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546 Stillhouse Creek Dr

546 Stillhouse Creek Dr

Ellijay, GA 30540

$599,000

3 bd · 3 ba · 2,514 sqft · Listed 62d ago

View on Realtor.com →

Year built

2006

Sqft

2,514

Lot sqft

107,593

HOA / mo

None

Furnished

Yes

List date

2026-09-11T12:53:57.000000Z

Revenue

Annual revenue

$32,830

ADR

$172

Occupancy

52%

Cleaning fees (12 mo)

$7,806

Confidence

Low (45.88), 12 comps

Comp revenue range (p25 / median / p75)

$21,121$34,372$47,719

Few similar-size comps were found, so all comps are shown.

Median revenue of shown comps: $34,372

  • Private Oasis, Family & Pet Friendly, Bordering National Forest and Trails.

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    • A/C
    • Pets OK
    • Wifi
    • Washer

    Revenue $1,265ADR $180Occ ≈ 2%—

    Vrbo

  • Bungalow+RV/10 acres/Stream

    House · 2 bd · 2 ba · sleeps 6 · 0.9 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $21,259ADR $138Occ ≈ 42%5★ (42)

    AirbnbVrbo

  • Custom-Built Luxury Cabin w/ Tesla Charger!

    Cabin · 4 bd · 3 ba · sleeps 10 · 1.0 mi

    • Hot tub
    • A/C
    • Wifi
    • Kitchen
    • +3

    Revenue $48,680ADR $293Occ ≈ 46%4.7★ (73)

    AirbnbVrboBooking

  • Pinhoti Lodge Cabin with hot tub in the mountains

    House · 3 bd · 2 ba · sleeps 6 · 1.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $47,398ADR $167Occ ≈ 78%4.9★ (78)

    AirbnbVrbo

  • Magical Forest Lodge-HotTub-Pool Table-Creek

    Cabin · 3 bd · 2 ba · sleeps 6 · 1.4 mi

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +5

    Revenue $65,575ADR $235Occ ≈ 76%4.8★ (194)

    AirbnbVrbo

  • A Lure on Bear Creek | Trout Fishing Trail Access

    Cabin · 2 bd · 2 ba · sleeps 4 · 1.4 mi

    • A/C
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $37,378ADR $258Occ ≈ 40%5★ (10)

    AirbnbVrbo

  • sleeps 8+ Fire Pit -15 min Ellijay

    Cabin · 4 bd · 2 ba · sleeps 8 · 1.7 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +3

    Revenue $37,356ADR $201Occ ≈ 51%4.9★ (30)

    AirbnbVrbo

  • Fairytale SQUIRREL'S NEST cabin at Mulberry Gap in Ellijay!

    Cabin · 2 bd · 2 ba · sleeps 6 · 1.8 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $23,806ADR $314Occ ≈ 21%3.5★ (2)

    Vrbo

  • C Hike/Ride the Trailsfrom a Mulberry Gap CABIN!

    Nature lodge · 2 bd · 2 ba · sleeps 5 · 1.9 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +1

    Revenue $16,486ADR $213Occ ≈ 21%5★ (1)

    Airbnb

  • Charming 2-bedroom POND NOOK cabin at Mulberry Gap with AC, WiFi, & Kitchenette!

    Cabin · 2 bd · 2 ba · sleeps 5 · 2.0 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $20,707ADR $208Occ ≈ 27%5★ (1)

    Vrbo

Show 2 more

  • Secluded 2Bd/2Bth-Fire pit - Dogs Allowed

    Cabin · 2 bd · 2 ba · sleeps 4 · 2.0 mi

    Revenue $31,388ADR $154Occ ≈ 56%4.5★ (21)

    AirbnbBooking

  • Creekside Storie - Waterfalls Hike Bike Hot Tub

    House · 3 bd · 3 ba · sleeps 6 · 2.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +6

    Revenue $55,397ADR $204Occ ≈ 74%5★ (106)

    AirbnbVrbo

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

Est. revenue

$32,830

NOI

$12,277

Cash flow /mo

$1,023

Cash needed

$622,960

Cash-on-cash (all cash)

2.0%

ROE (yr 1)

4.9%

Cap rate

2.0%

DSCR

—

Year-1 write-off

$110,402

Year-1 tax shield @ 32%

$35,329

Year-1 return on equity

  • Cash flow (annual)$12,277
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$17,970
ROE4.9%

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)$6,566
  • Platform fees (3% of revenue)$985
  • Maintenance / capex (5% of revenue)$1,642
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$691
  • Insurance (STR-rated)$6,469

Cash needed to close

  • Purchase price (all cash)$599,000
  • Closing costs (4.0%)$23,960
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$35,329

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

$551,000

Short-life (5/15-yr)

$109,000 · 20%

Year-1 deduction

$110,000

Year-1 tax shield @ 32%

$35,000

Land 8% (county tax record, market value split) · building $442,000 over 39 years

Based on: 2,514 sq ft, built 2006, 3 bd / 3 ba, furnished, listing features (deck, fence, fireplace, flooring types, appliance list, septic).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $65,000 in year 1 (11% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$56,300

  • Kitchen cabinetsdefault

    $11,300 new × 40% good × 1.84 allocation

    $8,300

  • Kitchen countertopsdefault

    $9,300 new × 40% good × 1.84 allocation

    $6,800

  • Decorative trimdefault

    $4,400 new × 40% good × 1.84 allocation

    $3,200

  • Mirrorsdefault

    $500 new × 40% good × 1.84 allocation

    $300

  • Shelvingdefault

    $1,200 new × 40% good × 1.84 allocation

    $900

  • Window coverings (25)default

    $6,300 new × 40% good × 1.84 allocation

    $4,600

  • Carpet, vinyl & laminate (25% of floors)listing

    $4,000 new × 40% good × 1.84 allocation

    $3,000

  • Kitchen & laundry equipment plumbingdefault

    $8,800 new × 60% good × 1.84 allocation

    $9,700

  • Kitchen, laundry & data equipment electricaldefault

    $5,300 new × 60% good × 1.84 allocation

    $5,900

  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 1.84 allocation

    $5,700

  • Furniture conveyed with the sale (used)listing

    $19,500 new × 40% good · out of the price

    $7,800
15-year land improvements$52,700

  • Paving: driveway & walks (paved)default

    $10,400 new × 50% good × 1.84 allocation

    $9,600

  • Landscaping (typical)default

    $10,000 new × 50% good × 1.84 allocation

    $9,200

  • Patiosdefault

    $2,500 new × 50% good × 1.84 allocation

    $2,300

  • Decks & porches (attached)listing

    $28,300 new × 50% good × 1.84 allocation

    $26,100

  • Fencinglisting

    $6,000 new × 50% good × 1.84 allocation

    $5,500
Building, 39-year$441,900

  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $273,000 new × 67% good × 1.84 allocation

    $335,500

  • Building plumbing & fixturesdefault

    $28,300 new × 60% good × 1.84 allocation

    $31,300

  • Building electrical & lightingdefault

    $29,100 new × 60% good × 1.84 allocation

    $32,200

  • HVACdefault

    $28,300 new × 40% good × 1.84 allocation

    $20,900

  • Hardwood & tile floorsdefault

    $12,100 new × 40% good × 1.84 allocation

    $8,900

  • Fireplacelisting

    $2,600 new × 40% good × 1.84 allocation

    $1,900

  • Septic systemlisting

    $12,000 new × 50% good × 1.84 allocation

    $11,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$56,300$52,700$1,400$110,400
2$0$0$11,300$11,300
3$0$0$11,300$11,300
4$0$0$11,300$11,300
5$0$0$11,300$11,300
6+$0$0$395,200$395,200
Total$56,300$52,700$441,900$550,900

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.