2015 Penny Way

Pigeon Forge, TN 37862

$1,050,000
Price
4
Beds
2,474 Sq. Ft.
$424 / Sq. Ft.
2,474
Sq. Ft.
$424
per Sq. Ft.
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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...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.
  1. Listed by Jacob Collins • Realty Executives Smoky Mountains
  2. Listed by Daniel Triemert • Realty Executives Smoky Mountains

Property Details for 2015 Penny Way

Architectural Style
Cabin
Sub division Name
Meadow Ridge Development
View
Mountain View
Style Cabin
True
LISTING UPDATED: 05/06/2026 01:21 PM

Property Details for 2015 Penny Way

StatusActive
MLS #1339772
Days on Market32
Taxes$3,216 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeSingle Family / Single Family Residence
Year Built2023
Lot Size3.23 AC / 140,698 SF
CountySevier County
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Location

Listing Courtesy of Realty Executives Smoky Mountains, Jacob Collins; Realty Executives Smoky Mountains, Daniel Triemert (913.579.3421)
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Building Information for 2015 Penny Way

Stories-Year Built2023Building Size-Lot Size3.23 AC / 140,698 SF

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$5,500 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,232

Property Taxes

$268

HOA Dues

$0

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Property Information for 2015 Penny Way

Summary
Location and General Information
  • City: Pigeon Forge
  • County Or Parish: Sevier County - 27
  • 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.
  • Latitude: 35.767439
  • Longitude: -83.62823
  • MLS Area Major: Sevier County - 27
  • MLS Area Minor: Sevier County - 27
  • Postal Code: 37862
  • State Or Province: TN
  • View Mountain View: True
  • Location Tax Legal Info Area: Sevier County - 27
  • 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.
Parking
  • Attached Garage: No
  • Parking Features: Designated Parking
  • Atchd Dtchd Type Detached: True
  • Garage Parking Designated Parking: True
School Information
  • Elementary School: Pigeon Forge
  • High School: Pigeon Forge
  • Middle Or Junior School: Pigeon Forge
  • Location Tax Legal Info Elementary School: Pigeon Forge
  • Location Tax Legal Info Middle School: Pigeon Forge
  • Location Tax Legal Info High School: Pigeon Forge
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 104 014.16
  • Location Tax Legal Info Total Tax: 3216.34
  • General Property Description HOA: No
Property
Lot Information
  • Building Area Source: Tax Records
  • Lot Size Area: 3.23
  • Lot Size Units: Acres
  • Lot Size Square Feet: 140698.8
  • Year Built: 2023
  • Lot Features: Private, Wooded
  • Building Area Total: 2474.0
  • Lot Size Acres: 3.23
  • Lot Size Source: Tax Records
  • General Property Description SqFt - Main Lvl: 1514.0
  • General Property Description SqFt - Down Lvl: 960.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Acres: 3.23
  • General Property Description Acre Source: Tax Records
  • General Property Description Site Built: Yes
  • Lot Description Private: True
  • Lot Description Wooded: True
Property and Assessments
  • Possession: At Closing
  • Property Attached: No
  • Property Type Label: Single Family
  • Floor Plans Count: 7
  • Property Type: Single Family
  • Property Sub Type: Single Family Residence
  • Possession At Closing: True
Utilities
  • General Property Description Sewer: Septic Tank
  • Fuel Electric: True
  • Sewer Septic Tank: True
  • Water Well: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Construction Materials: Wood, Block, Frame
  • Siding Wood: True
  • Exterior Features Balcony: True
  • Exterior Features Deck: True
Interior Features
  • Beds Total: 4
  • Baths Full: 3
  • Baths Half: 0
  • Cooling: Central Cooling
  • Fireplaces Total: 2
  • Fireplace: Yes
  • Bathrooms Total Integer: 3
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Heating Details: Central, Electric
  • Fireplace Features: Stone, Gas Log
  • Flooring: Laminate, Hardwood, Tile
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace Gas Log: True
  • Fireplace Stone: True
  • Cooling Central Cooling: True
  • Floors Hardwood: True
  • Floors Laminate: True
  • Floors Tile: True
  • Basement Finished: True
  • General Property Description Number of Bedrooms: 4
  • General Property Description Number of Rooms: 10
  • General Property Description Fireplace: Yes
  • General Property Description Number of Fireplace: 2.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: Yes
  • General Property Description Extra Storage: Yes
  • Heat Central: True
  • Appliances Dishwasher: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Appliances Washer: True
  • Other Rooms Basement Rec Room: True
  • Other Rooms Laundry Utility: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Misc Features Hot Tub: True
  • Misc Features Walk-in Shower: True
Room Information
Room
  • Rooms Total: 10
Rental
Rent Information
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Electric

Property History for 2015 Penny Way

DateEvent & SourcePriceAppreciation
May 6, 2026

Listed (Active)

KAARMLS #1339772

$1,050,000—
Oct 31, 2024

Expired

KAARMLS #1267668

—
Jul 23, 2024

Price Change

KAARMLS #1267668

$1,299,990—
DateEvent & SourcePrice
05/06/2026

Listed (Active)

KAARMLS #1339772

$1,050,000
10/31/2024

Expired

KAARMLS #1267668

—
07/23/2024

Price Change

KAARMLS #1267668

$1,299,990

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2015 Penny Way

Taxable ValueLand$19,880Additions$197,440Total$217,320
Tax Record2025$3,216 ($268 / month)
Home Facts
Beds0Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories2Lot Size140,699 SqFtStyleSingle Family ResidenceYear Built2002ZoningR-1CountySEVIERAPN104 01416Fireplace TypeHas Fireplace

Schools near 2015 Penny Way

This home is within Sevier County School District.
Rating
School
Type
Grades
Distance
Pigeon Forge Primary School
Public - PK to 3
Pigeon Forge Middle School
Public - 7 to 9
Pigeon Forge High School
Public - 10 to 12
Pigeon Forge Intermediate
Public - 4 to 6
Rating
School
Distance
Pigeon Forge Primary School
PublicPK to 3

Pigeon Forge Middle School
Public7 to 9

Pigeon Forge High School
Public10 to 12

Pigeon Forge Intermediate
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2015 Penny Way, Pigeon Forge, TN 37862

2015 Penny Way is a single family home for sale in Pigeon Forge, TN 37862. This property was listed for sale on May 6, 2026 by Realty Executives Smoky Mountains, it's currently listed at $1,050,000. It has been on the market for a total of 32 days and was last sold on March 21, 2022. This listing's school district is Sevier County School District. Nearby schools include Pigeon Forge Primary School, Pigeon Forge Middle School and Pigeon Forge High School. 2015 Penny Way is a 4-bed, 3-bath, 2,474 sqft single family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Smoky Mountains, Jacob Collins; Realty Executives Smoky Mountains, Daniel Triemert (913.579.3421)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 05/06/2026 01:21 PM