2015 Penny WAY Pigeon Forge, TN 37862
4 Beds
3 Baths
2,474 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,474 sqft
Price per Sqft $424
Subdivision Meadow Ridge Development
MLS Listing ID 1339772
Style Cabin
Bedrooms 4
Full Baths 3
Year Built 2023
Lot Size 3.230 Acres
Acres 3.23
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Property Description
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.
Location
State TN
County Sevier County - 27
Area 3.23
Rooms
Other Rooms Basement Rec Room, LaundryUtility, Mstr Bedroom Main Level
Basement Finished
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate, Hardwood, Tile
Fireplaces Number 2
Fireplaces Type Stone, Gas Log
Fireplace Yes
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heat Source Central, Electric
Laundry true
Exterior
Exterior Feature Balcony
Parking Features Designated Parking
Garage Description Designated Parking
View Mountain View
Garage No
Building
Lot Description Private, Wooded
Faces Headed South on the Parkway from Sevierville, Turn Right on Wears Valley Rd, Drive 4.5 miles to Right on Hidden Hollow Way, Turn Right onto Penny Way, House is approx 0.3 miles down the road on the Right.
Sewer Septic Tank
Water Well
Architectural Style Cabin
Structure Type Wood Siding,Block,Frame
Schools
Elementary Schools Pigeon Forge
Middle Schools Pigeon Forge
High Schools Pigeon Forge
Others
Restrictions Yes
Tax ID 104 014.16
Security Features Smoke Detector
Energy Description Electric
Virtual Tour https://www.zillow.com/view-imx/4ae20fee-9cdc-4445-b5ee-9af0ff5c551f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
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