2015 Penny Way, Pigeon Forge, TN 37862
$1,050,000
Property Type:
Single Family
Bedrooms:
4
Square Footage:
2,474
Lot Size (sq. ft.):
140,699
Status:
Active
Current Price:
$1,050,000
List Date:
5/06/2026
Last Modified:
5/06/2026
Listing Details MLS# 1339772
Location Tax Legal Info
- House #
- 2015
- Street Name
- Penny
- St Suffix
- Way
- State/Province
- TN
- Zip Code
- 37862
- PIN #
- 104 014.16
- Subdivision
- Meadow Ridge Development
Contract Info
- Auction Y/N
- No
- Listing Price
- 1050000
General Property Description
- Type
- Tri-Level
- Acres
- 3.23
- Acre Source
- Tax Records
- Site Built
- Yes
- Restrictions
- Yes
- SqFt - Total (Aprox)
- 2474
- SqFt - Main Lvl
- 1514
- SqFt - Down Lvl
- 960
- # Bedrooms
- 4
- Baths - Full
- 3
- # of Rooms
- 10
- Fireplace
- Yes
- # Fireplace
- 2
- Property Status
- N/A
- HOA
- No
- Year Built
- 2023
- Bonus Room
- Yes
- Extra Storage
- Yes
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- Basement
- Yes
Status Change Info
- Status Change Date
- 2026-05-06
Location, Tax & Legal Info
- Area
- Sevier County - 27
- Property Sub-Type
- Residential
- City/County Code
- County
- Elementary School
- Pigeon Forge
- Middle School
- Pigeon Forge
- Total Tax
- 3216.34
- High School
- Pigeon Forge
Remarks & Misc
- Directions
- 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.
- Public Remarks
- 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.
More Information
Atchd/Dtchd Type
- Detached
- Yes
Style
- Cabin
- Yes
Construction
- Block
- Yes
- Frame
- Yes
Siding
- Wood
- Yes
Fireplace
- Gas Log
- Yes
- Stone
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Hardwood
- Yes
- Laminate
- Yes
- Tile
- Yes
Garage/Parking
- Designated Parking
- Yes
Basement
- Finished
- Yes
Lot Description
- Private
- Yes
- Wooded
- Yes
Fuel
- Electric
- Yes
View
- Mountain View
- Yes
Heat
- Central
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Smoke Detector
- Yes
- Washer
- Yes
Other Rooms
- Basement Rec Room
- Yes
- Laundry/Utility
- Yes
- Mstr Bdrm Main Level
- Yes
Exterior Features
- Balcony
- Yes
- Deck
- Yes
Misc Features
- Hot Tub
- Yes
- Walk-in Shower
- Yes
Sewer
- Septic Tank
- Yes
Water
- Well
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- Exchange
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Style:
Cabin
Construction:
Block; Frame
Siding:
Wood
Basement:
Finished
Lot Description:
Private; Wooded
View:
Mountain View
Fireplace:
Gas Log; Stone
Floors:
Hardwood; Laminate; Tile
Fuel:
Electric
Heat:
Central
Cooling:
Central Cooling
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer
Sewer:
Septic Tank
Water:
Well
Other Rooms:
Basement Rec Room; Laundry/Utility; Mstr Bdrm Main Level
Misc Features:
Hot Tub; Walk-in Shower
Exterior Features:
Balcony; Deck
Showing:
See Agent Instructns
New Financing:
Cash; Conventional; Exchange
IDX
Listing Office:
Realty Executives Smoky Mountains
Office Phone: 865-505-1000
Last Updated: May - 06 - 2026
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