Views - Primary on Main
Address
2015 Penny Way, Pigeon Forge, TN
Price
$ 1,050,000
Property Attributes
- MLS#1339772
- TypeSingle Family
- Listing Status Active
- CountySevier
- CityPigeon Forge
- AreaSevier County
- NeighborhoodMeadow Ridge Development
- Zip37862
- StyleCabin
- Year Built2023
- Taxes$ 3216
- Price$ 1,050,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2474
- Lot Size3.23 Acres
Data Source:
Knoxville MLS (KAAR)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Pigeon Forge Elementary School | Pigeon Forge Middle School | Pigeon Forge High School |
| Price History | |
|---|---|
| 5/6/2026 | Listed $1,050,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Cooling |
| Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer |
| Architectural Style | Cabin |
| Security Features | Smoke Detector |
| Construction Materials | Wood Siding,Block,Frame |
| Year Built | 2023 |
| View | Mountain View |
| Property Subtype | Single Family Residence |
| County | Sevier County - 27 |
| Property Type | Single Family |
| Attached Garage | false |
| Subdivision Name | Meadow Ridge Development |
| Total Rooms | 10 |
| Full Baths | 3 |
| Status | Active |
| 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. |
| High School | Pigeon Forge |
| City | Pigeon Forge |
| MLS Area | Sevier County - 27 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 140698.8 |
| Elementary School | Pigeon Forge |
| Property Attached Y/N | false |
| Middle/Junior High School | Pigeon Forge |
| MLS Area Minor | Sevier County - 27 |
| Virtual Tour | https://www.zillow.com/view-imx/4ae20fee-9cdc-4445-b5ee-9af0ff5c551f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Structure Type | Tri-Level |
| Standard Status | Active |
| New Financing Cash | true |
| New Financing Coventional | true |
| New Financing Exchange | true |
Interior Features
| Basement | Finished |
|---|---|
| Flooring | Laminate,Hardwood,Tile |
| Total Fireplaces | 2 |
| Fireplace Features | Stone,Gas Log |
| Basement (Y/N) | true |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Total Bedrooms | 4 |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Parking Features | Designated Parking |
| Lot Features | Private,Wooded |
| Water Source | Well |
| Lot Size Area | 3.23 |
| Building Area Total | 2474 |
| Lot Size Acres | 3.23 |
| Lot Size Source | Tax Records |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 37862
Price
Taxes
Year Built
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026 All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information was updated September 21, 2026 11:09 AM UTC Some properties may subsequently have
