2015 Penny Way, Pigeon Forge, TN 37862 (MLS# 1339772)

2015 Penny Way, Pigeon Forge, TN 37862

$1,050,000
Property Type: Single Family Bedrooms: 4 Square Footage: 2,474 Lot Size (sq. ft.): 140,699 Status: Active
Current Price: $1,050,000 List Date: 5/06/2026 Last Modified: 7/13/2026

Overview

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 ...

Listing Details MLS# 1339772

Location Tax Legal Info

House #
2015
Street Name
Penny
St Suffix
Way
State/Province
TN
Zip Code
37862
PIN #
104 014.16
Subdivision
Meadow Ridge Development

Contract Info

Auction Y/N
No
Listing Price
1050000

General Property Description

Type
Tri-Level
Acres
3.23
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
2474
SqFt - Main Lvl
1514
SqFt - Down Lvl
960
# Bedrooms
4
Baths - Full
3
# of Rooms
10
Fireplace
Yes
# Fireplace
2
Property Status
N/A
HOA
No
Year Built
2023
Bonus Room
Yes
Extra Storage
Yes

Status Change Info

Status Change Date
2026-05-06

More Information

Property Features

Style: Cabin Construction: Block; Frame Siding: Wood Basement: Finished Lot Description: Private; Wooded View: Mountain View Fireplace: Gas Log; Stone Floors: Hardwood; Laminate; Tile Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Washer Sewer: Septic Tank Water: Well Other Rooms: Basement Rec Room; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Hot Tub; Walk-in Shower Exterior Features: Balcony; Deck Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange
IDX
Listing Office: Realty Executives Associates
Last Updated: July - 13 - 2026
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