204 Stott Ln
Gatlinburg, TN 37738
$425,000
3 bd · 2 ba · 1,478 sqft · Listed 1d ago
View on Realtor.com →Year built
1997
Sqft
1,478
Lot sqft
33,977
HOA / mo
$0
Furnished
No
List date
2026-10-23T18:48:10.000000Z
Revenue
Annual revenue
$60,275
ADR
$287
Occupancy
58%
Cleaning fees (12 mo)
$11,269
Confidence
Med (54.33), 50 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $53,454
Black Bear Retreat - Large Family Cabin
Cabin · 3 bd · 2 ba · sleeps 8 · 400 ft
Revenue $54,038ADR $326Occ ≈ 45%4.5★ (3)
Large Rustic Cabin in Gatlinburg, Perfect for Family Vacations in Great Smoky Mountains National Park
Cabin · 3 bd · 2 ba · sleeps 8 · 417 ft
Revenue $18,907ADR $479Occ ≈ 11%—
Delisted
Welcome to Black Bear Retreat, your ideal
Cabin · 3 bd · 2 ba · sleeps 8 · 469 ft
- A/C
- Free parking
- Kitchen
Revenue $876ADR $292Occ ≈ 1%—
You'll have the views in this 3 BR/3 BA true log chalet with 2200 square feet and all the amenities.
Cabin · 3 bd · 3 ba · sleeps 8 · 0.1 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $47,355ADR $263Occ ≈ 49%4.7★ (94)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Hot Tub, Game Room, Gatlinburg + Free Tickets House
| 3 bd · 3 ba · sleeps 8 | $20,320 | $307 | 18% | — | 318 ft | AirbnbVrbo |
Black Bear Retreat - Large Family Cabin Cabin | 3 bd · 2 ba · sleeps 8 | $54,038 | $326 | 45% | 4.5★ (3) | 400 ft | Booking |
3/2 Gatlinburg, Free tickts Dollywood!,close2pool Cabin | 3 bd · 2 ba · sleeps 8 | $27,910 | $314 | 24% | 4.9★ (30) | 400 ft | AirbnbBooking |
Gatlinburg Retreat: Hot Tub, Sauna & Free Daily Cabin | 3 bd · 2 ba · sleeps 8 | $33,605 | $295 | 31% | 4.8★ (9) | 400 ft | AirbnbBooking |
Stunning Views! Pool * Hot Tub * Game Room *Arcade Cabin
| 3 bd · 3 ba · sleeps 10 | $86,398 | $388 | 61% | 5★ (459) | 404 ft | AirbnbVrbo |
Large Rustic Cabin in Gatlinburg, Perfect for Family Vacations in Great Smoky Mountains National Park Cabin | 3 bd · 2 ba · sleeps 8 | $18,907 | $479 | 11% | — | 417 ft | Delisted |
Welcome to Black Bear Retreat, your ideal Cabin
| 3 bd · 2 ba · sleeps 8 | $876 | $292 | 1% | — | 469 ft | Airbnb |
Serenity Falls Cabin/Hot Tub*Game Room*Fireplace Cabin
| 3 bd · 2 ba · sleeps 10 | $33,449 | $329 | 28% | 4.9★ (142) | 502 ft | AirbnbVrbo |
Waterfall Log Cabin: Private Hot Tub & Game Room Cabin
| 3 bd · 2 ba · sleeps 10 | $32,091 | $342 | 26% | 5★ (1) | 502 ft | AirbnbVrboBooking |
You'll have the views in this 3 BR/3 BA true log chalet with 2200 square feet and all the amenities. Cabin
| 3 bd · 3 ba · sleeps 8 | $47,355 | $263 | 49% | 4.7★ (94) | 0.1 mi | Vrbo |
Show 32 more
Fantastic views, pool table, Hot Tub, elegantly furnished located just 7 mins from downtown G'burg!
Cabin · 3 bd · 3 ba · sleeps 10 · 0.1 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $51,469ADR $292Occ ≈ 48%4.7★ (133)
Stunning & Fresh 3/2 cabin on large forested lot
Cabin · 3 bd · 2 ba · sleeps 10 · 0.1 mi
Revenue $20,954ADR $269Occ ≈ 21%4.9★ (138)
Hot tub, gazebo, & seclusion in this GBurg 3BR!
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $21,550ADR $216Occ ≈ 27%4.8★ (2)
Charming A-Frame | Fenced Yard & Wraparound Deck
Cabin · 3 bd · 2.5 ba · sleeps 10 · 0.2 mi
Revenue $97,358ADR $326Occ ≈ 82%4.9★ (77)
Oct 25-31 Special! Best Nov/Dec Rates New Hot Tub!
Cabin · 3 bd · 3 ba · sleeps 8 · 0.2 mi
- Hot tub
- Pool
- A/C
- Free parking
- +7
Revenue $76,530ADR $314Occ ≈ 67%5★ (76)
Paws on the Porch by American Patriot Getaways
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.2 mi
Revenue $69,959ADR $322Occ ≈ 60%—
Oct. 27-30 Special! Best Nov/Dec Rates & Location
Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi
- Hot tub
- Pool
- A/C
- Free parking
- +6
Revenue $55,342ADR $253Occ ≈ 60%4.8★ (376)
New 2BR Views Hot Tub Pool Resort
Vacation home · 3 bd · 2 ba · sleeps 8 · 0.3 mi
Revenue $51,332ADR $254Occ ≈ 55%—
2BR GBurg log cabin- hot tub, dog friendly!
Chalet · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $35,612ADR $173Occ ≈ 56%4.5★ (10)
Views Views Views!! Ski Slope/Smoky Mountain Views Pool Table Tikki Bar Hot Tub
Chalet · 3 bd · 3 ba · sleeps 10 · 0.3 mi
- Hot tub
- A/C
- Free parking
- Pets OK
- +5
Revenue $59,621ADR $312Occ ≈ 52%4.3★ (21)
Specials! Hot Tub, Arcade, Fire Pit, PS5 & Views
Cabin · 3 bd · 3 ba · sleeps 8 · 0.3 mi
Revenue $66,368ADR $383Occ ≈ 47%5★ (10)
The Spirit Bear Lodge
Cabin · 3 bd · 3 ba · sleeps 10 · 0.3 mi
Revenue $72,607ADR $354Occ ≈ 56%4.8★ (8)
Sweet Serenity
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $24,113ADR $224Occ ≈ 29%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Fall Fun, Mountain View, Theater Rm, Hot Tub Cabin
| 3 bd · 3 ba · sleeps 10 | $67,767 | $300 | 62% | 5★ (189) | 0.1 mi | AirbnbVrboBooking |
Bear Tracks - Mountain views and hot tub soaks! Cabin
| 3 bd · 3 ba · sleeps 6 | $45,047 | $297 | 42% | 4.4★ (72) | 0.1 mi | AirbnbVrboBooking |
Fantastic views, pool table, Hot Tub, elegantly furnished located just 7 mins from downtown G'burg! Cabin
| 3 bd · 3 ba · sleeps 10 | $51,469 | $292 | 48% | 4.7★ (133) | 0.1 mi | Vrbo |
Sleep in the Clouds| Luxury| KidsZone| Workspace Cabin
| 3 bd · 3 ba · sleeps 10 | $60,417 | $272 | 61% | 5★ (71) | 0.1 mi | AirbnbVrbo |
Stunning & Fresh 3/2 cabin on large forested lot Cabin | 3 bd · 2 ba · sleeps 10 | $20,954 | $269 | 21% | 4.9★ (138) | 0.1 mi | Airbnb |
Updated! Great Reviews! HotTub! Fast WiFi~Arcade Cabin
| 3 bd · 3 ba · sleeps 8 | $49,801 | $343 | 40% | 5★ (102) | 0.1 mi | AirbnbVrbo |
Fun, clean, fire pit, large lot, easy access House
| 3 bd · 2.5 ba · sleeps 8 | $71,574 | $354 | 55% | 5★ (79) | 0.1 mi | AirbnbVrbo |
Luxury Smoky Mountain Cabin w/View @ National Park Cabin
| 3 bd · 3 ba · sleeps 10 | $75,439 | $396 | 52% | 5★ (183) | 0.1 mi | AirbnbVrbo |
Hot tub, gazebo, & seclusion in this GBurg 3BR! Vacation home | 3 bd · 2 ba · sleeps 8 | $21,550 | $216 | 27% | 4.8★ (2) | 0.2 mi | Booking |
Gatlinburg Getaway for Family Fun: Hot Tub, Pool Cabin
| 3 bd · 2 ba · sleeps 8 | $60,730 | $268 | 62% | 4.9★ (219) | 0.2 mi | AirbnbVrbo |
Charming A-Frame | Fenced Yard & Wraparound Deck Cabin | 3 bd · 2.5 ba · sleeps 10 | $97,358 | $326 | 82% | 4.9★ (77) | 0.2 mi | Airbnb |
Oct 25-31 Special! Best Nov/Dec Rates New Hot Tub! Cabin
| 3 bd · 3 ba · sleeps 8 | $76,530 | $314 | 67% | 5★ (76) | 0.2 mi | Airbnb |
Paws on the Porch by American Patriot Getaways Vacation home | 3 bd · 2 ba · sleeps 8 | $69,959 | $322 | 60% | — | 0.2 mi | Booking |
Up & Away- near downtown Gatlinburg! Cabin | 3 bd · 3 ba · sleeps 10 | $82,032 | $278 | 81% | 4.3★ (62) | 0.2 mi | AirbnbBooking |
Hot tub, seclusion, close to downtown GBurg! House
| 3 bd · 2 ba · sleeps 8 | $44,249 | $387 | 31% | 4.8★ (27) | 0.2 mi | AirbnbVrbo |
A-Frame | Hot Tub | Game Room | Pet Friendly Cabin
| 3 bd · 2.5 ba · sleeps 8 | $52,869 | $298 | 49% | 4.8★ (30) | 0.2 mi | AirbnbVrbo |
Oct. 27-30 Special! Best Nov/Dec Rates & Location Cabin
| 3 bd · 2 ba · sleeps 6 | $55,342 | $253 | 60% | 4.8★ (376) | 0.2 mi | Airbnb |
Bear Feet Cabin in Gatlinburg - Luxury Log Cabin w Cabin
| 3 bd · 2 ba · sleeps 6 | $54,374 | $284 | 52% | 4.9★ (219) | 0.2 mi | AirbnbVrbo |
Experience the Allure of "Almost Paradise" Cabin | 3 bd · 2 ba · sleeps 7 | $64,882 | $186 | 96% | 4.8★ (33) | 0.3 mi | AirbnbBooking |
New 2BR Views Hot Tub Pool Resort Vacation home | 3 bd · 2 ba · sleeps 8 | $51,332 | $254 | 55% | — | 0.3 mi | Booking |
2BR GBurg log cabin- hot tub, dog friendly! Chalet | 3 bd · 2 ba · sleeps 6 | $35,612 | $173 | 56% | 4.5★ (10) | 0.3 mi | Booking |
Views Views Views!! Ski Slope/Smoky Mountain Views Pool Table Tikki Bar Hot Tub Chalet
| 3 bd · 3 ba · sleeps 10 | $59,621 | $312 | 52% | 4.3★ (21) | 0.3 mi | Vrbo |
Cozy Bear Cabin Cabin
| 3 bd · 3 ba · sleeps 8 | $112,182 | $352 | 87% | 5★ (208) | 0.3 mi | AirbnbVrbo |
Prime Location l Hot Tub l Pet Friendly Cabin
| 3 bd · 2 ba · sleeps 6 | $24,004 | $257 | 26% | 4.6★ (130) | 0.3 mi | AirbnbVrbo |
Newly Built 10 Mins to Downtown Gatlinburg Hot Tub Cabin
| 3 bd · 3 ba · sleeps 9 | $65,949 | $346 | 52% | 4.9★ (69) | 0.3 mi | AirbnbVrboBooking |
Secluded 3BR with game room, hot tub,pet friendly! House
| 3 bd · 2.5 ba · sleeps 10 | $82,969 | $401 | 57% | 5★ (31) | 0.3 mi | AirbnbVrbo |
The Spirit Bear Lodge | Hot Tub, Game Room, Grill! Cabin
| 3 bd · 3 ba · sleeps 10 | $23,689 | $308 | 21% | 5★ (13) | 0.3 mi | AirbnbVrboBooking |
Great 5-Star Cabin IN Gatlinburg w/ Easy Access!* Cabin
| 3 bd · 2 ba · sleeps 8 | $19,352 | $249 | 21% | 5★ (3) | 0.3 mi | AirbnbVrbo |
Specials! Hot Tub, Arcade, Fire Pit, PS5 & Views Cabin | 3 bd · 3 ba · sleeps 8 | $66,368 | $383 | 47% | 5★ (10) | 0.3 mi | Airbnb |
The Spirit Bear Lodge Cabin | 3 bd · 3 ba · sleeps 10 | $72,607 | $354 | 56% | 4.8★ (8) | 0.3 mi | Airbnb |
Sweet Serenity Vacation home | 3 bd · 2 ba · sleeps 6 | $24,113 | $224 | 29% | — | 0.3 mi | Booking |
3mil to Dwnt Gtbg 3Br/2b-Hot tub-Fireplace-Arcade Cabin
| 3 bd · 2 ba · sleeps 8 | $67,305 | $270 | 68% | 4.8★ (107) | 0.3 mi | AirbnbVrboBooking |
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
Rate 8.07% = 7.32% Freddie Mac 30-yr avg (Oct 22) + 0.75% investor premium
Est. revenue
$60,275
NOI
$35,620
Cash flow /mo
$614
Cash needed
$142,750
Cash-on-cash
5.2%
ROE (yr 1)
15.9%
Cap rate
8.4%
DSCR
1.26
Year-1 write-off
$104,290
Year-1 tax shield @ 32%
$33,373
Year-1 return on equity
- Cash flow (annual)$7,367
- Principal paydown$2,626
- Appreciation at%$12,750
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)$12,055
- Platform fees (3% of revenue)$1,808
- Maintenance / capex (5% of revenue)$3,014
- Utilities & supplies$4,200
- HOA$0
- Property tax$1,028
- Insurance (STR-rated)$2,550
Cash needed to close
- Down payment (25%)$106,250
- Closing costs (4.0%)$17,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$33,373
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
$360,000
Short-life (5/15-yr)
$84,000 · 23%
Year-1 deduction
$104,000
Year-1 tax shield @ 32%
$33,000
Land 15% (county tax record, market value split) · building $276,000 over 39 years · new furniture $20,000
Based on: 1,478 sq ft, built 1997, 3 bd / 2 ba, unfurnished, listing features (deck, fireplace, flooring types, appliance list, wooded lot).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $62,000 in year 1 (12% short-life, $20,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $9,400
Kitchen cabinetsdefault
$9,000 new × 40% good × 2.59 allocation
- $7,700
Kitchen countertopsdefault
$7,400 new × 40% good × 2.59 allocation
- $2,700
Decorative trimdefault
$2,600 new × 40% good × 2.59 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.59 allocation
- $1,200
Shelvingdefault
$1,200 new × 40% good × 2.59 allocation
- $3,900
Window coverings (15)default
$3,800 new × 40% good × 2.59 allocation
- $3,300
Carpet, vinyl & laminate (33% of floors)listing
$3,200 new × 40% good × 2.59 allocation
- $7,600
Kitchen & laundry equipment plumbingdefault
$7,000 new × 42% good × 2.59 allocation
- $4,600
Kitchen, laundry & data equipment electricaldefault
$4,300 new × 42% good × 2.59 allocation
- $5,200
Appliances (range, dishwasher, refrigerator)listing
$5,000 new × 40% good × 2.59 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $10,300
Paving: driveway & walks (paved)listing
$8,000 new × 50% good × 2.59 allocation
- $5,000
Landscaping (minimal)listing
$3,800 new × 50% good × 2.59 allocation
- $1,900
Patiosdefault
$1,500 new × 50% good × 2.59 allocation
- $21,500
Decks & porches (attached)listing
$16,600 new × 50% good × 2.59 allocation
- $213,800
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$160,000 new × 52% good × 2.59 allocation
- $18,000
Building plumbing & fixturesdefault
$16,600 new × 42% good × 2.59 allocation
- $17,400
Building electrical & lightingdefault
$16,000 new × 42% good × 2.59 allocation
- $17,200
HVACdefault
$16,700 new × 40% good × 2.59 allocation
- $6,600
Hardwood & tile floorsdefault
$6,300 new × 40% good × 2.59 allocation
- $2,700
Fireplacelisting
$2,600 new × 40% good × 2.59 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $65,300 | $38,700 | $300 | $104,300 |
| 2 | $0 | $0 | $7,100 | $7,100 |
| 3 | $0 | $0 | $7,100 | $7,100 |
| 4 | $0 | $0 | $7,100 | $7,100 |
| 5 | $0 | $0 | $7,100 | $7,100 |
| 6+ | $0 | $0 | $247,200 | $247,200 |
| Total | $65,300 | $38,700 | $275,800 | $379,800 |
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.