1235 Ski Mountain Rd Apt 629
Gatlinburg, TN 37738
$375,000
3 bd · 2 ba · 1,588 sqft · Listed today
View on Realtor.com →Year built
1982
Sqft
1,588
Lot sqft
—
HOA / mo
$333
Furnished
No
List date
2026-10-07T11:54:29.000000Z
Revenue
Annual revenue
$33,817
ADR
$188
Occupancy
49%
Cleaning fees (12 mo)
$5,970
Confidence
Low (41.21), 48 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $31,590
Bear Hug Hideaway #368
Vacation home · 3 bd · 2 ba · sleeps 7 · 0 ft
Revenue $16,407ADR $190Occ ≈ 24%5★ (1)
Chalet in the Smokies by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 6 · 0 ft
Revenue $38,977ADR $170Occ ≈ 63%4★ (12)
Bearly Ober Close to the Action
Vacation home · 3 bd · 2 ba · sleeps 6 · 0 ft
Revenue $20,681ADR $162Occ ≈ 35%5★ (4)
Come On Ober #367
Vacation home · 3 bd · 2 ba · sleeps 8 · 33 ft
Revenue $18,756ADR $213Occ ≈ 24%4.5★ (2)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Bear Hug Hideaway #368 Vacation home | 3 bd · 2 ba · sleeps 7 | $16,407 | $190 | 24% | 5★ (1) | 0 ft | Booking |
Chalet in the Smokies by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 6 | $38,977 | $170 | 63% | 4★ (12) | 0 ft | Booking |
Bearly Ober Close to the Action Vacation home | 3 bd · 2 ba · sleeps 6 | $20,681 | $162 | 35% | 5★ (4) | 0 ft | Booking |
Gatlinburg Condo-Walk to Ober-Arcade Game-Firepla Condominium (condo) | 3 bd · 2 ba · sleeps 7 | $20,859 | $203 | 28% | 4.7★ (11) | 16 ft | AirbnbVrbo |
Gatlinburg Condo, Walk to Ober, Arcade Game Condominium (condo) | 3 bd · 2 ba · sleeps 8 | $22,051 | $193 | 31% | 4.5★ (6) | 26 ft | AirbnbVrbo |
Come On Ober #367 Vacation home | 3 bd · 2 ba · sleeps 8 | $18,756 | $213 | 24% | 4.5★ (2) | 33 ft | Booking |
Carson’s Creekside Retreat! 2 King Beds/Queen/2 Tw House | 3 bd · 2 ba · sleeps 8 | $37,263 | $190 | 54% | 5★ (166) | 66 ft | AirbnbVrbo |
Charming Condo, Sleeps 6・Shared Pool・Gym・Fireplace Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $25,108 | $154 | 45% | 4.7★ (3) | 72 ft | AirbnbVrboBooking |
Streamside Condo Retreat | Fireplace + Pool Table Place | 3 bd · 2 ba · sleeps 8 | $45,392 | $242 | 51% | 4.7★ (197) | 95 ft | AirbnbVrboBooking |
Bright Sunroom, Wooded Views, Ober Mountain Base Apartment | 3 bd · 2 ba · sleeps 6 | $3,226 | $184 | 5% | 5★ (2) | 194 ft | AirbnbVrboBooking |
Show 38 more
Mountain Charm 2 by Avada Properties
Vacation home · 3 bd · 2 ba · sleeps 6 · 223 ft
Revenue $12,221ADR $155Occ ≈ 22%3.5★ (2)
Running Bears Den- Chalet Village’s Perfect Retreat in the Mountains
Cabin · 3 bd · 3 ba · sleeps 10 · 0.2 mi
Revenue $46,424ADR $385Occ ≈ 33%4.8★ (47)
Mountain Views •Hot Tub•Dollywood OBER Gatlinburg
Cabin · 3 bd · 2 ba · sleeps 10 · 0.2 mi
Revenue $9,616ADR $290Occ ≈ 9%5★ (8)
Cabin in Gatlinburg Mountain Views + Hot Tub+Near Ober Gatlinburg
Chalet · 3 bd · 2 ba · sleeps 10 · 0.2 mi
Revenue $7,537ADR $294Occ ≈ 7%5★
Chillin with the Bears
Cabin · 3 bd · 3 ba · sleeps 6 · 0.2 mi
Revenue $17,911ADR $221Occ ≈ 22%4.4★ (23)
Secluded yet close to Downtown
House · 3 bd · 2 ba · sleeps 10 · 0.2 mi
Revenue $7,725ADR $191Occ ≈ 11%3.9★ (48)
King Beds, Views, Modern, Hot Tub, Chalet Village
House · 3 bd · 2.5 ba · sleeps 8 · 0.2 mi
Revenue $102,162ADR $370Occ ≈ 76%5★ (126)
Queen of the South-Gatlinburg
House · 3 bd · 3 ba · sleeps 8 · 0.2 mi
Revenue $30,529ADR $421Occ ≈ 20%5★ (2)
Cozy 3-bedroom cabin in wonderful Gatlinburg. Hot Tub, walk to Ober Mtn. Bears.
Cabin · 3 bd · 2 ba · sleeps 6 · 0.2 mi
Revenue $21,689ADR $293Occ ≈ 20%4.4★ (3)
Little Foot Cabin
Cabin · 3 bd · 3 ba · sleeps 7 · 0.2 mi
Revenue $50,895ADR $223Occ ≈ 63%4.9★ (97)
Ski Bear - Mins to Ober / Pet Friendly & Free Attraction Tickets
Cabin · 3 bd · 3 ba · sleeps 9 · 0.2 mi
Revenue $56,950ADR $199Occ ≈ 78%4.4★ (6)
Smoky Hearth Retreat Pool Hot Tub Games MORE
Vacation home · 3 bd · 3 ba · sleeps 7 · 0.2 mi
Revenue $61,997ADR $303Occ ≈ 56%3.2★ (2)
Cozy Gatlinburg Condo ~ 2 Mi to National Park!
Condominium (condo) · 3 bd · 3 ba · sleeps 6 · 0.3 mi
Revenue $22,274ADR $1,490Occ ≈ 4%4.6★ (42)
High Alpine #204 by American Patriot Getaways
Apartment · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $43,192ADR $218Occ ≈ 54%—
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
*Charming 3BDR Condo with Sunroom + Near TOWN!* Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $26,974 | $275 | 27% | 4.5★ (54) | 217 ft | AirbnbVrbo |
Mountain Charm 2 by Avada Properties Vacation home | 3 bd · 2 ba · sleeps 6 | $12,221 | $155 | 22% | 3.5★ (2) | 223 ft | Booking |
3BR condo w/ a fireplace & Free Attraction Tickets Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $34,808 | $213 | 45% | 4.8★ (15) | 305 ft | AirbnbVrboBooking |
You've Earned A Relaxing Gatlinburg Vacation Cottage | 3 bd · 2 ba · sleeps 8 | $29,550 | $210 | 39% | 4.5★ (2) | 338 ft | AirbnbVrboBooking |
Ally’s Place Condominium (condo) | 3 bd · 2 ba · sleeps 6 | $29,769 | $168 | 49% | 5★ (266) | 476 ft | AirbnbVrbo |
Cabin near Ski Resort, Anakeesta and SkyPark Cabin | 3 bd · 3 ba · sleeps 8 | $81,886 | $324 | 69% | 4.9★ (129) | 0.1 mi | AirbnbVrbo |
The Dylan House Cabin | 3 bd · 2 ba · sleeps 8 | $21,804 | $286 | 21% | 4.8★ (177) | 0.1 mi | AirbnbVrbo |
Privacy & Convenience! Bright & Clean! Epic Views! Chalet | 3 bd · 2 ba · sleeps 6 | $39,870 | $224 | 49% | 5★ (226) | 0.1 mi | AirbnbVrbo |
4SkiSons: HotTub•Foosball/gaming•FreeDollywoodTckt Chalet | 3 bd · 2 ba · sleeps 6 | $31,143 | $264 | 32% | 4.6★ (12) | 0.2 mi | AirbnbVrbo |
Running Bears Den- Chalet Village’s Perfect Retreat in the Mountains Cabin | 3 bd · 3 ba · sleeps 10 | $46,424 | $385 | 33% | 4.8★ (47) | 0.2 mi | Vrbo |
Alpine Ski Lodge | Serene Views + Near Ober! Cabin | 3 bd · 2 ba · sleeps 6 | $61,524 | $261 | 65% | 4.7★ (126) | 0.2 mi | AirbnbVrboBooking |
Mountain Views •Hot Tub•Dollywood OBER Gatlinburg Cabin | 3 bd · 2 ba · sleeps 10 | $9,616 | $290 | 9% | 5★ (8) | 0.2 mi | Airbnb |
Cabin in Gatlinburg Mountain Views + Hot Tub+Near Ober Gatlinburg Chalet | 3 bd · 2 ba · sleeps 10 | $7,537 | $294 | 7% | 5★ | 0.2 mi | Vrbo |
Chillin with the Bears Cabin | 3 bd · 3 ba · sleeps 6 | $17,911 | $221 | 22% | 4.4★ (23) | 0.2 mi | Airbnb |
Gatlinburg Hideaway with Fireplace & Deck House | 3 bd · 2 ba · sleeps 8 | $49,843 | $518 | 26% | 4.5★ (4) | 0.2 mi | AirbnbVrboBooking |
Secluded yet close to Downtown House | 3 bd · 2 ba · sleeps 10 | $7,725 | $191 | 11% | 3.9★ (48) | 0.2 mi | Vrbo |
King Beds, Views, Modern, Hot Tub, Chalet Village House | 3 bd · 2.5 ba · sleeps 8 | $102,162 | $370 | 76% | 5★ (126) | 0.2 mi | Airbnb |
4 Mi to DT Gatlinburg・Serene Getaway・Hot tub・Games Cabin | 3 bd · 2 ba · sleeps 8 | $34,347 | $313 | 30% | 5★ (6) | 0.2 mi | AirbnbVrboBooking |
Queen of the South-Gatlinburg House | 3 bd · 3 ba · sleeps 8 | $30,529 | $421 | 20% | 5★ (2) | 0.2 mi | Airbnb |
Cozy 3-bedroom cabin in wonderful Gatlinburg. Hot Tub, walk to Ober Mtn. Bears. Cabin | 3 bd · 2 ba · sleeps 6 | $21,689 | $293 | 20% | 4.4★ (3) | 0.2 mi | Vrbo |
Little Foot Cabin Cabin | 3 bd · 3 ba · sleeps 7 | $50,895 | $223 | 63% | 4.9★ (97) | 0.2 mi | Airbnb |
Ski Bear Chalet•Pet Friendly•Hot Tub•Pool Access Chalet | 3 bd · 2.5 ba · sleeps 6 | $27,399 | $279 | 27% | 4.7★ (6) | 0.2 mi | AirbnbVrbo |
Ski Bear - Mins to Ober / Pet Friendly & Free Attraction Tickets Cabin | 3 bd · 3 ba · sleeps 9 | $56,950 | $199 | 78% | 4.4★ (6) | 0.2 mi | Vrbo |
Smokies Mountain Cabin: Views|Hot Tub|Location Cabin | 3 bd · 2.5 ba · sleeps 10 | $32,037 | $299 | 29% | 4.8★ (123) | 0.2 mi | AirbnbVrbo |
Eagle's Nest Escape, Steps to Downtown Gatlinburg Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $3,457 | $170 | 6% | 5★ (2) | 0.2 mi | AirbnbVrbo |
The Bird’s Nest Cabin | 3 bd · 2 ba · sleeps 6 | $22,823 | $272 | 23% | 4.6★ (77) | 0.2 mi | AirbnbVrbo |
Smoky Hearth Retreat Pool Hot Tub Games MORE Vacation home | 3 bd · 3 ba · sleeps 7 | $61,997 | $303 | 56% | 3.2★ (2) | 0.2 mi | Booking |
Cozy 3BR | Pac-Man, Skee-Ball & Hot Tub Cabin | 3 bd · 2 ba · sleeps 7 | $68,294 | $348 | 54% | 3.8★ (11) | 0.2 mi | AirbnbVrbo |
Mountain & Downtown Views * Hot Tub * 3 Clubhouses Cabin | 3 bd · 2 ba · sleeps 6 | $78,889 | $312 | 69% | 5★ (208) | 0.2 mi | AirbnbVrboBooking |
Unique Gatlinburg Cabin: Decks, Hot Tub, Fire Pit House | 3 bd · 2 ba · sleeps 6 | $39,166 | $206 | 52% | 4.1★ (185) | 0.2 mi | AirbnbVrboBooking |
Magnificent View: Hot Tub, Arcade Games & Theater! Cabin | 3 bd · 3 ba · sleeps 8 | $73,319 | $365 | 55% | 4.8★ (40) | 0.3 mi | AirbnbVrboBooking |
Cozy Gatlinburg Condo ~ 2 Mi to National Park! Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $36,443 | $189 | 53% | 4.4★ (16) | 0.3 mi | AirbnbVrboBooking |
Cozy Gatlinburg Condo ~ 2 Mi to National Park! Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $22,274 | $1,490 | 4% | 4.6★ (42) | 0.3 mi | Airbnb |
Ski, Hike & Explore: Mtn-View Haven in Gatlinburg! Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $53,186 | $268 | 54% | 4.8★ (11) | 0.3 mi | AirbnbVrboBooking |
High Alpine #204 by American Patriot Getaways Apartment | 3 bd · 2 ba · sleeps 6 | $43,192 | $218 | 54% | — | 0.3 mi | Booking |
Perfect Mountain View Family Condo 1000ft to Ober Apartment | 3 bd · 3 ba · sleeps 6 | $26,518 | $196 | 37% | 5★ (15) | 0.3 mi | AirbnbVrbo |
Spacious 3 BR Close to Gatlinburg – 8 Min Drive! Condominium (condo) | 3 bd · 3 ba · sleeps 8 | $53,991 | $232 | 64% | 4.9★ (94) | 0.3 mi | AirbnbVrboBooking |
Newly Renovated Condo, Sleeps 7・Arcade・Shared Pool Condominium (condo) | 3 bd · 3 ba · sleeps 6 | $38,781 | $221 | 48% | 5★ (9) | 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 8.03% = 7.28% Freddie Mac 30-yr avg (Oct 1) + 0.75% investor premium
Est. revenue
$33,817
NOI
$12,752
Cash flow /mo
-$1,007
Cash needed
$128,250
Cash-on-cash
-9.4%
ROE (yr 1)
1.2%
Cap rate
3.4%
DSCR
0.51
Year-1 write-off
$76,417
Year-1 tax shield @ 32%
$24,454
Year-1 return on equity
- Cash flow (annual)-$12,083
- Principal paydown$2,336
- Appreciation at%$11,250
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)$6,763
- Platform fees (3% of revenue)$1,015
- Maintenance / capex (5% of revenue)$1,691
- Utilities & supplies$4,200
- HOA$3,996
- Property tax$1,150
- Insurance (STR-rated)$2,250
Cash needed to close
- Down payment (25%)$93,750
- Closing costs (4.0%)$15,000
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$24,454
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
$312,000
Short-life (5/15-yr)
$57,000 · 18%
Year-1 deduction
$76,000
Year-1 tax shield @ 32%
$24,000
Land 17% (county tax record, market value split) · building $256,000 over 39 years · new furniture $20,000
Based on: 1,588 sq ft, built 1982, 3 bd / 2 ba, unfurnished, listing features (fireplace, flooring types, appliance list).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $53,000 in year 1 (11% short-life, $17,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $10,300
Kitchen cabinetsdefault
$9,300 new × 40% good × 2.76 allocation
- $8,400
Kitchen countertopsdefault
$7,600 new × 40% good × 2.76 allocation
- $3,100
Decorative trimdefault
$2,800 new × 40% good × 2.76 allocation
- $300
Mirrorsdefault
$300 new × 40% good × 2.76 allocation
- $1,300
Shelvingdefault
$1,200 new × 40% good × 2.76 allocation
- $4,400
Window coverings (16)default
$4,000 new × 40% good × 2.76 allocation
- $7,500
Carpet, vinyl & laminate (67% of floors)listing
$6,800 new × 40% good × 2.76 allocation
- $8,000
Kitchen & laundry equipment plumbingdefault
$7,200 new × 40% good × 2.76 allocation
- $4,800
Kitchen, laundry & data equipment electricaldefault
$4,400 new × 40% good × 2.76 allocation
- $8,500
Appliances (range, microwave, dishwasher, refrigerator, washer, dryer)listing
$7,700 new × 40% good × 2.76 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $190,100
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$172,000 new × 40% good × 2.76 allocation
- $19,700
Building plumbing & fixturesdefault
$17,800 new × 40% good × 2.76 allocation
- $19,200
Building electrical & lightingdefault
$17,400 new × 40% good × 2.76 allocation
- $19,800
HVACdefault
$17,900 new × 40% good × 2.76 allocation
- $3,800
Hardwood & tile floorsdefault
$3,400 new × 40% good × 2.76 allocation
- $2,900
Fireplacelisting
$2,600 new × 40% good × 2.76 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $76,100 | $0 | $300 | $76,400 |
| 2 | $0 | $0 | $6,600 | $6,600 |
| 3 | $0 | $0 | $6,600 | $6,600 |
| 4 | $0 | $0 | $6,600 | $6,600 |
| 5 | $0 | $0 | $6,600 | $6,600 |
| 6+ | $0 | $0 | $229,000 | $229,000 |
| Total | $76,100 | $0 | $255,500 | $331,700 |
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.