$455,000
$45K PRICE DROP

3412 Merlin Way Sevierville, TN 37863

Estimated payment $2,754/month

Total Views 5,123
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

Cash-Flowing Waterfront Cabin in PRIME Location! Turnkey STR in one of the most in-demand rental markets in the country! This cabin delivers strong returns while providing top-tier guest experience that keeps bookings full. Meticulously maintained and kept spotless by the owners, this cabin has been a guest favorite. Guests LOVE this cabin tucked away on a quiet dead-end street, this cozy escape offers total privacy and with a peaceful pond view and a covered gazebo for your use right in your backyard.This cabin offers a peaceful retreat while being just minutes from Dollywood, The Island, the outlet malls, fabulous restaurants and all the top attractions of the Smokies!It's the kind of place that stands out in a crowded rental market—a cozy, non-pet, picturesque escape maintaining a 4.75/5 Evolve, 4.76/Airbnb, 9.4/10 VRBO, and 9.3/10 Booking.com with many repeat guests. If you continue with Evolve Management, you will inherit all future bookings for the remainder of 2025 and into 2026.Many recent upgrades including new queen size sleeper sofa, love seat, chair, new hot tub cover all within the last year. The stone jacuzzi tub located in loft is a standout feature along with a King size bed and dual shower heads in upstairs bathroom.This property has all city utilities (water, sewer, electric, natural gas) and Xfinity for high-speed internet and TV.Jump on this rare opportunity to inherit a successful rental listing with a great reputation, strong ratings, and all the assets that make it a proven performer as it all conveys in the sale. Fully turnkey with all furnishings and appliances included, and no rental restrictions! Whether you're after passive income, portfolio growth, or a high-demand rental in a thriving market, this is an opportunity you don't want to miss. Call Addison to schedule your tour today!

Listing Agent

Addison Santacroce-Witmer

Freedom Real Estate License #354611 Listed on: 02/21/2025

Freedom Real Estate

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,783

Year Built

Built in 2008

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Directions: From the Parkway, turn onto Wears Valley Road going towards Townsend. Turn right at the Eagles Ridge North Waterwheel. Go up the hill and make a sharp right and head straight, then turn right continuing on White Falcon Way. Follow the road all the way until you get to the end and then turn left down the hill. Cabin is on private dead end street. Cabin name is ''Lakeside Rendezvous''.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2008
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.01
  • Subdivision Name: Eagles Ridge North
  • Architectural Style: Cabin
  • Property Attached Yn: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 600.0
  • General Property Description:SqFt - 2nd Flr Lvl: 600.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Siding:Stone3: Yes
  • Lot Description:Private: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • AtchdDtchd Type:Attached: Yes
  • Siding:Stucco2: Yes
  • Siding:Log2: Yes
  • Misc Features:Hot Tub: Yes
  • Lot Description:Pond: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Exterior Features: Balcony
  • View: Wooded, Lake
  • Lot Features: Lake/Water Access, Pond, Private, Lakefront, Wooded
  • Construction Type: Stucco, Stone, Log, Block, Frame
  • Patio And Porch Features: Porch - Covered, Deck
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Block2: Yes
  • Construction:Log: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking, Designated Parking
  • GarageParking:Designated Parking: Yes
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 276.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Grounds Maintenance: Yes

Fee Information

  • Association Fee Includes: Grounds Maintenance

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 093D H 001.00

Tax Info

  • Tax Annual Amount: 1783.4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $725 $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
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 $489,999 0.0% $408 / Sq Ft
04/04/2025 04/04/25 Price Changed $490,000 -1.0% $408 / Sq Ft
03/28/2025 03/28/25 Price Changed $494,999 0.0% $412 / Sq Ft
03/21/2025 03/21/25 Price Changed $495,000 -1.0% $413 / 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 $208,000 No Value Available
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1290696

East Tennessee REALTORS® MLS

APN: 093D-H-001.00-033