3909 E Parkway
Gatlinburg, TN 37738
$650,000
3 bd · 2 ba · 1,495 sqft · Listed 1d ago
View on Realtor.com →Year built
1960
Sqft
1,495
Lot sqft
70,132
HOA / mo
$0
Furnished
No
List date
2026-10-19T19:31:24.000000Z
Revenue
Annual revenue
$47,238
ADR
$222
Occupancy
58%
Cleaning fees (12 mo)
$9,464
Confidence
Med (54.09), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $42,935
Smoky Mountain View! Cloudwalk Retreat Gatlinburg
Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi
Revenue $20,147ADR $805Occ ≈ 7%4.2★ (4)
Delisted
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Smoky Mountain View! Cloudwalk Retreat Gatlinburg Cabin | 3 bd · 3 ba · sleeps 8 | $20,147 | $805 | 7% | 4.2★ (4) | 0.3 mi | Delisted |
Serenity in Smokies• EPIC view •3K bed •area pool Condominium (condo)
| 3 bd · 3 ba · sleeps 8 | $32,096 | $274 | 32% | 5★ (27) | 0.3 mi | AirbnbVrbo |
Smoky Mtn Condo w/ Indoor Pool & Hot Tub Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $29,543 | $168 | 48% | 4.6★ (13) | 0.3 mi | AirbnbVrboBooking |
Mountain Views, Private Balcony, Pool, and Hot Tub Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $38,182 | $207 | 51% | 4.8★ (9) | 0.3 mi | AirbnbBooking |
Mountainview Condo w/ Indoor Pool & Hot Tub Access Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $57,279 | $241 | 65% | 4.8★ (105) | 0.3 mi | AirbnbVrboBooking |
Mountain View Cabin with Hot Tub & Game Room Cabin
| 3 bd · 3 ba · sleeps 8 | $88,100 | $334 | 72% | 4.8★ (245) | 0.4 mi | AirbnbVrboBooking |
Amazing Views, Indoor Pool, Basketball, & more! Condominium (condo)
| 3 bd · 2 ba · sleeps 6 | $12,347 | $234 | 14% | 4.8★ (4) | 0.4 mi | AirbnbVrbo |
Breathtaking mtn views. Indoor pool & hot tub Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $36,010 | $216 | 46% | 4.7★ (103) | 0.4 mi | AirbnbVrbo |
Sleeps 8 Pool Playground Mountain Views Hot Tub Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $50,755 | $209 | 67% | 4.8★ (26) | 0.4 mi | AirbnbVrbo |
Gatlinburg Mountain Condo w/ Pool, Hot Tub, Views Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $39,678 | $183 | 59% | 4.2★ (30) | 0.4 mi | AirbnbVrboBooking |
Show 37 more
Sleeps 6 Pool Playground Mountain Views Hot Tub
Condominium (condo) · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $14,719ADR $205Occ ≈ 20%4.6★ (15)
Delisted
Deer Ridge Mountain Resort E306
Apartment · 3 bd · 1 ba · sleeps 6 · 0.5 mi
Revenue $41,280ADR $181Occ ≈ 62%0.5★ (1)
Deer Ridge Mountain Resort E208
Apartment · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $34,677ADR $214Occ ≈ 44%4.2★ (2)
Smokie Mtn Memories! Relaxing Mountain Getaway.
Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $25,889ADR $197Occ ≈ 36%4.8★ (116)
Treetip Moonshiners Getaway
Cabin · 3 bd · 3 ba · sleeps 7 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $73,195ADR $279Occ ≈ 72%4.8★ (145)
Recently updated|Hot Tub|Lux|No Scary Roads|Cozy
Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $21,569ADR $0Occ ≈ —4.9★ (198)
Stunning Views, Hot Tub + Movie Theater
Cabin · 3 bd · 2 ba · sleeps 9 · 0.5 mi
Revenue $70,313ADR $380Occ ≈ 51%3.8★ (5)
Easy Drive Resort Cabin w/ Hot Tub, Mtn View, and Resort Pool Near National Park
Cabin · 3 bd · 2 ba · sleeps 10 · 0.5 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $59,646ADR $249Occ ≈ 66%4.9★ (235)
Resort Cabin! Pickleball, Pool, HotTub, Trails, HC
Cabin · 3 bd · 2 ba · sleeps 8 · 0.5 mi
Revenue $32,285ADR $262Occ ≈ 34%4.9★ (86)
Cozy Cabin w/ Stone Fireplace & Smart TVs
Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $47,137ADR $279Occ ≈ 46%4.8★ (80)
Little Cub Cottage - Mtn Views & Community Pools
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $46,349ADR $269Occ ≈ 47%4.2★ (24)
Resting Bears | Views, Fireplace, Pool, Hot Tub!
Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi
Revenue $26,815ADR $2,538Occ ≈ 3%4.8★ (16)
Delisted
3 Bedrooms | Hot Tub | Arcade | Close to Downtown
Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
Revenue $34,968ADR $273Occ ≈ 35%4.8★ (65)
Three Little Bears By Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.6 mi
Revenue $62,383ADR $215Occ ≈ 79%3.8★ (4)
Beautiful View Chalet 3/2.5 Gatlinburg
Chalet · 3 bd · 2.5 ba · sleeps 9 · 0.6 mi
- Pool
- A/C
- Free parking
- Wifi
- +4
Revenue $48,907ADR $275Occ ≈ 49%5★ (223)
Mountain View Hideaway with Hot Tub and Theater
House · 3 bd · 2 ba · sleeps 8 · 0.6 mi
- Hot tub
- A/C
- Free parking
- Wifi
- +4
Revenue $810ADR $202Occ ≈ 1%5★ (1)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Sleeps 6 Pool Playground Mountain Views Hot Tub Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $14,719 | $205 | 20% | 4.6★ (15) | 0.4 mi | Delisted |
Mtn Views, Modern + Amenities— Family Fun! Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $36,975 | $251 | 40% | 4.5★ (14) | 0.4 mi | AirbnbVrboBooking |
Reduced! Amazing Resort Style Amenities! Condominium (condo)
| 3 bd · 2 ba · sleeps 8 | $50,142 | $272 | 51% | 4.8★ (5) | 0.4 mi | AirbnbVrbo |
Mountain View Cabin: Hot Tub & Game Room Cabin
| 3 bd · 3 ba · sleeps 10 | $73,109 | $298 | 67% | 4.9★ (248) | 0.4 mi | AirbnbVrboBooking |
Breathtaking mtn views. Indoor pool & hot tub Condominium (condo) | 3 bd · 2 ba · sleeps 8 | $32,458 | $308 | 29% | 2.9★ (5) | 0.4 mi | AirbnbBooking |
Gatlinburg Resort Cabin - Hot Tub, Game room, Pool Cabin
| 3 bd · 2 ba · sleeps 8 | $46,599 | $290 | 44% | 5★ (106) | 0.5 mi | AirbnbVrbo |
Deer Ridge Mountain Resort E306 Apartment | 3 bd · 1 ba · sleeps 6 | $41,280 | $181 | 62% | 0.5★ (1) | 0.5 mi | Booking |
Views! Hot Tub! Arcade-Pool-Pickleball Cabin
| 3 bd · 2 ba · sleeps 8 | $42,863 | $244 | 48% | 5★ (149) | 0.5 mi | AirbnbVrbo |
Deer Ridge Mountain Resort E208 Apartment | 3 bd · 2 ba · sleeps 6 | $34,677 | $214 | 44% | 4.2★ (2) | 0.5 mi | Booking |
Deer Ridge C301 | Indoor & Outdoor Pools! Condominium (condo)
| 3 bd · 1.5 ba · sleeps 8 | $62,538 | $249 | 69% | 4.2★ (12) | 0.5 mi | AirbnbVrboBooking |
Smokie Mtn Memories! Relaxing Mountain Getaway. Cabin
| 3 bd · 2 ba · sleeps 8 | $25,889 | $197 | 36% | 4.8★ (116) | 0.5 mi | Airbnb |
MtnView Luxury Cabin / G'Room + HotTub + Theater Cabin
| 3 bd · 2.5 ba · sleeps 8 | $11,112 | $336 | 9% | 5★ (74) | 0.5 mi | AirbnbVrboBooking |
3BR Cabin | Prime Location | Flat & Easy access! Cabin
| 3 bd · 2 ba · sleeps 8 | $29,548 | $244 | 33% | 4.9★ (42) | 0.5 mi | AirbnbVrbo |
MtnView Luxury Cabin | G'Room+HotTub+Theater Cabin | 3 bd · 2.5 ba · sleeps 8 | $86,698 | $280 | 85% | 5★ (220) | 0.5 mi | AirbnbBooking |
Treetip Moonshiners Getaway Cabin
| 3 bd · 3 ba · sleeps 7 | $73,195 | $279 | 72% | 4.8★ (145) | 0.5 mi | Airbnb |
Family Friendly Cabin | Pool, Hot Tub, Game Room Cabin
| 3 bd · 3 ba · sleeps 8 | $51,420 | $295 | 48% | 4.8★ (116) | 0.5 mi | AirbnbVrboBooking |
Recently updated|Hot Tub|Lux|No Scary Roads|Cozy Cabin | 3 bd · 2 ba · sleeps 8 | $21,569 | $0 | — | 4.9★ (198) | 0.5 mi | Airbnb |
3BR cabin with hot tub, shared heated pool & Wifi Cabin | 3 bd · 2 ba · sleeps 10 | $53,160 | $276 | 53% | 3.5★ (2) | 0.5 mi | AirbnbBooking |
Charming 3BD Cabin w/ Hot Tub! Arcade + POOL! Cabin
| 3 bd · 2 ba · sleeps 6 | $53,668 | $260 | 57% | 4.9★ (80) | 0.5 mi | AirbnbVrbo |
Stunning Views, Hot Tub + Movie Theater Cabin | 3 bd · 2 ba · sleeps 9 | $70,313 | $380 | 51% | 3.8★ (5) | 0.5 mi | Airbnb |
Lazy Daisy Amazing view Cabin
| 3 bd · 2.5 ba · sleeps 8 | $70,149 | $352 | 55% | 5★ (307) | 0.5 mi | AirbnbVrboBooking |
Easy Drive Resort Cabin w/ Hot Tub, Mtn View, and Resort Pool Near National Park Cabin
| 3 bd · 2 ba · sleeps 10 | $59,646 | $249 | 66% | 4.9★ (235) | 0.5 mi | Vrbo |
Breathtaking Mountain Views Cabin
| 3 bd · 2 ba · sleeps 8 | $50,059 | $249 | 55% | 4.8★ (165) | 0.5 mi | AirbnbVrbo |
Cozy 3BD Cabin w/ Hot Tub + Pool Access! Near TOWN Cabin
| 3 bd · 2 ba · sleeps 8 | $45,750 | $223 | 56% | 4.7★ (51) | 0.5 mi | AirbnbVrbo |
Spacious Cabin w/ 3 King Beds & Hot Tub Near Park! Cabin
| 3 bd · 2 ba · sleeps 8 | $42,935 | $251 | 47% | 4.7★ (179) | 0.5 mi | AirbnbVrboBooking |
Resort Cabin! Pickleball, Pool, HotTub, Trails, HC Cabin | 3 bd · 2 ba · sleeps 8 | $32,285 | $262 | 34% | 4.9★ (86) | 0.5 mi | Airbnb |
Cozy Cabin w/ Stone Fireplace & Smart TVs Cabin | 3 bd · 2 ba · sleeps 6 | $47,137 | $279 | 46% | 4.8★ (80) | 0.5 mi | Airbnb |
Little Cub Cottage - Mtn Views & Community Pools Vacation home | 3 bd · 2 ba · sleeps 6 | $46,349 | $269 | 47% | 4.2★ (24) | 0.5 mi | Booking |
Marlene's Hideaway | Hot Tub, Porch, Amenities! Cabin | 3 bd · 2 ba · sleeps 6 | $57,883 | $400 | 40% | 4★ (52) | 0.5 mi | AirbnbBooking |
Resting Bears | Views, Fireplace, Pool, Hot Tub! Cabin | 3 bd · 3 ba · sleeps 8 | $26,815 | $2,538 | 3% | 4.8★ (16) | 0.6 mi | Delisted |
3 Bedrooms | Hot Tub | Arcade | Close to Downtown Cabin | 3 bd · 2.5 ba · sleeps 8 | $34,968 | $273 | 35% | 4.8★ (65) | 0.6 mi | Airbnb |
13.7 Mi to DT Gatlinburg・Spacious Cabin・Hot Tub Cabin
| 3 bd · 2 ba · sleeps 10 | $41,893 | $247 | 46% | 4.6★ (27) | 0.6 mi | AirbnbVrboBooking |
Three Little Bears By Avada Properties Vacation home | 3 bd · 2 ba · sleeps 6 | $62,383 | $215 | 79% | 3.8★ (4) | 0.6 mi | Booking |
Beautiful View Chalet 3/2.5 Gatlinburg Chalet
| 3 bd · 2.5 ba · sleeps 9 | $48,907 | $275 | 49% | 5★ (223) | 0.6 mi | Airbnb |
Unobstructed Mtn View|Dual Suite|Hot Tub|Game Room Cabin
| 3 bd · 2.5 ba · sleeps 8 | $85,803 | $358 | 66% | 4.7★ (162) | 0.6 mi | AirbnbVrboBooking |
Mountain View Hideaway with Hot Tub and Theater House
| 3 bd · 2 ba · sleeps 8 | $810 | $202 | 1% | 5★ (1) | 0.6 mi | Airbnb |
Charming 3BD w/ Hot Tub | Pool Access + Fireplace! Cabin
| 3 bd · 2 ba · sleeps 6 | $18,185 | $229 | 22% | 4.8★ (8) | 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
Est. revenue
$47,238
NOI
$24,584
Cash flow /mo
$2,049
Cash needed
$695,500
Cash-on-cash (all cash)
3.5%
ROE (yr 1)
6.3%
Cap rate
3.8%
DSCR
—
Year-1 write-off
$98,927
Year-1 tax shield @ 32%
$31,657
Year-1 return on equity
- Cash flow (annual)$24,584
- Principal paydown (n/a, cash)$0
- Appreciation at%$19,500
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)$9,448
- Platform fees (3% of revenue)$1,417
- Maintenance / capex (5% of revenue)$2,362
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,327
- Insurance (STR-rated)$3,900
Cash needed to close
- Purchase price (all cash)$650,000
- Closing costs (4.0%)$26,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$31,657
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
$381,000
Short-life (5/15-yr)
$79,000 · 21%
Year-1 deduction
$99,000
Year-1 tax shield @ 32%
$32,000
Land 41% (county tax record, market value split) · building $302,000 over 39 years · new furniture $20,000
Based on: 1,495 sq ft, built 1960, 3 bd / 2 ba, unfurnished, listing features (flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $70,000 in year 1 (13% short-life, $22,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $11,600
Kitchen cabinetsdefault
$9,100 new × 40% good × 3.20 allocation
- $9,500
Kitchen countertopsdefault
$7,400 new × 40% good × 3.20 allocation
- $3,300
Decorative trimdefault
$2,600 new × 40% good × 3.20 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.20 allocation
- $1,500
Shelvingdefault
$1,200 new × 40% good × 3.20 allocation
- $4,800
Window coverings (15)default
$3,800 new × 40% good × 3.20 allocation
- $9,000
Kitchen & laundry equipment plumbingdefault
$7,100 new × 40% good × 3.20 allocation
- $5,500
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 40% good × 3.20 allocation
- $3,600
Appliances (range, dishwasher)listing
$2,800 new × 40% good × 3.20 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $12,800
Paving: driveway & walks (paved)default
$8,000 new × 50% good × 3.20 allocation
- $12,300
Landscaping (typical)default
$7,700 new × 50% good × 3.20 allocation
- $2,400
Patiosdefault
$1,500 new × 50% good × 3.20 allocation
- $2,400
Decks & porches (attached)default
$1,500 new × 50% good × 3.20 allocation
- $207,000
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$161,900 new × 40% good × 3.20 allocation
- $21,500
Building plumbing & fixturesdefault
$16,800 new × 40% good × 3.20 allocation
- $20,700
Building electrical & lightingdefault
$16,200 new × 40% good × 3.20 allocation
- $21,500
HVACdefault
$16,800 new × 40% good × 3.20 allocation
- $12,300
Hardwood & tile floorsdefault
$9,600 new × 40% good × 3.20 allocation
- $19,200
Septic systemlisting
$12,000 new × 50% good × 3.20 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $68,700 | $29,900 | $300 | $98,900 |
| 2 | $0 | $0 | $7,700 | $7,700 |
| 3 | $0 | $0 | $7,700 | $7,700 |
| 4 | $0 | $0 | $7,700 | $7,700 |
| 5 | $0 | $0 | $7,700 | $7,700 |
| 6+ | $0 | $0 | $270,900 | $270,900 |
| Total | $68,700 | $29,900 | $302,300 | $400,900 |
The building's share of the price ($381,000) is 3.2x our depreciated replacement cost of the home ($119,000). 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.