1161 Ski Mountain Rd
Gatlinburg, TN 37738
$450,000
2 bd · 2 ba · 1,008 sqft · Listed 1d ago
View on Realtor.com →Year built
1965
Sqft
1,008
Lot sqft
1,307
HOA / mo
$45
Furnished
No
List date
2026-10-22T21:47:24.000000Z
Revenue
Annual revenue
$39,076
ADR
$182
Occupancy
59%
Cleaning fees (12 mo)
$8,107
Confidence
Low (39.82), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $32,364
Lovesick Blues
Cabin · 2 bd · 2 ba · sleeps 5 · 269 ft
Revenue $26,378ADR $177Occ ≈ 41%4.7★ (187)
The Swiss Onyx Chalet*Gatlinburg
Cabin · 2 bd · 2 ba · sleeps 7 · 443 ft
Revenue $3,358ADR $239Occ ≈ 4%4.7★ (73)
'Snuggle Inn' in the Heart of Chalet Village!
Vacation home · 2 bd · 2 ba · sleeps 4 · 466 ft
Revenue $32,364ADR $183Occ ≈ 48%4.3★ (11)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
🌲Historic Gatlinburg Chalet-Hot Tub,Prime Location Chalet
| 2 bd · 2 ba · sleeps 6 | $83,308 | $262 | 87% | 4.8★ (260) | 105 ft | AirbnbVrbo |
The Lodge at Ski Mountain Chalet
| 2 bd · 1.5 ba · sleeps 4 | $55,473 | $254 | 60% | 4.8★ (595) | 203 ft | AirbnbVrbo |
Lovesick Blues Cabin | 2 bd · 2 ba · sleeps 5 | $26,378 | $177 | 41% | 4.7★ (187) | 269 ft | Airbnb |
#3 Unique Original 1-Level Mountain Chalet-3 Pools Cabin
| 2 bd · 1 ba · sleeps 4 | $24,643 | $207 | 33% | 4.8★ (310) | 305 ft | AirbnbVrbo |
Hot Tub | Christmas in the Smokies | Ober Mnt Cabin | 2 bd · 1 ba · sleeps 4 | $66,921 | $212 | 86% | 4.9★ (134) | 407 ft | AirbnbVrbo |
The Swiss Onyx Chalet*Gatlinburg Cabin | 2 bd · 2 ba · sleeps 7 | $3,358 | $239 | 4% | 4.7★ (73) | 443 ft | Airbnb |
Alpine Overlook: Mtn Views & Free Attraction Tix Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $15,452 | $154 | 27% | 5★ (7) | 446 ft | AirbnbBooking |
'Snuggle Inn' in the Heart of Chalet Village! Vacation home | 2 bd · 2 ba · sleeps 4 | $32,364 | $183 | 48% | 4.3★ (11) | 466 ft | Booking |
"Our Mountain Home" 2 Bedroom Condo House
| 2 bd · 2 ba · sleeps 4 | $1,153 | $297 | 1% | — | 479 ft | AirbnbVrbo |
'Snuggle Inn' in the Heart of Chalet Village! Cabin
| 2 bd · 1.5 ba · sleeps 4 | $34,589 | $194 | 49% | 4.7★ (138) | 482 ft | AirbnbVrbo |
Show 39 more
PROMO FOR WEEKLY STAY OF 5% Kozy Creek only 2 minutes from Ski Resort
Chalet · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +2
Revenue $17,650ADR $168Occ ≈ 29%4.7★ (194)
Knotty Alpine Cove
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +3
Revenue $1,108ADR $221Occ ≈ 1%5★ (1)
2 BR/2 BA ~ Mountain ~ Balcony ~ 3 Mi to Downtown
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $37,499ADR $193Occ ≈ 53%5★ (45)
Bear Lookout Condo, 10 minutes to Gatlinburg Parkway, 3 Pool Access,Gym, Tennis
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $925ADR $308Occ ≈ 1%—
VIEWS, Bears, Fireplace - Oh My!
Apartment · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $2,018ADR $118Occ ≈ 5%5★ (2)
Alpine Overlook Smoky Mountain Retreat
Apartment · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $2,162ADR $148Occ ≈ 4%5★ (4)
Cozy Cabin, Sits on Amazing Creek, Fire Pit, Close to Downtown Gatlinburg & Ober
Cabin · 2 bd · 1.5 ba · sleeps 4 · 0.1 mi
- Pool
- A/C
- Free parking
- Wifi
- +4
Revenue $44,157ADR $160Occ ≈ 76%5★ (402)
Ober Retreat • Pets OK • Games • Hot Tub • Parking
Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.1 mi
Revenue $9,971ADR $553Occ ≈ 5%5★ (43)
Comfortable, classy condo with view of Mt. LeConte.
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $35,469ADR $154Occ ≈ 63%4.9★ (250)
Alpine Overlook: Mtn Views, Pool Access, & Free Attraction Tickets
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $34,474ADR $205Occ ≈ 46%5★
Delisted
🙋🏻 The Yay Chalet ✨ A-Frame in the ♥ of Gatlinburg
Chalet · 2 bd · 2.5 ba · sleeps 6 · 0.2 mi
Revenue $75,940ADR $390Occ ≈ 53%4.9★ (214)
A Gatlinburg Getaway #1228
Vacation home · 2 bd · 1 ba · sleeps 5 · 0.2 mi
Revenue $28,332ADR $128Occ ≈ 61%3.1★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
High Alpine #204 - A Mountain Top Retreat Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $21,854 | $165 | 36% | 3.5★ (2) | 502 ft | AirbnbVrbo |
A-Frame Gatlinburg Cabin w/ Deck & Private Hot Tub Cabin
| 2 bd · 2 ba · sleeps 6 | $44,734 | $211 | 58% | 4.2★ (134) | 0.1 mi | AirbnbVrboBooking |
PROMO FOR WEEKLY STAY OF 5% Kozy Creek only 2 minutes from Ski Resort Chalet
| 2 bd · 1.5 ba · sleeps 6 | $17,650 | $168 | 29% | 4.7★ (194) | 0.1 mi | Vrbo |
CozyBear2beds/2bath Apartment
| 2 bd · 2 ba · sleeps 6 | $29,713 | $186 | 44% | 4.7★ (32) | 0.1 mi | AirbnbVrboBooking |
Knotty Alpine Cove Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $1,108 | $221 | 1% | 5★ (1) | 0.1 mi | Airbnb |
Shepherd's Crook 1127 - Charming, Cozy Cabin Cabin | 2 bd · 1.5 ba · sleeps 5 | $41,043 | $215 | 52% | 4★ (56) | 0.1 mi | AirbnbVrboBooking |
Cozy Gatlinburg Condo, 2 Bedroom, 2 BA, sleeps 6! Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $35,682 | $180 | 54% | 4.6★ (86) | 0.1 mi | AirbnbVrboBooking |
Hilltop Paradise Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $25,740 | $213 | 33% | 4.3★ (6) | 0.1 mi | AirbnbVrboBooking |
Stunning & Relaxing: 5* Location - Hot Tub - Games Cabin
| 2 bd · 2 ba · sleeps 8 | $68,191 | $244 | 77% | 4.9★ (77) | 0.1 mi | AirbnbVrboBooking |
2 BR/2 BA ~ Mountain ~ Balcony ~ 3 Mi to Downtown Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $37,499 | $193 | 53% | 5★ (45) | 0.1 mi | Airbnb |
Hop's Hideaway - Fireplace & Lush Views! Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $34,380 | $184 | 51% | 4.3★ (18) | 0.1 mi | AirbnbBooking |
Fireplace, jacuzzi tub, large pool onsite ! Townhouse
| 2 bd · 2 ba · sleeps 6 | $43,442 | $161 | 74% | 4.7★ (306) | 0.1 mi | AirbnbVrboBooking |
Obear Mountain is a Newly Updated Condo Condominium (condo)
| 2 bd · 2.5 ba · sleeps 8 | $40,105 | $197 | 56% | 4.7★ (55) | 0.1 mi | AirbnbVrboBooking |
Modern Rustic Condo, Deck, Near Downtown Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $43,007 | $218 | 54% | 5★ (178) | 0.1 mi | AirbnbVrboBooking |
Gorgeous 2 Bdrm w/ VIEWS! - Close To Town - Pools! Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $38,926 | $173 | 62% | 4.8★ (201) | 0.1 mi | AirbnbVrboBooking |
Original A frame chalet 0.4 miles to ober. Cabin
| 2 bd · 1.5 ba · sleeps 5 | $20,495 | $214 | 26% | 5★ (17) | 0.1 mi | AirbnbVrboBooking |
Bear Lookout Condo, 10 minutes to Gatlinburg Parkway, 3 Pool Access,Gym, Tennis Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $925 | $308 | 1% | — | 0.1 mi | Vrbo |
Nature, Comfort and Calm @ BooBear Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $34,457 | $193 | 49% | 5★ (187) | 0.1 mi | AirbnbVrbo |
Close to town & National Park-Pools-Cozy Deck Apartment | 2 bd · 2 ba · sleeps 6 | $46,989 | $195 | 66% | 4.8★ (114) | 0.1 mi | AirbnbVrbo |
Hop’s Hideaway | Forest Retreat • Pools • Free Tks Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $13,979 | $182 | 21% | 5★ (20) | 0.1 mi | AirbnbVrbo |
VIEWS, Bears, Fireplace - Oh My! Apartment | 2 bd · 2 ba · sleeps 6 | $2,018 | $118 | 5% | 5★ (2) | 0.1 mi | Airbnb |
Alpine Overlook Smoky Mountain Retreat Apartment | 2 bd · 2 ba · sleeps 6 | $2,162 | $148 | 4% | 5★ (4) | 0.1 mi | Airbnb |
Bears Down Under • mtn view • free Dollywood tckt Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $25,856 | $190 | 37% | 4.3★ (7) | 0.1 mi | AirbnbVrbo |
Cozy Cabin, Sits on Amazing Creek, Fire Pit, Close to Downtown Gatlinburg & Ober Cabin
| 2 bd · 1.5 ba · sleeps 4 | $44,157 | $160 | 76% | 5★ (402) | 0.1 mi | Vrbo |
Bears and Bliss! @ BooCub Condominium (condo)
| 2 bd · 2 ba · sleeps 8 | $31,387 | $191 | 45% | 5★ (164) | 0.1 mi | AirbnbVrbo |
Momma Bears cabin, near Ober, pet friendly, Bears! Cabin
| 2 bd · 2.5 ba · sleeps 6 | $42,831 | $198 | 59% | 5★ (39) | 0.1 mi | AirbnbVrbo |
Ober Retreat • Pets OK • Games • Hot Tub • Parking Cabin | 2 bd · 2.5 ba · sleeps 6 | $9,971 | $553 | 5% | 5★ (43) | 0.1 mi | Airbnb |
Extra Large deck, many bear sightings! Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $26,683 | $184 | 40% | 5★ (93) | 0.1 mi | AirbnbVrbo |
Comfortable, classy condo with view of Mt. LeConte. Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $35,469 | $154 | 63% | 4.9★ (250) | 0.1 mi | Vrbo |
Alpine Overlook: Mtn Views, Pool Access, & Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $34,474 | $205 | 46% | 5★ | 0.1 mi | Delisted |
Gorgeous Mountain Views, Hot Tub, Sauna Chalet | 2 bd · 1.5 ba · sleeps 4 | $46,596 | $213 | 60% | 5★ (29) | 0.2 mi | AirbnbVrboBooking |
FREE Dollywood Ticket • High Alpine 201 • Mountain Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $39,371 | $145 | 74% | 4.7★ (203) | 0.2 mi | AirbnbVrbo |
Mountain Bear Retreat Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $11,476 | $208 | 15% | 5★ (4) | 0.2 mi | AirbnbVrboBooking |
🙋🏻 The Yay Chalet ✨ A-Frame in the ♥ of Gatlinburg Chalet | 2 bd · 2.5 ba · sleeps 6 | $75,940 | $390 | 53% | 4.9★ (214) | 0.2 mi | Airbnb |
A Gatlinburg Getaway #1228 Vacation home | 2 bd · 1 ba · sleeps 5 | $28,332 | $128 | 61% | 3.1★ (3) | 0.2 mi | Booking |
Chalet Village! Walk to Ober, 2 miles to downtown Townhouse
| 2 bd · 1.5 ba · sleeps 5 | $30,147 | $211 | 39% | 4.9★ (155) | 0.2 mi | AirbnbVrbo |
Chalet Village Upper Alpine Condo w/ Pool Access! Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $31,366 | $138 | 62% | 4.5★ (116) | 0.2 mi | AirbnbVrboBooking |
Wonderful 2BR, Free Attraction Tickets, Game Room Townhouse | 2 bd · 1.5 ba · sleeps 6 | $7,580 | $145 | 14% | 4.1★ (81) | 0.2 mi | AirbnbBooking |
4 Mi to Gatlinburg Strip: Serene Cabin w/ Hot Tub! Cabin | 2 bd · 3 ba · sleeps 6 | $44,762 | $264 | 46% | 4.7★ (125) | 0.2 mi | AirbnbBooking |
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 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$39,076
NOI
$19,385
Cash flow /mo
-$878
Cash needed
$146,500
Cash-on-cash
-7.2%
ROE (yr 1)
3.9%
Cap rate
4.3%
DSCR
0.65
Year-1 write-off
$144,632
Year-1 tax shield @ 32%
$46,282
Year-1 return on equity
- Cash flow (annual)-$10,531
- Principal paydown$2,780
- Appreciation at%$13,500
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)$7,815
- Platform fees (3% of revenue)$1,172
- Maintenance / capex (5% of revenue)$1,954
- Utilities & supplies$4,200
- HOA$540
- Property tax$1,310
- Insurance (STR-rated)$2,700
Cash needed to close
- Down payment (25%)$112,500
- Closing costs (4.0%)$18,000
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$46,282
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
$373,000
Short-life (5/15-yr)
$128,000 · 34%
Year-1 deduction
$145,000
Year-1 tax shield @ 32%
$46,000
Land 17% (county tax record, market value split) · building $244,000 over 39 years · new furniture $16,000
Based on: 1,008 sq ft, built 1965, 2 bd / 2 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $91,000 in year 1 (20% short-life, $29,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $13,600
Kitchen cabinetsdefault
$8,000 new × 40% good × 4.24 allocation
- $11,100
Kitchen countertopsdefault
$6,600 new × 40% good × 4.24 allocation
- $3,000
Decorative trimdefault
$1,800 new × 40% good × 4.24 allocation
- $500
Mirrorsdefault
$300 new × 40% good × 4.24 allocation
- $1,500
Shelvingdefault
$900 new × 40% good × 4.24 allocation
- $4,200
Window coverings (10)default
$2,500 new × 40% good × 4.24 allocation
- $11,000
Carpet, vinyl & laminate (100% of floors)listing
$6,500 new × 40% good × 4.24 allocation
- $10,600
Kitchen & laundry equipment plumbingdefault
$6,200 new × 40% good × 4.24 allocation
- $6,400
Kitchen, laundry & data equipment electricaldefault
$3,800 new × 40% good × 4.24 allocation
- $13,000
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 4.24 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $13,900
Paving: driveway & walks (paved)default
$6,600 new × 50% good × 4.24 allocation
- $13,400
Landscaping (typical)default
$6,300 new × 50% good × 4.24 allocation
- $2,100
Patiosdefault
$1,000 new × 50% good × 4.24 allocation
- $24,000
Decks & porches (attached)listing
$11,300 new × 50% good × 4.24 allocation
- $184,600
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$108,900 new × 40% good × 4.24 allocation
- $19,100
Building plumbing & fixturesdefault
$11,300 new × 40% good × 4.24 allocation
- $17,000
Building electrical & lightingdefault
$10,000 new × 40% good × 4.24 allocation
- $19,200
HVACdefault
$11,400 new × 40% good × 4.24 allocation
- $4,500
Fireplacelisting
$2,600 new × 40% good × 4.24 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $90,900 | $53,500 | $300 | $144,600 |
| 2 | $0 | $0 | $6,300 | $6,300 |
| 3 | $0 | $0 | $6,300 | $6,300 |
| 4 | $0 | $0 | $6,300 | $6,300 |
| 5 | $0 | $0 | $6,300 | $6,300 |
| 6+ | $0 | $0 | $219,100 | $219,100 |
| Total | $90,900 | $53,500 | $244,400 | $388,800 |
The building's share of the price ($373,000) is 4.2x our depreciated replacement cost of the home ($88,000). 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.