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About This Home

This 4-bedroom, 3-bathroom single family at 2015 Penny Way in Pigeon Forge, TN is listed for $1,050,000 ($424 per sqft). Built in 2023, the home offers 2,474 sqft of living space on a 3.23 acres lot.

Agent 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.

Key Features

  • Built in 2023
  • 3.23 acre lot
  • Fireplace

Property Details

3 full
2023

Amenities

FireplaceHardwoodA/C

Monthly Cost Estimate

$5,616/mo

20% down · 6.5% · 30 years

Principal$759
Interest$4,550
Insurance$306

Estimates only. Actual payments may vary.

Location

2015 Penny Way

Pigeon Forge, TN 37862

Meadow Ridge Development

Features & Amenities

Exterior Features

Balcony

Property Details

Flooring

HardwoodTileLaminate

Construction

Wood Siding Block Frame

Pool Features

Deck

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 2015 Penny Way is listed at $1,050,000 ($424/sqft). The estimated monthly payment is $4,550 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 3.23 acre lot, Fireplace. Exterior Features: Balcony.

This property is listed by Jacob Collins and can be reached at 8655587002 or jacob@sellinthesmokies.com.

JC

Jacob Collins

Agent at Realty Executives Associates

(865) 558-7002

Listed by Realty Executives Associates · View on Broker Site

MLS# 1339772· Source: listhub· Updated 34 days ago

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2015 Penny Way, Pigeon Forge, TN 37862

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