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20011989 Penny Way, Sevierville, TN 37862
20011989 Penny Way, Sevierville, TN 37862
Sold for $750,000
20011989 Penny Way, Sevierville, TN 37862
Sold for $750,000
20011989 Penny Way, Sevierville, TN 37862
20011989 Penny Way, Sevierville, TN 37862
20011989 Penny Way, Sevierville, TN 37862
20011989 Penny Way, Sevierville, TN 37862

20011989 Penny Way Sevierville, TN 37862

$750,000

CLOSED
Beds
4
Baths
4
Sqft
3,950
Acres
2.26
Year
1996
Close Date
Jan 29, 2026
Property Type
Residential
Sub Type
Per Square Foot
$190
Date Listed
Mar 18, 2025

Description of 20011989 Penny Way, Sevierville, TN 37862

Listing details for 20011989 Penny Way, Sevierville, TN 37862 : 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.
Listing Updated : 09-10-2026 at 9:33 PM CDT
Listing Provided By

Thomas Workman, 4236080752, Century 21 Legacy

Properties displayed may be listed or sold by various participants in the MLS

Source

Realtracs MLS as distributed by MLS GRID, MLS#: RTC3286487

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$644K – $1.07M
Exact number$2,845,000

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$644K – $1.07M
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
1/29/2026
Sold
$750,000 -12.3%
$190/sqft
Source:Realtracs MLS #RTC3286487
3/18/2025
Listed for sale
$855,000
$216/sqft
Source:Realtracs MLS #RTC3286487

Location of 20011989 Penny Way, Sevierville, TN 37862

Streetview of 20011989 Penny Way, Sevierville, TN 37862

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$644K – $1.07M
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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Based on information submitted to the MLS GRID as of 2026-09-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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