3406 Merlin Way
Pigeon Forge, TN 37862
- 1 bed
- 2 baths
- 1,200 sqft
- 435 sqft lot
- $416 per sqft
- 2008 build
- – on site
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 self-managed owners and VERY clean. Guests LOVE the serene pond views, total privacy (sits on a dead-end street), and unbeatable location just minutes from Dollywood, The Island, 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 cozy, picture-perfect escape getting consistent 5-star reviews and repeat visitors. The indoor stone hot tub is a rare and unique feature, and the covered back deck overlooking the pond is a guest favorite. Rare opportunity for buyer to inherit the current rental listing and all of it's great ratings and assets! This cabin comes turnkey with all furniture and appliances 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 today before it's gone!
Last checked:
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Last updated Feb 21, 2025
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MLS# 1290695 —
The Building
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Year Built:2008
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New Construction:No
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Construction Materials:Stucco, Stone, Log, Block, Frame
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Architectural Style:Cabin
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Direction Faces:None
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Roof:None
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Stories:None
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Stories Total:None
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Basement:Crawl Space
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Exterior Features:Porch - Covered, Balcony
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Patio And Porch Features:Deck
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Accessibility Features:None
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Building Area Total:1200.0
Interior
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Interior Features:Cathedral Ceiling(s)
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Flooring:Hardwood
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Fireplace:No
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Fireplaces Total:1
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Fireplace Features:Gas Log
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Levels:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Lease Term:None
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Possession:None
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Tenant Pays:None
Location
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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''
The Property
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Parcel Number:093D H 001.00
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Property Type:Single Family
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Property Subtype:Single Family Residence
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Lot Features:Waterfront, Private, Pond on Lot, Lakefront, Wooded
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Lot Size Area:0.01
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Lot Size Acres:0.01
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Lot Size SqFt:435.6
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Lot Size Units:Acres
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Lot Size Source:Tax Records
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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Waterfront:No
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Water Body Name:None
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Frontage Type:Lakefront
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Road Frontage Type:None
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Property Attached:true
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Annual Amount:1783.4
Beds
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Bedrooms Total:1
Baths
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Total Baths:1.5
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Total Baths:2
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Three Quarter Baths:None
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Full Baths:1
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Half Baths:1
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Central, Natural Gas, Electric
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Electric:None
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
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Microwave:true
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Dishwasher:true
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Refrigerator:true
Schools
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Elementary School:None
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:Eagles Ridge North
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Park Name:None
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Senior Community:No
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Pool Private:No
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Pool Features:None
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Spa Features:None
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View:Wooded, Lake
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Pets Allowed:None
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Association:true
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Association Fee:276.0
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Association Fee Includes:Grounds Maintenance
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Association Fee Frequency:Quarterly
Parking
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Attached Garage:false
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Parking Features:On Street, Designated Parking
Monthly cost estimate
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Asking price
$500,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,677
|
Taxes | $148 |
Insurance | $137 |
Utilities | $110 See report |
Total | $3,072/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/21/25
Feb 21, 2025
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Listed / Active | KAARMLS | $500,000 |