71 Laurel Creek Way
Blue Ridge, GA 30513
$999,999
3 bd · 2.5 ba · 2,864 sqft · Listed 16d ago
View on Realtor.com →Year built
2021
Sqft
2,864
Lot sqft
69,260
HOA / mo
None
Furnished
Yes
List date
2026-09-11T15:42:42.000000Z
Revenue
Annual revenue
$32,690
ADR
$226
Occupancy
40%
Cleaning fees (12 mo)
$6,434
Confidence
Low (43.97), 24 comps
Comp revenue range (p25 / median / p75)
Honey Bear Lodge Want to enjoy a peaceful mountain getaway with spa-style accommodations and a grand kitchen? Then, Honey Bear Lodge is the place for you!
Vacation home · 3 bd · 3 ba · sleeps 8 · 0.2 mi
Revenue $18,264ADR $372Occ ≈ 13%—
"Meant To B" the perfect relaxing cabin.
Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.2 mi
Revenue $13,434ADR $427Occ ≈ 9%5★ (134)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Moonlight Mountain Cabin - Great views + hot tub! Cabin | 3 bd · 3.5 ba · sleeps 6 | $26,881 | $274 | 27% | 4.6★ (15) | 82 ft | AirbnbVrboBooking |
Crocket Trails Cabin | 3 bd · 3 ba · sleeps 7 | $20,600 | $310 | 18% | 4.7★ (74) | 217 ft | AirbnbVrboBooking |
Honey Bear Lodge enjoy a peaceful mountain home. Cabin | 3 bd · 3.5 ba · sleeps 8 | $18,608 | $376 | 14% | 5★ (1) | 486 ft | AirbnbVrbo |
Whiskey Ridge- MTN Views, Outdoor Living, HotTub Cabin | 3 bd · 3.5 ba · sleeps 6 | $55,177 | $361 | 42% | 4.8★ (4) | 0.1 mi | AirbnbVrbo |
Honey Bear Lodge- Close to Town, Sauna, Pizza Oven Cabin | 3 bd · 3.5 ba · sleeps 8 | $73,919 | $344 | 59% | 5★ (6) | 0.1 mi | AirbnbVrboBooking |
Honey Bear Lodge Want to enjoy a peaceful mountain getaway with spa-style accommodations and a grand kitchen? Then, Honey Bear Lodge is the place for you! Vacation home | 3 bd · 3 ba · sleeps 8 | $18,264 | $372 | 13% | — | 0.2 mi | Booking |
"Meant To B" the perfect relaxing cabin. Cabin | 3 bd · 3.5 ba · sleeps 6 | $13,434 | $427 | 9% | 5★ (134) | 0.2 mi | Airbnb |
Crocket Mountain Lodge Cabin | 3 bd · 3.5 ba · sleeps 8 | $18,072 | $333 | 15% | 4.7★ (49) | 0.2 mi | AirbnbVrboBooking |
Panoramic Sunset Views, Luxurious, Hot Tub! Cabin | 3 bd · 3 ba · sleeps 6 | $34,880 | $310 | 31% | 5★ (140) | 0.2 mi | AirbnbVrbo |
Secluded 3BR Mountainview | Hot Tub | Firepit House | 3 bd · 3.5 ba · sleeps 8 | $36,332 | $282 | 35% | 4.8★ (69) | 0.3 mi | AirbnbBooking |
Show all 24 comps
Crockett Mountain Lodge
Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.3 mi
Revenue $40,404ADR $241Occ ≈ 46%—
Near Hiking & Dtwn Blue Ridge! Forest Sanctuary
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $10,405ADR $153Occ ≈ 19%3★ (1)
Mel's Cabin - Reset and relax!
Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $3,413ADR $257Occ ≈ 4%5★ (0)
Blue Ridge Vibes @ Laurel Ridge
Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.7 mi
Revenue $21,459ADR $277Occ ≈ 21%5★ (14)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Crockett Mountain Lodge Cabin | 3 bd · 3.5 ba · sleeps 6 | $40,404 | $241 | 46% | — | 0.3 mi | Airbnb |
Near Hiking & Dtwn Blue Ridge! Forest Sanctuary Vacation home | 3 bd · 2 ba · sleeps 6 | $10,405 | $153 | 19% | 3★ (1) | 0.4 mi | Booking |
Private Mountain Retreat - 5 Minutes to Blue Ridge Cabin | 3 bd · 2 ba · sleeps 6 | $11,776 | $181 | 18% | 4.7★ (93) | 0.4 mi | AirbnbVrbo |
Luxury cabin overlooking the creek with privacy Cabin | 3 bd · 2 ba · sleeps 6 | $42,805 | $206 | 57% | 4.7★ (176) | 0.4 mi | AirbnbVrboBooking |
Laurel Escape - pet, hiker & family friendly cabin Cabin | 3 bd · 2 ba · sleeps 6 | $51,978 | $161 | 88% | 5★ (110) | 0.5 mi | AirbnbVrbo |
Mel's Cabin - Reset and relax! Cabin | 3 bd · 2 ba · sleeps 6 | $17,919 | $175 | 28% | 4.8★ (103) | 0.5 mi | AirbnbVrboBooking |
Mel's Cabin - Reset and relax! Cabin | 3 bd · 2 ba · sleeps 6 | $3,413 | $257 | 4% | 5★ (0) | 0.5 mi | Vrbo |
Castle Creek - Nearby creek, & cozy hot tub! Cabin | 3 bd · 3 ba · sleeps 7 | $42,060 | $252 | 46% | 4.8★ (106) | 0.5 mi | AirbnbVrboBooking |
All About the View- Pet Friendly, 180 Degree View Cabin | 3 bd · 3.5 ba · sleeps 6 | $44,748 | $340 | 36% | 4.5★ (21) | 0.5 mi | AirbnbVrboBooking |
Rustic, premium cabin for solace and nature Cabin | 3 bd · 2.5 ba · sleeps 7 | $24,908 | $201 | 34% | 5★ (112) | 0.5 mi | AirbnbVrbo |
Genuine Log Cabin, Long Range Mntn. Views, 4 Acres Cabin | 3 bd · 2 ba · sleeps 6 | $56,948 | $183 | 85% | 4.9★ (544) | 0.5 mi | AirbnbVrbo |
Antler Ridge Hideaway House | 3 bd · 3 ba · sleeps 8 | $40,990 | $231 | 49% | 4.8★ (426) | 0.6 mi | AirbnbVrboBooking |
Blue Ridge Vibes @ Laurel Ridge Cabin | 3 bd · 2.5 ba · sleeps 6 | $21,459 | $277 | 21% | 5★ (14) | 0.7 mi | Airbnb |
Laurel Mountain Chalet Cabin | 3 bd · 2 ba · sleeps 6 | $23,708 | $241 | 27% | 4.8★ (67) | 0.7 mi | AirbnbVrboBooking |
Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.
Cash flow calculator
Rate 7.78% = 7.03% Freddie Mac 30-yr avg (Sep 24) + 0.75% investor premium
Est. revenue
$32,690
NOI
$3,828
Cash flow /mo
-$5,070
Cash needed
$290,000
Cash-on-cash
-21.0%
ROE (yr 1)
-8.4%
Cap rate
0.4%
DSCR
0.06
Year-1 write-off
$168,622
Year-1 tax shield @ 32%
$53,959
Year-1 return on equity
- Cash flow (annual)-$60,836
- Principal paydown$6,544
- Appreciation at%$30,000
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$6,538
- Platform fees (3% of revenue)$981
- Maintenance / capex (5% of revenue)$1,635
- Utilities & supplies$4,200
- HOA$0
- Property tax$4,709
- Insurance (STR-rated)$10,800
Cash needed to close
- Down payment (25%)$250,000
- Closing costs (4.0%)$40,000
- Furnishing (conveyed with the sale)$0
Tax savings if the STR loophole applies
- Tax shield @ 32%$53,959
Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).
The write-off comes from the cost segregation estimate below. Not tax advice.
Cost segregation estimate
An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.
Depreciable basis
$831,000
Short-life (5/15-yr)
$166,000 · 20%
Year-1 deduction
$169,000
Year-1 tax shield @ 32%
$54,000
Land 17% (county tax record, market value split) · building $665,000 over 39 years
Based on: 2,864 sq ft, built 2021, 3 bd / 2.5 ba, furnished, listing features (deck, game room, fireplace, flooring types, appliance list, septic).
IRS-guide safe-harbor floor: $89,000 in year 1 (10% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $16,400
Kitchen cabinetsdefault
$12,100 new × 80% good × 1.70 allocation
- $13,500
Kitchen countertopsdefault
$9,900 new × 80% good × 1.70 allocation
- $6,800
Decorative trimdefault
$5,000 new × 80% good × 1.70 allocation
- $300
Mirrorsdefault
$300 new × 58% good × 1.70 allocation
- $1,600
Shelvingdefault
$1,200 new × 80% good × 1.70 allocation
- $6,200
Window coverings (29)default
$7,300 new × 50% good × 1.70 allocation
- $6,100
Carpet, vinyl & laminate (33% of floors)listing
$6,100 new × 58% good × 1.70 allocation
- $14,400
Kitchen & laundry equipment plumbingdefault
$9,400 new × 90% good × 1.70 allocation
- $8,700
Kitchen, laundry & data equipment electricaldefault
$5,700 new × 90% good × 1.70 allocation
- $7,600
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 58% good × 1.70 allocation
- $7,800
Furniture conveyed with the sale (used)listing
$19,500 new × 40% good · out of the price
- $2,400
Game-room equipment (used)listing
$6,000 new × 40% good · out of the price
- $15,100
Paving: driveway & walks (paved)listing
$11,100 new × 80% good × 1.70 allocation
- $14,500
Landscaping (typical)default
$10,700 new × 80% good × 1.70 allocation
- $3,900
Patiosdefault
$2,800 new × 80% good × 1.70 allocation
- $41,100
Decks & porches (attached)listing
$32,200 new × 75% good × 1.70 allocation
- $485,900
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$311,400 new × 92% good × 1.70 allocation
- $49,500
Building plumbing & fixturesdefault
$32,300 new × 90% good × 1.70 allocation
- $51,400
Building electrical & lightingdefault
$33,600 new × 90% good × 1.70 allocation
- $41,200
HVACdefault
$32,300 new × 75% good × 1.70 allocation
- $16,700
Hardwood & tile floorsdefault
$12,300 new × 80% good × 1.70 allocation
- $3,600
Fireplacelisting
$2,600 new × 80% good × 1.70 allocation
- $16,300
Septic systemlisting
$12,000 new × 80% good × 1.70 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $91,900 | $74,600 | $2,100 | $168,600 |
| 2 | $0 | $0 | $17,000 | $17,000 |
| 3 | $0 | $0 | $17,000 | $17,000 |
| 4 | $0 | $0 | $17,000 | $17,000 |
| 5 | $0 | $0 | $17,000 | $17,000 |
| 6+ | $0 | $0 | $594,300 | $594,300 |
| Total | $91,900 | $74,600 | $664,600 | $831,100 |
Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: Georgia disallows bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
Fannin and Gilmer counties require STR registration and lodging tax; no cap found. Blue Ridge and Ellijay city limits have their own rules; most cabins are in unincorporated county.