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12 Dream Catcher

12 Dream Catcher

Blue Ridge, GA 30513

$895,000

3 bd · 3 ba · 2,660 sqft · Listed 13d ago

View on Realtor.com →
Low confidence

Year built

2019

Sqft

2,660

Lot sqft

49,223

HOA / mo

None

Furnished

Yes

List date

2026-09-14T15:16:12.000000Z

Revenue

Annual revenue

$53,676

ADR

$297

Occupancy

50%

Cleaning fees (12 mo)

$11,119

Confidence

Low (32.88), 50 comps

Comp revenue range (p25 / median / p75)

$18,845$36,226$58,726
  • Mountain Dream’n- modern, dog friendly, hot tub

    House · 3 bd · 2.5 ba · sleeps 8 · 295 ft

    Revenue $123,996ADR $408Occ ≈ 83%5★ (41)

    AirbnbVrbo

  • All Decked Out- Screened Porch | Outdoor Fireplace | Luxurious Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi

    Revenue $50,086ADR $466Occ ≈ 29%4.7★ (20)

    AirbnbVrboBooking

  • Modern Mountain Cabin w/ Games & Outdoor Living

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $44,618ADR $339Occ ≈ 36%5★ (44)

    AirbnbVrbo

  • Mountain Solace- Pets OK, Arcade Games, Hot Tub

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.2 mi

    Revenue $63,764ADR $399Occ ≈ 44%5★ (10)

    AirbnbVrbo

  • Bigfoot's Hideout - Treehouse, Arcade, Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $12,399ADR $326Occ ≈ 10%4.2★ (6)

    AirbnbVrbo

  • Bigfoot's Hideout

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $10,375ADR $408Occ ≈ 7%—

    Booking

  • Family Mountain Retreat | Hot Tub, Games & Views

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $56,295ADR $265Occ ≈ 58%4.9★ (171)

    AirbnbVrbo

  • Picabo Cabin Getaway

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $4,138ADR $185Occ ≈ 6%4.5★ (164)

    AirbnbVrbo

  • Cherokee Dreamer`s Den | Blue Ridge, GA

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    Revenue $72,268ADR $347Occ ≈ 57%4.8★ (68)

    AirbnbVrbo

  • Dream Catcher - Blue Ridge, GA

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.2 mi

    Revenue $84,769ADR $365Occ ≈ 64%4.9★ (35)

    AirbnbVrboBooking

Show all 50 comps
  • A Point of View - Cozy, secluded, all paved roads

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.2 mi

    Revenue $76,715ADR $385Occ ≈ 55%5★ (168)

    AirbnbVrbo

  • Babbling Brook - 10 Minutes Downtown Blue Ridge

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.3 mi

    Revenue $59,723ADR $319Occ ≈ 51%4.7★ (37)

    AirbnbVrboBooking

  • Lofty Willow Lodge - Modern Mountain Home

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

    Revenue $1,514ADR $302Occ ≈ 1%—

    Airbnb

  • Tondelia- Master on Main, Indoor Hot Tub, Mtn View

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $35,686ADR $316Occ ≈ 31%4.7★ (13)

    AirbnbVrboBooking

  • Moonlight Creek Cabin- PRIVATE MOUNTAIN CABIN- 5 mins to Downtown Blue Ridge

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi

    Revenue $12,354ADR $295Occ ≈ 11%4.6★ (19)

    Vrbo

  • Hilltop Hideaway- EV Charger, HotTub, Game Room

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $74,511ADR $343Occ ≈ 60%5★ (21)

    AirbnbVrboBooking

  • Escape to Dream Catcher

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $51,109ADR $314Occ ≈ 45%4.8★ (8)

    AirbnbVrboBooking

  • Family Retreat - Sauna, Hot tub, Views, Game Rm

    House · 3 bd · 3 ba · sleeps 10 · 0.4 mi

    Revenue $85,631ADR $325Occ ≈ 72%4.9★ (80)

    AirbnbVrbo

  • Mountain View. Hot tub. Private

    Cabin · 3 bd · 2 ba · sleeps 4 · 0.4 mi

    Revenue $28,315ADR $244Occ ≈ 32%5★ (181)

    AirbnbVrbo

  • Lucille's Creekside Hideaway

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.4 mi

    Revenue $1,085ADR $217Occ ≈ 1%4.6★ (59)

    Airbnb

  • Family Oasis w/ Game Room & 2 Decks in Blue Ridge!

    Cabin · 3 bd · 3.5 ba · sleeps 4 · 0.4 mi

    Revenue $57,499ADR $274Occ ≈ 57%4.9★ (8)

    AirbnbVrboBooking

  • The Brantley Tranquil Escape

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $12,214ADR $278Occ ≈ 12%3.4★ (5)

    AirbnbVrbo

  • The Squirrel's Nest

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi

    Revenue $3,831ADR $180Occ ≈ 6%5★ (5)

    Airbnb

  • Creekside, family-friendly cabin w/ a private hot tub, game room, & firepit

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi

    Revenue $20,829ADR $221Occ ≈ 26%4.5★ (80)

    Vrbo

  • Blueberry Hill - S’mores & Soaks by Starlight

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $36,012ADR $329Occ ≈ 30%4.8★ (11)

    AirbnbVrboBooking

  • Hidden Moose Retreat

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $17,139ADR $177Occ ≈ 27%4.9★ (54)

    AirbnbVrbo

  • Serenity on The Mountain | Blue Ridge, GA

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi

    Revenue $30,302ADR $337Occ ≈ 25%4.5★ (34)

    AirbnbVrbo

  • Foxhollow - Great deal! Minutes to Blue Ridge!

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.5 mi

    Revenue $65,514ADR $310Occ ≈ 58%5★ (53)

    AirbnbVrbo

  • Mountain View Cabin w/ Hot Tub & Game Room

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.5 mi

    Revenue $57,596ADR $298Occ ≈ 53%4.7★ (124)

    AirbnbVrboBooking

  • Singing Pines- Mtn Views, Close to Town, Hot Tub

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.5 mi

    Revenue $36,439ADR $348Occ ≈ 29%4.2★ (5)

    AirbnbVrboBooking

  • Luxury cabin mins to downtown; sleeps 10

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.5 mi

    Revenue $23,067ADR $273Occ ≈ 23%4.8★ (243)

    AirbnbVrboBooking

  • Our Blue Heaven- Close to Town, Hot Tub, Billiards

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $78,287ADR $323Occ ≈ 66%5★ (74)

    AirbnbVrboBooking

  • A Beary Good Life

    Cabin · 3 bd · 3.5 ba · sleeps 6 · 0.6 mi

    Revenue $35,862ADR $281Occ ≈ 35%5★ (2)

    AirbnbBooking

  • Blue Ridge Cabin Retreat; Amongst The Clouds

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.6 mi

    Revenue $33,193ADR $221Occ ≈ 41%5★ (353)

    Airbnb

  • Tucked Away Cabin, Dog Friendly, Blue Ridge, Ga

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $30,661ADR $243Occ ≈ 35%5★ (117)

    AirbnbVrbo

  • Ken's Cabin Blue Ridge

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.6 mi

    Revenue $16,553ADR $295Occ ≈ 15%4.9★ (40)

    AirbnbVrboBooking

  • Luxury Cabin Minutes to DWTN Blue Ridge All Paved

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $21,428ADR $329Occ ≈ 18%4.8★ (157)

    AirbnbVrbo

  • Luxury Mountain View Cabin with Jacuzzi

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $59,103ADR $324Occ ≈ 50%5★ (139)

    AirbnbVrbo

  • Above & Beyond Lodge | Blue Ridge, Ga

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.6 mi

    Revenue $53,931ADR $409Occ ≈ 36%4.8★ (24)

    AirbnbVrbo

  • Rustic Comfort

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $22,421ADR $296Occ ≈ 21%5★ (161)

    AirbnbVrbo

  • Paddy`s Porch | Blue Ridge, GA

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.6 mi

    Revenue $18,183ADR $332Occ ≈ 15%4.6★ (9)

    AirbnbVrbo

  • Cabin in Blue Ridge with Hot Tub & Panoramic Views

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $75,970ADR $275Occ ≈ 76%5★ (188)

    AirbnbVrbo

  • ❤️ Calico Cabin Mtn Views! Hot tub, Firepit, pets!

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.7 mi

    Revenue $51,262ADR $284Occ ≈ 49%5★ (383)

    AirbnbVrbo

  • Designer Cabin • MTN Views • Hot-Tub • Mins to DT

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.7 mi

    Revenue $105,059ADR $381Occ ≈ 76%5★ (62)

    AirbnbVrbo

  • Hot Tub + Mtn Views: Peaceful Blue Ridge Retreat!

    House · 3 bd · 3.5 ba · sleeps 6 · 0.7 mi

    Revenue $13,526ADR $216Occ ≈ 17%5★ (137)

    AirbnbVrboBooking

  • Mountain Views | Fireplace Deck | Game Room

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.7 mi

    Revenue $51,727ADR $340Occ ≈ 42%5★ (31)

    AirbnbVrboBooking

  • Mountain Views Private Deck |5 min to Town|Games!

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $52,026ADR $269Occ ≈ 53%5★ (120)

    AirbnbVrbo

  • Beautiful 3 bedroom cabin with hot tub

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.7 mi

    Revenue $7,982ADR $349Occ ≈ 6%4.8★ (32)

    AirbnbVrbo

  • Lizard Lookout Cabin, Pets Welcome!

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $53,761ADR $244Occ ≈ 60%4.7★ (12)

    Booking

  • Pets Welcome · Hot Tub · Stargazing Deck · Firepit

    House · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $22,411ADR $224Occ ≈ 27%4.8★ (12)

    Airbnb

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

Est. revenue

$53,676

NOI

$21,745

Cash flow /mo

$1,812

Cash needed

$930,800

Cash-on-cash (all cash)

2.3%

ROE (yr 1)

5.2%

Cap rate

2.4%

DSCR

—

Year-1 write-off

$143,256

Year-1 tax shield @ 32%

$45,842

Year-1 return on equity

  • Cash flow (annual)$21,745
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$26,850
ROE5.2%
ROE incl. year-1 tax savings (32% bracket, STR loophole)10.1%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$10,735
  • Platform fees (3% of revenue)$1,610
  • Maintenance / capex (5% of revenue)$2,684
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$3,170
  • Insurance (STR-rated)$9,532

Cash needed to close

  • Purchase price (all cash)$895,000
  • Closing costs (4.0%)$35,800
  • Furnishing (conveyed with the sale)$0

Tax savings if the STR loophole applies

  • Tax shield @ 32%$45,842

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

$866,000

Short-life (5/15-yr)

$141,000 · 16%

Year-1 deduction

$143,000

Year-1 tax shield @ 32%

$46,000

Land 3% (county tax record, market value split) · building $725,000 over 39 years

Based on: 2,660 sq ft, built 2019, 3 bd / 3 ba, furnished, listing features (hot tub, game room, fireplace, flooring types, appliance list, septic).

IRS-guide safe-harbor floor: $99,000 in year 1 (11% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$101,900
  • Kitchen cabinetsdefault

    $11,600 new × 72% good × 2.08 allocation

    $17,500
  • Kitchen countertopsdefault

    $9,500 new × 72% good × 2.08 allocation

    $14,300
  • Decorative trimdefault

    $4,700 new × 72% good × 2.08 allocation

    $7,000
  • Mirrorsdefault

    $500 new × 42% good × 2.08 allocation

    $400
  • Shelvingdefault

    $1,200 new × 72% good × 2.08 allocation

    $1,800
  • Window coverings (27)default

    $6,800 new × 40% good × 2.08 allocation

    $5,600
  • Carpet, vinyl & laminate (33% of floors)listing

    $5,700 new × 42% good × 2.08 allocation

    $5,000
  • Kitchen & laundry equipment plumbingdefault

    $9,000 new × 86% good × 2.08 allocation

    $16,200
  • Kitchen, laundry & data equipment electricaldefault

    $5,500 new × 86% good × 2.08 allocation

    $9,800
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 42% good × 2.08 allocation

    $6,700
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.08 allocation

    $7,500
  • Furniture conveyed with the sale (used)listing

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

    $7,800
  • Game-room equipment (used)listing

    $6,000 new × 40% good · out of the price

    $2,400
15-year land improvements$39,000
  • Paving: driveway & walks (paved)default

    $10,700 new × 72% good × 2.08 allocation

    $16,100
  • Landscaping (typical)default

    $10,300 new × 72% good × 2.08 allocation

    $15,400
  • Patiosdefault

    $2,600 new × 72% good × 2.08 allocation

    $3,900
  • Decks & porches (attached)default

    $2,600 new × 65% good × 2.08 allocation

    $3,600
Building, 39-year$725,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $289,000 new × 88% good × 2.08 allocation

    $532,200
  • Building plumbing & fixturesdefault

    $30,000 new × 86% good × 2.08 allocation

    $53,800
  • Building electrical & lightingdefault

    $31,000 new × 86% good × 2.08 allocation

    $55,600
  • HVACdefault

    $30,000 new × 65% good × 2.08 allocation

    $40,600
  • Hardwood & tile floorsdefault

    $11,400 new × 72% good × 2.08 allocation

    $17,100
  • Fireplaces (2)listing

    $5,300 new × 72% good × 2.08 allocation

    $7,900
  • Septic systemlisting

    $12,000 new × 72% good × 2.08 allocation

    $18,000

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$101,900$39,000$2,300$143,300
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$648,500$648,500
Total$101,900$39,000$725,200$866,100

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.