1051 Wiley Oakley Dr
Gatlinburg, TN 37738
$599,900
3 bd · 3.5 ba · 2,208 sqft · Listed today
View on Realtor.com →Year built
1982
Sqft
2,208
Lot sqft
15,682
HOA / mo
$50
Furnished
No
List date
2026-10-01T04:08:03.000000Z
Revenue
Annual revenue
$73,430
ADR
$325
Occupancy
62%
Cleaning fees (12 mo)
$12,216
Confidence
Low (35.1), 50 comps
Comp revenue range (p25 / median / p75)
3 resort pools, pool table, hot tub, arcade!
Vacation home · 3 bd · 3 ba · sleeps 6 · 279 ft
Revenue $4,544ADR $1,044Occ ≈ 1%5★ (3)
The House of Rock
Chalet · 3 bd · 3 ba · sleeps 6 · 423 ft
Revenue $44,691ADR $242Occ ≈ 51%5★ (4)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Christine's Cabin 1101 - Cozy Fireside Moments Cabin | 3 bd · 3 ba · sleeps 8 | $64,853 | $333 | 53% | 4.5★ (50) | 102 ft | AirbnbVrboBooking |
Three Bears Den | By Bear Camp Chalet | 3 bd · 3 ba · sleeps 8 | $46,844 | $268 | 48% | 4.2★ (36) | 230 ft | AirbnbVrboBooking |
3 resort pools, pool table, hot tub, arcade! Vacation home | 3 bd · 3 ba · sleeps 6 | $4,544 | $1,044 | 1% | 5★ (3) | 279 ft | Booking |
Getaway to House of Rock N Roll before Summer Ends Chalet | 3 bd · 3 ba · sleeps 6 | $42,391 | $238 | 49% | 5★ (50) | 292 ft | AirbnbVrbo |
Mountain Therapy 1123 | Relax next to the fireplace 🔥 Cabin | 3 bd · 3 ba · sleeps 7 | $63,527 | $313 | 56% | 4.8★ (133) | 315 ft | AirbnbVrbo |
Hot Tub/Game Room/Fire Pit/VIEWS/Luxe Modern Cabin | 3 bd · 3.5 ba · sleeps 8 | $127,758 | $448 | 78% | 5★ (198) | 404 ft | AirbnbVrbo |
Luxury Cabin Roof Top with View, Sauna & Hot Tub! Cabin | 3 bd · 3 ba · sleeps 7 | $71,492 | $330 | 59% | 5★ (50) | 413 ft | AirbnbVrbo |
The House of Rock Chalet | 3 bd · 3 ba · sleeps 6 | $44,691 | $242 | 51% | 5★ (4) | 423 ft | Booking |
Mt LeConte Views • Hot Tub • Theatre • Arcade Cabin | 3 bd · 3 ba · sleeps 10 | $103,295 | $423 | 67% | 5★ (41) | 459 ft | AirbnbVrbo |
Rustic Retreat – Secluded Cabin/Hot Tub/Game Room! Cabin | 3 bd · 3 ba · sleeps 8 | $39,776 | $301 | 36% | 4.9★ (84) | 0.1 mi | AirbnbVrbo |
Show all 50 comps
MOUNTAIN COVE CABIN- LUXURY, PET FRIENDLY CABIN- POOL TABLE/HOT TUB/FIRE PIT
Cabin · 3 bd · 3 ba · sleeps 10 · 0.1 mi
Revenue $74,184ADR $296Occ ≈ 69%5★ (352)
Dolce Dreams - Victorian Chalet in Gatlinburg
Cabin · 3 bd · 3 ba · sleeps 10 · 0.1 mi
Revenue $51,745ADR $267Occ ≈ 53%4.8★ (213)
Mt LeConte Views | Chalet Village | 4 mi to G'burg
House · 3 bd · 2.5 ba · sleeps 10 · 0.2 mi
Revenue $41,510ADR $413Occ ≈ 28%5★ (19)
Beautiful brand-new 3BR/4BATH home with fantastic views of the Smoky Mountains!
Cabin · 3 bd · 4 ba · sleeps 8 · 0.2 mi
Revenue $8,593ADR $429Occ ≈ 5%—
Mountains 4 Miles By Avada Properties
Vacation home · 3 bd · 4 ba · sleeps 6 · 0.4 mi
Revenue $39,061ADR $288Occ ≈ 37%4.5★ (1)
Incredible View 3BR 3BA - Stunning Mtn View, Jacuzzi with View, Games, Firepit - Sleep 8
Vacation home · 3 bd · 3 ba · sleeps 1 · 0.4 mi
Revenue $45,507ADR $239Occ ≈ 52%5★ (1)
Recently Renovated Retreat in Gatlinburg
Cabin · 3 bd · 2.5 ba · sleeps 6 · 0.6 mi
Revenue $47,438ADR $377Occ ≈ 34%5★ (14)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
MOUNTAIN COVE CABIN- LUXURY, PET FRIENDLY CABIN- POOL TABLE/HOT TUB/FIRE PIT Cabin | 3 bd · 3 ba · sleeps 10 | $74,184 | $296 | 69% | 5★ (352) | 0.1 mi | Vrbo |
Dolce Dreams - Victorian Chalet in Gatlinburg Cabin | 3 bd · 3 ba · sleeps 10 | $51,745 | $267 | 53% | 4.8★ (213) | 0.1 mi | Airbnb |
New! Pool/Mtn Views/HotTub/FirePit/ Sauna/GameRoom Cabin | 3 bd · 3.5 ba · sleeps 14 | $174,919 | $908 | 53% | 5★ (43) | 0.1 mi | AirbnbVrbo |
Near Downtown Gatlinburg|*Views*|Hot tub|Game room Cabin | 3 bd · 3 ba · sleeps 10 | $7,409 | $1,481 | 1% | 5★ (119) | 0.2 mi | AirbnbVrbo |
Smokies Retreat! Mtn View! 5 min to DT Gatlinburg! Cabin | 3 bd · 3 ba · sleeps 10 | $64,825 | $357 | 50% | 4.9★ (45) | 0.2 mi | AirbnbVrboBooking |
3 Suite - hot tub • pool table • jacuzzi Cabin | 3 bd · 4 ba · sleeps 6 | $39,170 | $333 | 32% | 4.7★ (121) | 0.2 mi | AirbnbVrbo |
Mt LeConte Views | Chalet Village | 4 mi to G'burg House | 3 bd · 2.5 ba · sleeps 10 | $41,510 | $413 | 28% | 5★ (19) | 0.2 mi | Airbnb |
Chalet Village I Pet Friendly I Pool I Views I Cabin | 3 bd · 3.5 ba · sleeps 16 | $103,867 | $618 | 46% | 5★ (2) | 0.2 mi | AirbnbVrboBooking |
Beautiful brand-new 3BR/4BATH home with fantastic views of the Smoky Mountains! Cabin | 3 bd · 4 ba · sleeps 8 | $8,593 | $429 | 5% | — | 0.2 mi | Vrbo |
VIEWS/YARD/Hot Tub/Theater/Game Room - Wild Ginger Cabin | 3 bd · 3.5 ba · sleeps 13 | $147,539 | $449 | 90% | 5★ (83) | 0.2 mi | AirbnbVrbo |
VIEWS/Hot Tub/Game Room/Fire Pit Cabin | 3 bd · 3.5 ba · sleeps 6 | $151,709 | $508 | 82% | 5★ (271) | 0.3 mi | AirbnbVrbo |
Back-to-School Special: HotTub, Dog OK, Kids' Kave Cabin | 3 bd · 3 ba · sleeps 10 | $38,632 | $333 | 32% | 5★ (72) | 0.3 mi | AirbnbVrbo |
Luxury Contemporary Cabin! Fireplaces! Playground! Cabin | 3 bd · 3 ba · sleeps 8 | $177,376 | $522 | 93% | 5★ (62) | 0.3 mi | AirbnbVrbo |
Tree Tops HotTub, Mountain View by HoneyBearCabins Cabin | 3 bd · 3.5 ba · sleeps 10 | $44,698 | $386 | 32% | 4★ (59) | 0.3 mi | AirbnbVrboBooking |
Secluded Gatlinburg Cabin w/ SwimSpa + game room Cabin | 3 bd · 3 ba · sleeps 10 | $59,832 | $361 | 45% | 4.9★ (134) | 0.4 mi | AirbnbVrbo |
Epic Views•HotTub•Theater•Near DT•Pool Cabin | 3 bd · 3.5 ba · sleeps 11 | $26,184 | $476 | 15% | 5★ (5) | 0.4 mi | AirbnbVrbo |
Gatlinburg - Amazing View - Hot tub House | 3 bd · 3.5 ba · sleeps 13 | $26,800 | $281 | 26% | 4.3★ (3) | 0.4 mi | AirbnbVrboBooking |
Mountain Chalet with Hot Tub and Scenic Views Cabin | 3 bd · 3 ba · sleeps 10 | $88,290 | $338 | 72% | 4.7★ (63) | 0.4 mi | AirbnbVrbo |
LUX Cabin, VIEWS, Game Room, Hot Tub, Theater! House | 3 bd · 3 ba · sleeps 11 | $141,641 | $462 | 84% | 4.9★ (132) | 0.4 mi | AirbnbVrbo |
Chalet Village | Mountain Views | Resort Pools Cabin | 3 bd · 2.5 ba · sleeps 12 | $135,198 | $460 | 81% | 4.9★ (114) | 0.4 mi | AirbnbVrboBooking |
A Million Dollar View Cabin | 3 bd · 3 ba · sleeps 8 | $81,376 | $443 | 50% | 4.9★ (8) | 0.4 mi | AirbnbVrbo |
Breathtaking View, Pool Access, Hot Tub, Game Room House | 3 bd · 3.5 ba · sleeps 8 | $91,923 | $384 | 66% | 5★ (316) | 0.4 mi | AirbnbVrboBooking |
Amazing View! 3 Master Suites! Game Room! Hot Tub! Cabin | 3 bd · 3 ba · sleeps 8 | $138,384 | $413 | 92% | 5★ (281) | 0.4 mi | AirbnbVrbo |
Stunning Mtn Views, Game Room, Hot Tub, Firepits House | 3 bd · 3.5 ba · sleeps 8 | $82,129 | $394 | 57% | 5★ (300) | 0.4 mi | AirbnbVrbo |
Mountains 4 Miles By Avada Properties Vacation home | 3 bd · 4 ba · sleeps 6 | $39,061 | $288 | 37% | 4.5★ (1) | 0.4 mi | Booking |
Luxurious 3BD Lodge w/ HOT TUB! Pool Table + VIEWS House | 3 bd · 3.5 ba · sleeps 6 | $45,263 | $314 | 39% | 4.8★ (46) | 0.4 mi | AirbnbVrbo |
Unbeatable Smoky View| Jacuzzi| Gameroom| Firepits House | 3 bd · 3.5 ba · sleeps 8 | $119,592 | $453 | 72% | 5★ (138) | 0.4 mi | AirbnbVrboBooking |
Incredible View 3BR 3BA - Stunning Mtn View, Jacuzzi with View, Games, Firepit - Sleep 8 Vacation home | 3 bd · 3 ba · sleeps 1 | $45,507 | $239 | 52% | 5★ (1) | 0.4 mi | Booking |
Picturesque Fall View, Swim Spa, Gameroom, Firepit House | 3 bd · 3.5 ba · sleeps 8 | $106,842 | $433 | 68% | 5★ (107) | 0.4 mi | AirbnbVrbo |
Views•HotTub•Near Downtown•2 King Suites•Pool Cabin | 3 bd · 3 ba · sleeps 8 | $126,297 | $482 | 72% | 5★ (230) | 0.5 mi | AirbnbVrbo |
Ski Mountain Overlook Cabin | 3 bd · 2.5 ba · sleeps 6 | $105,714 | $520 | 56% | 4.6★ (100) | 0.5 mi | AirbnbVrboBooking |
Smoky Wood Haven: Hot Tub, Game Room, Pet-Friendly Cabin | 3 bd · 3.5 ba · sleeps 8 | $13,399 | $314 | 12% | — | 0.5 mi | AirbnbVrboBooking |
3-Story Cabin w MTN Views.4mi Gburg 10mi Dollywood House | 3 bd · 3.5 ba · sleeps 12 | $16,318 | $347 | 13% | 4.8★ (6) | 0.5 mi | AirbnbVrbo |
Bear Watch 1011 - Mountain Views & Hot Tub Cabin | 3 bd · 3.5 ba · sleeps 6 | $55,489 | $370 | 41% | 4.8★ (27) | 0.5 mi | AirbnbVrboBooking |
A Million Dollar View | The Ultimate Escape! Cabin | 3 bd · 3 ba · sleeps 8 | $23,324 | $358 | 18% | 4.8★ (8) | 0.5 mi | AirbnbVrboBooking |
Smoky Mountain Views - Game Room - Hot Tub Cabin | 3 bd · 4 ba · sleeps 10 | $111,367 | $505 | 60% | 5★ (122) | 0.5 mi | AirbnbVrbo |
Mountain Views | Covered Deck | Wildlife Sightings Cabin | 3 bd · 2.5 ba · sleeps 6 | $52,344 | $255 | 56% | 5★ (19) | 0.5 mi | AirbnbVrbo |
"Sunrise Mountain Vista" 3 Bedroom Cabin House | 3 bd · 3.5 ba · sleeps 6 | $26,967 | $453 | 16% | — | 0.5 mi | AirbnbVrbo |
Bear Haven Cabin | 3 bd · 3 ba · sleeps 6 | $16,904 | $341 | 14% | 4.5★ (3) | 0.5 mi | AirbnbVrboBooking |
Recently Renovated Retreat in Gatlinburg Cabin | 3 bd · 2.5 ba · sleeps 6 | $47,438 | $377 | 34% | 5★ (14) | 0.6 mi | 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
Est. revenue
$73,430
NOI
$43,437
Cash flow /mo
$3,620
Cash needed
$649,396
Cash-on-cash (all cash)
6.7%
ROE (yr 1)
9.5%
Cap rate
7.2%
DSCR
—
Year-1 write-off
$155,783
Year-1 tax shield @ 32%
$49,850
Year-1 return on equity
- Cash flow (annual)$43,437
- Principal paydown (n/a, cash)$0
- Appreciation at%$17,997
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)$14,686
- Platform fees (3% of revenue)$2,203
- Maintenance / capex (5% of revenue)$3,672
- Utilities & supplies$4,200
- HOA$600
- Property tax$1,033
- Insurance (STR-rated)$3,599
Cash needed to close
- Purchase price (all cash)$599,900
- Closing costs (4.0%)$23,996
- Furnishing (bought new)$25,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$49,850
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
$479,000
Short-life (5/15-yr)
$130,000 · 27%
Year-1 deduction
$156,000
Year-1 tax shield @ 32%
$50,000
Land 20% (county tax record, market value split) · building $349,000 over 39 years · new furniture $26,000
Based on: 2,208 sq ft, built 1982, 3 bd / 3.5 ba, unfurnished, listing features (hot tub, deck, game room, 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, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,100
Kitchen cabinetsdefault
$10,600 new × 40% good × 2.60 allocation
- $11,300
Kitchen countertops (stone)listing
$10,900 new × 40% good × 2.60 allocation
- $4,000
Decorative trimdefault
$3,900 new × 40% good × 2.60 allocation
- $500
Mirrorsdefault
$500 new × 40% good × 2.60 allocation
- $1,200
Shelvingdefault
$1,200 new × 40% good × 2.60 allocation
- $5,700
Window coverings (22)default
$5,500 new × 40% good × 2.60 allocation
- $11,100
Carpet, vinyl & laminate (75% of floors)listing
$10,700 new × 40% good × 2.60 allocation
- $8,600
Kitchen & laundry equipment plumbingdefault
$8,300 new × 40% good × 2.60 allocation
- $5,200
Kitchen, laundry & data equipment electricaldefault
$5,000 new × 40% good × 2.60 allocation
- $8,000
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.60 allocation
- $9,400
Hot tub (freestanding)listing
$9,000 new × 40% good × 2.60 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $12,700
Paving: driveway & walks (paved)default
$9,700 new × 50% good × 2.60 allocation
- $6,100
Landscaping (minimal)listing
$4,700 new × 50% good × 2.60 allocation
- $2,800
Patiosdefault
$2,200 new × 50% good × 2.60 allocation
- $32,300
Decks & porches (attached)listing
$24,800 new × 50% good × 2.60 allocation
- $249,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$239,600 new × 40% good × 2.60 allocation
- $25,800
Building plumbing & fixturesdefault
$24,900 new × 40% good × 2.60 allocation
- $26,300
Building electrical & lightingdefault
$25,300 new × 40% good × 2.60 allocation
- $25,900
HVACdefault
$24,900 new × 40% good × 2.60 allocation
- $3,700
Hardwood & tile floorsdefault
$3,600 new × 40% good × 2.60 allocation
- $2,700
Fireplacelisting
$2,600 new × 40% good × 2.60 allocation
- $15,600
Septic systemlisting
$12,000 new × 50% good × 2.60 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $101,600 | $53,900 | $400 | $155,800 |
| 2 | $0 | $0 | $8,900 | $8,900 |
| 3 | $0 | $0 | $8,900 | $8,900 |
| 4 | $0 | $0 | $8,900 | $8,900 |
| 5 | $0 | $0 | $8,900 | $8,900 |
| 6+ | $0 | $0 | $312,900 | $312,900 |
| Total | $101,600 | $53,900 | $349,000 | $504,400 |
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.