3406 Merlin Way, Pigeon Forge, TN 37862

$415,000
Property Type: Single Family Bedrooms: 1 Square Footage: 1,200 Lot Size (sq. ft.): 436 Status: Closed
Current Price: $415,000 List Date: 10/06/2025 Last Modified: 10/06/2025

Description

Storybook Cabin with PRIVATE POND view! Turnkey and cash flowing rental in one of the hottest STR markets in the country! This one prints money while offering an unforgettable guest experience that keeps bookings rolling in. Meticulously maintained by the owners and VERY clean. Guests LOVE the serene pond views with water fountain and a covered gazebo for your use. This cozy cabin has almost total privacy (sits on a dead-end street) and an unbeatable location just minutes from Dollywood, The Island, the outlet malls, the National Park, and all the top attractions of the Great Smoky Mountains. It's the kind of place that stands out in a crowded rental market—a homey, non-pet, picture-perfect escape maintaining a 4.75/5 Evolve, 4.76/AirBNB, 9/10 VRBO, and 9.6/10 Booking.com with many repeat guests. If you continue with Evolve Management, you will have access to all future bookings for the rest of 2025 and into 2026. This property has a new queen size sleeper sofa and loveseat (2023), a new hot tub cover (2024), and a new natural gas furnace (2024). The stone jacuzzi tub is a unique feature, as are the dual shower heads in upstairs bathroom, and the covered back deck overlooking the pond is a guest favorite. This property has all city utilities (water, sewer, electric, natural gas) and Xfinity for high-speed internet and TV. This is a rare opportunity for the buyer to inherit the current rental listing and all its great ratings and assets! This cabin comes turnkey with all furniture, appliances, linens, and owners closet with supplies conveying, with no rental restrictions. Whether you're looking for passive income, portfolio expansion, or a high-demand STR in a proven market, this is the one. It won't last long! Call Addison today before it's gone to schedule your tour!

More Information MLS# 1290695

Contract Info

Auction Y/N: No Listing Price: 455000 Current Price: $415,000 Status: Closed Listing Date: 2025-02-21

Location, Tax & Legal Info

Area: Sevier County - 27 Property Sub-Type: Residential City/County Code: City Limits Total Tax: 1783.4

General Property Description

Type: 2 Story # Bedrooms: 1 Acres: 0.01 Acre Source: Tax Records # of Rooms: 5 Restrictions: Yes Site Built: Yes Fireplace: Yes HOA Fee: 276 HOA Freq: Quarterly HOA Contact: 865-908-2644 Property Status: N/A SqFt - Main Lvl: 600 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 600 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: Mandatory Basement: No Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 1200 Baths - Full: 1 Baths - 1/2: 1 Year Built: 2008

Remarks & Misc

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. It will be the last cabin on the road. Cabin name is ''Lakeside Romance'' Public Remarks: Storybook Cabin with PRIVATE POND view! Turnkey and cash flowing rental in one of the hottest STR markets in the country! This one prints money while offering an unforgettable guest experience that keeps bookings rolling in. Meticulously maintained by the owners and VERY clean. Guests LOVE the serene pond views with water fountain and a covered gazebo for your use. This cozy cabin has almost total privacy (sits on a dead-end street) and an unbeatable location just minutes from Dollywood, The Island, the outlet malls, the National Park, and all the top attractions of the Great Smoky Mountains. It's the kind of place that stands out in a crowded rental market—a homey, non-pet, picture-perfect escape maintaining a 4.75/5 Evolve, 4.76/AirBNB, 9/10 VRBO, and 9.6/10 Booking.com with many repeat guests. If you continue with Evolve Management, you will have access to all future bookings for the rest of 2025 and into 2026. This property has a new queen size sleeper sofa and loveseat (2023), a new hot tub cover (2024), and a new natural gas furnace (2024). The stone jacuzzi tub is a unique feature, as are the dual shower heads in upstairs bathroom, and the covered back deck overlooking the pond is a guest favorite. This property has all city utilities (water, sewer, electric, natural gas) and Xfinity for high-speed internet and TV. This is a rare opportunity for the buyer to inherit the current rental listing and all its great ratings and assets! This cabin comes turnkey with all furniture, appliances, linens, and owners closet with supplies conveying, with no rental restrictions. Whether you're looking for passive income, portfolio expansion, or a high-demand STR in a proven market, this is the one. It won't last long! Call Addison today before it's gone to schedule your tour!

Atchd/Dtchd Type

Detached: 1

Style

Cabin: 1

Construction

Block: 1 Frame: 1 Log: 1

Siding

Log: 1 Stone: 1 Stucco: 1

Fireplace

Gas Log: 1

Cooling

Central Cooling: 1

Floors

Hardwood: 1

Garage/Parking

Designated Parking: 1 On-Street Parking: 1

Basement

Crawl Space: 1

Lot Description

Lake/Water Access: 1 Pond: 1 Private: 1 Waterfront: 1 Wooded: 1

Fuel

Electric: 1 Gas (Natural): 1

View

Lake View: 1 Lakefront: 1 Wooded: 1

Heat

Central: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Exterior Features

Balcony: 1 Deck: 1 Porch - Covered: 1

Misc Features

Cathedral Ceiling(s): 1 Hot Tub: 1 Internet Available: 1 Washer/Dryer Connect: 1

Sewer

Public Sewer: 1

Water

Public: 1

Association Fee Incl

Grounds Maintenance: 1

New Financing

Cash: 1 Conventional: 1 Exchange: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 3406 Street Name: Merlin St Suffix: Way State/Province: TN Zip Code: 37862 PIN #: 093D H 001.00 Subdivision: Eagles Ridge North Geo Lat: 35.797219 Geo Lon: -83.60466

Status Change Info

Status Change Date: 2025-08-22 Under Contract Date: 2025-07-15 Sold Date: 2025-08-21 Sold Price: $415,000

Property Features

Style: Cabin Construction: Block; Frame; Log Siding: Log; Stone; Stucco Basement: Crawl Space Lot Description: Lake/Water Access; Pond; Private; Waterfront; Wooded View: Lake View; Lakefront; Wooded Fireplace: Gas Log Floors: Hardwood Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Public Sewer Water: Public Misc Features: Cathedral Ceiling(s); Hot Tub; Internet Available; Washer/Dryer Connect Exterior Features: Balcony; Deck; Porch - Covered Association Fee Incl: Grounds Maintenance Showing: See Agent Instructns New Financing: Cash; Conventional; Exchange
Listing Office: Freedom Real Estate
IDX
Last Updated: October - 06 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.