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2123 Windy Ln

2123 Windy Ln

Sevierville, TN 37876

$674,900

3 bd · 3 ba · 2,038 sqft · Listed 3d ago

View on Realtor.com →

Year built

2024

Sqft

2,038

Lot sqft

14,375

HOA / mo

None

Furnished

No

List date

2026-09-24T18:22:26.000000Z

Revenue

Annual revenue

$58,412

ADR

$267

Occupancy

60%

Cleaning fees (12 mo)

$9,519

Confidence

Med (54.61), 50 comps

Comp revenue range (p25 / median / p75)

$37,026$53,926$72,523
  • Smoky Views • Hot Tub • Mins to Dollywood • EV

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.1 mi

    Revenue $104,128ADR $409Occ ≈ 70%5★ (133)

    AirbnbVrbo

  • Misty Pine View

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

    Revenue $50,340ADR $307Occ ≈ 45%5★ (100)

    AirbnbVrbo

  • Sully's Mountain Cabin Retreat

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.2 mi

    Revenue $72,597ADR $329Occ ≈ 60%5★ (352)

    AirbnbVrboBooking

  • Sweet Bearoline by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $69,126ADR $274Occ ≈ 69%—

    Booking

  • Heaven's Retreat - Great views, hot tub, and more!

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.2 mi

    Revenue $64,262ADR $324Occ ≈ 54%4.8★ (25)

    AirbnbVrboBooking

  • Homey Cabin, Sleeps 8, Hot Tub, Theater, Games, Vi

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

    Revenue $73,149ADR $348Occ ≈ 58%4.3★ (24)

    AirbnbVrboBooking

  • Cowboys Trail: Views, Resort Pool + Air Hockey

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.2 mi

    Revenue $59,544ADR $345Occ ≈ 47%2.5★ (4)

    AirbnbVrbo

  • 3BR Mountainview Cabin | Free Attraction Tickets

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

    Revenue $39,594ADR $295Occ ≈ 37%4.3★ (187)

    AirbnbVrboBooking

  • 3 Bed - Pool Table, Hot Tub, Views, Dollywood!

    Cabin · 3 bd · 3.5 ba · sleeps 8 · 0.3 mi

    Revenue $63,090ADR $324Occ ≈ 53%5★ (244)

    AirbnbVrbo

  • Cabin- Hot Tub, Games & Sunset Views. Near Dolly

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.3 mi

    Revenue $45,911ADR $276Occ ≈ 46%4.8★ (109)

    AirbnbVrbo

Show all 50 comps
  • Away From It All by American Patriot Getaways

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $105,420ADR $324Occ ≈ 89%—

    Booking

  • The Good Place

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $42,164ADR $253Occ ≈ 46%4.7★ (10)

    AirbnbVrbo

  • The Good Place

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $36,745ADR $216Occ ≈ 47%5★ (2)

    Booking

  • Breathtaking Views,Min’t to D’wood, Theater,Pool

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

    Revenue $76,399ADR $375Occ ≈ 56%5★ (302)

    AirbnbVrbo

  • 3BR Sevierville Cabin-Deck, Hot Tub & Free Tickets

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $38,909ADR $195Occ ≈ 55%4★ (41)

    AirbnbVrbo

  • Majestic View

    Cabin · 3 bd · 3.5 ba · sleeps 13 · 0.3 mi

    Revenue $87,698ADR $499Occ ≈ 48%5★ (24)

    AirbnbVrbo

  • Sleepy Hollow, FREE Dollywood ticket & more, secluded 2BR2BA, game loft, hot tub, covered porch

    Chalet · 3 bd · 2 ba · sleeps 7 · 0.3 mi

    Revenue $41,131ADR $162Occ ≈ 70%5★ (1)

    Booking

  • Secluded~Fire Pit~Hot Tub~Dog Allowed~Epic Lights!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.3 mi

    Revenue $49,896ADR $253Occ ≈ 54%5★ (88)

    AirbnbVrboBooking

  • 10 Min Dollywood,Gatlinburg Natl Park,Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $38,420ADR $257Occ ≈ 41%5★ (1)

    Airbnb

  • ROD RUN! Breathtaking View,Hot Tub, Pet Friendly,9.8🌟 Rated

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $42,940ADR $223Occ ≈ 53%4.9★ (159)

    Vrbo

  • Dogwood Hideaway

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $54,868ADR $0Occ ≈ —5★ (2)

    AirbnbVrbo

  • Dogwood Hideaway

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $23,450ADR $0Occ ≈ ——

    Booking

  • Dogwood Hideaway: Semi-Secluded, Hot Tub + Arcade

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.3 mi

    Revenue $24,883ADR $297Occ ≈ 23%5★ (6)

    AirbnbVrbo

  • Million Dollar Views • Hot Tub • Pool • Game Room

    Cabin · 3 bd · 3 ba · sleeps 9 · 0.4 mi

    Revenue $72,656ADR $332Occ ≈ 60%5★ (88)

    AirbnbVrboBooking

  • Bear Creek Hollow, FREE Dollywood ticket & more! 2 King bedrooms and loft w hot tub, game room WiFi

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $25,163ADR $156Occ ≈ 44%5★ (1)

    Booking

  • Mountain Laurel #315

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $26,257ADR $163Occ ≈ 44%—

    Booking

  • Cozy 3-Bedroom Cabin with Wood-Burning Fireplace,

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $34,845ADR $191Occ ≈ 50%3.9★ (7)

    AirbnbVrbo

  • Perfect Getaway| AmazingViews, HotTub & Billiards!

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.4 mi

    Revenue $71,202ADR $318Occ ≈ 61%5★ (191)

    AirbnbVrbo

  • Barefootin 2: DogFriendly • HotTub • FreeDollywoodTkt

    Cabin · 3 bd · 2 ba · sleeps 9 · 0.4 mi

    Revenue $37,976ADR $235Occ ≈ 44%4.3★ (38)

    AirbnbVrbo

  • 4 Mi to Dollywood! Family Escape w/ Air Hockey!

    House · 3 bd · 2 ba · sleeps 6 · 0.4 mi

    Revenue $3,771ADR $235Occ ≈ 4%4★ (1)

    AirbnbVrboBooking

  • Private log home minutes to PF & Gatlinburg HOTTUB

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.4 mi

    Revenue $72,299ADR $245Occ ≈ 81%5★ (335)

    AirbnbVrbo

  • Top of the Mountain Getaway (Close to Dollywood)

    House · 3 bd · 3.5 ba · sleeps 10 · 0.4 mi

    Revenue $68,477ADR $383Occ ≈ 49%5★ (38)

    AirbnbVrbo

  • 3BR w/Hot Tub*Games*Privacy*15 mins to Dollywood

    Cabin · 3 bd · 3 ba · sleeps 12 · 0.4 mi

    Revenue $7,376ADR $206Occ ≈ 10%5★ (3)

    AirbnbVrbo

  • Big Bear Retreat - Foosball Table & Indoor Jetted

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.4 mi

    Revenue $25,778ADR $344Occ ≈ 21%3.7★ (29)

    AirbnbVrboBooking

  • Don't miss the Breathtaking Views from this Cabin

    Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.5 mi

    Revenue $87,284ADR $317Occ ≈ 75%4.5★ (124)

    AirbnbVrbo

  • Hidden Vineyard

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $36,172ADR $302Occ ≈ 33%4.7★ (13)

    AirbnbVrbo

  • Hidden Vineyard

    Vacation home · 3 bd · 2 ba · sleeps 6 · 0.5 mi

    Revenue $37,870ADR $276Occ ≈ 38%—

    Booking

  • Secluded 3 bed 2 full bath game room and hot tub

    House · 3 bd · 2 ba · sleeps 7 · 0.5 mi

    Revenue $30,367ADR $231Occ ≈ 36%4.9★ (67)

    AirbnbVrbo

  • Cozy 3BD Cabin w/ MOVIE Room! Sauna + HOT TUB!

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $78,475ADR $272Occ ≈ 79%4.5★ (47)

    AirbnbVrbo

  • Lux cabin retreat best location!

    Cabin · 3 bd · 3 ba · sleeps 10 · 0.6 mi

    Revenue $75,055ADR $341Occ ≈ 60%4.9★ (53)

    Airbnb

  • Ridgetop VIEWS! Arcade+Hot Tub+Fire Pit+Privacy

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $98,429ADR $324Occ ≈ 83%5★ (257)

    AirbnbVrbo

  • A Great Escape: Mountain Views & Resort Pool

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $52,984ADR $356Occ ≈ 41%4.2★ (9)

    AirbnbVrbo

  • Mountain Vista Lodge MINI, 2 Master Suites, Close

    House · 3 bd · 3.5 ba · sleeps 7 · 0.6 mi

    Revenue $65,840ADR $322Occ ≈ 56%5★ (15)

    Airbnb

  • Peekin' Over Pigeon Forge

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $26,305ADR $279Occ ≈ 26%4.8★ (4)

    AirbnbVrbo

  • Peekin' Over Pigeon Forge | By Colonial Properties

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $71,997ADR $305Occ ≈ 65%4.8★ (9)

    AirbnbVrbo

  • SKY HAVEN (4 miles to Dollywood) very private

    Cabin · 3 bd · 2.5 ba · sleeps 12 · 0.6 mi

    Revenue $94,846ADR $419Occ ≈ 62%5★ (159)

    AirbnbVrbo

  • Altitude Adjustment | Hot Tub + Pet-Friendly

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $62,863ADR $255Occ ≈ 68%4.7★ (102)

    AirbnbVrbo

  • Scenic Hideaway | VIEWS+Privacy+Hot Tub+Game Room

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $82,132ADR $256Occ ≈ 88%4.8★ (290)

    AirbnbVrbo

  • Serene cabin with gorgeous panoramic views

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.7 mi

    Revenue $58,441ADR $252Occ ≈ 64%4.8★ (331)

    AirbnbVrbo

  • EaglesParadise: DogFriendly • HotTub • DollywoodTkct

    Cabin · 3 bd · 2 ba · sleeps 6 · 0.7 mi

    Revenue $22,769ADR $253Occ ≈ 25%4.2★ (15)

    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

Financing

Est. revenue

$58,412

NOI

$31,186

Cash flow /mo

$2,599

Cash needed

$721,396

Cash-on-cash (all cash)

4.3%

ROE (yr 1)

7.1%

Cap rate

4.6%

DSCR

—

Year-1 write-off

$157,734

Year-1 tax shield @ 32%

$50,475

Year-1 return on equity

  • Cash flow (annual)$31,186
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$20,247
ROE7.1%
ROE incl. year-1 tax savings (32% bracket, STR loophole)14.1%
Opex, cash-needed & tax-savings breakdown

Annual operating expenses

  • Management (20% of revenue)$11,682
  • Platform fees (3% of revenue)$1,752
  • Maintenance / capex (5% of revenue)$2,921
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$2,621
  • Insurance (STR-rated)$4,049

Cash needed to close

  • Purchase price (all cash)$674,900
  • Closing costs (4.0%)$26,996
  • Furnishing (bought new)$19,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$50,475

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

$630,000

Short-life (5/15-yr)

$137,000 · 22%

Year-1 deduction

$158,000

Year-1 tax shield @ 32%

$50,000

Land 7% (county tax record, market value split) · building $493,000 over 39 years · new furniture $20,000

Based on: 2,038 sq ft, built 2024, 3 bd / 3 ba, unfurnished, listing features (hot tub, deck, fireplace, stone counters, flooring types, appliance list, septic, wooded lot).

IRS-guide safe-harbor floor: $86,000 in year 1 (10% short-life, $28,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$99,500
  • Kitchen cabinetsdefault

    $10,300 new × 92% good × 1.61 allocation

    $15,200
  • Kitchen countertops (stone)listing

    $10,500 new × 92% good × 1.61 allocation

    $15,500
  • Decorative trimdefault

    $3,600 new × 92% good × 1.61 allocation

    $5,300
  • Mirrorsdefault

    $500 new × 83% good × 1.61 allocation

    $600
  • Shelvingdefault

    $1,200 new × 92% good × 1.61 allocation

    $1,800
  • Window coverings (20)default

    $5,000 new × 80% good × 1.61 allocation

    $6,400
  • Kitchen & laundry equipment plumbingdefault

    $8,000 new × 96% good × 1.61 allocation

    $12,300
  • Kitchen, laundry & data equipment electricaldefault

    $4,800 new × 96% good × 1.61 allocation

    $7,500
  • Appliances (range, dishwasher)listing

    $2,800 new × 83% good × 1.61 allocation

    $3,800
  • Hot tub (freestanding)listing

    $9,000 new × 80% good × 1.61 allocation

    $11,600
  • Furniture bought newlisting

    $19,500 new × 100% good · bought separately

    $19,500
15-year land improvements$56,700
  • Paving: driveway & walks (paved)default

    $9,400 new × 92% good × 1.61 allocation

    $13,900
  • Landscaping (minimal)listing

    $4,500 new × 92% good × 1.61 allocation

    $6,700
  • Patiosdefault

    $2,000 new × 92% good × 1.61 allocation

    $3,000
  • Decks & porches (attached)listing

    $22,900 new × 90% good × 1.61 allocation

    $33,200
Building, 39-year$493,100
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $221,000 new × 97% good × 1.61 allocation

    $343,700
  • Building plumbing & fixturesdefault

    $22,900 new × 96% good × 1.61 allocation

    $35,400
  • Building electrical & lightingdefault

    $23,100 new × 96% good × 1.61 allocation

    $35,700
  • HVACdefault

    $23,000 new × 90% good × 1.61 allocation

    $33,200
  • Hardwood & tile floorsdefault

    $13,100 new × 92% good × 1.61 allocation

    $19,400
  • Fireplaces (2)listing

    $5,300 new × 92% good × 1.61 allocation

    $7,800
  • Septic systemlisting

    $12,000 new × 92% good × 1.61 allocation

    $17,800

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$99,500$56,700$1,600$157,700
2$0$0$12,600$12,600
3$0$0$12,600$12,600
4$0$0$12,600$12,600
5$0$0$12,600$12,600
6+$0$0$440,900$440,900
Total$99,500$56,700$493,100$649,200

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: Georgia disallows 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.