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210 S Smoky Mountain Way

210 S Smoky Mountain Way

Sevierville, TN 37876

$498,000

3 bd · 2 ba · 1,946 sqft · Listed 8d ago

View on Realtor.com →

Year built

1997

Sqft

1,946

Lot sqft

8,712

HOA / mo

$50

Furnished

No

List date

2026-11-04T01:28:52.000000Z

Revenue

Annual revenue

$56,609

ADR

$246

Occupancy

63%

Cleaning fees (12 mo)

$12,543

Confidence

Med (53.4), 50 comps

Comp revenue range (p25 / median / p75)

$37,356$59,698$77,238

Median revenue of shown comps: $59,323

  • Mama Bear's Retreat- Near Water Park & Distillery

    Cabin · 3 bd · 2 ba · sleeps 10 · 7 ft

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

    Revenue $52,349ADR $264Occ ≈ 54%4.8★ (165)

    AirbnbVrboBooking

  • The Happy Place

    Cabin · 3 bd · 2 ba · sleeps 10 · 66 ft

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

    Revenue $35,413ADR $320Occ ≈ 30%5★ (57)

    AirbnbVrbo

  • Near Soaky Waterpark & Conv Ctr • Sleeps 8 • Pkwy

    Cabin · 3 bd · 3 ba · sleeps 8 · 272 ft

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $75,344ADR $319Occ ≈ 65%5★ (260)

    AirbnbVrbo

  • 5 min to Conv Ctr, Flat Rd,Hottub by@pinpointstays

    Cabin · 3 bd · 2 ba · sleeps 8 · 505 ft

    Revenue $54,741ADR $228Occ ≈ 66%4.8★ (212)

    AirbnbBooking

  • Your Southern Getaway, Sleeps 10・Games, Fire pit

    Cabin · 3 bd · 2 ba · sleeps 10 · 0.1 mi

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

    Revenue $58,000ADR $207Occ ≈ 77%4.5★ (54)

    AirbnbVrboBooking

  • Stonehenge Cabin

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

    Revenue $118,480ADR $493Occ ≈ 66%4.9★ (25)

    Airbnb

  • Hillside Hideaway

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

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $35,947ADR $323Occ ≈ 30%5★ (5)

    Airbnb

  • Marietta's Dream

    Vacation home · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    Revenue $42,780ADR $352Occ ≈ 33%—

    Booking

  • Dog-Friendly Cabin, Fenced Yard & Hot Tub

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $17,287ADR $274Occ ≈ 17%4.9★ (13)

    AirbnbVrbo

  • Cozy Cabin across from Soaky Mtn | Hot Tub | Wi-Fi

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $63,439ADR $234Occ ≈ 74%5★ (221)

    AirbnbVrboBooking

Show 39 more
  • 3BR/3BA - 3 STEPS TO FRONT DOOR. Convention Center 1mi, 15min to Dollywood

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

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

    Revenue $62,110ADR $314Occ ≈ 54%5★ (86)

    Vrbo

  • The Boujee Bear | MTN View, Hot Tub, Foosball!

    Cabin · 3 bd · 2 ba · sleeps 8 · 0.1 mi

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

    Revenue $39,067ADR $281Occ ≈ 38%5★ (35)

    AirbnbVrboBooking

  • Firefly Hollow Cabin - Smoky Mountains - Soaky Mountain Water Park - Sevierville Convention Center

    Chalet · 3 bd · 3 ba · sleeps 9 · 0.1 mi

    Revenue $100,431ADR $482Occ ≈ 57%4.6★ (33)

    Booking

  • Old Glory by American Patriot Getaways

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

    Revenue $69,932ADR $285Occ ≈ 67%—

    Booking

  • Cozy Forest Cabin | Pets, Firepit, Games

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

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

    Revenue $85,213ADR $326Occ ≈ 72%4.9★ (50)

    AirbnbVrboBooking

  • Chocolate Moose by American Patriot Getaways

    Vacation home · 3 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $19,747ADR $0Occ ≈ ——

    Booking

  • The Boujee Bear.

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

    Revenue $31,938ADR $317Occ ≈ 28%5★ (13)

    Delisted

  • Hillside Hideaway

    Chalet · 3 bd · 3 ba · sleeps 10 · 0.2 mi

    Revenue $36,785ADR $299Occ ≈ 34%—

    Booking

  • 3 king suites, 3 full baths, Dollywood, sleeps 8

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

    • Hot tub
    • A/C
    • Pets OK
    • Wifi
    • +3

    Revenue $28,840ADR $268Occ ≈ 29%4.5★ (44)

    AirbnbVrbo

  • Home Sweet Home

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

    Revenue $19,331ADR $152Occ ≈ 35%—

    Booking

  • Cutest, comfiest log cabin with great screened in porch!

    Chalet · 3 bd · 2 ba · sleeps 6 · 0.2 mi

    Revenue $34,289ADR $167Occ ≈ 56%4.2★ (2)

    Booking

  • Moonshine Mountain

    Chalet · 3 bd · 1 ba · sleeps 6 · 0.2 mi

    Revenue $34,423ADR $184Occ ≈ 51%—

    Booking

  • Hot Tub Cabin in Echota. Near all fun spots!

    Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi

    • Hot tub
    • A/C
    • Free parking
    • Pets OK
    • +4

    Revenue $25,773ADR $210Occ ≈ 34%4.7★ (130)

    AirbnbVrbo

  • The Rustic Rooster

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

    Revenue $74,763ADR $307Occ ≈ 67%5★ (2)

    Booking

  • Rustic Escape: Nature Views, Hot Tub & Fire Pit

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

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

    Revenue $67,560ADR $299Occ ≈ 62%5★ (239)

    AirbnbVrbo

  • 3 Bedroom. Great Smokies Lodge.

    Condominium (condo) · 3 bd · 2 ba · sleeps 8 · 0.6 mi

    Revenue $56,244ADR $538Occ ≈ 29%3★ (1)

    Delisted

  • Great Smokies Lodge Resort | 3BR King Balcony Suite 5

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

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

    Revenue $78,800ADR $288Occ ≈ 75%5★ (4)

    AirbnbVrbo

  • DT Sevierville | Romantic Escape | Cozy & Modern

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

    Revenue $14,526ADR $382Occ ≈ 10%4.8★ (88)

    AirbnbBooking

  • Boho Blacksmith - Mountain views & fire pit

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

    • A/C
    • Wifi
    • Kitchen
    • Washer
    • +1

    Revenue $47,938ADR $273Occ ≈ 48%4.7★ (68)

    AirbnbVrboBooking

  • Soaky River Lodge

    Cabin · 3 bd · 3 ba · sleeps 7 · 0.6 mi

    Revenue $60,073ADR $193Occ ≈ 85%4.9★ (122)

    Airbnb

  • Luxury Family Escape - Hot tub, Sauna & Pool Table

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

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

    Revenue $59,323ADR $351Occ ≈ 46%4.8★ (16)

    AirbnbVrbo

  • Wyndham Great Smokies | 3BR/2BA King Balcony Suite

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

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

    Revenue $64,662ADR $270Occ ≈ 66%—

    Airbnb

  • 3br Deluxe Mountain Retreat with Waterpark!

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Wifi
    • +2

    Revenue $87,784ADR $323Occ ≈ 74%5★ (3)

    AirbnbVrbo

  • 3br Presidential Unit Golf Views -Golfer's Dream!

    Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.6 mi

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

    Revenue $122,021ADR $415Occ ≈ 81%—

    AirbnbVrbo

  • 3br Deluxe Pool View Family Fun & Waterpark

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $42,516ADR $361Occ ≈ 32%—

    Delisted

  • 3br Deluxe Pool View Family Fun & Waterpark

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $76,844ADR $337Occ ≈ 62%—

    Delisted

  • 3br Deluxe Pool View Family Fun & Waterpark

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $84,130ADR $341Occ ≈ 68%5★ (1)

    Delisted

  • 3br Deluxe Pool View Family Fun & Waterpark

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $76,069ADR $346Occ ≈ 60%4.8★

    Delisted

  • 3br Deluxe Pool View Family Fun & Waterpark

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $77,369ADR $323Occ ≈ 66%—

    Delisted

  • 3br Deluxe Mountain Retreat with Waterpark!

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $56,870ADR $290Occ ≈ 54%—

    Delisted

  • 3br Deluxe Mountain Retreat with Waterpark!

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $58,849ADR $310Occ ≈ 52%—

    Delisted

  • 3br Deluxe Mountain Retreat with Waterpark!

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

    Revenue $57,458ADR $291Occ ≈ 54%—

    Delisted

  • 3br Presidential Unit Golf Views -Golfer's Dream!

    Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $102,442ADR $371Occ ≈ 76%5★

    Delisted

  • 3br Presidential Unit Golf Views -Golfer's Dream!

    Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $99,561ADR $381Occ ≈ 72%—

    Delisted

  • 3br Presidential Unit Golf Views -Golfer's Dream!

    Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $107,599ADR $392Occ ≈ 75%—

    Delisted

  • 3br Presidential Unit Golf Views -Golfer's Dream!

    Condominium (condo) · 3 bd · 3 ba · sleeps 8 · 0.6 mi

    Revenue $94,065ADR $344Occ ≈ 75%—

    Delisted

  • Great Smokies Lodge - Waterparks, Pools, Mountains

    Condominium (condo) · 3 bd · 2 ba · sleeps 10 · 0.6 mi

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

    Revenue $112,361ADR $413Occ ≈ 75%4.2★ (4)

    Airbnb

  • Great Smokies Lodge - Huge 3BR - Waterpark Passes!

    Condominium (condo) · 3 bd · 3 ba · sleeps 10 · 0.6 mi

    • Hot tub
    • Pool
    • A/C
    • Free parking
    • +5

    Revenue $60,458ADR $334Occ ≈ 50%5★ (1)

    Airbnb

  • Spacious 3BR@ Great Smokies Lodge

    Apartment · 3 bd · 2 ba · sleeps 10 · 0.7 mi

    • Hot tub
    • Pool
    • A/C
    • Wifi
    • +4

    Revenue $5,893ADR $531Occ ≈ 3%5★ (2)

    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
Management

Est. revenue

$56,609

NOI

$31,259

Cash flow /mo

$2,605

Cash needed

$543,420

Cash-on-cash (all cash)

5.8%

ROE (yr 1)

8.5%

Cap rate

6.3%

DSCR

—

Year-1 write-off

$135,058

Year-1 tax shield @ 32%

$43,219

Year-1 return on equity

  • Cash flow (annual)$31,259
  • Principal paydown (n/a, cash)$0
  • Appreciation at%$14,940
ROE8.5%

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)$11,322
  • Platform fees (3% of revenue)$1,698
  • Maintenance / capex (5% of revenue)$2,830
  • Utilities & supplies$4,200
  • HOA$600
  • Property tax$1,711
  • Insurance (STR-rated)$2,988

Cash needed to close

  • Purchase price (all cash)$498,000
  • Closing costs (4.0%)$19,920
  • Furnishing (bought new)$25,500

Tax savings if the STR loophole applies

  • Tax shield @ 32%$43,219

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

$454,000

Short-life (5/15-yr)

$109,000 · 24%

Year-1 deduction

$135,000

Year-1 tax shield @ 32%

$43,000

Land 9% (county tax record, market value split) · building $344,000 over 39 years · new furniture $26,000

Based on: 1,946 sq ft, built 1997, 3 bd / 2 ba, unfurnished, listing features (hot tub, deck, game room, fireplace, flooring types, appliance list, wooded lot).

Try the cost segregation calculator on any property →

IRS-guide safe-harbor floor: $85,000 in year 1 (13% short-life, $27,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.

5-year property$88,700
  • Kitchen cabinetsdefault

    $10,100 new × 40% good × 2.46 allocation

    $9,900
  • Kitchen countertopsdefault

    $8,200 new × 40% good × 2.46 allocation

    $8,100
  • Decorative trimdefault

    $3,400 new × 40% good × 2.46 allocation

    $3,400
  • Mirrorsdefault

    $300 new × 40% good × 2.46 allocation

    $300
  • Shelvingdefault

    $1,200 new × 40% good × 2.46 allocation

    $1,200
  • Window coverings (19)default

    $4,800 new × 40% good × 2.46 allocation

    $4,700
  • Carpet, vinyl & laminate (50% of floors)listing

    $6,300 new × 40% good × 2.46 allocation

    $6,200
  • Kitchen & laundry equipment plumbingdefault

    $7,800 new × 42% good × 2.46 allocation

    $8,100
  • Kitchen, laundry & data equipment electricaldefault

    $4,700 new × 42% good × 2.46 allocation

    $4,900
  • Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing

    $7,700 new × 40% good × 2.46 allocation

    $7,600
  • Hot tub (freestanding)listing

    $9,000 new × 40% good × 2.46 allocation

    $8,900
  • 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$46,000
  • Paving: driveway & walks (paved)default

    $9,100 new × 50% good × 2.46 allocation

    $11,300
  • Landscaping (minimal)listing

    $4,400 new × 50% good × 2.46 allocation

    $5,400
  • Patiosdefault

    $1,900 new × 50% good × 2.46 allocation

    $2,400
  • Decks & porches (attached)listing

    $21,900 new × 50% good × 2.46 allocation

    $27,000
Building, 39-year$344,400
  • Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault

    $211,100 new × 52% good × 2.46 allocation

    $268,700
  • Building plumbing & fixturesdefault

    $21,900 new × 42% good × 2.46 allocation

    $22,700
  • Building electrical & lightingdefault

    $21,900 new × 42% good × 2.46 allocation

    $22,700
  • HVACdefault

    $21,900 new × 40% good × 2.46 allocation

    $21,600
  • Hardwood & tile floorsdefault

    $6,300 new × 40% good × 2.46 allocation

    $6,200
  • Fireplacelisting

    $2,600 new × 40% good × 2.46 allocation

    $2,600

About the property

Depreciation schedule: typical cost seg study

Year5-yr15-yrBuildingTotal
1$88,700$46,000$400$135,100
2$0$0$8,800$8,800
3$0$0$8,800$8,800
4$0$0$8,800$8,800
5$0$0$8,800$8,800
6+$0$0$308,700$308,700
Total$88,700$46,000$344,400$479,100

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.