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513 Hideaway Ridge Cir

513 Hideaway Ridge Cir

Sevierville, TN 37862

$520,000

3 bd · 2 ba · 1,344 sqft · Listed 1d ago

View on Realtor.com →
Low confidence

Year built

2003

Sqft

1,344

Lot sqft

7,841

HOA / mo

$0

Furnished

No

List date

2026-10-12T12:35:36.000000Z

Revenue

Annual revenue

$43,409

ADR

$204

Occupancy

58%

Cleaning fees (12 mo)

$7,801

Confidence

Low (39.02), 32 comps

Comp revenue range (p25 / median / p75)

$23,648$33,921$55,340

Median revenue of shown comps: $35,602

  • Hideaway Cove

    Vacation home · 3 bd · 3 ba · sleeps 6 · 315 ft

    Revenue $31,135ADR $286Occ ≈ 30%4.7★ (9)

    Booking

  • Beautiful & Cozy Amazing Views, Games rm, Hot Tub!

    House · 3 bd · 3 ba · sleeps 9 · 341 ft

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +4

    Revenue $57,481ADR $283Occ ≈ 56%4.8★ (307)

    AirbnbVrboBooking

  • 7 Miles to Dollywood * Hot Tub*Modern Retreat

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 397 ft

    Revenue $58,966ADR $292Occ ≈ 55%5★ (121)

    AirbnbBooking

  • 3 Decks, Dollywood, GREAT Location, Hot Tub, GSMNP

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi

    Revenue $50,680ADR $306Occ ≈ 45%5★ (62)

    Airbnb

  • Hideaway Hollow

    Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $4,862ADR $433Occ ≈ 3%5★ (1)

    AirbnbVrboBooking

  • ★The Hideaway★ | Theater, View, Hot Tub, BBQ

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $35,602ADR $315Occ ≈ 31%4.8★ (121)

    AirbnbVrbo

  • Great Location, Sleeps 8・Near Parkway・Hot Tub

    House · 3 bd · 2.5 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • Pool
    • A/C
    • Wifi
    • +3

    Revenue $25,640ADR $213Occ ≈ 33%4.7★ (22)

    AirbnbVrboBooking

  • Fall Specials|Pet Friendly|Hot tub|Gameroom|PS4

    Cabin · 3 bd · 2.5 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $72,946ADR $312Occ ≈ 64%5★ (288)

    AirbnbVrbo

  • Brooklyn Hide a way

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $47,955ADR $189Occ ≈ 70%5★ (58)

    AirbnbVrbo

  • Luxury Retreat w/ Hot Tub, Arcade, Huge Rec Room

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

    Revenue $54,626ADR $377Occ ≈ 40%5★ (70)

    Airbnb

Show 17 more
  • 3BR w/lush views, hot tub, free attraction tickets

    House · 3 bd · 3 ba · sleeps 6 · 0.3 mi

    Revenue $35,727ADR $305Occ ≈ 32%3.8★ (5)

    Airbnb

  • Peaceful Escape By The Mountains

    House · 3 bd · 1.5 ba · sleeps 8 · 0.3 mi

    Revenue $10,476ADR $96Occ ≈ 30%5★ (1)

    Delisted

  • Stunning & Serene Cabin, Sleeps 6・Hot Tub・Grill

    House · 3 bd · 3 ba · sleeps 6 · 0.3 mi

    Revenue $39,039ADR $185Occ ≈ 58%3★ (2)

    AirbnbBooking

  • Creekside Cabin w/ Hot Tub: 7 Mi to Pigeon Forge

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.3 mi

    • Hot tub
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $28,331ADR $280Occ ≈ 28%4.5★ (2)

    AirbnbVrboBooking

  • Tranquil Mountain Retreat w/ Indoor Pool

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

    Revenue $109,170ADR $494Occ ≈ 61%3★ (2)

    Airbnb

  • Tranquil Mountain Retreat w/ Indoor Pool

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

    Revenue $93,103ADR $465Occ ≈ 55%5★ (2)

    Delisted

  • Modern Mountain Tranquility by Venture Smoky Mountains

    Vacation home · 3 bd · 3 ba · sleeps 10 · 0.4 mi

    Revenue $62,813ADR $568Occ ≈ 30%5★ (2)

    Booking

  • Love View

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

    Revenue $74,186ADR $294Occ ≈ 69%—

    Booking

  • Hillside Manor

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.4 mi

    • A/C
    • Free parking
    • Wifi
    • Kitchen
    • +3

    Revenue $47,151ADR $255Occ ≈ 51%4.9★ (22)

    Airbnb

  • Westover Park Condo 101 - A Quiet Getaway Near the Great Smoky Mountains

    Condominium (condo) · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +3

    Revenue $17,499ADR $197Occ ≈ 24%4.7★ (127)

    Vrbo

  • A Dolly Good Time with Fireplace and Game Room

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.5 mi

    Revenue $28,811ADR $234Occ ≈ 34%—

    Booking

  • Hidden Retreat 10 minutes from city, but quiet!

    Guest suite · 3 bd · 2 ba · sleeps 6 · 0.6 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $17,326ADR $212Occ ≈ 22%4.8★ (68)

    AirbnbVrbo

  • Lazy Bear Hideaway

    House · 3 bd · 2 ba · sleeps 7 · 0.6 mi

    • Pool
    • A/C
    • Free parking
    • Pets OK
    • +5

    Revenue $22,020ADR $203Occ ≈ 30%4.8★ (146)

    AirbnbVrbo

  • Daffodil, Pets, private lot

    House · 3 bd · 2 ba · sleeps 6 · 0.6 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi

    Revenue $24,190ADR $164Occ ≈ 40%4.7★ (58)

    AirbnbVrbo

  • 3 bd Monthly Rental Safe Area

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

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +2

    Revenue $16,683ADR $81Occ ≈ 56%4.5★ (2)

    Airbnb

  • Captain Puddle Pirate's Hideaway

    House · 3 bd · 1 ba · sleeps 6 · 0.7 mi

    • A/C
    • Free parking
    • Pets OK
    • Wifi
    • +4

    Revenue $31,367ADR $156Occ ≈ 55%5★ (1)

    AirbnbVrboBooking

  • Hidden Retreat Huge family area. Secluded, private, peaceful, feel nature!

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

    • Pool
    • A/C
    • Free parking
    • Wifi
    • +4

    Revenue $17,247ADR $204Occ ≈ 23%4.8★ (12)

    Vrbo

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
Management

Est. revenue

$43,409

NOI

$22,483

Cash flow /mo

$1,874

Cash needed

$566,300

Cash-on-cash (all cash)

4.0%

ROE (yr 1)

6.7%

Cap rate

4.3%

DSCR

—

Year-1 write-off

$142,536

Year-1 tax shield @ 32%

$45,612

Year-1 return on equity

  • Cash flow (annual)$22,483
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$15,600
ROE6.7%

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)$8,682
  • Platform fees (3% of revenue)$1,302
  • Maintenance / capex (5% of revenue)$2,170
  • Utilities & supplies$4,200
  • HOA$0
  • Property tax$1,451
  • Insurance (STR-rated)$3,120

Cash needed to close

  • Purchase price (all cash)$520,000
  • Closing costs (4.0%)$20,800
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$45,612

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

$445,000

Short-life (5/15-yr)

$117,000 · 26%

Year-1 deduction

$143,000

Year-1 tax shield @ 32%

$46,000

Land 14% (county tax record, market value split) · building $328,000 over 39 years · new furniture $26,000

Based on: 1,344 sq ft, built 2003, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $98,000 in year 1 (16% short-life, $31,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$96,500
  • Kitchen cabinetsdefault

    $8,700 new × 40% good × 2.91 allocation

    $10,200
  • Kitchen countertopsdefault

    $7,200 new × 40% good × 2.91 allocation

    $8,300
  • Decorative trimdefault

    $2,400 new × 40% good × 2.91 allocation

    $2,700
  • Mirrorsdefault

    $300 new × 40% good × 2.91 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.91 allocation

    $1,400
  • Window coverings (13)default

    $3,300 new × 40% good × 2.91 allocation

    $3,800
  • Carpet, vinyl & laminate (100% of floors)listing

    $8,600 new × 40% good × 2.91 allocation

    $10,100
  • Kitchen & laundry equipment plumbingdefault

    $6,800 new × 54% good × 2.91 allocation

    $10,700
  • Kitchen, laundry & data equipment electricaldefault

    $4,100 new × 54% good × 2.91 allocation

    $6,500
  • Appliances (range, microwave, dishwasher, washer, dryer)listing

    $5,500 new × 40% good × 2.91 allocation

    $6,400
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.91 allocation

    $10,500
  • Furniture bought newlisting

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

    $19,500
  • Game-room equipment bought newlisting

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

    $6,000
15-year land improvements$45,700
  • Paving: driveway & walks (paved)default

    $7,600 new × 50% good × 2.91 allocation

    $11,100
  • Landscaping (typical)default

    $7,300 new × 50% good × 2.91 allocation

    $10,700
  • Patiosdefault

    $1,300 new × 50% good × 2.91 allocation

    $1,900
  • Decks & porches (attached)listing

    $15,100 new × 50% good × 2.91 allocation

    $22,000
Building, 39-year$328,200
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $145,400 new × 62% good × 2.91 allocation

    $261,200
  • Building plumbing & fixturesdefault

    $15,100 new × 54% good × 2.91 allocation

    $23,700
  • Building electrical & lightingdefault

    $14,300 new × 54% good × 2.91 allocation

    $22,500
  • HVACdefault

    $15,100 new × 40% good × 2.91 allocation

    $17,700
  • Fireplacelisting

    $2,600 new × 40% good × 2.91 allocation

    $3,100

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$96,500$45,700$400$142,500
2$0$0$8,400$8,400
3$0$0$8,400$8,400
4$0$0$8,400$8,400
5$0$0$8,400$8,400
6+$0$0$294,200$294,200
Total$96,500$45,700$328,200$470,400

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.