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  • $425,000

    3416 Merlin Way, Pigeon Forge, TN 37862

    1beds
    1,200sqft
    Single Family Residence, Residential
    Built in 2009
    1,568 Square Feet Lot
    $410,700 Zestimate®
    $354/sqft
    $1,806 Estimated rent

    Home value

    $410,700

    $357,000 - $472,000

    $1,806/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Nottingham 865-850-7536,

    Summit Real Estate

    Bought with:

    Non Member

    NON MEMBER FIRM

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3511732MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Kitchen
    • Features: Eat-in Kitchen
    • Level: Eat-in Kitchen
    Heating
    • Central, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • High Ceilings, Ceiling Fan(s)
    • Flooring: Wood
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: Asphalt, Assigned, Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 2
    • Patio & porch: Deck, Covered
    • Exterior features: Gas Grill
    • Has view: Yes
    • View description: Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front, Year Round Access
    Lot
    • Size: 1,568 Square Feet
    • Features: Cul-De-Sac, Views
    • Topography: Cul-De-Sac,Views
    Details
    • Parcel number: 093D H 00100 032
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 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: Water Available, Cable Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Eagles Ridge North
    HOA
    • Has HOA: Yes
    • HOA fee: $270 quarterly
    Location
    • Region: Pigeon Forge

    Financial & listing details

    • Price per square foot: $354/sqft
    • Tax assessed value: $224,400
    • Annual tax amount: $1,477
    • Date on market: 8/13/2026

    Price history

    DateEventPrice
    9/22/2025Sold$425,000-5.6%$354/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3511732 Report a problem
    8/6/2025Contingent$449,995$375/sqft
    Source: GSMAR, GSMMLS #305769 Report a problem
    7/17/2025Price change$449,995-3.1%$375/sqft
    Source: GSMAR, GSMMLS #305769 Report a problem
    6/20/2025Price change$464,500-2.1%$387/sqft
    Source: GSMAR, GSMMLS #305769 Report a problem
    5/15/2025Price change$474,500-4.9%$395/sqft
    Source: GSMAR, GSMMLS #305769 Report a problem
    4/4/2025Listed for sale$499,000+152%$416/sqft
    Source: GSMAR, GSMMLS #305769 Report a problem
    2/25/2019Sold$198,000-2.9%$165/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3511819 Report a problem
    1/27/2019Pending sale$204,000$170/sqft
    Source: SUMMIT REAL ESTATE, LLC #215999 Report a problem
    1/18/2019Listed for sale$204,000$170/sqft
    Source: SUMMIT REAL ESTATE, LLC #215999 Report a problem
    1/11/2019Pending sale$204,000$170/sqft
    Source: SUMMIT REAL ESTATE, LLC #215999 Report a problem
    8/3/2018Price change$204,000+4.6%$170/sqft
    Source: SUMMIT REAL ESTATE, LLC #215999 Report a problem
    5/3/2018Listed for sale$195,000$163/sqft
    Source: SUMMIT REAL ESTATE, LLC #215999 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,477 $89,760
    2023$1,477 +60%$89,760 +60%
    2022$923 $56,100
    2021-- $56,100 +42.6%
    2020$811 +10.8%$39,350
    2019$732 -9.7%$39,350
    2018$811 0%$39,350
    2017$811 $39,350
    2016$811 $39,350 -13%
    2015-- $45,225 0%
    2014$828 $45,231
    2013$828 $45,231
    2012$828 $45,231
    2011$828 $45,231
    2010-- $45,231 -9.6%
    2009$833 +233.7%$50,050 +233.7%
    2008$250 $15,000
    2007$250 +13.7%$15,000
    2006$220 -17.9%$15,000
    2005$268 +20%$15,000 +20%
    2004$223 $12,500
    Find assessor info on the county website

    Neighborhood: 37862

    Nearby schools

    GreatSchools rating
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