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2001&1989 Penny Way, Sevierville, TN 37862
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$775,000
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Home Details for 2001&1989 Penny Way
Price
$775,000
Type
Multi Family
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
4
Year Build
1996
Sq. Ft.
3950
Lot Size
2.26
County
Sevier
Tax
$3,354.27
MLS®️ Listing#
305474
On exitrealty.com
248 days
Property Description
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!
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- Cooling Information
- Central Air
- Heat Pump
- Ceiling Fan(s)
- Heating Information
- Central
- Heat Pump
- Water Features
- Well
- Private
- House Interior
- Cathedral Ceiling(s)
Listing Courtesy: Century 21 Legacy GP - 865-436-7121
Great Smoky Mountains Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than EXIT Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2025 All rights reserved.
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EXIT TENNESSEE REALTY PROS
3278 Wears Valley Rd, Sevierville, TN 37862
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$775,000
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EXIT TENNESSEE REALTY PROS
3278 Wears Valley Rd, Sevierville, TN 37862