PENDING
$45K PRICE DROP
3406 Merlin Way Sevierville, TN 37863
Estimated payment $2,754/month
Total Views
4,471
1
Bed
1.5
Baths
1,200
Sq Ft
$379
Price per Sq Ft
Highlights
- Lake Front
- Spa
- Private Lot
- Gatlinburg Pittman High School Rated A-
- Deck
- Pond
About This Home
Storybook Cabin with PRIVATE POND view! Turnkey and cash flowing rental in one of the hottest STR markets in the country! This one prints money while offering an unforgettable guest experience that keeps bookings rolling in. Meticulously maintained by the owners and VERY clean. Guests LOVE the serene pond views with water fountain and a covered gazebo for your use. This cozy cabin has almost total privacy (sits on a dead-end street) and an unbeatable location just minutes from Dollywood, The Island, the outlet malls, the National Park, and all the top attractions of the Great Smoky Mountains.
It's the kind of place that stands out in a crowded rental market—a homey, non-pet, picture-perfect escape maintaining a 4.75/5 Evolve, 4.76/AirBNB, 9/10 VRBO, and 9.6/10 Booking.com with many repeat guests. If you continue with Evolve Management, you will have access to all future bookings for the rest of 2025 and into 2026.
This property has a new queen size sleeper sofa and loveseat (2023), a new hot tub cover (2024), and a new natural gas furnace (2024). The stone jacuzzi tub is a unique feature, as are the dual shower heads in upstairs bathroom, and the covered back deck overlooking the pond is a guest favorite.
This property has all city utilities (water, sewer, electric, natural gas) and Xfinity for high-speed internet and TV.
This is a rare opportunity for the buyer to inherit the current rental listing and all its great ratings and assets! This cabin comes turnkey with all furniture, appliances, linens, and owners closet with supplies conveying, with no rental restrictions.
Whether you're looking for passive income, portfolio expansion, or a high-demand STR in a proven market, this is the one. It won't last long! Call Addison today before it's gone to schedule your tour!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,783
Year Built
- Built in 2008
Lot Details
- 436 Sq Ft Lot
- Lake Front
- Private Lot
- Wooded Lot
HOA Fees
- $92 Monthly HOA Fees
Property Views
- Lake
- Woods
- Forest
Home Design
- Cabin
- Block Foundation
- Frame Construction
- Stone Siding
- Log Siding
- Stucco Exterior
Interior Spaces
- 1,200 Sq Ft Home
- Cathedral Ceiling
- Gas Log Fireplace
- Storage
- Wood Flooring
- Crawl Space
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Parking
- On-Street Parking
- Assigned Parking
Outdoor Features
- Spa
- Pond
- Lake, Pond or Stream
- Balcony
- Deck
- Covered patio or porch
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Internet Available
Community Details
- Association fees include grounds maintenance
- Eagles Ridge North Subdivision
- Mandatory home owners association
- On-Site Maintenance
Listing and Financial Details
- Assessor Parcel Number 093D H 001.00
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,208 | $108,400 | $16,000 | $92,400 |
| 2023 | $3,208 | $108,400 | $0 | $0 |
| 2022 | $1,115 | $67,750 | $10,000 | $57,750 |
| 2021 | $1,115 | $67,750 | $10,000 | $57,750 |
| 2020 | $803 | $67,750 | $10,000 | $57,750 |
| 2019 | $803 | $39,000 | $10,000 | $29,000 |
| 2018 | $803 | $39,000 | $10,000 | $29,000 |
| 2017 | $803 | $39,000 | $10,000 | $29,000 |
| 2016 | $803 | $39,000 | $10,000 | $29,000 |
| 2015 | -- | $44,900 | $0 | $0 |
| 2014 | $822 | $44,894 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 06/21/2025 06/21/25 | Price Changed | $455,000 | -4.2% | $379 / Sq Ft |
| 06/21/2025 06/21/25 | Price Changed | $474,950 | 0.0% | $396 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $474,975 | 0.0% | $396 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $474,985 | 0.0% | $396 / Sq Ft |
| 05/30/2025 05/30/25 | Price Changed | $474,989 | 0.0% | $396 / Sq Ft |
| 05/23/2025 05/23/25 | Price Changed | $474,990 | 0.0% | $396 / Sq Ft |
| 05/16/2025 05/16/25 | Price Changed | $474,995 | 0.0% | $396 / Sq Ft |
| 05/09/2025 05/09/25 | Price Changed | $474,999 | 0.0% | $396 / Sq Ft |
| 05/02/2025 05/02/25 | Price Changed | $475,000 | -2.1% | $396 / Sq Ft |
| 04/25/2025 04/25/25 | Price Changed | $484,999 | 0.0% | $404 / Sq Ft |
| 04/19/2025 04/19/25 | Price Changed | $485,000 | -1.0% | $404 / Sq Ft |
| 04/11/2025 04/11/25 | Price Changed | $490,000 | -2.0% | $408 / Sq Ft |
| 04/04/2025 04/04/25 | Price Changed | $499,899 | 0.0% | $417 / Sq Ft |
| 03/28/2025 03/28/25 | Price Changed | $499,900 | 0.0% | $417 / Sq Ft |
| 03/21/2025 03/21/25 | Price Changed | $499,950 | 0.0% | $417 / Sq Ft |
| 03/14/2025 03/14/25 | Price Changed | $499,990 | 0.0% | $417 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $499,995 | 0.0% | $417 / Sq Ft |
| 02/28/2025 02/28/25 | Price Changed | $499,999 | 0.0% | $417 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $500,000 | +163.2% | $417 / Sq Ft |
| 09/13/2019 09/13/19 | Off Market | $190,000 | -- | -- |
| 06/15/2018 06/15/18 | Sold | $190,000 | -2.6% | $198 / Sq Ft |
| 05/25/2018 05/25/18 | Pending | -- | -- | -- |
| 05/01/2018 05/01/18 | For Sale | $195,000 | -- | $203 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $703 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available | |
| Previous Owner | $540,000 | Unknown | |
| Previous Owner | $208,000 | No Value Available |
Source: Public Records
Similar Homes in Sevierville, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1290695
APN: 093D-H-001.00-035
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
Nearby Homes
- 3416 Merlin Way
- 3412 Merlin Way
- 3223 White Falcon Way
- 3226 White Falcon Way
- 3164 White Falcon Way Unit 808
- 3202 Steeple Way
- 2887 Pine Haven Dr
- 3138 White Falcon Way
- 2904 Barnes Dr
- Lot 25 Crestview Ct
- 2876 Pine Haven Dr
- 2917 Barnes Dr
- 2741 Mountain View Cir
- 720 Timberlake Dr
- 2784 Mountain View Cir
- 2730 Easy St
- 2740 Mountain View Cir
- 843 Lloyd Huskey Rd
- 2746 Easy St
- 2846 Mountain View Cir