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3209 Cristobal Way

3209 Cristobal Way

Sevierville, TN 37862

$579,000

3 bd · 2 ba · 1,200 sqft · Listed 1d ago

View on Realtor.com →

Year built

2003

Sqft

1,200

Lot sqft

74,488

HOA / mo

None

Furnished

No

List date

2026-10-16T23:24:24.000000Z

Revenue

Annual revenue

$50,058

ADR

$227

Occupancy

60%

Cleaning fees (12 mo)

$9,329

Confidence

Low (46.29), 50 comps

Comp revenue range (p25 / median / p75)

$32,181$52,670$72,223

Median revenue of shown comps: $52,874

  • Tennessee Risky -Secluded, Hot Tub, WIFI, Creek

    Cabin · 3 bd · 2 ba · sleeps 6 · 138 ft

    Revenue $12,576ADR $326Occ ≈ 11%—

    Airbnb

  • Tennessee Risky Secluded 3BR Cabin Near Pigeon Forge w Hot Tub & Creek

    Chalet · 3 bd · 2 ba · sleeps 6 · 138 ft

    Revenue $25,139ADR $262Occ ≈ 26%—

    Booking

  • Spacious Cabin | 5 miles to Pigeon Forge

    Cabin · 3 bd · 2 ba · sleeps 6 · 308 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $7,084ADR $271Occ ≈ 7%—

    AirbnbVrboBooking

  • NEW Luxury Cabin w/ VIEWS! Hot Tub & Fire Pit

    Cabin · 3 bd · 2.5 ba · sleeps 9 · 322 ft

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $89,747ADR $323Occ ≈ 76%4.9★ (263)

    AirbnbVrbo

  • Tennessee Risky: Free Attraction Tickets,Hot tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 433 ft

    Revenue $9,359ADR $406Occ ≈ 6%—

    AirbnbBooking

  • Luxurious 3BD Lodge w/ Firepit + HOT TUB + VIEWS!

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 449 ft

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $75,924ADR $311Occ ≈ 67%4.8★ (205)

    AirbnbVrbo

  • Tennessee Risky: Free Attraction Tickets,Hot tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 518 ft

    Revenue $5,717ADR $363Occ ≈ 4%3★ (2)

    Airbnb

  • Amazing Mountain View, Hot Tub, Game Room!

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $63,297ADR $349Occ ≈ 50%4.8★ (59)

    AirbnbVrboBooking

  • Breathtaking Cabin with Hot-tub, Fireplace and Games in Sevierville, Tennessee

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $12,672ADR $517Occ ≈ 7%—

    Delisted

  • Breathtaking Cabin with Hot-tub, Fireplace and Games in Sevierville, Tennessee

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $53,942ADR $304Occ ≈ 49%—

    Booking

Show 30 more
  • Lakeside Cabin w/ Hot Tub Near Dollywood & Trails

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

    Revenue $79,499ADR $357Occ ≈ 61%2.8★ (5)

    Airbnb

  • Sweet Bees Lodge, Private&Serene

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $11,393ADR $310Occ ≈ 10%4.9★ (22)

    Airbnb

  • Honey Bear Retreat by Venture Smoky Mountains

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

    Revenue $51,086ADR $234Occ ≈ 60%—

    Booking

  • Fishing Frenzy Funhouse, On the lake, Hot Tub

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

    Revenue $27,169ADR $317Occ ≈ 23%—

    Airbnb

  • Lakeside Cabin w Hot Tub Fireplace Near Dollywood Trails Smoky Shores Retreat by AvantStay

    Vacation home · 3 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $22,972ADR $204Occ ≈ 31%3.5★ (1)

    Booking

  • Fishing Frenzy Funhouse: Hot Tub/Lakefront Fishing

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi

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

    Revenue $40,666ADR $219Occ ≈ 51%4.5★ (30)

    AirbnbBooking

  • Peaceful Pondside Getaway! Theatre! Fishing Pond!

    Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.2 mi

    Revenue $54,169ADR $267Occ ≈ 56%4.8★ (24)

    Airbnb

  • Fishing Frenzy Funhouse 🐟

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.2 mi

    Revenue $47,305ADR $177Occ ≈ 73%4.7★ (331)

    Airbnb

  • NEW~Indoor Pool Cabin+Hot Tub+Arcade+Sauna+Theater

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

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $124,983ADR $487Occ ≈ 70%5★ (196)

    AirbnbVrbo

  • Private Indoor Pool Retreat! Hot Tub+Kings+Games!

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

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +7

    Revenue $68,766ADR $377Occ ≈ 50%5★ (139)

    AirbnbVrboBooking

  • Heated indoor pool | Hot tub | Game Room

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

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $71,117ADR $476Occ ≈ 41%5★ (2)

    AirbnbVrboBooking

  • Creekside Cabin • Game Room • Hot Tub • Sleep 7

    Cabin · 3 bd · 2 ba · sleeps 7 · 0.3 mi

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

    Revenue $51,152ADR $290Occ ≈ 48%2★ (2)

    AirbnbVrbo

  • Bear Retreat - Main Level Living- Deluxe Game Room

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

    • Hot tub
    • Pool
    • A/C
    • Wifi
    • +4

    Revenue $42,029ADR $264Occ ≈ 44%4.9★ (33)

    AirbnbVrbo

  • Bear Retreat

    Chalet · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $48,539ADR $276Occ ≈ 48%4★ (1)

    Booking

  • Mountain View Hot Tub Easy access Free Attractions

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.3 mi

    • Hot tub
    • Pool
    • A/C
    • Wifi
    • +5

    Revenue $98,666ADR $410Occ ≈ 66%4.8★ (33)

    AirbnbVrbo

  • *Gorgeous 3BD Cabin w/ POOL! Hot Tub + VIEWS!*

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

    Revenue $96,646ADR $384Occ ≈ 69%4.9★ (63)

    Airbnb

  • Dogwood Acre} Air Hockey Table / WiFi / Grill

    Cabin · 3 bd · 2.5 ba · sleeps 9 · 0.3 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +1

    Revenue $23,130ADR $224Occ ≈ 28%4.9★ (28)

    AirbnbVrbo

  • Charming Cabin in the Smokies

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

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

    Revenue $70,128ADR $275Occ ≈ 70%4.9★ (59)

    AirbnbVrbo

  • Mountain Adventure by American Patriot Getaways

    Vacation home · 3 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $92,587ADR $303Occ ≈ 84%—

    Booking

  • Gatlinburg/Pigeon Forge 7 miles to Parkway !

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

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +6

    Revenue $51,805ADR $318Occ ≈ 45%4.8★ (118)

    Airbnb

  • Amazing Views! Hot Tub | 3 King Beds | Game Room!

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

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +6

    Revenue $91,737ADR $297Occ ≈ 85%4.8★ (193)

    AirbnbVrbo

  • 6 Mi to Great Smoky Mtns: Quiet Cabin w/ Hot Tub

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

    Revenue $70,963ADR $261Occ ≈ 74%4.7★ (97)

    AirbnbBooking

  • Peaceful Private 3BR Cabin•Hot Tub•Fire Pit•Games

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

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

    Revenue $51,182ADR $289Occ ≈ 49%4.9★ (26)

    AirbnbVrbo

  • Lonesome Pine Lodge| Dog Friendly~Views~Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.4 mi

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

    Revenue $72,314ADR $330Occ ≈ 60%4.8★ (138)

    AirbnbVrbo

  • Grand Splash Cabin Hot Tub Pool View GAMES

    Vacation home · 3 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $33,388ADR $386Occ ≈ 24%—

    Booking

  • Dogwood Acre Limited-Time Discount!

    Cabin · 3 bd · 2.5 ba · sleeps 9 · 0.4 mi

    • A/C
    • Free parking
    • Fireplace

    Revenue $38,388ADR $354Occ ≈ 30%5★ (1)

    AirbnbVrboBooking

  • The Real McCoy | Stunning Views w/ Private Hot Tub

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

    Revenue $122,000ADR $0Occ ≈ —4.8★ (92)

    AirbnbBooking

  • Rustic RidgeView: Hot Tub, Grill, Foosball & More!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $63,988ADR $459Occ ≈ 38%4.5★ (14)

    AirbnbVrbo

  • Rustic RidgeView Hot Tub Grill Foosball More

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $55,353ADR $378Occ ≈ 40%4.8★ (5)

    Booking

  • Summer Smoky Escape | Hot Tub, Stunning Views

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.5 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $78,313ADR $303Occ ≈ 71%4.9★ (43)

    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

Financing
Management

Est. revenue

$50,058

NOI

$27,288

Cash flow /mo

$2,274

Cash needed

$621,660

Cash-on-cash (all cash)

4.4%

ROE (yr 1)

7.2%

Cap rate

4.7%

DSCR

—

Year-1 write-off

$148,422

Year-1 tax shield @ 32%

$47,495

Year-1 return on equity

  • Cash flow (annual)$27,288
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$17,370
ROE7.2%

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)$10,012
  • Platform fees (3% of revenue)$1,502
  • Maintenance / capex (5% of revenue)$2,503
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,080
  • Insurance (STR-rated)$3,474

Cash needed to close

  • Purchase price (all cash)$579,000
  • Closing costs (4.0%)$23,160
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$47,495

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

$514,000

Short-life (5/15-yr)

$129,000 · 25%

Year-1 deduction

$148,000

Year-1 tax shield @ 32%

$47,000

Land 11% (county tax record, market value split) · building $385,000 over 39 years · new furniture $20,000

Based on: 1,200 sq ft, built 2003, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $95,000 in year 1 (15% short-life, $30,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$102,900
  • Kitchen cabinetsdefault

    $8,400 new × 40% good × 3.57 allocation

    $12,000
  • Kitchen countertops (stone)listing

    $8,600 new × 40% good × 3.57 allocation

    $12,300
  • Decorative trimdefault

    $2,100 new × 40% good × 3.57 allocation

    $3,000
  • Mirrorsdefault

    $300 new × 40% good × 3.57 allocation

    $400
  • Shelvingdefault

    $1,200 new × 40% good × 3.57 allocation

    $1,700
  • Window coverings (12)default

    $3,000 new × 40% good × 3.57 allocation

    $4,300
  • Carpet, vinyl & laminate (50% of floors)listing

    $3,900 new × 40% good × 3.57 allocation

    $5,500
  • Kitchen & laundry equipment plumbingdefault

    $6,600 new × 54% good × 3.57 allocation

    $12,600
  • Kitchen, laundry & data equipment electricaldefault

    $4,000 new × 54% good × 3.57 allocation

    $7,600
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 3.57 allocation

    $11,000
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.57 allocation

    $12,800
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$45,200
  • Paving: driveway & walks (paved)default

    $7,200 new × 50% good × 3.57 allocation

    $12,800
  • Landscaping (minimal)listing

    $3,500 new × 50% good × 3.57 allocation

    $6,200
  • Patiosdefault

    $1,200 new × 50% good × 3.57 allocation

    $2,100
  • Decks & porches (attached)listing

    $13,500 new × 50% good × 3.57 allocation

    $24,100
Building, 39-year$385,000
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $129,600 new × 62% good × 3.57 allocation

    $285,100
  • Building plumbing & fixturesdefault

    $13,500 new × 54% good × 3.57 allocation

    $25,900
  • Building electrical & lightingdefault

    $12,500 new × 54% good × 3.57 allocation

    $24,000
  • HVACdefault

    $13,500 new × 40% good × 3.57 allocation

    $19,300
  • Hardwood & tile floorsdefault

    $3,900 new × 40% good × 3.57 allocation

    $5,500
  • Fireplacelisting

    $2,600 new × 40% good × 3.57 allocation

    $3,800
  • Septic systemlisting

    $12,000 new × 50% good × 3.57 allocation

    $21,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$102,900$45,200$400$148,400
2$0$0$9,900$9,900
3$0$0$9,900$9,900
4$0$0$9,900$9,900
5$0$0$9,900$9,900
6+$0$0$345,100$345,100
Total$102,900$45,200$385,000$533,000

The building's share of the price ($514,000) is 3.6x our depreciated replacement cost of the home ($144,000). The IRS guide treats a gap this size as a reason to review the land share: if land is worth more than the county ratio says, the basis and the write-off are smaller.

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

STR allowed in most of Sevier County; inside Gatlinburg city limits only in overnight-rental zones.