2001&1989 Penny Way, Sevierville, Tennessee 37862

2001&1989 Penny Way, Sevierville, Tennessee 37862
2001&1989 Penny Way, Sevierville, Tennessee 37862
2001&1989 Penny Way, Sevierville, Tennessee 37862
2001&1989 Penny Way, Sevierville, Tennessee 37862
2001&1989 Penny Way, Sevierville, Tennessee 37862

Listed By CENTURY 21 Legacy

The Multi Family Home for Sale located at Sevierville, Tennessee 37862 is currently for sale. Sevierville, Tennessee 37862 is listed for $799,999. This property has 4 bedrooms, 4 bathrooms, Scenic Vista features. If the property located at Sevierville, Tennessee 37862 isn't what you're looking for, visit https://www.century21global.com to see other Multi Family Homes for Sale in Sevierville .

Date Updated : Jul 11, 2025

MLS#: 305474

$799,999 USD

  • Type
    Multi Family Home
  • Bedrooms
    4
  • Bathrooms
    4
  • Home/Lot size
    367 m² (3,950 ft²)
The details

Property features

Key features

  • Scenic Vista

Construction details

  • Year built: 1996

Other features

  • Appliances: Oven / Range Microwave Refrigerator Ceiling Fan Dishwasher
  • Cooling system: Central AC
  • Heating system: Heat Pump

Area

  • Property size: 367 m² (3,950 ft²)
  • Land/Lot size: 9,146 m² (2.26 ac)
  • Bedrooms: 4
  • Bathrooms: 4
  • Total rooms: 8

Description

*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!

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Location

Sevierville, Tennessee 37862
Map preview

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