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Under contract
  • Price cut: $14.5K (7/17)
    $449,995

    3416 Merlin Way, Pigeon Forge, TN 37862

    1beds
    1,200sqft
    : 
    Single Family Residence, Residential
    Built in 2009
    1,742.4 Square Feet Lot
    $434,900 Zestimate®
    $375/sqft
    $90/mo HOA

    What's special

    Scenic settingSpacious loft bedroomUpdated amenitiesSerene pond views
    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.
    124 days
    on Zillow
    |
    661
    |
    38
    |

    Zillow last checked: 7 hours ago

    Listing updated: 17 hours ago

    Listed by:

    Susan Nottingham 865-850-7536,

    Summit Real Estate,LLC 865-435-9983

    Source: GSMAR, GSMMLS,MLS#: 305769MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Heating
    • Central, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, In Unit, Main Level, Washer Hookup
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Soaking Tub, Storage, Walk-In Shower(s)
    • Flooring: Hardwood
    • Windows: Blinds, Display Window(s), Window Coverings, Window Treatments
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    • Furnished: Yes
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft
    • Finished area above ground: 1,200
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Asphalt, Assigned, Driveway, Off Street, On Site
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Porch
    • Exterior features: Gas Grill, Rain Gutters
    • Fencing: None
    • Has view: Yes
    • View description: Lake, Mountain(s), Trees/Woods
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Access, Lake Front, Waterfront, Water Amenity
    • Frontage type: Lakefront,Waterfront
    Lot
    • Size: 1,742.4 Square Feet
    • Features: Cul-De-Sac, Landscaped, Near Public Transit, Views
    Details
    • Parcel number: 093D H 00100 032
    • Zoning: R2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin,Log
    • Property subtype: Single Family Residence, Residential
    Materials
    • Log
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2009

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Lake
    • Security: Smoke Detector(s)
    • Subdivision: Eagles Ridge North
    HOA
    • Has HOA: Yes
    • HOA fee: $270 quarterly
    • HOA name: Eagles Ridge North
    • HOA phone: 865-908-2644
    Location
    • Region: Pigeon Forge

    Financial & listing details

    • Price per square foot: $375/sqft
    • Tax assessed value: $224,400
    • Annual tax amount: $1,476
    • Date on market: 4/25/2025
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Electric utility on property: Yes
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