306 Circle Dr N
Gatlinburg, TN 37738
$529,000
2 bd · 2 ba · 1,360 sqft · Listed 1d ago
View on Realtor.com →Year built
2017
Sqft
1,360
Lot sqft
37,462
HOA / mo
$0
Furnished
No
List date
2026-10-18T20:40:20.000000Z
Revenue
Annual revenue
$32,565
ADR
$146
Occupancy
61%
Cleaning fees (12 mo)
$6,546
Confidence
Med (56.97), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $30,055
Peaceful Escape/15min walk DT Gatlinburg/sleeps6
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 213 ft
Revenue $42,409ADR $134Occ ≈ 87%5★ (481)
Space Needle views/sleeps6/Gatlinburg/freeparking
Apartment · 2 bd · 2 ba · sleeps 6 · 322 ft
Revenue $36,677ADR $128Occ ≈ 79%5★ (156)
Scenic Views, Outdoor Pool and walk to the Strip!
Condominium (condo) · 2 bd · 2 ba · sleeps 5 · 325 ft
Revenue $44,127ADR $156Occ ≈ 77%4.8★ (210)
Turkey Nest by Beyond Expectations: Renovated 2BR
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 364 ft
Revenue $5,235ADR $130Occ ≈ 11%—
Windy Oaks Condo by Avada Properties
Vacation home · 2 bd · 2 ba · sleeps 6 · 489 ft
Revenue $33,810ADR $124Occ ≈ 75%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Peaceful Escape/15min walk DT Gatlinburg/sleeps6 Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $42,409 | $134 | 87% | 5★ (481) | 213 ft | Airbnb |
Relaxing Mountain Condo with City view ! Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $22,412 | $236 | 26% | 4.5★ (122) | 292 ft | AirbnbBooking |
Space Needle views/sleeps6/Gatlinburg/freeparking Apartment | 2 bd · 2 ba · sleeps 6 | $36,677 | $128 | 79% | 5★ (156) | 322 ft | Airbnb |
Scenic Views, Outdoor Pool and walk to the Strip! Condominium (condo) | 2 bd · 2 ba · sleeps 5 | $44,127 | $156 | 77% | 4.8★ (210) | 325 ft | Airbnb |
Cozy 2 bed 2 bath condo in the heart of Gatlinburg Apartment
| 2 bd · 2 ba · sleeps 6 | $11,700 | $217 | 15% | 4.9★ (6) | 351 ft | AirbnbVrboBooking |
Turkey Nest by Beyond Expectations: Renovated 2BR Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $5,235 | $130 | 11% | — | 364 ft | Airbnb |
Snoring Bear Condo At Gatlinburg walk to downtown! Apartment
| 2 bd · 2 ba · sleeps 6 | $53,501 | $239 | 61% | 5★ (254) | 367 ft | AirbnbVrbo |
⭐Gatlinburg Luxury Condo⭐ | Mountain Views, Pool Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $11,238 | $267 | 12% | 5★ (146) | 397 ft | AirbnbVrbo |
Over Gatlinburg Condo Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $27,417 | $280 | 27% | 4.2★ (12) | 476 ft | AirbnbVrbo |
Windy Oaks Condo by Avada Properties Vacation home | 2 bd · 2 ba · sleeps 6 | $33,810 | $124 | 75% | — | 489 ft | Booking |
Show 40 more
Bearland Getaway/freeparking/Gatlinburg/sleeps6
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $22,733ADR $127Occ ≈ 49%5★ (41)
Gatlinburg Views and Close to Downtown!
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi
Revenue $40,416ADR $144Occ ≈ 77%4.8★ (244)
Downtown 2BR Waterview | Free Attraction Tickets
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $32,863ADR $228Occ ≈ 39%4.8★ (88)
Uptown Gatlinburg Getaway
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.1 mi
Revenue $28,530ADR $260Occ ≈ 30%4.5★ (18)
Walk to Downtown Gatlinburg - 4 minute walk - No Parking Hassles - Stunning View
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 0.1 mi
- Hot tub
- Pool
- A/C
- Free parking
- +4
Revenue $33,256ADR $242Occ ≈ 38%4.6★ (179)
Laurel Inn Condominiums - Gatlinburg Getaway
Apartment · 2 bd · 1 ba · sleeps 4 · 0.1 mi
Revenue $25,537ADR $230Occ ≈ 30%—
Downtown 2BR | Pool | Free Attraction Tickets
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $55,990ADR $422Occ ≈ 36%4.8★ (178)
2BR Waterview Downtown | Free Attraction Tickets
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $34,623ADR $244Occ ≈ 39%4.8★ (132)
Elegant 2BR w/ Free Attraction Tickets & Views
Condominium (condo) · 2 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $16,367ADR $240Occ ≈ 19%4.8★ (100)
Ideally located Condo w/ Free Attraction Tickets
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $15,890ADR $243Occ ≈ 18%4.8★ (100)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
15 Min Walk To Downtown Gatlinburg Cozy Condo Condominium (condo) | 2 bd · 2 ba · sleeps 5 | $36,690 | $143 | 70% | 4.9★ (174) | 492 ft | AirbnbVrbo |
Renovated 2BR Condo w/ Top-Floor Mtn Views Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $38,787 | $183 | 58% | 4.7★ (218) | 492 ft | AirbnbVrboBooking |
Gorgeous Views, walking distance to DT Gatlinburg Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $58,211 | $203 | 79% | 4.9★ (143) | 492 ft | AirbnbVrbo |
Mountain View 2BR Condo - No Cleaning Fee-Downtown Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $22,884 | $119 | 53% | 4.8★ (118) | 492 ft | AirbnbVrbo |
Mountain Views! 2BR w/ free attraction tickets Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $22,359 | $176 | 35% | 4.5★ (39) | 518 ft | AirbnbVrboBooking |
Bearland Getaway/freeparking/Gatlinburg/sleeps6 Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $22,733 | $127 | 49% | 5★ (41) | 0.1 mi | Airbnb |
Walk to Christmas on the Parkway-FREE parking Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $31,579 | $185 | 47% | 4.8★ (136) | 0.1 mi | AirbnbVrbo |
Gorgeous Downtown Gatlinburg w/Views and Pool! Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $39,555 | $141 | 77% | 4.8★ (233) | 0.1 mi | AirbnbVrbo |
*Charming 2bd Retreat! Pool +Wifi +Great location* Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $34,594 | $168 | 56% | 4.5★ (141) | 0.1 mi | AirbnbVrbo |
Laurel Inn 404 2BR Condo Balcony Close to Downtown Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $40,027 | $166 | 66% | 4.8★ (61) | 0.1 mi | AirbnbVrbo |
LI 501 2BR Condo w/ Balcony Close to Downtown Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $32,252 | $172 | 51% | 4.6★ (50) | 0.1 mi | AirbnbVrbo |
Laurel Inn 401 2BR Condo w/ Private Balcony Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $26,661 | $164 | 45% | 4.5★ (42) | 0.1 mi | AirbnbVrbo |
Gatlinburg Views and Close to Downtown! Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $40,416 | $144 | 77% | 4.8★ (244) | 0.1 mi | Airbnb |
Bear-Sighting Condo: Walk to Downtown Gatlinburg! Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $46,745 | $169 | 76% | 4.8★ (165) | 0.1 mi | AirbnbVrboBooking |
Beautiful Mountain Views-2BD/2BA Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $43,943 | $177 | 68% | 4.9★ (48) | 0.1 mi | AirbnbVrbo |
Cozy Condo・Near Downtown・Mtn/City View・Pool Access Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $23,421 | $124 | 52% | 1★ (1) | 0.1 mi | AirbnbVrboBooking |
LI 602 2BR Condo w/Balcony Close to Downtown Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $32,959 | $171 | 53% | 4.8★ (95) | 0.1 mi | AirbnbVrbo |
Windy Oaks Condominium-1/2 mile off the parkway Apartment | 2 bd · 2 ba · sleeps 6 | $12,292 | $133 | 25% | 4.2★ (29) | 0.1 mi | AirbnbVrbo |
Luxe 2BR w/ Free Attraction Tickets, Pool, Hot Tub Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $34,667 | $242 | 39% | 4.7★ (87) | 0.1 mi | AirbnbVrbo |
Smoky Mountain Escape, Sleeps 6・Balcony・Pool Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $22,075 | $162 | 37% | 4.3★ (14) | 0.1 mi | AirbnbVrboBooking |
5min Walk to GBurg/Amazing Location/Mtn-City Views Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $38,991 | $182 | 59% | 5★ (300) | 0.1 mi | AirbnbVrbo |
Downtown 2BR Waterview | Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $32,863 | $228 | 39% | 4.8★ (88) | 0.1 mi | Airbnb |
Uptown Gatlinburg Getaway Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $28,530 | $260 | 30% | 4.5★ (18) | 0.1 mi | Airbnb |
Walk to Downtown Gatlinburg - 4 minute walk - No Parking Hassles - Stunning View Condominium (condo)
| 2 bd · 2 ba · sleeps 4 | $33,256 | $242 | 38% | 4.6★ (179) | 0.1 mi | Vrbo |
Laurel Inn Condominiums - Gatlinburg Getaway Apartment | 2 bd · 1 ba · sleeps 4 | $25,537 | $230 | 30% | — | 0.1 mi | Booking |
Private Jacuzzi, 2BR/2BA 15min walking Downtown Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $54,748 | $183 | 82% | 4.8★ (369) | 0.1 mi | AirbnbVrbo |
Inviting 2BR Mtn-view | Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $24,994 | $172 | 40% | 4.3★ (148) | 0.1 mi | AirbnbBooking |
Downtown 2BR | Pool | Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $55,990 | $422 | 36% | 4.8★ (178) | 0.2 mi | Airbnb |
Bearfoot Lodge | Downtown Gatlinburg | Free Parkin Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $26,684 | $262 | 28% | 4.5★ (37) | 0.2 mi | AirbnbVrboBooking |
Amazing 2BR Condo w/ Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $17,530 | $247 | 19% | 4.8★ (91) | 0.2 mi | AirbnbVrbo |
2BR Waterview Downtown | Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $34,623 | $244 | 39% | 4.8★ (132) | 0.2 mi | Airbnb |
Baskins Creek 307 | Family Condo Near Parkway Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $15,510 | $237 | 18% | 5★ (1) | 0.2 mi | AirbnbVrboBooking |
Elegant 2BR w/ Free Attraction Tickets & Views Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $16,367 | $240 | 19% | 4.8★ (100) | 0.2 mi | Airbnb |
Walk to Downtown, Hot Tub, Indoor Heated Pool Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $45,781 | $185 | 68% | 4.8★ (509) | 0.2 mi | AirbnbVrbo |
Ideally located Condo w/ Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $15,890 | $243 | 18% | 4.8★ (100) | 0.2 mi | Airbnb |
Baskins Creek 209 | Foothill Views Gatlinburg Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $14,776 | $211 | 19% | 4.8★ (7) | 0.2 mi | AirbnbVrboBooking |
Polished 2BR Waterview w/ Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 8 | $25,925 | $252 | 28% | 4.8★ (134) | 0.2 mi | AirbnbVrbo |
Baskins Creek 409-Downtown Gatlinburg-Hot Tub Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $15,705 | $226 | 19% | 5★ (2) | 0.2 mi | AirbnbVrboBooking |
Elegant Waterview Condo w/ Free Attraction Tickets Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $16,428 | $246 | 18% | 4.9★ (144) | 0.2 mi | AirbnbVrbo |
Baskins Creek 212 | Cozy Condo w/ Pool, Hot Tub Condominium (condo)
| 2 bd · 2 ba · sleeps 6 | $9,887 | $225 | 12% | 3.6★ (3) | 0.2 mi | 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
Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 15) + 0.75% investor premium
Est. revenue
$32,565
NOI
$14,446
Cash flow /mo
-$1,749
Cash needed
$169,410
Cash-on-cash
-12.4%
ROE (yr 1)
-1.1%
Cap rate
2.7%
DSCR
0.41
Year-1 write-off
$92,908
Year-1 tax shield @ 32%
$29,730
Year-1 return on equity
- Cash flow (annual)-$20,988
- Principal paydown$3,217
- Appreciation at%$15,870
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)$6,513
- Platform fees (3% of revenue)$977
- Maintenance / capex (5% of revenue)$1,628
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,627
- Insurance (STR-rated)$3,174
Cash needed to close
- Down payment (25%)$132,250
- Closing costs (4.0%)$21,160
- Furnishing (bought new)$16,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$29,730
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
$433,000
Short-life (5/15-yr)
$77,000 · 18%
Year-1 deduction
$93,000
Year-1 tax shield @ 32%
$30,000
Land 18% (county tax record, market value split) · building $356,000 over 39 years · new furniture $16,000
Based on: 1,360 sq ft, built 2017, 2 bd / 2 ba, unfurnished, listing features (flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $66,000 in year 1 (11% short-life, $21,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,700
Kitchen cabinetsdefault
$8,800 new × 64% good × 2.08 allocation
- $9,600
Kitchen countertopsdefault
$7,200 new × 64% good × 2.08 allocation
- $3,200
Decorative trimdefault
$2,400 new × 64% good × 2.08 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 2.08 allocation
- $1,200
Shelvingdefault
$900 new × 64% good × 2.08 allocation
- $2,900
Window coverings (14)default
$3,500 new × 40% good × 2.08 allocation
- $11,600
Kitchen & laundry equipment plumbingdefault
$6,800 new × 82% good × 2.08 allocation
- $7,000
Kitchen, laundry & data equipment electricaldefault
$4,100 new × 82% good × 2.08 allocation
- $5,800
Appliances (range, dishwasher, refrigerator, washer, dryer)listing
$7,000 new × 40% good × 2.08 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $10,200
Paving: driveway & walks (paved)default
$7,600 new × 64% good × 2.08 allocation
- $9,800
Landscaping (typical)default
$7,400 new × 64% good × 2.08 allocation
- $1,800
Patiosdefault
$1,300 new × 64% good × 2.08 allocation
- $1,500
Decks & porches (attached)default
$1,300 new × 55% good × 2.08 allocation
- $260,400
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$147,400 new × 85% good × 2.08 allocation
- $26,000
Building plumbing & fixturesdefault
$15,300 new × 82% good × 2.08 allocation
- $24,700
Building electrical & lightingdefault
$14,500 new × 82% good × 2.08 allocation
- $17,500
HVACdefault
$15,300 new × 55% good × 2.08 allocation
- $11,600
Hardwood & tile floorsdefault
$8,800 new × 64% good × 2.08 allocation
- $16,000
Septic systemlisting
$12,000 new × 64% good × 2.08 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $69,300 | $23,300 | $400 | $92,900 |
| 2 | $0 | $0 | $9,100 | $9,100 |
| 3 | $0 | $0 | $9,100 | $9,100 |
| 4 | $0 | $0 | $9,100 | $9,100 |
| 5 | $0 | $0 | $9,100 | $9,100 |
| 6+ | $0 | $0 | $319,300 | $319,300 |
| Total | $69,300 | $23,300 | $356,200 | $448,700 |
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.