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1161 Ski Mountain Rd

1161 Ski Mountain Rd

Gatlinburg, TN 37738

$450,000

2 bd · 2 ba · 1,008 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

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)

$20,495$32,364$42,831

Median revenue of shown comps: $32,364

  • 🌲Historic Gatlinburg Chalet-Hot Tub,Prime Location

    Chalet · 2 bd · 2 ba · sleeps 6 · 105 ft

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

    Revenue $83,308ADR $262Occ ≈ 87%4.8★ (260)

    AirbnbVrbo

  • The Lodge at Ski Mountain

    Chalet · 2 bd · 1.5 ba · sleeps 4 · 203 ft

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

    Revenue $55,473ADR $254Occ ≈ 60%4.8★ (595)

    AirbnbVrbo

  • Lovesick Blues

    Cabin · 2 bd · 2 ba · sleeps 5 · 269 ft

    Revenue $26,378ADR $177Occ ≈ 41%4.7★ (187)

    Airbnb

  • #3 Unique Original 1-Level Mountain Chalet-3 Pools

    Cabin · 2 bd · 1 ba · sleeps 4 · 305 ft

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

    Revenue $24,643ADR $207Occ ≈ 33%4.8★ (310)

    AirbnbVrbo

  • Hot Tub | Christmas in the Smokies | Ober Mnt

    Cabin · 2 bd · 1 ba · sleeps 4 · 407 ft

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

    Revenue $66,921ADR $212Occ ≈ 86%4.9★ (134)

    AirbnbVrbo

  • The Swiss Onyx Chalet*Gatlinburg

    Cabin · 2 bd · 2 ba · sleeps 7 · 443 ft

    Revenue $3,358ADR $239Occ ≈ 4%4.7★ (73)

    Airbnb

  • Alpine Overlook: Mtn Views & Free Attraction Tix

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 446 ft

    Revenue $15,452ADR $154Occ ≈ 27%5★ (7)

    AirbnbBooking

  • '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)

    Booking

  • "Our Mountain Home" 2 Bedroom Condo

    House · 2 bd · 2 ba · sleeps 4 · 479 ft

    • A/C
    • Free parking
    • Wifi
    • Kitchen

    Revenue $1,153ADR $297Occ ≈ 1%—

    AirbnbVrbo

  • 'Snuggle Inn' in the Heart of Chalet Village!

    Cabin · 2 bd · 1.5 ba · sleeps 4 · 482 ft

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

    Revenue $34,589ADR $194Occ ≈ 49%4.7★ (138)

    AirbnbVrbo

Show 39 more
  • High Alpine #204 - A Mountain Top Retreat

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 502 ft

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

    Revenue $21,854ADR $165Occ ≈ 36%3.5★ (2)

    AirbnbVrbo

  • A-Frame Gatlinburg Cabin w/ Deck & Private Hot Tub

    Cabin · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $44,734ADR $211Occ ≈ 58%4.2★ (134)

    AirbnbVrboBooking

  • 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)

    Vrbo

  • CozyBear2beds/2bath

    Apartment · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $29,713ADR $186Occ ≈ 44%4.7★ (32)

    AirbnbVrboBooking

  • 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)

    Airbnb

  • Shepherd's Crook 1127 - Charming, Cozy Cabin

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.1 mi

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

    Revenue $41,043ADR $215Occ ≈ 52%4★ (56)

    AirbnbVrboBooking

  • Cozy Gatlinburg Condo, 2 Bedroom, 2 BA, sleeps 6!

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • Wifi
    • Kitchen
    • Washer

    Revenue $35,682ADR $180Occ ≈ 54%4.6★ (86)

    AirbnbVrboBooking

  • Hilltop Paradise

    Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +2

    Revenue $25,740ADR $213Occ ≈ 33%4.3★ (6)

    AirbnbVrboBooking

  • Stunning & Relaxing: 5* Location - Hot Tub - Games

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

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

    Revenue $68,191ADR $244Occ ≈ 77%4.9★ (77)

    AirbnbVrboBooking

  • 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)

    Airbnb

  • Hop's Hideaway - Fireplace & Lush Views!

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $34,380ADR $184Occ ≈ 51%4.3★ (18)

    AirbnbBooking

  • Fireplace, jacuzzi tub, large pool onsite !

    Townhouse · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $43,442ADR $161Occ ≈ 74%4.7★ (306)

    AirbnbVrboBooking

  • Obear Mountain is a Newly Updated Condo

    Condominium (condo) · 2 bd · 2.5 ba · sleeps 8 · 0.1 mi

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

    Revenue $40,105ADR $197Occ ≈ 56%4.7★ (55)

    AirbnbVrboBooking

  • Modern Rustic Condo, Deck, Near Downtown

    Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    Revenue $43,007ADR $218Occ ≈ 54%5★ (178)

    AirbnbBooking

  • Gorgeous 2 Bdrm w/ VIEWS! - Close To Town - Pools!

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $38,926ADR $173Occ ≈ 62%4.8★ (201)

    AirbnbVrboBooking

  • Original A frame chalet 0.4 miles to ober.

    Cabin · 2 bd · 1.5 ba · sleeps 5 · 0.1 mi

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

    Revenue $20,495ADR $214Occ ≈ 26%5★ (17)

    AirbnbVrboBooking

  • Bear Lookout Condo, 10 minutes to Gatlinburg Parkway, 3 Pool Access,Gym, Tennis

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $925ADR $308Occ ≈ 1%—

    Vrbo

  • Nature, Comfort and Calm @ BooBear

    Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $34,457ADR $193Occ ≈ 49%5★ (187)

    AirbnbVrbo

  • Close to town & National Park-Pools-Cozy Deck

    Apartment · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $46,989ADR $195Occ ≈ 66%4.8★ (114)

    AirbnbVrbo

  • Hop’s Hideaway | Forest Retreat • Pools • Free Tks

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $13,979ADR $182Occ ≈ 21%5★ (20)

    AirbnbVrbo

  • VIEWS, Bears, Fireplace - Oh My!

    Apartment · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $2,018ADR $118Occ ≈ 5%5★ (2)

    Airbnb

  • Alpine Overlook Smoky Mountain Retreat

    Apartment · 2 bd · 2 ba · sleeps 6 · 0.1 mi

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

    Revenue $2,162ADR $148Occ ≈ 4%5★ (4)

    Airbnb

  • Bears Down Under • mtn view • free Dollywood tckt

    Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi

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

    Revenue $25,856ADR $190Occ ≈ 37%4.3★ (7)

    AirbnbVrbo

  • 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)

    Vrbo

  • Bears and Bliss! @ BooCub

    Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.1 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $31,387ADR $191Occ ≈ 45%5★ (164)

    AirbnbVrbo

  • Momma Bears cabin, near Ober, pet friendly, Bears!

    Cabin · 2 bd · 2.5 ba · sleeps 6 · 0.1 mi

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

    Revenue $42,831ADR $198Occ ≈ 59%5★ (39)

    AirbnbVrbo

  • 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)

    Delisted

  • Extra Large deck, many bear sightings!

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $26,683ADR $184Occ ≈ 40%5★ (93)

    AirbnbVrbo

  • Comfortable, classy condo with view of Mt. LeConte.

    Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +5

    Revenue $35,469ADR $154Occ ≈ 63%4.9★ (250)

    Vrbo

  • 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

  • Gorgeous Mountain Views, Hot Tub, Sauna

    Chalet · 2 bd · 1.5 ba · sleeps 4 · 0.2 mi

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

    Revenue $46,596ADR $213Occ ≈ 60%5★ (29)

    AirbnbVrboBooking

  • FREE Dollywood Ticket • High Alpine 201 • Mountain

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $39,371ADR $145Occ ≈ 74%4.7★ (203)

    AirbnbVrbo

  • Mountain Bear Retreat

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • Pool
    • A/C
    • Pets OK
    • +4

    Revenue $11,476ADR $208Occ ≈ 15%5★ (4)

    AirbnbVrboBooking

  • 🙋🏻 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)

    Airbnb

  • A Gatlinburg Getaway #1228

    Vacation home · 2 bd · 1 ba · sleeps 5 · 0.2 mi

    Revenue $28,332ADR $128Occ ≈ 61%3.1★ (3)

    Booking

  • Chalet Village! Walk to Ober, 2 miles to downtown

    Townhouse · 2 bd · 1.5 ba · sleeps 5 · 0.2 mi

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

    Revenue $30,147ADR $211Occ ≈ 39%4.9★ (155)

    AirbnbVrbo

  • Chalet Village Upper Alpine Condo w/ Pool Access!

    Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi

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

    Revenue $31,366ADR $138Occ ≈ 62%4.5★ (116)

    AirbnbVrboBooking

  • Wonderful 2BR, Free Attraction Tickets, Game Room

    Townhouse · 2 bd · 1.5 ba · sleeps 6 · 0.2 mi

    Revenue $7,580ADR $145Occ ≈ 14%4.1★ (81)

    AirbnbBooking

  • 4 Mi to Gatlinburg Strip: Serene Cabin w/ Hot Tub!

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

    Revenue $44,762ADR $264Occ ≈ 46%4.7★ (125)

    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

Financing
Management

Est. revenue

$39,076

NOI

$19,385

Cash flow /mo

$1,615

Cash needed

$484,000

Cash-on-cash (all cash)

4.0%

ROE (yr 1)

6.8%

Cap rate

4.3%

DSCR

—

Year-1 write-off

$144,632

Year-1 tax shield @ 32%

$46,282

Year-1 return on equity

  • Cash flow (annual)$19,385
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$13,500
ROE6.8%

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

  • Purchase price (all cash)$450,000
  • 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.

5-year property$90,900
  • Kitchen cabinetsdefault

    $8,000 new × 40% good × 4.24 allocation

    $13,600
  • Kitchen countertopsdefault

    $6,600 new × 40% good × 4.24 allocation

    $11,100
  • Decorative trimdefault

    $1,800 new × 40% good × 4.24 allocation

    $3,000
  • Mirrorsdefault

    $300 new × 40% good × 4.24 allocation

    $500
  • Shelvingdefault

    $900 new × 40% good × 4.24 allocation

    $1,500
  • Window coverings (10)default

    $2,500 new × 40% good × 4.24 allocation

    $4,200
  • Carpet, vinyl & laminate (100% of floors)listing

    $6,500 new × 40% good × 4.24 allocation

    $11,000
  • Kitchen & laundry equipment plumbingdefault

    $6,200 new × 40% good × 4.24 allocation

    $10,600
  • Kitchen, laundry & data equipment electricaldefault

    $3,800 new × 40% good × 4.24 allocation

    $6,400
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 4.24 allocation

    $13,000
  • Furniture bought newlisting

    $16,000 new × 100% good · bought separately

    $16,000
15-year land improvements$53,500
  • Paving: driveway & walks (paved)default

    $6,600 new × 50% good × 4.24 allocation

    $13,900
  • Landscaping (typical)default

    $6,300 new × 50% good × 4.24 allocation

    $13,400
  • Patiosdefault

    $1,000 new × 50% good × 4.24 allocation

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

    $11,300 new × 50% good × 4.24 allocation

    $24,000
Building, 39-year$244,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $108,900 new × 40% good × 4.24 allocation

    $184,600
  • Building plumbing & fixturesdefault

    $11,300 new × 40% good × 4.24 allocation

    $19,100
  • Building electrical & lightingdefault

    $10,000 new × 40% good × 4.24 allocation

    $17,000
  • HVACdefault

    $11,400 new × 40% good × 4.24 allocation

    $19,200
  • Fireplacelisting

    $2,600 new × 40% good × 4.24 allocation

    $4,500

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
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.