3734 Warden Branch Ln
Gatlinburg, TN 37738
$600,000
2 bd · 2 ba · 1,512 sqft · Listed 1d ago
View on Realtor.com →Year built
1986
Sqft
1,512
Lot sqft
76,230
HOA / mo
$0
Furnished
No
List date
2026-10-01T17:32:05.000000Z
Revenue
Annual revenue
$34,658
ADR
$182
Occupancy
52%
Cleaning fees (12 mo)
$8,298
Confidence
Med (57.16), 49 comps
Comp revenue range (p25 / median / p75)
Spectacular view, 2 BR, pool, hot tub, sauna, 15 mins to Gatlinburg
Condominium (condo) · 2 bd · 2 ba · sleeps 4 · 384 ft
Revenue $10,470ADR $193Occ ≈ 15%4.9★ (49)
Eagle Creekside Bliss
House · 2 bd · 1.5 ba · sleeps 6 · 0.1 mi
Revenue $47,558ADR $230Occ ≈ 57%4.9★ (32)
Sweet Home Tn, AMAZING MOUNTAIN VIEWS! Cozy, Hot Tub, Game room
Chalet · 2 bd · 3 ba · sleeps 6 · 0.2 mi
Revenue $47,369ADR $230Occ ≈ 56%4.9★ (39)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Amazing Point of View | Hot Tub, Game Room, Views Cabin | 2 bd · 2 ba · sleeps 4 | $55,186 | $293 | 52% | 4.7★ (16) | 262 ft | AirbnbVrboBooking |
Spectacular view, 2 BR, pool, hot tub, sauna, 15 mins to Gatlinburg Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $10,470 | $193 | 15% | 4.9★ (49) | 384 ft | Vrbo |
Eagle Creekside Bliss House | 2 bd · 1.5 ba · sleeps 6 | $47,558 | $230 | 57% | 4.9★ (32) | 0.1 mi | Airbnb |
Cherished Memories | Stone Fireplace, Near Golf Cabin | 2 bd · 2 ba · sleeps 6 | $44,165 | $311 | 39% | 3.8★ (46) | 0.2 mi | AirbnbVrboBooking |
Sweet Home Tn, AMAZING MOUNTAIN VIEWS! Cozy, Hot Tub, Game room Chalet | 2 bd · 3 ba · sleeps 6 | $47,369 | $230 | 56% | 4.9★ (39) | 0.2 mi | Vrbo |
Mountain View Condo w/ Indoor Pool & Golf Access Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $10,491 | $196 | 15% | 5★ (1) | 0.2 mi | AirbnbVrboBooking |
Deer Ridge E208 | Fireplace, Resort Amenities Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $34,500 | $227 | 42% | 4.1★ (9) | 0.2 mi | AirbnbVrboBooking |
Deer Ridge Condo w/ Mountain Views + Loft! Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $43,658 | $207 | 58% | 4.5★ (13) | 0.2 mi | AirbnbVrbo |
Smoky Sunrise Getaway | Fun On-Site Amenities! Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $32,431 | $219 | 41% | 3.4★ (3) | 0.2 mi | AirbnbVrboBooking |
Sleeps 6 Indoor Pool Playground Hot Tub Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $30,205 | $157 | 53% | 3.8★ (5) | 0.2 mi | AirbnbVrboBooking |
Show all 49 comps
Smoky Mountain Luxurious Serenity
Apartment · 2 bd · 1 ba · sleeps 4 · 0.3 mi
Revenue $14,307ADR $207Occ ≈ 19%—
Hot Tub Heated Pool Mountain Views Sleeps 6
Condominium (condo) · 2 bd · 1 ba · sleeps 6 · 0.3 mi
Revenue $41,554ADR $176Occ ≈ 65%5★ (1)
Million Dollar View
Apartment · 2 bd · 1 ba · sleeps 6 · 0.3 mi
Revenue $22,479ADR $142Occ ≈ 43%4.8★ (76)
Private & Secluded w/ Beautiful Views Sunsets ~Hot Tub
Chalet · 2 bd · 1.5 ba · sleeps 4 · 0.3 mi
Revenue $30,043ADR $210Occ ≈ 39%4.9★ (169)
Ridge Views - Private Mountain Top Cabin by Heavenly Views Resort
Cabin · 2 bd · 2 ba · sleeps 8 · 0.3 mi
Revenue $47,383ADR $239Occ ≈ 54%—
Black Bear Hideaway *Stunning Mountain Views*
Condominium (condo) · 2 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $3,949ADR $227Occ ≈ 5%5★ (3)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Indoor Pool Mountain Views Hot Tub Sauna Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $33,024 | $148 | 61% | 4.7★ (27) | 0.2 mi | AirbnbVrboBooking |
Smoky Getaway condo with 180 degree Mountain View Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $13,911 | $193 | 20% | 4.5★ (83) | 0.2 mi | AirbnbVrbo |
Vista Ridge Retreat Apartment | 2 bd · 2 ba · sleeps 4 | $42,748 | $143 | 82% | 4.9★ (80) | 0.2 mi | AirbnbVrboBooking |
Smoky Mountain Views! Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $28,874 | $159 | 50% | 4.5★ (42) | 0.2 mi | AirbnbVrbo |
Cobbly Nob Cove #105 Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $15,953 | $229 | 19% | 4.8★ (8) | 0.2 mi | AirbnbVrboBooking |
Deer Ridge E108 | Fireplace, Resort Amenities Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $28,971 | $225 | 35% | 4.5★ (5) | 0.2 mi | AirbnbVrboBooking |
Smoky Mountain Luxurious Serenity Apartment | 2 bd · 1 ba · sleeps 4 | $14,307 | $207 | 19% | — | 0.3 mi | Booking |
Hot Tub Heated Pool Mountain Views Sleeps 6 Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $41,554 | $176 | 65% | 5★ (1) | 0.3 mi | Vrbo |
*Gorgeous 2BD w/ VIEWS! Fireplace + Pool Access* Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $3,347 | $151 | 6% | 5★ (2) | 0.3 mi | AirbnbVrbo |
Full Kitchen Hot Tub Indoor Pool Sleeps 6 Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $34,087 | $158 | 59% | 4.5★ (19) | 0.3 mi | AirbnbVrboBooking |
Indoor Pool Hot Tub Sauna Sleeps 6 Full Kitchen Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $29,545 | $157 | 52% | 4.5★ (11) | 0.3 mi | AirbnbVrboBooking |
Mountain Views Sleeps 6 Indoor Pool & Hot Tub Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $40,179 | $177 | 62% | 4.8★ (55) | 0.3 mi | AirbnbVrboBooking |
Indoor Pool Sleeps 6 Mountain Views Playground Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $37,306 | $170 | 60% | 4.7★ (28) | 0.3 mi | AirbnbVrboBooking |
Sleeps 4 Indoor Pool Hot Tub Mountain Views Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $27,835 | $155 | 49% | 4.3★ (26) | 0.3 mi | AirbnbBooking |
Mountain Views Indoor Pool & Sauna Fireplace Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $36,747 | $152 | 66% | 4.5★ (21) | 0.3 mi | AirbnbVrboBooking |
Sleeps 6 Full Kitchen Indoor Pool Mountains Views Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $28,815 | $162 | 49% | 4★ (17) | 0.3 mi | AirbnbVrboBooking |
Sleeps 4 Mountains Views Indoor Pool & Hot tub Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $31,036 | $156 | 55% | 4.2★ (14) | 0.3 mi | AirbnbVrboBooking |
Luxe Condo - Mountain Views - Pool, Hot Tub, Sauna Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $44,145 | $187 | 65% | 4.6★ (39) | 0.3 mi | AirbnbVrboBooking |
Indoor Pool Mountain View Sleeps 6 Hot Tub Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $37,303 | $143 | 71% | 4★ (23) | 0.3 mi | AirbnbVrboBooking |
Smoky Mountain Condo w/ Heated Pool & Sauna Access Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $37,890 | $144 | 72% | 5★ (35) | 0.3 mi | AirbnbVrboBooking |
Hot Tub Heated Pool Mountain Views Sleeps 6 Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $36,373 | $151 | 66% | 4.5★ (44) | 0.3 mi | AirbnbVrboBooking |
Sleeps 6 Mountain Views Heated Pool Playground Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $39,324 | $149 | 72% | 4.5★ (27) | 0.3 mi | AirbnbVrboBooking |
Million Dollar View Apartment | 2 bd · 1 ba · sleeps 6 | $22,479 | $142 | 43% | 4.8★ (76) | 0.3 mi | Airbnb |
Mountain View Condo w/ Indoor Pool & Hot Tub Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $40,146 | $164 | 67% | 4.9★ (73) | 0.3 mi | AirbnbVrboBooking |
Mountain-View Condo w/Indoor Pool & Hot Tub Access Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $37,048 | $168 | 60% | 4.5★ (29) | 0.3 mi | AirbnbVrboBooking |
Smoky Lux Serenity-Resort IndoorHeatedPool& HotTub Condominium (condo) | 2 bd · 1 ba · sleeps 4 | $13,200 | $191 | 19% | 5★ (11) | 0.3 mi | AirbnbVrbo |
Private & Secluded w/ Beautiful Views Sunsets ~Hot Tub Chalet | 2 bd · 1.5 ba · sleeps 4 | $30,043 | $210 | 39% | 4.9★ (169) | 0.3 mi | Vrbo |
Mountain-View Condo w/ Pool & Hot Tub Access Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $41,964 | $178 | 65% | 4.3★ (57) | 0.3 mi | AirbnbVrboBooking |
Gatlinburg Condo: Mountain Views, Indoor Pool, Condominium (condo) | 2 bd · 1 ba · sleeps 4 | $46,323 | $179 | 71% | 4.8★ (203) | 0.3 mi | AirbnbVrboBooking |
Sleeps 6 Mountain Views Shared Resort Amenities Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $38,436 | $165 | 64% | 4.5★ (46) | 0.3 mi | AirbnbVrboBooking |
Ridge Views Cabin | 2 bd · 2 ba · sleeps 8 | $52,872 | $212 | 68% | 4.5★ (94) | 0.3 mi | AirbnbVrboBooking |
Ridge Views - Private Mountain Top Cabin by Heavenly Views Resort Cabin | 2 bd · 2 ba · sleeps 8 | $47,383 | $239 | 54% | — | 0.3 mi | Vrbo |
Mountain Views Full Kitchen Indoor Pool Access Condominium (condo) | 2 bd · 1 ba · sleeps 4 | $43,791 | $162 | 74% | 4.8★ (148) | 0.3 mi | AirbnbVrboBooking |
Amazing View!!! INDOOR POOL HOT TUB AND SAUNA Condominium (condo) | 2 bd · 1 ba · sleeps 6 | $34,670 | $152 | 62% | 4.8★ (233) | 0.3 mi | AirbnbVrbo |
Whispering Woods: Smoky Mountain Resort Escape Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $18,652 | $214 | 24% | — | 0.3 mi | AirbnbVrboBooking |
Black Bear Hideaway *Stunning Mountain Views* Condominium (condo) | 2 bd · 2 ba · sleeps 6 | $3,949 | $227 | 5% | 5★ (3) | 0.3 mi | Airbnb |
Serene Forest View- Hot Tub- Fenced Yard for Pets Cabin | 2 bd · 1 ba · sleeps 6 | $54,197 | $209 | 71% | 4.7★ (140) | 0.3 mi | AirbnbVrboBooking |
Mountain View Getaway Cabin | 2 bd · 2 ba · sleeps 5 | $717 | $179 | 1% | 4.9★ (10) | 0.3 mi | AirbnbVrbo |
Luxe Condo | Mountain Views | Pool, Hot Tub, Sauna Condominium (condo) | 2 bd · 2 ba · sleeps 4 | $12,595 | $207 | 17% | 4.7★ (16) | 0.3 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
$34,658
NOI
$15,604
Cash flow /mo
$1,300
Cash needed
$646,000
Cash-on-cash (all cash)
2.4%
ROE (yr 1)
5.2%
Cap rate
2.6%
DSCR
—
Year-1 write-off
$157,402
Year-1 tax shield @ 32%
$50,369
Year-1 return on equity
- Cash flow (annual)$15,604
- Principal paydown (n/a, cash)$0
- Appreciation at%$18,000
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)$6,932
- Platform fees (3% of revenue)$1,040
- Maintenance / capex (5% of revenue)$1,733
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,550
- Insurance (STR-rated)$3,600
Cash needed to close
- Purchase price (all cash)$600,000
- Closing costs (4.0%)$24,000
- Furnishing (bought new)$22,000
Tax savings if the STR loophole applies
- Tax shield @ 32%$50,369
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
$463,000
Short-life (5/15-yr)
$135,000 · 29%
Year-1 deduction
$157,000
Year-1 tax shield @ 32%
$50,000
Land 23% (county tax record, market value split) · building $327,000 over 39 years · new furniture $22,000
Based on: 1,512 sq ft, built 1986, 2 bd / 2 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, septic).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $100,000 in year 1 (17% short-life, $32,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $12,500
Kitchen cabinetsdefault
$9,100 new × 40% good × 3.43 allocation
- $10,200
Kitchen countertopsdefault
$7,500 new × 40% good × 3.43 allocation
- $3,600
Decorative trimdefault
$2,600 new × 40% good × 3.43 allocation
- $400
Mirrorsdefault
$300 new × 40% good × 3.43 allocation
- $1,200
Shelvingdefault
$900 new × 40% good × 3.43 allocation
- $5,100
Window coverings (15)default
$3,800 new × 40% good × 3.43 allocation
- $4,500
Carpet, vinyl & laminate (33% of floors)listing
$3,200 new × 40% good × 3.43 allocation
- $9,700
Kitchen & laundry equipment plumbingdefault
$7,100 new × 40% good × 3.43 allocation
- $5,900
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 40% good × 3.43 allocation
- $10,600
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 3.43 allocation
- $12,400
Hot tub (freestanding)listing
$9,000 new × 40% good × 3.43 allocation
- $16,000
Furniture bought newlisting
$16,000 new × 100% good · bought separately
- $6,000
Game-room equipment bought newlisting
$6,000 new × 100% good · bought separately
- $13,800
Paving: driveway & walks (paved)default
$8,100 new × 50% good × 3.43 allocation
- $13,300
Landscaping (typical)default
$7,800 new × 50% good × 3.43 allocation
- $2,600
Patiosdefault
$1,500 new × 50% good × 3.43 allocation
- $29,200
Decks & porches (attached)listing
$17,000 new × 50% good × 3.43 allocation
- $225,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$164,000 new × 40% good × 3.43 allocation
- $23,300
Building plumbing & fixturesdefault
$17,000 new × 40% good × 3.43 allocation
- $22,600
Building electrical & lightingdefault
$16,400 new × 40% good × 3.43 allocation
- $23,400
HVACdefault
$17,000 new × 40% good × 3.43 allocation
- $8,900
Hardwood & tile floorsdefault
$6,500 new × 40% good × 3.43 allocation
- $3,600
Fireplacelisting
$2,600 new × 40% good × 3.43 allocation
- $20,600
Septic systemlisting
$12,000 new × 50% good × 3.43 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $98,200 | $58,900 | $400 | $157,400 |
| 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 | $293,600 | $293,600 |
| Total | $98,200 | $58,900 | $327,500 | $484,500 |
The building's share of the price ($463,000) is 3.4x our depreciated replacement cost of the home ($135,000). 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.