1017 Wiley Oakley Dr
Gatlinburg, TN 37738
$1,030,000
4 bd · 4.5 ba · 4,032 sqft · Listed 2d ago
View on Realtor.com →Year built
2019
Sqft
4,032
Lot sqft
17,860
HOA / mo
$49
Furnished
No
List date
2026-10-31T22:03:46.000000Z
Revenue
Annual revenue
$119,055
ADR
$531
Occupancy
61%
Cleaning fees (12 mo)
$17,166
Confidence
Low (50.98), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $94,404
New Luxury Cabin (spectacular view of Mount LaConte)
House · 4 bd · 3.5 ba · sleeps 12 · 0.2 mi
- Hot tub
- Pool
- A/C
- Free parking
- +7
Revenue $116,321ADR $573Occ ≈ 56%5★ (16)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Smokies ModernRustic Retreat: HotTub/Games/3Pools Cabin
| 4 bd · 4.5 ba · sleeps 12 | $67,438 | $515 | 36% | 4.9★ (119) | 456 ft | AirbnbVrbo |
Rooftop Swim Spa | Game Room | Views | Sleeps 12 Chalet
| 4 bd · 4.5 ba · sleeps 12 | $110,247 | $717 | 42% | 5★ (35) | 0.1 mi | AirbnbVrbo |
Gatlinburg Starry Night Chalet
| 4 bd · 4.5 ba · sleeps 12 | $148,768 | $932 | 44% | 5★ (10) | 0.2 mi | AirbnbVrbo |
Indoor pool, mtn views, hot tub, ensuites & games. Cabin
| 4 bd · 4.5 ba · sleeps 11 | $107,237 | $469 | 63% | 4.9★ (132) | 0.2 mi | AirbnbVrbo |
4BR Luxury Cabin / Mt Views / Game Rm / Playground Cabin
| 4 bd · 4.5 ba · sleeps 10 | $64,739 | $526 | 34% | 5★ (5) | 0.2 mi | AirbnbVrbo |
Longview Lodge - Mountain Views, Game room Cabin
| 4 bd · 4.5 ba · sleeps 12 | $63,625 | $501 | 35% | 5★ (7) | 0.2 mi | AirbnbVrbo |
Sunrise Over the Smokies - Views, Hot Tub + More! Cabin
| 4 bd · 4.5 ba · sleeps 12 | $94,404 | $451 | 57% | 4.5★ (53) | 0.2 mi | AirbnbVrboBooking |
Incredible Views-Pool-Elevator! Cabin
| 4 bd · 4.5 ba · sleeps 12 | $186,254 | $634 | 80% | 5★ (70) | 0.2 mi | AirbnbVrbo |
New Luxury Cabin (spectacular view of Mount LaConte) House
| 4 bd · 3.5 ba · sleeps 12 | $116,321 | $573 | 56% | 5★ (16) | 0.2 mi | Vrbo |
Mt LeConte Views • 3 Kings • Sleeps 12 • Hot Tub Cabin
| 4 bd · 3.5 ba · sleeps 12 | $93,601 | $525 | 49% | 4.9★ (161) | 0.3 mi | AirbnbVrboBooking |
Show 25 more
Former 2024 Eggo House of Pancakes- 4 Bedrooms
Cabin · 4 bd · 5 ba · sleeps 10 · 0.4 mi
Revenue $33,159ADR $293Occ ≈ 31%4.7★ (80)
Luxury Cozy Cabin with Swimming Pool, Hot-tub and Stunning Panoramic Views in Gatlinburg, Tennessee
Cabin · 4 bd · 4 ba · sleeps 10 · 0.4 mi
Revenue $63,847ADR $1,772Occ ≈ 10%—
Mtn View Cabin W Balcony, Sleeps 10・Hot Tub・Grill
Cabin · 4 bd · 4 ba · sleeps 10 · 0.5 mi
Revenue $15,757ADR $270Occ ≈ 16%—
Delisted
MT VIEW, HOT TUB, GAME ROOM, THEATER, GREAT LOCATION!!!
House · 4 bd · 3.5 ba · sleeps 12 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $87,682ADR $490Occ ≈ 49%5★ (44)
Movie theater, game room hot tub! New cabin!
Cabin · 4 bd · 5 ba · sleeps 10 · 0.5 mi
Revenue $125,643ADR $492Occ ≈ 70%5★ (250)
Gatlinburg Pool Cabin w/Theater, 2 Game Rooms, Fire Table & Fab Views!
Cabin · 4 bd · 4.5 ba · sleeps 12 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $178,871ADR $644Occ ≈ 76%4.9★ (41)
Sky Ridge Mountain View Wheelchair Accessible and Swim Spa
Vacation home · 4 bd · 4 ba · sleeps 12 · 0.6 mi
Revenue $123,305ADR $532Occ ≈ 64%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Majestic View Lodge- near Gatlinburg, must see! Cabin
| 4 bd · 4 ba · sleeps 12 | $81,970 | $429 | 52% | 4.8★ (78) | 0.3 mi | AirbnbVrboBooking |
Firepit-Mini Golf-Gameroom-3 King Suites-MTN Views Chalet
| 4 bd · 4.5 ba · sleeps 10 | $138,796 | $464 | 82% | 5★ (57) | 0.3 mi | AirbnbVrbo |
Apres Chalet: Pool*Hot Tub*Wi-Fi*Fire Pit*Putt-Putt Cabin
| 4 bd · 4.5 ba · sleeps 12 | $160,448 | $921 | 48% | 5★ (3) | 0.3 mi | AirbnbVrbo |
Porch: Luxury Cabin w/ Hot Tub & Mountain Views Cabin
| 4 bd · 5.5 ba · sleeps 12 | $97,910 | $568 | 47% | 4.8★ (15) | 0.3 mi | AirbnbVrbo |
MLH: Dog-Friendly Cabin w/ Hot Tub & Game Room Cabin
| 4 bd · 4 ba · sleeps 11 | $46,958 | $374 | 34% | 4.6★ (21) | 0.4 mi | AirbnbVrbo |
3 En-Suites •Views •Near TOWN •EV Charger •Pets OK Cabin
| 4 bd · 3.5 ba · sleeps 12 | $73,093 | $379 | 53% | 4.8★ (37) | 0.4 mi | AirbnbVrbo |
HuckleBEARy Hangout - 3/3.5 w/Loft - Sleeps 12 House
| 4 bd · 3.5 ba · sleeps 12 | $89,276 | $503 | 49% | 5★ (58) | 0.4 mi | AirbnbVrbo |
Former 2024 Eggo House of Pancakes- 4 Bedrooms Cabin | 4 bd · 5 ba · sleeps 10 | $33,159 | $293 | 31% | 4.7★ (80) | 0.4 mi | Airbnb |
Unobstructed Views, Luxury 4BR Cabin. Cabin
| 4 bd · 4.5 ba · sleeps 10 | $87,367 | $433 | 55% | 4.8★ (118) | 0.4 mi | AirbnbVrboBooking |
Luxury Cozy Cabin with Swimming Pool, Hot-tub and Stunning Panoramic Views in Gatlinburg, Tennessee Cabin | 4 bd · 4 ba · sleeps 10 | $63,847 | $1,772 | 10% | — | 0.4 mi | Booking |
See NYE Fireworks from 3Decks-LuxuryPanoramicViews Cabin
| 4 bd · 5 ba · sleeps 10 | $43,003 | $473 | 25% | 5★ (17) | 0.5 mi | AirbnbVrboBooking |
Mtn View Cabin W Balcony, Sleeps 10・Hot Tub・Grill Cabin | 4 bd · 4 ba · sleeps 10 | $15,757 | $270 | 16% | — | 0.5 mi | Delisted |
MT VIEW, HOT TUB, GAME ROOM, THEATER, GREAT LOCATION!!! House
| 4 bd · 3.5 ba · sleeps 12 | $87,682 | $490 | 49% | 5★ (44) | 0.5 mi | Vrbo |
Mtn View Cabin W Balcony, Sleeps 10・Hot Tub・Grill Cabin | 4 bd · 3.5 ba · sleeps 10 | $48,845 | $364 | 37% | 4.7★ (16) | 0.5 mi | AirbnbBooking |
Movie theater, game room hot tub! New cabin! Cabin | 4 bd · 5 ba · sleeps 10 | $125,643 | $492 | 70% | 5★ (250) | 0.5 mi | Airbnb |
Jaw dropping views, hot tub, pool table, gorgeous! House
| 4 bd · 4 ba · sleeps 10 | $88,481 | $576 | 42% | 4.8★ (32) | 0.5 mi | AirbnbVrbo |
Gatlinburg Pool Cabin w/Theater, 2 Game Rooms, Fire Table & Fab Views! Cabin
| 4 bd · 4.5 ba · sleeps 12 | $178,871 | $644 | 76% | 4.9★ (41) | 0.5 mi | Vrbo |
4King Suites w/Theater-Game Room-Pools-Mtn Views Cabin
| 4 bd · 5 ba · sleeps 12 | $236,481 | $712 | 91% | 5★ (97) | 0.5 mi | AirbnbVrbo |
Gatlinburg Cabin | Hot Tub, Game Room, Mtn Views Cabin
| 4 bd · 4.5 ba · sleeps 12 | $111,690 | $584 | 52% | 4.9★ (116) | 0.6 mi | AirbnbVrbo |
Highcrest Luxury Mountain Retreat | Panoramic View House
| 4 bd · 4 ba · sleeps 10 | $51,267 | $581 | 24% | 5★ (5) | 0.6 mi | AirbnbVrboBooking |
Skinny-Dippin - Indoor Heated Pool, Dog Friendly Cabin
| 4 bd · 4 ba · sleeps 10 | $96,383 | $388 | 68% | 4.5★ (117) | 0.6 mi | AirbnbVrbo |
Luxury Cabin Vibes Pool, Air Hockey, 2 Fireplace! Cabin
| 4 bd · 3.5 ba · sleeps 12 | $102,387 | $579 | 48% | 4.9★ (26) | 0.6 mi | AirbnbVrbo |
Fall Price Drop! Hot tub + Outdoor Dining Cabin
| 4 bd · 4 ba · sleeps 12 | $104,687 | $453 | 63% | 5★ (199) | 0.6 mi | AirbnbVrbo |
Sky Ridge Mountain View Wheelchair Accessible and Swim Spa Vacation home | 4 bd · 4 ba · sleeps 12 | $123,305 | $532 | 64% | — | 0.6 mi | Booking |
Cabin with Swim Spa, Mountain Views & Games Cabin
| 4 bd · 3.5 ba · sleeps 12 | $171,043 | $625 | 75% | 4.8★ (169) | 0.6 mi | AirbnbVrbo |
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 7.99% = 7.24% Freddie Mac 30-yr avg (Oct 29) + 0.75% investor premium
Est. revenue
$119,055
NOI
$71,205
Cash flow /mo
$271
Cash needed
$327,700
Cash-on-cash
1.0%
ROE (yr 1)
12.4%
Cap rate
6.9%
DSCR
1.05
Year-1 write-off
$203,325
Year-1 tax shield @ 32%
$65,064
Year-1 return on equity
- Cash flow (annual)$3,249
- Principal paydown$6,466
- Appreciation at%$30,900
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)$23,811
- Platform fees (3% of revenue)$3,572
- Maintenance / capex (5% of revenue)$5,953
- Utilities & supplies$4,200
- HOA$588
- Property tax$3,547
- Insurance (STR-rated)$6,180
Cash needed to close
- Down payment (25%)$257,500
- Closing costs (4.0%)$41,200
- Furnishing (bought new)$29,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$65,064
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
$925,000
Short-life (5/15-yr)
$174,000 · 19%
Year-1 deduction
$203,000
Year-1 tax shield @ 32%
$65,000
Land 10% (county tax record, market value split) · building $752,000 over 39 years · new furniture $29,000
Based on: 4,032 sq ft, built 2019, 4 bd / 4.5 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, stone counters, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $117,000 in year 1 (9% short-life, $38,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $15,900
Kitchen cabinetsdefault
$14,600 new × 72% good × 1.51 allocation
- $16,200
Kitchen countertops (stone)listing
$15,000 new × 72% good × 1.51 allocation
- $7,600
Decorative trimdefault
$7,100 new × 72% good × 1.51 allocation
- $400
Mirrorsdefault
$600 new × 42% good × 1.51 allocation
- $1,600
Shelvingdefault
$1,500 new × 72% good × 1.51 allocation
- $6,000
Window coverings (40)default
$10,000 new × 40% good × 1.51 allocation
- $16,300
Carpet, vinyl & laminate (100% of floors)listing
$25,900 new × 42% good × 1.51 allocation
- $14,700
Kitchen & laundry equipment plumbingdefault
$11,400 new × 86% good × 1.51 allocation
- $8,900
Kitchen, laundry & data equipment electricaldefault
$6,900 new × 86% good × 1.51 allocation
- $3,700
Appliances (microwave, dishwasher, refrigerator, washer, dryer)listing
$5,900 new × 42% good × 1.51 allocation
- $5,400
Hot tub (freestanding)listing
$9,000 new × 40% good × 1.51 allocation
- $23,000
Furniture bought newlisting
$23,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $14,300
Paving: driveway & walks (paved)default
$13,200 new × 72% good × 1.51 allocation
- $13,700
Landscaping (typical)default
$12,700 new × 72% good × 1.51 allocation
- $4,300
Patiosdefault
$4,000 new × 72% good × 1.51 allocation
- $44,400
Decks & porches (attached)listing
$45,400 new × 65% good × 1.51 allocation
- $583,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$438,500 new × 88% good × 1.51 allocation
- $58,900
Building plumbing & fixturesdefault
$45,500 new × 86% good × 1.51 allocation
- $62,600
Building electrical & lightingdefault
$48,400 new × 86% good × 1.51 allocation
- $44,500
HVACdefault
$45,400 new × 65% good × 1.51 allocation
- $2,900
Fireplacelisting
$2,600 new × 72% good × 1.51 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $125,800 | $76,700 | $800 | $203,300 |
| 2 | $0 | $0 | $19,300 | $19,300 |
| 3 | $0 | $0 | $19,300 | $19,300 |
| 4 | $0 | $0 | $19,300 | $19,300 |
| 5 | $0 | $0 | $19,300 | $19,300 |
| 6+ | $0 | $0 | $674,000 | $674,000 |
| Total | $125,800 | $76,700 | $751,900 | $954,500 |
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.