$425,000
SOLD SEP 22, 2025

3416 Merlin Way Sevierville, TN 37863

1 Bed
2 Baths
1,200 Sq Ft
1,577 Sq Ft Lot

Recently Sold

$354 Per Sq Ft

15% Below List Price

123 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Property is near public transit
  • Gatlinburg Pittman High School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2025

Income-Generating 1BR Loft Cabin in Eagles Ridge North | Proven Rental | Prime Location Near Parkway

This charming 1-bedroom loft cabin is a top-performing rental located in the desirable Eagles Ridge North Resort, just minutes from Dollywood, The Island, and the Great Smoky Mountains National Park. With serene pond views, updated amenities, and a history of guest satisfaction, this property is a standout investment in one of Pigeon Forge's most in-demand areas.

🏡 Investment Highlights:
Established Rental with Repeat Guests: Backed by a strong rental history, this cabin consistently attracts repeat guests and maintains excellent ratings—9.2/10 on VRBO and 4.8/5 through Eagles Ridge Resort. Keep it on the Eagles Property Management program and gain immediate access to 2025 bookings already in place, generating income from day one.

Scenic Setting, Central Location: Overlooking a peaceful pond with a fountain, gazebo, and seasonal creek, this cabin offers a relaxing retreat just moments from top attractions, shows, shopping, and outdoor adventures. It's also ideally located near major event centers like The LeConte Center and The Ripken Experience, making it a favorite for guests attending sports tournaments, conferences, and special events.

Recent 2024 Upgrades: Upgraded with guest comfort in mind—featuring a luxurious new king bed with box springs, a new sleeper sofa, stylish new living room furniture including a rocker recliner, plus a new hot tub cover and custom hot tub staircase with handrail.

Spacious Loft Bedroom: The open loft offers natural light, restful wooded views, and a cozy mountain cabin feel that appeals to couples and small families alike.

Reliable City Utilities: Enjoy the ease and predictability of city water and sewer, ideal for reducing operational headaches and maximizing rental income.

Thoughtfully Maintained to Support Rental Performance: The property has been consistently cared for to ensure reliable operation and guest satisfaction. If you choose to keep it on the Eagles Property Management rental program, you'll gain instant access to existing bookings for 2025, ensuring a seamless transition and the potential for immediate rental income.

Whether you're an investor looking to grow your short-term rental portfolio or seeking a high-ROI cabin in a prime Smoky Mountain location, this property delivers. Low-maintenance, high-performing, and ready to generate returns immediately.

Last Agent to Sell the Property

Susan Nottingham

Summit Real Estate,LLC License #376037 Listed on: 04/25/2025

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,477

Year Built

  • Built in 2009

Lot Details

  • 1,577 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Landscaped
  • Property is zoned R2

HOA Fees

  • $90 Monthly HOA Fees

Property Views

  • Lake
  • Woods
  • Mountain

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Display Windows
  • Storage
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • On-Site Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Central Heating
  • Heat Pump System
  • Natural Gas Connected
  • High Speed Internet
  • Internet Available
  • Phone Connected
  • Cable TV Available

Community Details

  • Eagles Ridge North Association, Phone Number (865) 908-2644
  • Eagles Ridge North Subdivision
  • Community Lake
  • Planned Unit Development

Listing and Financial Details

  • Tax Lot 032
  • Assessor Parcel Number 093D H 00100 032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,477

Year Built

Built in 2009

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Zoning: R2
  • Current Use: Other
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: Lakefront, Waterfront
  • NumberUnfurnished: Furnished
  • Horses: No
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Main Level, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Landscaped, Near Public Transit, Views, Water Amenity, Waterfront
  • Reso View: Lake, Mountain(s), Trees/Woods
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 82
  • Subdivision Name: Eagles Ridge North
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Hardwood
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • ResoWindowFeatures: Blinds, Display Window(s), Window Coverings, Window Treatments
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 093D H 00100 032
  • Location Tax and Legal Tax Lot2: 032
  • Location Tax and Legal:Tax Annual Amount: 1476.73
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 0.0362
  • General Property Information Above Grade Finished Area: 1200.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Furnished
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • General Property Information Waterfront YN: Yes
  • Levels:Two: Yes
  • View:Lake2: Yes
  • General Property Information Accessibility Features YN2: No
  • Waterfront Features Lake Access2: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • General Property Information Property Attached YN: No
  • Interior Features Walk-In Shower(s): Yes
  • Laundry Features:Main Level: Yes
  • General Property Information Horse YN2: No
  • Main Room Levels Main Level Bathrooms: 1
  • Utilities Internet Connected: Yes
  • View TreesWoods: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Cable Connected: Yes
  • Flooring:Hardwood: Yes
  • Utilities Phone Connected: Yes
  • Frontage Type Waterfront: Yes
  • Frontage Type:Lakefront: Yes
  • General Property Information Planned Unit Development (PUD): Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Soaking Tub, Storage, Walk-In Shower(s)
  • Street Number Modifier: 3416
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Laundry Features:In Unit: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Exterior Features: Gas Grill, Rain Gutters
  • Roof: Metal
  • Fencing: None
  • Acres: 0.04
  • View: Yes
  • Waterfront Features: Lake Access, Lake Front, Waterfront
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Waterfront Features:Lake Front: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Gas Grill: Yes
  • Window Features:Window Coverings: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Near Public Transit: Yes
  • Window Features:Display Window(s): Yes
  • Lot Features:Waterfront2: Yes
  • Waterfront Features:Waterfront3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Assigned, Driveway, Off Street, On Site
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:On Site: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 270.0
  • Association Fee Frequency: Quarterly
  • Association Name: Eagles Ridge North
  • Phone: 865-908-2644
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 1576.87
  • ResoLotSizeUnits: Acres
  • Parcel #: 093D H 00100 032

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1476.73
  • Tax Lot: 032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
Sep 18, 2025
Sold by
Sab Legacy Llc
Bought by
Bansal Navrattan and Singhal Akriti
Seller's Agent
Susan Nottingham
Summit Real Estate,LLC
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.92%
Original Mortgage
$315,000
Outstanding Balance
$315,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$136,584
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 Sold $425,000 -5.6% $354 / Sq Ft
07/17/2025 07/17/25 Price Changed $449,995 -3.1% $375 / Sq Ft
06/20/2025 06/20/25 Price Changed $464,500 -2.1% $387 / Sq Ft
05/15/2025 05/15/25 Price Changed $474,500 -4.9% $395 / Sq Ft
04/04/2025 04/04/25 For Sale $499,000 +152.0% $416 / Sq Ft
05/25/2020 05/25/20 Off Market $198,000 -- --
02/25/2019 02/25/19 Sold $198,000 +1.5% $206 / Sq Ft View Prior Sale
01/26/2019 01/26/19 Pending -- -- --
05/01/2018 05/01/18 For Sale $195,000 -- $203 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History Compared to Growth

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
2025 $2,656 $89,760 $16,000 $73,760
2024 $2,656 $89,760 $16,000 $73,760
2023 $2,656 $89,760 $0 $0
2022 $923 $56,100 $10,000 $46,100
2021 $923 $56,100 $10,000 $46,100
2020 $811 $56,100 $10,000 $46,100
2019 $811 $39,350 $10,000 $29,350
2018 $811 $39,350 $10,000 $29,350
2017 $811 $39,350 $10,000 $29,350
2016 $811 $39,350 $10,000 $29,350
2015 -- $45,225 $0 $0
2014 $828 $45,231 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 305769

Great Smoky Mountains Association of REALTORS®

APN: 093D-H-001.00-032