2015 penny way

Pigeon Forge, TN 37862

$1,050,000

4 BEDS 3 BATHS
2,474 SQFT3.23 AC LOT
Residential - Single Family
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Bedrooms 4
Total Baths 3
Full Baths 3
Square Feet 2474
Acreage 3.23
Status Active
MLS # 1339772
County Sevier
More Info
Category Residential - Single Family
Status Active
Square Feet 2474
Acreage 3.23
MLS # 1339772
County Sevier
Welcome to 2015 Penny Way, an exceptional dual-cabin investment opportunity tucked away in the heart of Wears Valley where privacy, mountain views, and strong rental income all come together. Cabin 1, completed at the end of 2023, is a fully loaded modern build designed to impress guests and maximize revenue. This 3 bedroom plus bonus room, 3 bathroom layout features an owner's suite, open living area, and kitchen on the main level with direct access to a spacious deck. The upper level offers an additional bedroom and full bath for added privacy, while the lower level is built for entertainment with arcade games, bunk areas, and another full tiled bathroom. Outside, guests can enjoy a large hot tub and fire pit area while taking in the peaceful setting and mountain views that make Wears Valley so desirable. Cabin 2 offers a completely different experience, catering perfectly to couples and honeymooners looking for a more secluded, off-the-grid, mountain feel. Surrounded by mature trees, this cozy two-level cabin features a loft-style sleeping area with a relaxing soaker tub, along with an open living and dining space. It performs exceptionally well as a standalone rental and complements Cabin 1 by diversifying your guest base. With the flexibility to rent them individually or together for larger groups to maximize occupancy and returns. Opportunities like this are rare, two income-producing cabins on one private 3-acre tract in Wears Valley. Whether you're expanding your portfolio or entering the Smoky Mountain short-term rental market, this property checks all the boxes.

Exterior Features

  • Style Cabin
  • Construction Wood Siding, Block, Frame
  • Exterior Balcony
  • Garage No
  • Sewer Septic Tank
  • Lot Description Private, Wooded

Interior Features

  • Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Heating Central, Electric
  • Cooling Central Cooling
  • Basement Finished
  • Fireplaces 2
  • Living Area 2,474 SQFT
  • Year Built 2023

Neighborhood & Schools

  • Subdivision Meadow Ridge Development
  • Elementary School Pigeon Forge
  • Middle School Pigeon Forge
  • High School Pigeon Forge

Financial Information

  • Parcel ID 104 014.16

Listing Information

Listing Provided Courtesy of Realty Executives Associates
The data for this listing came from the Knoxville, TN MLS.
Listing data is current as of 08/26/2026.

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