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Listing Detail - Nashville Home and Farms

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Pigeon Forge, TN 37862 2015 Penny Way

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Presented By: Realty Executives Smoky Mountains
  • MLS# 1339772
  • 05/01/2026
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 3
  • SQFT • 2,474

Home Details

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.
Presented By: Realty Executives Smoky Mountains

Interior Features for 2015 Penny Way

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

Air Conditioning Y/NYes
BasementFinished
Basement (Y/N)Yes
Fireplace FeaturesStone, Gas Log
Fireplace Y/NYes
FlooringLaminate, Hardwood, Tile
Heating Y/NYes
Total Fireplaces2

General for 2015 Penny Way

AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Architectural StyleCabin
Attached Garage No
CityPigeon Forge
Construction MaterialsWood Siding, Block, Frame
CoolingCentral Cooling
CountySevier County - 27
DirectionsHeaded 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.
Elementary SchoolPigeon Forge
Full Baths3
HeatingCentral, Electric
High SchoolPigeon Forge
Lot Size Square Feet140698.8
Lot Size UnitsAcres
MLS AreaSevier County - 27
MLS Area MinorSevier County - 27
Middle/Junior High SchoolPigeon Forge
New Financing Cashtrue
New Financing Coventionaltrue
New Financing Exchangetrue
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeSingle Family
Security FeaturesSmoke Detector
SewerSeptic Tank
Standard StatusActive
StatusActive
Structure TypeTri-Level
Subdivision NameMeadow Ridge Development
Total Rooms10
ViewMountain View
Virtual TourClick here
Year Built2023

Exterior for 2015 Penny Way

Building Area Total2474
Exterior AmenitiesBalcony
Lot FeaturesPrivate, Wooded
Lot Size Acres3.23
Lot Size Area3.23
Lot Size SourceTax Records
Parking FeaturesDesignated Parking
Water SourceWell

Additional Details

Price History

Schools

Middle School Pigeon Forge Middle School

Anthony Martin

Agent | Owner
Price $1,050,000
MLS#1339772
List Date 05/01/2026
Property Type Single Family
Request Tour
Request Info
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