360 Hope Dr

Blue Ridge, GA 30513

$989,900

4 bd · 4 ba · 3,144 sqft · Listed 1d ago

View on Realtor.com →

Low confidence

Year built

2017

Sqft

3,144

Lot sqft

55,321

HOA / mo

$63

Furnished

List date

2026-10-30T16:10:07.000000Z

Revenue

Annual revenue

$71,193

ADR

$435

Occupancy

45%

Cleaning fees (12 mo)

$11,161

Confidence

Low (26.53), 31 comps

Comp revenue range (p25 / median / p75)

$22,468$54,254$96,193

Median revenue of shown comps: $76,246

New luxury cabin w/River access, hot-tub, peaceful
Cabin · 4 bd · 3.5 ba · sleeps 11 · 410 ft
- Hot tub
- A/C
- Free parking
- Pets OK
- +6
Revenue $96,073ADR $337Occ ≈ 78%5★ (155)
Airbnb Vrbo
Privacy Peak- Mtn Views, Pool Table, King Beds
Cabin · 4 bd · 4 ba · sleeps 12 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $96,552ADR $621Occ ≈ 43%4.7★ (17)
Airbnb Vrbo
Luxury Lodge on Toccoa-Riverfront, HotTub, Firepit
Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $171,884ADR $817Occ ≈ 58%5★ (18)
Airbnb Vrbo
4 Leaf Clover - Huge Views, King Beds, Luxury!
House · 4 bd · 5 ba · sleeps 12 · 0.1 mi
Revenue $90,858ADR $582Occ ≈ 43%5★ (18)
Airbnb Booking
Whispering Woods Stay
Cabin · 4 bd · 4.5 ba · sleeps 10 · 0.1 mi
- Hot tub
- A/C
- Wifi
- Kitchen
- +2
Revenue $22,627ADR $327Occ ≈ 19%4.7★ (88)
Airbnb Vrbo Booking
Gorgeous home with wraparound deck, private hot tub, and full bar
Cabin · 4 bd · 4.5 ba · sleeps 10 · 0.2 mi
Revenue $44,693ADR $314Occ ≈ 39%4.9★ (31)
Delisted
Hope Haven Blue Ridge
Cabin · 4 bd · 5 ba · sleeps 12 · 0.2 mi
- Hot tub
- A/C
- Wifi
- Kitchen
- +3
Revenue $79,762ADR $625Occ ≈ 35%4.8★ (17)
Airbnb Vrbo Booking
Luxury Lodge on the Toccoa
Vacation home · 4 bd · 5 ba · sleeps 12 · 0.2 mi
Revenue $172,542ADR $770Occ ≈ 61%—
Booking
Near Toccoa River| Hot Tub+Game Room+Fireplaces
House · 4 bd · 5 ba · sleeps 10 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $21,114ADR $341Occ ≈ 17%4.9★ (8)
Airbnb Vrbo
Friends in High Places- Pets OK, 4 King Suites
Cabin · 4 bd · 5 ba · sleeps 10 · 0.2 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $101,125ADR $645Occ ≈ 43%5★ (13)
Airbnb Vrbo

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
New luxury cabin w/River access, hot-tub, peaceful Cabin Hot tub A/C Free parking Pets OK +6	4 bd · 3.5 ba · sleeps 11	$96,073	$337	78%	5★ (155)	410 ft	Airbnb Vrbo
Privacy Peak- Mtn Views, Pool Table, King Beds Cabin Hot tub A/C Free parking Wifi +4	4 bd · 4 ba · sleeps 12	$96,552	$621	43%	4.7★ (17)	0.1 mi	Airbnb Vrbo
Luxury Lodge on Toccoa-Riverfront, HotTub, Firepit Cabin Hot tub A/C Free parking Wifi +5	4 bd · 4.5 ba · sleeps 12	$171,884	$817	58%	5★ (18)	0.1 mi	Airbnb Vrbo
4 Leaf Clover - Huge Views, King Beds, Luxury! House	4 bd · 5 ba · sleeps 12	$90,858	$582	43%	5★ (18)	0.1 mi	Airbnb Booking
Whispering Woods Stay Cabin Hot tub A/C Wifi Kitchen +2	4 bd · 4.5 ba · sleeps 10	$22,627	$327	19%	4.7★ (88)	0.1 mi	Airbnb Vrbo Booking
Gorgeous home with wraparound deck, private hot tub, and full bar Cabin	4 bd · 4.5 ba · sleeps 10	$44,693	$314	39%	4.9★ (31)	0.2 mi	Delisted
Hope Haven Blue Ridge Cabin Hot tub A/C Wifi Kitchen +3	4 bd · 5 ba · sleeps 12	$79,762	$625	35%	4.8★ (17)	0.2 mi	Airbnb Vrbo Booking
Luxury Lodge on the Toccoa Vacation home	4 bd · 5 ba · sleeps 12	$172,542	$770	61%	—	0.2 mi	Booking
Near Toccoa River\| Hot Tub+Game Room+Fireplaces House Hot tub A/C Free parking Wifi +4	4 bd · 5 ba · sleeps 10	$21,114	$341	17%	4.9★ (8)	0.2 mi	Airbnb Vrbo
Friends in High Places- Pets OK, 4 King Suites Cabin Hot tub A/C Free parking Wifi +5	4 bd · 5 ba · sleeps 10	$101,125	$645	43%	5★ (13)	0.2 mi	Airbnb Vrbo

Show 8 more

Mountainside Retreat w/ Hot Tub & Panoramic Views
House · 4 bd · 4.5 ba · sleeps 12 · 0.2 mi
Revenue $98,513ADR $427Occ ≈ 63%4.8★ (121)
Airbnb
EZ Come EZ Geaux - Stunning Mtn Views - Hot Tub
House · 4 bd · 3.5 ba · sleeps 10 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $55,604ADR $433Occ ≈ 35%5★ (23)
Airbnb Vrbo Booking
Luxe | Swim, Sauna, Speakeasy Lounge & EV Charger
Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.3 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $55,915ADR $790Occ ≈ 19%5★ (15)
Airbnb Vrbo
New! Luxury Lodge | HotTub | Mtn Views | Game Room
Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +5
Revenue $111,907ADR $497Occ ≈ 62%4.8★ (18)
Airbnb Booking
Nature's Retreat rustic cabin nestled in the north Georgia mountains.
Cabin · 4 bd · 3 ba · sleeps 9 · 0.4 mi
Revenue $21,992ADR $225Occ ≈ 27%5★ (167)
Delisted
EZ Come EZ Geaux- Pet Friendly, HotTub, Fire Pit
House · 4 bd · 3.5 ba · sleeps 10 · 0.4 mi
Revenue $72,495ADR $622Occ ≈ 32%4.9★ (6)
Airbnb Booking
Vista Ridge- MTN Views, Hot Tub, Master on Main
Cabin · 4 bd · 3 ba · sleeps 12 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $44,527ADR $446Occ ≈ 27%4.8★ (18)
Airbnb Vrbo Booking
Rivers Edge Lodge
Cabin · 4 bd · 3.5 ba · sleeps 10 · 0.7 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +3
Revenue $72,729ADR $530Occ ≈ 38%4.8★ (100)
Airbnb Vrbo Booking

Listing	Size	Revenue (12 mo)	ADR	Occ ≈	Rating	Distance	Links
Mountainside Retreat w/ Hot Tub & Panoramic Views House	4 bd · 4.5 ba · sleeps 12	$98,513	$427	63%	4.8★ (121)	0.2 mi	Airbnb
EZ Come EZ Geaux - Stunning Mtn Views - Hot Tub House Hot tub A/C Free parking Pets OK +5	4 bd · 3.5 ba · sleeps 10	$55,604	$433	35%	5★ (23)	0.3 mi	Airbnb Vrbo Booking
Luxe \| Swim, Sauna, Speakeasy Lounge & EV Charger Cabin Hot tub Pool A/C Free parking +4	4 bd · 4.5 ba · sleeps 12	$55,915	$790	19%	5★ (15)	0.3 mi	Airbnb Vrbo
New! Luxury Lodge \| HotTub \| Mtn Views \| Game Room Cabin Hot tub A/C Free parking Wifi +5	4 bd · 4.5 ba · sleeps 12	$111,907	$497	62%	4.8★ (18)	0.3 mi	Airbnb Booking
Nature's Retreat rustic cabin nestled in the north Georgia mountains. Cabin	4 bd · 3 ba · sleeps 9	$21,992	$225	27%	5★ (167)	0.4 mi	Delisted
EZ Come EZ Geaux- Pet Friendly, HotTub, Fire Pit House	4 bd · 3.5 ba · sleeps 10	$72,495	$622	32%	4.9★ (6)	0.4 mi	Airbnb Booking
Vista Ridge- MTN Views, Hot Tub, Master on Main Cabin Hot tub A/C Free parking Wifi +4	4 bd · 3 ba · sleeps 12	$44,527	$446	27%	4.8★ (18)	0.5 mi	Airbnb Vrbo Booking
Rivers Edge Lodge Cabin Hot tub A/C Free parking Wifi +3	4 bd · 3.5 ba · sleeps 10	$72,729	$530	38%	4.8★ (100)	0.7 mi	Airbnb Vrbo Booking

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

Financing

Management

Purchase priceAlready furnishedTax bracketCount tax savings in returnsOnly if you can use the losses (STR loophole)

Est. revenue

$71,193

NOI

$32,947

Cash flow /mo

$2,746

Cash needed

$1,052,496

Cash-on-cash (all cash)

3.1%

ROE (yr 1)

6.0%

Cap rate

3.3%

DSCR

—

Year-1 write-off

$183,890

Year-1 tax shield @ 32%

$58,845

Year-1 return on equity

Cash flow (annual)$32,947
Principal paydown (n/a, cash)$0
Appreciation at%$29,697

ROE6.0%

Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.

Opex, cash-needed & tax-savings breakdown

Annual operating expenses

Management (20% of revenue)$14,239
Platform fees (3% of revenue)$2,136
Maintenance / capex (5% of revenue)$3,560
Utilities & supplies$4,200
HOA$756
Property tax$2,814
Insurance (STR-rated)$10,542

Cash needed to close

Purchase price (all cash)$989,900
Closing costs (4.0%)$39,596
Furnishing (bought new)$23,000

Tax savings if the STR loophole applies

Tax shield @ 32%$58,845

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

$885,000

Short-life (5/15-yr)

$160,000 · 18%

Year-1 deduction

$184,000

Year-1 tax shield @ 32%

$59,000

Land 11% (county tax record, market value split) · building $724,000 over 39 years · new furniture $23,000

Based on: 3,144 sq ft, built 2017, 4 bd / 4 ba, unfurnished, listing features (deck, patio, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $108,000 in year 1 (10% short-life, $35,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$104,300

Kitchen cabinetsdefault
$12,700 new × 64% good × 1.87 allocation
$15,100
Kitchen countertops (stone)listing
$13,000 new × 64% good × 1.87 allocation
$15,500
Decorative trimdefault
$5,500 new × 64% good × 1.87 allocation
$6,600
Mirrorsdefault
$600 new × 40% good × 1.87 allocation
$400
Shelvingdefault
$1,500 new × 64% good × 1.87 allocation
$1,800
Window coverings (31)default
$7,800 new × 40% good × 1.87 allocation
$5,800
Carpet, vinyl & laminate (50% of floors)listing
$10,100 new × 40% good × 1.87 allocation
$7,500
Kitchen & laundry equipment plumbingdefault
$9,900 new × 82% good × 1.87 allocation
$15,100
Kitchen, laundry & data equipment electricaldefault
$6,000 new × 82% good × 1.87 allocation
$9,100
Appliances (range, microwave, dishwasher, refrigerator)listing
$5,700 new × 40% good × 1.87 allocation
$4,300
Furniture bought newlisting
$23,000 new × 100% good · bought separately
$23,000

15-year land improvements$78,900

Paving: driveway & walks (paved)default
$11,600 new × 64% good × 1.87 allocation
$13,900
Landscaping (minimal)listing
$5,600 new × 64% good × 1.87 allocation
$6,700
Patioslisting
$14,100 new × 64% good × 1.87 allocation
$16,900
Decks & porches (attached)listing
$35,400 new × 55% good × 1.87 allocation
$36,300
Gazebo / pergolalisting
$5,000 new × 55% good × 1.87 allocation
$5,100

Building, 39-year$724,500

Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$341,400 new × 85% good × 1.87 allocation
$541,300
Building plumbing & fixturesdefault
$35,500 new × 82% good × 1.87 allocation
$54,200
Building electrical & lightingdefault
$37,100 new × 82% good × 1.87 allocation
$56,800
HVACdefault
$35,400 new × 55% good × 1.87 allocation
$36,300
Hardwood & tile floorsdefault
$10,100 new × 64% good × 1.87 allocation
$12,100
Fireplaces (3)listing
$7,900 new × 64% good × 1.87 allocation
$9,400
Septic systemlisting
$12,000 new × 64% good × 1.87 allocation
$14,300

About the property

Sold furnishedGame roomHot tubPoolDeckDrivewayLandscapingFencedIrrigationLong-term rental (27.5-yr)Carpet / vinyl / laminate %Placed in serviceClosing costs $ (adds to basis)Land %Bonus depreciation %

Depreciation schedule: typical cost seg study

Year	5-yr	15-yr	Building	Total
1	$104,300	$78,900	$800	$183,900
2	$0	$0	$18,600	$18,600
3	$0	$0	$18,600	$18,600
4	$0	$0	$18,600	$18,600
5	$0	$0	$18,600	$18,600
6+	$0	$0	$649,400	$649,400
Total	$104,300	$78,900	$724,500	$907,600

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: California, Georgia and Wisconsin disallow 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.