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Sold for $750,000
  • $750,000

    2001&-1989 Penny Way, Sevierville, TN 37862

    4beds
    3,950sqft
    Single Family Residence, Cabin, Residential
    Built in 1996
    2.26 Acres Lot
    $733,400 Zestimate®
    $190/sqft
    $5,711 Estimated rent

    Home value

    $733,400

    $638,000 - $843,000

    $5,711/mo

    Zestimate® history
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    $4,235/mo

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    $4,235/mo

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    What's special

    Wooded acresWalk-in closetExpansive wraparound porchModern comfortRustic charmRustic eleganceTwo captivating cabins
    ** 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Deanna Workman 423-608-6886,

    Century 21 Legacy GP

    Bought with:

    Non Member

    Non Member - Sales

    Source: Lakeway Area AOR,MLS#: 706826MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    • Laundry: Main Level
    Features
    • Eat-in Kitchen, Cathedral Ceiling(s), Ceiling Fan(s)
    • Flooring: Plank
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Living Room
    Interior area
    • Total interior livable area: 3,950 sqft
    • Finished area above ground: 3,950
    • Finished area below ground: 0

    Property

    Accessibility
    • Accessibility features: Accessible Approach with Ramp, Accessible Central Living Area
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch, Wrap Around
    Lot
    • Size: 2.26 Acres
    • Dimensions: 1RR
    • Features: Wooded
    Details
    • Parcel number: 104 014.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Log
    • Property subtype: Single Family Residence, Cabin, Residential
    Materials
    • Log Siding, Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Septic Tank

    Community & neighborhood

    Location
    • Region: Sevierville
    • Subdivision: Other

    Price history

    DateEventPrice
    1/29/2026Sold$750,000-3.2%$190/sqft
    Source: Lakeway Area AOR #706826 Report a problem
    11/15/2025Pending sale$775,000$196/sqft
    Source: Lakeway Area AOR #706826 Report a problem
    10/28/2025Price change$775,000-2.5%$196/sqft
    Source: Lakeway Area AOR #706826 Report a problem
    8/17/2025Price change$794,900-0.6%$201/sqft
    Source: GSMAR, GSMMLS #305474 Report a problem
    8/4/2025Price change$799,9000%$203/sqft
    Source: GSMAR, GSMMLS #305474 Report a problem
    7/9/2025Price change$799,999-4.2%$203/sqft
    Source: Lakeway Area AOR #706826 Report a problem
    5/29/2025Price change$835,000-1.8%$211/sqft
    Source: Lakeway Area AOR #706826 Report a problem
    4/30/2025Price change$850,000-0.6%$215/sqft
    Source: Lakeway Area AOR #706826 Report a problem
    4/21/2025Listed for sale$855,000$216/sqft
    Source: Lakeway Area AOR #706826 Report a problem
    3/24/2025Pending sale$855,000$216/sqft
    Source: GSMAR, GSMMLS #305474 Report a problem
    3/19/2025Listed for sale$855,000-8%$216/sqft
    Source: Lakeway Area AOR #706826 Report a problem
    3/29/2024Listing removed--
    Source: East Tennessee Realtors #1229562 Report a problem
    10/11/2023Listing removed$929,000$235/sqft
    Source: East Tennessee Realtors #1229562 Report a problem
    9/8/2023Price change$929,000-6.8%$235/sqft
    Source: East Tennessee Realtors #1229562 Report a problem
    8/31/2023Price change$997,000-0.1%$252/sqft
    Source: East Tennessee Realtors #1229562 Report a problem
    7/17/2023Price change$997,500-23.3%$253/sqft
    Source: East Tennessee Realtors #1229562 Report a problem
    6/8/2023Listed for sale$1,300,000$329/sqft
    Source: East Tennessee Realtors #1229562 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37862

    Nearby schools

    GreatSchools rating
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