto US-321 S/Wears
City Sevierville
List Price/SqFt 196.20
New Construction Y/N No
Association? No
Structure Type Cabin
Street Name Penny
Public Remarks ** 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 r
Selling Member Name Non Member
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Exterior
Waterfront No
Lot Features Wooded
Lot Size Dimensions 1RR
Garage Y/N No
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* Excluded Features
List By
Century 21 Legacy Gp

Broker

deannaworkmanrealtor@gmail.com

Email

Affordability Calculator

$5,114
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,835
Monthly Property Taxes
$280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$775,000 -2.50% Price Down
8/22/2025$794,900 -0.63% Price Down
8/8/2025$799,900 -0.01% Price Down
7/11/2025$799,999 -4.19% Price Down
5/30/2025$835,000 -1.76% Price Down
5/2/2025$850,000 -0.58% Price Down
3/21/2025$855,000 Listed Price

Map


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2001&1989 Penny Way, Sevierville, TN, 37862 is a Single Family Home for sale at $775,000 with 3,950 sqft and a lot size of 2.26. 2001&1989 Penny Way has 4 bedrooms, 4.0 baths, and was built in 1996. The property's zip code is 37862 which is in Sevierville, TN