UNDER CONTRACT
$49K PRICE DROP
3416 Merlin Way Sevierville, TN 37863
Estimated payment $2,664/month
Total Views
3,607
1
Bed
2
Baths
1,200
Sq Ft
$375
Price per Sq Ft
Highlights
- Lake Front
- Community Lake
- Property is near public transit
- Gatlinburg Pittman High School Rated A-
- Deck
- Cathedral Ceiling
About This Home
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.
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
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 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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®
Similar Homes in Sevierville, TN
Source: Great Smoky Mountains Association of REALTORS®
MLS Number: 305769
APN: 093D-H-001.00-032
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. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.
Nearby Homes
- 3223 White Falcon Way
- 3412 Merlin Way
- 3406 Merlin Way
- 3229 White Falcon Way
- 3226 White Falcon Way
- 3164 White Falcon Way Unit 808
- 3202 Steeple Way
- 3138 White Falcon Way
- 2887 Pine Haven Dr
- Lot 25 Crestview Ct
- 2904 Barnes Dr
- 2876 Pine Haven Dr
- 720 Timberlake Dr
- 2917 Barnes Dr
- 2741 Mountain View Cir
- 843 Lloyd Huskey Rd
- 2784 Mountain View Cir
- 2740 Mountain View Cir
- 2730 Easy St
- 2779 Easy St
- 2209 Henderson Springs Rd Unit ID1226184P
- 532 Warbonnet Way Unit ID1022145P
- 528 Warbonnet Way Unit ID1022144P
- 404 Henderson Chapel Rd
- 852 Sweetfern Ln
- 124 Plaza Dr Unit ID1266273P
- 3308 Mr Marshall Dr
- 0 Daisy Trail
- 3215 N River Rd Unit ID1266990P
- 2125 Cascades Ct
- 2139 New Era Rd
- 770 Marshall Acres St
- 1150 Pinyon Cir Unit ID1266672P
- 1410 Hurley Dr Unit ID1266207P
- 1410 Hurley Dr Unit ID1266209P
- 1127 Tramel Rd
- 4025 Parkway
- 4025 Parkway
- 741 Golf View Blvd Unit ID1266621P
- 741 Golf View Blvd Unit ID1266614P