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1757 Mountain Shadows Way

1757 Mountain Shadows Way

Gatlinburg, TN 37738

$999,000

4 bd · 4 ba · 2,288 sqft · Listed 1d ago

View on Realtor.com →

Year built

2006

Sqft

2,288

Lot sqft

—

HOA / mo

$92

Furnished

No

List date

2026-09-28T16:41:50.000000Z

Revenue

Annual revenue

$75,133

ADR

$335

Occupancy

61%

Cleaning fees (12 mo)

$15,489

Confidence

Low (47.17), 50 comps

Comp revenue range (p25 / median / p75)

$36,376$53,135$71,844
  • WOW! Your Perfect Smokies Vacation Starts Here!

    Cabin · 4 bd · 4 ba · sleeps 10 · 16 ft

    Revenue $87,218ADR $338Occ ≈ 71%4.9★ (217)

    AirbnbVrboBooking

  • Gatlinburg Cabin-4mi to town-HotTub-Gameroom-Pool

    Cabin · 4 bd · 3 ba · sleeps 12 · 36 ft

    Revenue $96,712ADR $355Occ ≈ 75%4.9★ (111)

    AirbnbVrbo

  • Gentle Ben's Den | Hot Tub, Game Room, Pool Access

    Cabin · 4 bd · 3 ba · sleeps 12 · 89 ft

    Revenue $65,546ADR $388Occ ≈ 46%4.1★ (98)

    AirbnbVrboBooking

  • In the Woods - log cabin w/hot tub, game room, BBQ

    Cabin · 4 bd · 3 ba · sleeps 10 · 102 ft

    Revenue $61,221ADR $380Occ ≈ 44%5★ (191)

    AirbnbVrbo

  • Mountain Dreams | Theater, Hot Tub, Pool Access!

    Cabin · 4 bd · 3 ba · sleeps 11 · 148 ft

    Revenue $75,035ADR $351Occ ≈ 59%4★ (85)

    AirbnbVrboBooking

  • Custom Log Home with EV Charging Station, Game Roo

    Cabin · 4 bd · 3 ba · sleeps 12 · 200 ft

    Revenue $105,586ADR $424Occ ≈ 68%4.1★ (27)

    AirbnbVrboBooking

  • Relaxing With a View by American Patriot Getaways

    Vacation home · 4 bd · 4 ba · sleeps 8 · 207 ft

    Revenue $69,780ADR $405Occ ≈ 47%—

    Booking

  • Sleeps 14 | 3 Kings, Game Room + Hot Tub

    Cabin · 4 bd · 4 ba · sleeps 14 · 217 ft

    Revenue $103,422ADR $411Occ ≈ 69%4.7★ (29)

    AirbnbVrbo

  • Mountain Dreams

    Cabin · 4 bd · 3 ba · sleeps 11 · 236 ft

    Revenue $14,854ADR $414Occ ≈ 10%—

    Airbnb

  • Moody Mountain Lodge | Hot Tub & Views

    House · 4 bd · 3 ba · sleeps 12 · 266 ft

    Revenue $99,812ADR $401Occ ≈ 68%4.9★ (60)

    AirbnbVrboBooking

Show all 50 comps
  • Incredible Views - Resort Amenities

    Cabin · 4 bd · 4 ba · sleeps 12 · 289 ft

    Revenue $27,989ADR $381Occ ≈ 20%4.5★ (2)

    AirbnbVrboBooking

  • 4-bedroom 4 Bath Cabin with Amazing Views & Minutes to Downtown Gatlinburg

    Cabin · 4 bd · 4 ba · sleeps 10 · 305 ft

    Revenue $2,629ADR $375Occ ≈ 2%—

    Vrbo

  • Epic Views, Perfect Location, Fast WiFi

    Cabin · 4 bd · 4 ba · sleeps 10 · 417 ft

    Revenue $107,525ADR $417Occ ≈ 71%4.9★ (243)

    AirbnbVrboBooking

  • Fall Spls! Views, Hot Tub, Arcade, Resort Pools

    Cabin · 4 bd · 4 ba · sleeps 13 · 427 ft

    Revenue $42,808ADR $388Occ ≈ 30%4.9★ (21)

    AirbnbVrboBooking

  • Free tickts,NEW!,4/4Gatlinburg,pool close,arcade

    Cabin · 4 bd · 4 ba · sleeps 11 · 440 ft

    Revenue $72,532ADR $424Occ ≈ 47%4.8★ (9)

    AirbnbVrboBooking

  • 211 Misty Mountain Getaway

    Cabin · 4 bd · 4 ba · sleeps 11 · 440 ft

    Revenue $62,227ADR $380Occ ≈ 45%—

    Airbnb

  • New! 212 Misty Mountain View

    Cabin · 4 bd · 4 ba · sleeps 12 · 466 ft

    Revenue $29,575ADR $468Occ ≈ 17%—

    AirbnbVrboBooking

  • Misty Mountain View @Smokies #DirectOwners

    Cabin · 4 bd · 4 ba · sleeps 12 · 466 ft

    Revenue $84,039ADR $377Occ ≈ 61%4.9★ (42)

    AirbnbVrbo

  • Hot Tub & Dolly Tickets - Gatlinburg Cabin Retreat

    Cabin · 4 bd · 4 ba · sleeps 12 · 466 ft

    Revenue $40,907ADR $420Occ ≈ 27%5★ (3)

    Airbnb

  • 8 bed cabin in Gatlinbrg, Free tickts,Close 2 pool

    Cabin · 4 bd · 4 ba · sleeps 12 · 466 ft

    Revenue $66,608ADR $497Occ ≈ 37%5★ (4)

    AirbnbVrbo

  • Gatlinburg Cabin · Hot Tub · Games · Resort Pool

    Cabin · 4 bd · 3 ba · sleeps 12 · 499 ft

    Revenue $35,349ADR $391Occ ≈ 25%4.8★ (16)

    AirbnbVrbo

  • Relaxing with a View*Gatlinburg*Sleeps 8*Game Room

    Cabin · 4 bd · 4 ba · sleeps 8 · 0.1 mi

    Revenue $50,210ADR $405Occ ≈ 34%4.5★ (10)

    AirbnbVrbo

  • Christmas Specials! Hot Tub, Gatlinburg 10 mins!

    Cabin · 4 bd · 3 ba · sleeps 16 · 0.1 mi

    Revenue $57,343ADR $395Occ ≈ 40%4.8★ (79)

    AirbnbVrbo

  • Black Beary Lodge・Game Room・Hot Tub・Community Pool

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.1 mi

    Revenue $15,050ADR $407Occ ≈ 10%4★ (1)

    AirbnbVrboBooking

  • Bear Trax

    Vacation home · 4 bd · 3 ba · sleeps 9 · 0.1 mi

    Revenue $26,941ADR $211Occ ≈ 35%—

    Booking

  • Bear Trax

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.1 mi

    Revenue $68,755ADR $277Occ ≈ 68%3.4★ (3)

    AirbnbVrbo

  • 8 Min to Gatlinburg |Prime Location| HotTub & Pets

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.1 mi

    Revenue $1,040ADR $260Occ ≈ 1%5★ (1)

    Airbnb

  • Bear Trax Retreat | Fireplace, Grill, & Arcade!

    Cabin · 4 bd · 3 ba · sleeps 9 · 0.1 mi

    Revenue $39,457ADR $350Occ ≈ 31%3.5★ (10)

    AirbnbVrbo

  • Mountain Views Hot tub-pool table- Huge porch!

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.2 mi

    Revenue $94,181ADR $458Occ ≈ 56%5★ (278)

    AirbnbVrbo

  • Mountain View Cabin with Hot Tub, Resort Pools

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.2 mi

    Revenue $89,925ADR $326Occ ≈ 76%4.8★ (277)

    Airbnb

  • Book NOW and receive tickets to Dollywood, Anakeesta and many more

    Cabin · 4 bd · 4 ba · sleeps 10 · 0.2 mi

    Revenue $55,976ADR $316Occ ≈ 49%4.8★ (132)

    Vrbo

  • Near Downtown/Spacious/Games

    Cabin · 4 bd · 3 ba · sleeps 10 · 0.2 mi

    Revenue $63,480ADR $440Occ ≈ 40%4.9★ (43)

    AirbnbVrbo

  • 4BR, game room, theater!

    Cabin · 4 bd · 3 ba · sleeps 8 · 0.2 mi

    Revenue $17,789ADR $324Occ ≈ 15%4.4★ (13)

    AirbnbVrboBooking

  • Hidden Hills Escape

    House · 4 bd · 3 ba · sleeps 11 · 0.3 mi

    Revenue $10,368ADR $299Occ ≈ 10%5★ (2)

    AirbnbVrbo

  • 3 miles to Main Street Gatlinburg and Anakeesta

    Cabin · 4 bd · 3 ba · sleeps 12 · 0.3 mi

    Revenue $80,583ADR $370Occ ≈ 60%5★ (60)

    AirbnbVrboBooking

  • Modern Mountain Escape – Luxury 3-Suite Chalet with Game Room & Hot Tub

    Vacation home · 4 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $42,297ADR $366Occ ≈ 32%5★ (1)

    Booking

  • Selah by Eden Crest

    Chalet · 4 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $57,582ADR $365Occ ≈ 43%1.5★ (1)

    Booking

  • Aqua Vitae

    Chalet · 4 bd · 4 ba · sleeps 8 · 0.3 mi

    Revenue $42,217ADR $360Occ ≈ 32%—

    Booking

  • Selah - Lux 3-Suite Chalet, Game Room, EV Charger

    Chalet · 4 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $26,923ADR $377Occ ≈ 20%5★ (4)

    AirbnbVrboBooking

  • 4BR, game room, theater!

    Cabin · 4 bd · 3 ba · sleeps 8 · 0.3 mi

    Revenue $39,703ADR $297Occ ≈ 37%5★ (1)

    Airbnb

  • 4BR, Indoor pool, themed bedrooms, game room, hot

    Chalet · 4 bd · 4.5 ba · sleeps 11 · 0.3 mi

    Revenue $47,123ADR $449Occ ≈ 29%5★ (7)

    Airbnb

  • Luxury and indoor pool Fun at Splash Mansion

    Cabin · 4 bd · 4.5 ba · sleeps 10 · 0.3 mi

    Revenue $120,981ADR $520Occ ≈ 64%4.5★ (62)

    AirbnbVrboBooking

  • Private indoor pool, New Resort Pool, Plus over

    Cabin · 4 bd · 4.5 ba · sleeps 10 · 0.3 mi

    Revenue $18,066ADR $311Occ ≈ 16%4.8★ (2)

    AirbnbBooking

  • 4BR, indoor pool, hot tub, game room.

    Cabin · 4 bd · 5 ba · sleeps 10 · 0.3 mi

    Revenue $49,852ADR $452Occ ≈ 30%4.7★ (78)

    AirbnbVrbo

  • Luxury and indoor pool Fun at Splash Mansion

    Cabin · 4 bd · 5 ba · sleeps 10 · 0.3 mi

    Revenue $55,836ADR $464Occ ≈ 33%4.8★ (23)

    Airbnb

  • Serene Oasis | Luxe 4BR Chalet w/ Indoor Pool, The

    Chalet · 4 bd · 5 ba · sleeps 10 · 0.4 mi

    Revenue $42,151ADR $457Occ ≈ 25%4.8★ (8)

    AirbnbVrboBooking

  • Poolside Paradise | Luxe 4BR Chalet w/ Indoor Pool

    Chalet · 4 bd · 5 ba · sleeps 10 · 0.4 mi

    Revenue $35,027ADR $457Occ ≈ 21%4★ (2)

    AirbnbVrboBooking

  • 4BR, indoor pool, game room, hot tub!

    Cabin · 4 bd · 5 ba · sleeps 10 · 0.4 mi

    Revenue $50,433ADR $427Occ ≈ 32%4.6★ (51)

    AirbnbVrbo

  • 4BR, indoor pool, game rooms, hot tub. Free

    Cabin · 4 bd · 4.5 ba · sleeps 10 · 0.4 mi

    Revenue $64,659ADR $489Occ ≈ 36%4.2★ (105)

    AirbnbVrbo

  • Splash Mountain Lodge – Luxury 4BR Indoor Pool, Ga

    Chalet · 4 bd · 5 ba · sleeps 10 · 0.4 mi

    Revenue $42,984ADR $444Occ ≈ 27%4.2★ (6)

    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

Financing

Est. revenue

$75,133

NOI

$39,750

Cash flow /mo

$3,312

Cash needed

$1,067,960

Cash-on-cash (all cash)

3.7%

ROE (yr 1)

6.5%

Cap rate

4.0%

DSCR

—

Year-1 write-off

$211,469

Year-1 tax shield @ 32%

$67,670

Year-1 return on equity

  • Cash flow (annual)$39,750
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$29,970
ROE6.5%
ROE incl. year-1 tax savings (32% bracket, STR loophole)12.9%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$15,027
  • Platform fees (3% of revenue)$2,254
  • Maintenance / capex (5% of revenue)$3,757
  • Utilities & supplies$4,200
  • HOA$1,104
  • Property tax$3,048
  • Insurance (STR-rated)$5,994

Cash needed to close

  • Purchase price (all cash)$999,000
  • Closing costs (4.0%)$39,960
  • Furnishing (bought new)$29,000

Tax savings if the STR loophole applies

  • Tax shield @ 32%$67,670

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

$962,000

Short-life (5/15-yr)

$180,000 · 19%

Year-1 deduction

$211,000

Year-1 tax shield @ 32%

$68,000

Land 4% (county tax record, market value split) · building $782,000 over 39 years · new furniture $29,000

Based on: 2,288 sq ft, built 2006, 4 bd / 4 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).

IRS-guide safe-harbor floor: $129,000 in year 1 (10% short-life, $41,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$124,500
  • Kitchen cabinetsdefault

    $10,800 new × 40% good × 3.56 allocation

    $15,400
  • Kitchen countertopsdefault

    $8,800 new × 40% good × 3.56 allocation

    $12,600
  • Decorative trimdefault

    $4,000 new × 40% good × 3.56 allocation

    $5,700
  • Mirrorsdefault

    $600 new × 40% good × 3.56 allocation

    $900
  • Shelvingdefault

    $1,500 new × 40% good × 3.56 allocation

    $2,100
  • Window coverings (23)default

    $5,800 new × 40% good × 3.56 allocation

    $8,200
  • Kitchen & laundry equipment plumbingdefault

    $8,400 new × 60% good × 3.56 allocation

    $18,000
  • Kitchen, laundry & data equipment electricaldefault

    $5,100 new × 60% good × 3.56 allocation

    $10,900
  • Appliances (microwave, dishwasher, disposal, refrigerator, washer, dryer)listing

    $6,300 new × 40% good × 3.56 allocation

    $9,000
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 3.56 allocation

    $12,800
  • Furniture bought newlisting

    $23,000 new × 100% good · bought separately

    $23,000
  • Game-room equipment bought newlisting

    $6,000 new × 100% good · bought separately

    $6,000
15-year land improvements$84,500
  • Paving: driveway & walks (paved)default

    $9,900 new × 50% good × 3.56 allocation

    $17,600
  • Landscaping (typical)default

    $9,500 new × 50% good × 3.56 allocation

    $17,000
  • Patiosdefault

    $2,300 new × 50% good × 3.56 allocation

    $4,000
  • Decks & porches (attached)listing

    $25,700 new × 50% good × 3.56 allocation

    $45,800
Building, 39-year$782,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $247,900 new × 67% good × 3.56 allocation

    $588,300
  • Building plumbing & fixturesdefault

    $25,800 new × 60% good × 3.56 allocation

    $55,000
  • Building electrical & lightingdefault

    $26,300 new × 60% good × 3.56 allocation

    $56,100
  • HVACdefault

    $25,800 new × 40% good × 3.56 allocation

    $36,700
  • Hardwood & tile floorsdefault

    $14,700 new × 40% good × 3.56 allocation

    $21,000
  • Fireplacelisting

    $2,600 new × 40% good × 3.56 allocation

    $3,700
  • Septic systemlisting

    $12,000 new × 50% good × 3.56 allocation

    $21,400

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$124,500$84,500$2,500$211,500
2$0$0$20,100$20,100
3$0$0$20,100$20,100
4$0$0$20,100$20,100
5$0$0$20,100$20,100
6+$0$0$699,500$699,500
Total$124,500$84,500$782,200$991,200

The building's share of the price ($962,000) is 3.6x our depreciated replacement cost of the home ($270,000). 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 and Georgia 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.