Myra Findley

2015 Penny Way

Pigeon Forge, TN
$ 1,050,000 Beds 4 Baths 3 Sq 2,474 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,050,000
  • City
  • Pigeon Forge
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • Sevier
  • Half Bathrooms
  • 0
  • Area
  • Sevier County
  • Lot Size
  • 3.23 Acres
  • Zip
  • 37862
  • Sqr Footage
  • 2,474
  • Year Built
  • 2023
  • Taxes
  • $ 3216
  • Style
  • Cabin
  • MLS#
  • 1339772
Listed By: Realty Executives Associates
Data Source: Knoxville MLS (KAAR)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Dandridge, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Pigeon Forge Elementary School
Middle School Pigeon Forge Middle School
High School Pigeon Forge High School

Price History

5/6/2026 Listed $1,050,000

Property vs Zip Code Average in 37862

Price
AVG $880K
$1.05M
Taxes
AVG $1,993
$3,216
Year Built
AVG 2005
2023

Areas That We Cover

2015 Penny Way Pigeon Forge, TN is a Single Family Home for sale at $1050000 with 2474 sqft and a lot size of 3.23 Acres Acre(s). 2015 Penny Way Pigeon Forge has 4 bedrooms, 3 baths and was built in 2023. The property's zip code is 37862 which is in Pigeon Forge, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Myra Findley

Myra Findley

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423-714-6057

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